Supply Chain Management in Wallmart

They took advantage of new technologies to increase efficiency and control costs. Wal-Mart was an early adopter of using retail scanners at checkout points to immediately track and record items as they sold, keeping shelves stocked at lower prices for the consumer. Their growth coupled with the right timing lead to an expansion that created an inventory control system and state of the art facilities.

The supply chain management is considered as a management concept from past two decades as the customers are concerned about timely and safe delivery. The competitiveness has been increasing among the companies to deliver the products as quickly as possible to the customers all around the world. This has made the supply chain management as a vital tool for the management. This is also measured as a competitive parameter for the companies.

Wal-mart Stores Inc was the world’s largest retailer and was started by Sam Walton in 1962 who named it as “Wal-Mart Discount City”. However before Wal-mart; Sam Walton owned a number of Ben Franklin Store Chains. Due to this prior experience of owning smaller variety stores and dealing with its franchised supply chain, he learnt various business concepts and also was able to selectively purchase merchandise in bulk from new suppliers and then transport these goods to his stores directly. And then he realized a new trend of discount retailing which was based on driving high volumes of product through low cost retail outlets. He also started a new concept of “Everyday Low

Reorders are placed at the time of review (T), and the safety stock that must be reordered is:

department of the company. In the internship report I will try to depict the whole

Walmart over the past few decades, spread across America from nearly every small town coast to coast. The stores rapid growth, lead to the availability of a wide variety of low cost goods all in one store. Whether the company is viewed in a positive or negative light is irrelevant when discussing innovation by its ability to spread like wildfire. Technology in recent years is placing a strong fight against the major retailer in terms of convenience. Stores such as Amazon online allow for consumers to purchase goods without ever leaving their homes. Walmart’s innovations in the supply chain management field must adapt to the benefits of online sales if it intends on remaining a strong competition to online stores.

Wal-mart Stores Inc was the world’s largest retailer and was started by Sam Walton in 1962 who named it as “Wal-Mart Discount City”. However before Wal-mart; Sam Walton owned a number of Ben Franklin Store Chains. Due to this prior experience of owning smaller variety stores and dealing with its franchised supply chain, he learnt various business concepts and also was able to selectively purchase merchandise in bulk from new suppliers and then transport these goods to his stores directly. And then he realized a new trend of discount retailing which was based on driving high volumes of product through low cost retail outlets. He also started a new concept of “Everyday Low

Supply chain management a major sector in almost all the product and service based organizations mean that managing the flow of goods, cash and information internally or externally and within an organization or group of organizations that follow same value chain. There are many existing technologies and also emerging technologies in the field of supply chain management. The gist of the paper is Radio Frequency Identification (RFID) tags an emerging technology in supply chain management and how it can be implemented or developed more effectively so that there can be an increase in the efficiency of supply chain management system. These

Wal-Mart Stores, Inc. the World’s largest retailer, has a bullseye on its back in all different directions from supermarkets cutting prices to match Wal-Mart’s price, to Costco leading the warehouse market and online retailer beating out Wal-Mart.com. In addition, 2008 brings an economic slowdown and reduction of feet through the doors of Wal-Mart Stores. Added to this, Wal-Mart has received negative publicity relating to employee compensation and benefits, forcing pricing challenges for suppliers resulting in the loss of U.S. jobs and opening stores putting locally owned retail outlets out-of-business. Wal-Mart has over 6,8001 stores worldwide with a strong internet presence supported by over 66,000 suppliers.

The US based Wal-Mart ranked first in the global Fortune 500 list in the financial year 2001-02 earning revenues of $219.81 billion. Wal-Mart is one of the largest retailing companies in the world. The company has grown larger then than its competitors, such as Target, Sears, K-Mart, and many more. Now, Wal-Mart operate more than 3,500 discount stores, Sam’s Clubs and supercenters in the US and more than 1,170 stores in all major countries across the world. So, one has to wonder, how do Wal-Mart’s supply chain works and how is it managed.

In the San Diego distribution center (DC) information flow example, dealers not being notified automatically of order status would be classified as

Supply Chain Management (SCM) -SCM is a cross functional interentreprise system that uses information technology to help support and manage the links between some of a company's key business processes and those of its suppliers, customers and business partners. The goal of SCM is to create a fast , efficient, and low cost network of business relationships, or supply chain, to get a company's products from concept to market. (O'Brien & Marakas,

Walmart has a large retail seafood business and it is always a challenge to reduce cost and promote sustainability. With upward trend for the demand of sea-food, depletion of the seafood supply is inevitable unless Walmart have a deep engagement of their supply chain. One strategy that Walmart wants to promote to their suppliers is for all of them to take up the Marine Stewardship Council’s certification program. This process will be time consuming, expensive and complex. The depletion of some fish poses a threat to Walmart and its seafood supply chain.

Walmart has expanded as the largest retailer since it opened doors over 50 years ago, incorporating various information technology systems into their supply chain and logistical operations. Walmart is known for being the first with new innovation by utilizing new information functions to increase profits. By implementing Radio Frequency

McDonalds is one of the world’s leading fast food chain restaurants. It account for the total of over 30,000 restaurants in over 119 countries. All these McDonalds restaurants serve around 50 million people every day. There are ups and downs in every business. Every business has to face challenges over the time. Out of those challenges, one of the major challenges faced by McDonalds was supply chain management. Supply chain management involves creating a balance between minimising wastage as well as at the same time meeting customers’ needs. Wastage is reduced by two major steps:-