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Wal-Mart Supply Chain ManagementMwanza DaviesFinal PaperOMS5122/ Global Operations Management[Dr. Danielle Babb]To submitted by the May 10, 2020
Wal-Mart Supply Chain ManagementWal-Mart Supply Chain Management analysisWal-Mart, a multinational retail corporation is one of the fastest growing corporations in the supply chain and retail management. Its presence in America and Latin America is huge. The ere have been numerous studies concerning Wal-Mart and its operation, the strategies and all aspects of its managements, given the fact that Wal-Mart as a corporation is considered to be a leader in the retail segment of the industry in America and worldwide.In order to meet the global demands of their presence, Wal-Mart requires bringing into force effective supply chain management and its thinking is the call of the hour. We assume that Wal-Mart strategies are resilient enough in that regard. This report also presents some significant finding of Wal-Mart supply chain management strategies, which is a pioneerfor the industry.INTRODUCTIONAccording to Grean & Shaw (2002) supply chain management is a complex process involving the intricacies of top of the end management practices. As we are aware with the reality, the world today in the backdrop of globalization and its impact is interlinked. Considering business manufacturing or retails units as well, it is quite obvious that corporation needs effective coordination and cooperation with suppliers as a means to ensure that products and services reaches the market without any hiccups, which further enable such corporation to serve their customer better.It is prudent to select a company with an international presence to analyze the components of supply chain thinking and its management aspects. For that reason, the company selected for the purpose of this study is Wal-Mart, a market leader in the global retail industry. The objective behind this report is to identify the trends and strategies adoptedby Wal-Mart in the backdrop of globalization and its impact, plus the effect of competitions on their inventory management practices as well as the technological shift that the company
Wal-Mart Supply Chain Managementhave integrated for streamlined processes in their supply chain management processes overall, which is discussed below.TRENDS AND CHARACTERISTICS IN RETAIL INDUSTRYIn the retail industry, the most important trends and its characteristics are defined by their dependence on consumer spending habits as stated by Byrne (2004). This is what we generally seen happens in most cases, whether during the good times or likewise. Retails industry serves it customer through their retail stores, such as grocery shops and departmentalstores, which is the commonest example we can come with concerning the characteristics in retail industry.