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Unformatted text preview: experience.” Wal-Mart’s relationship to its suppliers reshaped the global market for consumer goods. Three trends: 1. Power shift from manufacturers to retailers- UPC 2. Rise of global manufacturers 3. Power of consumers in shaping product choices – 109 The “discount” revolution starting in the 1960s featured self service, efficient operations and lower margin per item. These companies also use computerized current inventory reports and automated distribution centers. Wal-Mart, Jobs, and the Supply Chain The retail boom in America creates a simplified management structure – fewer middle strata jobs, much greater numbers of lower strata jobs. See Tables p. 147-150 Role of government in this expansion: 1. Many Wal-Mart employees use public assistance programs-155 2. Wal-Mart uses/demands state and local tax breaks to locate its stores-158...
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This note was uploaded on 04/14/2011 for the course POLI SCI 0859 taught by Professor Robinkolodny during the Fall '09 term at Temple.
- Fall '09