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Description Of Inventory Management At Walmart

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Introduction
Walmart Inc. is an American multinational retail corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. Walmart corporation was formerly known as Walmart stores and they operate under the name Walmart in the United States and Canada. The company has about 11,500 retail units under 63 different banners in 28 countries. Description of Operational Strategy (Management Inventory)
Walmart takes advantage of advanced technology and innovation in optimizing its inventory management performance. There are several factors that affect the success of this business, Walmart's inventory management is one of the keys to the company's success. Given the size of the Walmart company, effectiveness and efficiency must be done in managing the company's inventory. Walmart is currently innovating in determining their inventory management strategies, and the company has proven successful vendor inventory management effectively that allows suppliers to access data from Walmart information systems, such as current inventory level data and the level of certain items sold. Thus, the supplier can determine the exact time to send additional items as inventory to Walmart, while Walmart only monitors and controls the goods that transit actual from the warehouse to the store “Walmart: Inventory Management” (2017).
Inventory management has been a major focus for Walmart Inc. Walmart uses different methods to manage its inventory. The
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