Management Problem Of Walmart

1370 Words6 Pages
1. Problem four
Wal-Mart Stores, Inc. is a global trade firm that contains low-cost grocery stores and warehouses. It was established fifty years ago by Sam Walton and his brother Bud in Bentonville, Arkansas (USA). Wal-Mart is considered one of world ́s most valuable companies (“Our Business,” n.d.). It has a sale over $300 billion a year. Wal -Mart is the world biggest employer, having more than 1.5 million workers around the globe. Wal-Mart has more than five thousand stores around the globe. Most of the stores (around 80%) are found in the United States. Over the past ten years, Wal-Mart has become the world ‘s largest and most strong retailer with the leading sales per square foot, inventory turnover and operating profit of any discount retailer (Coe, 2007). They address on creating a difference in the customer`s lives better and helping customers` save money.
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Moreover, the company’s effective inventory management and integration of technology lead to an effective operational process (Comm and Mathaisel, 2008). The biggest problem of Walmart’s across the world is empty shelves (out of stock merchandise) and unorganized products on the shelves. This kind of problem makes products extremely difficult to be easily accessible (Rosenblum, n.d.). Beginning in 2013 reports that Walmart Stores was mismanage with an out of stock problem at its stores across the world. Walmart has developed better technology since 2013 to improve its shelves are properly stocked and Walmart's out-of-stock, but the problem was not fully resolved. Again, in June 2017 the same problem was observed in some of Walmart grocery store shelves. The problem was reported mostly in its fresh food departments and in health and beauty care departments. These departments were poorly stocked (Rittenhouse,
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