Coursework Header Sheet186714-156 | |
Course | BUSI1150: E-Log & Int Sup Chain Mgt 15c | Course School/Level | BU/PG | Coursework | Research Report | Assessment Weight | 70.00% | Tutor | Y Lin | Submission Deadline | 30/03/2012 |
Coursework is receipted on the understanding that it is the student's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University's Regulations regarding Cheating and Plagiarism. |
000714534 Shabbir Bhanpurawala Tutor's comments
|
Grade
…show more content…
Nonetheless, wild pacific salmon are fished near the shore or the ocean between May and September because they spawn in their river habitats during these months. The other challenge was that wild pacific salmon were depleting and protecting them was a great challenge as it was indirectly posing a threat to Walmart and its sea food supply chain.
According to (Denend, 2010) major challenge was that commercial fishing of wild salmon was only permitted to the people who had permits that also for a limited period of time or season. Also, the duration of this season fluctuated each year so that the wild pacific salmon of each type would be protected and they would return back to spawn in the river habitats. As a result, Walmart would not have sufficient amount of stock for wild pacific salmon and was posing a threat to its supply chain & the duration of fishing was volatile because if salmon would come back in greater quantity then the fishing season would continue for an extended period of time; if they would go back then the season would shut down earlier, so the quantity and availability was not fixed in nature and this was also among the few possible challenging reason for Walmart.
There are numerous other factors present which would increase the cost price of Wal-Mart’s supply chain either directly or indirectly which are
1) Should Wal-Mart be expected to protect small businesses in the communities within which it operates?
Wal-Mart didn’t just get by with cost-saving methods. They were ahead of their competitor’s technology wise too. Even in the 1970’s, Wal-Mart was able to track inventories in their warehouses and link it with stores. They tracked their sales data for specific items and could increase or decrease their inventory accordingly, achieving a higher efficiency than other retail companies. Another aspect that Wal-Mart felt strongly about was expanding there reaches. In 1978, they introduced a Pharmacy, auto center and jewelry divisions.
Retail super-giant Wal-Mart has fought its way to becoming the world's largest company. Wal-Mart’s legendary supply chain technology has allowed them to break the three-day barrier that some economists in the eighties felt that it was unbreakable. In other words, Wal-Mart is often able to replenish items on the Wal-Mart shelf in less than three days – not from the central warehouse to the shelf, but from the manufacturer to the shelf. With quick and reliable 2-day turn around, Wal-Mart is able to maintain lower levels of inventory and still meet customer demand. These lower inventory levels result in either a reduced floor plan with lower carrying costs and lower interest expense – or a greater diversity of products on the store shelves.
The two supply chains of Walmart and Amazon are different from each other and are efficient at their own perspectives. Both the supply chains are highly efficient in reaching out the customers in different ways. Walmart’s supply chain is completely based on store based retailing whereas Amazon’s supply chain is based on online retailing. The various methods followed by Walmart in its supply chain are vendor management inventory, cross-docking and central warehousing. Amazon acts as a retailer, as a third party and as an agent in supply chain management while selling various products through online.
Retail super-giant Wal-Mart has fought its way to becoming the world's largest company. Much of their success can be attributed to providing a vast assortment of products at exceptional prices all under one roof. Wal-Mart began operations in 1964 and has since become the world leader in retail. Today, Wal-Mart is visited by 138 million customers per week at their 4,750 stores. Wal-Mart operates under four basic rules in order to satisfy such a large number of customers:
Another problem that Wal-Mart faces is one shared by all people. There is a concern for the environmental well-being of the Earth. There is much press about corporations that have violated safe environmental practices. Their “receipt, transportation, handling, identification, recycling, treatment, storage and disposal” of hazardous material has been under scrutiny. Also their greatest associated environmental concern is urban sprawl. They have counteracted these problems by trying to become a greener company. They are working to reduce greenhouse
In US, the consumers demand of products or services offering by Wal-Mart could affected by many economic factors such higher fluctuations in foreign exchange, higher fuel prices and costs, higher inflation, higher level of unemployment, and consumer’s debt level and other factors. In general, any firm can be influenced by conditions in the global and domestic economies. During the year 2014, the U.S. economy continued to recover at a moderate pace. However, there is no assurance that such recovery trend will continue in the future. To deal with the difference in the economic environments between countries, Walmart should follow different strategy. Just like the price strategy, the price of the products may be different because of the costs is different. If both wages and expenses in a country are high, the cost of producing goods will be high also, and then the price will arise.
Coursework is receipted on the understanding that it is the student's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University's Regulations regarding Cheating and Plagiarism.
Wal-Mart is a world-wide active American retail trade company and currently the largest retail company in the world. Beginning in 1962, Wal-Mart has made the transition from a small firm in Arkansas to the largest employer with 3, 800 store units in the United States with record revenues today. But nevertheless, since Wal-Mart launched its online branch, it had to suffer from substantial setbacks from competitors such as Amazon.com or Ebay.
Why do you think Wal-Mart did not venture abroad until 1991, despite its success in the USA?
The company I think that has been successful at transforming its business practices related to supply chain management is Walmart. In 1962, the first Walmart was open, so was Target and Kmart. Sam Walton was the founder of Walmart. Mr. Walton was known for his ways of being cheap in business and in his personal life. Walmart was mainly a success because of Mr. Walton’s wanted to keep costs low and then use cost advantage to lower down prices to increase volume. It went round and round and now, Walmart stands as one of the largest retail stores globally. Within the last ten years, Walmart has become one of the world’s largest retailer stores. Walmart sells a wide variety of things such as; clothing, household cleaning products, animal supplies and groceries. Walmart has a high inventory turnover as well as an operating profit, Walmart stands to be number one even against Kmart and Target. Walmart learned how to use supply management effetely and by doing so, Walmart went from regional to global.
Coursework is receipted on the understanding that it is the student 's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University 's Regulations regarding Cheating and Plagiarism.
Coursework is receipted on the understanding that it is the student 's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University 's Regulations regarding Cheating and Plagiarism.
We hereby declare that no portion of the work referred to in this project thesis has been submitted in support of an application for another degree or qualification of this of any other university or other institute of learning. If any act of plagiarism is found, we are fully responsible for every disciplinary action taken against us depending upon the seriousness of the proven offence, even the cancellation of our degree.