Walmart example - -Efficiencies-Gives WalMart full into on...

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----------- 12/1/2014 Walmart Negatives - poor working conditions US and abroad and low wages - Part time jobs - no benefits - medicaid, medicare - loss of manufacturing jobs - loss of mom + pops Positives - Savings - Variety - Online -> mom + pops - Jobs in China Discount retailing - buy in bulk, sell cheap...volume based strategy Initial position was advantageous because there were no competitors in that market It was by accident Cost/Activities - Procurement - Bypass manufacturers rep (3-4% savings) - Retail link - xchange POS data - Integrated inventory systems
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Unformatted text preview: -Efficiencies-Gives WalMart full into on suppliers costs-No Negotiation -> volume threat-China -> 2000s- Distribution-Owned trucks, owned warehouses-Hub and Spoke System- IT-Retail Link-Scan ‘N Pay (2000s) -> inventory turnover (3.2 in 73, 4.4 in 83, 4.5 in 93, 7.6 in 03)-Hub + Spoke WTP Walmart vs. Small Specialty Shop (Rural small towns) + Convenience -> one stop shopping + Variety/Selection + National brands/Generics + Always in stock- Impersonal + Products tailored to local store...
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