Management Problems Of Walmart

1137 Words5 Pages
1. Problem four
Wal-Mart Stores, Inc. is a multinational retail corporation that runs large discount 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. It has more than five thousand stores worldwide. 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 customers lives better and helping customers save money.
Walmart’s inventory management is one of the biggest contributors to the success of the company and integration of technology in promote an effective operational process (Comm and Mathaisel, 2008). The biggest problem of Walmart’s across the world is empty
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The entire organization relies on the linked inventory management and point of sale systems (POS) to maintain their standards for business and sales. Walmart has used different methods to improve inventory tracking system (Mathews, 2006). These resulted in decreasing the out of stock grocery store and empty shelves problem that leads to a better customer satisfaction. In addition, Walmart improved the inventory level management system by using advanced information technology systems and communication systems to effectively track sales and merchandise inventories in stores (Greenspan, 2015) . The store level information system allows suppliers to be notified as soon as items are purchased. Retrain employees in charge of inventory to ensure proper
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