"Walmart's Digital Transformation - Bridging the Digital / Physical Divide"
By: Brandon Robinson. Walmart's Success Rising five-year trend, Walmart® grossed $476 billion in...
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Transcript of By: Brandon Robinson. Walmart's Success Rising five-year trend, Walmart® grossed $476 billion in...
Walmart's Supply Chain ManagementBy: Brandon Robinson
Walmart's SuccessRising five-year trend, Walmart® grossed
$476 billion in the fiscal year that ended in January 2014, up from $408 billion in fiscal 2010
The National Retail Federation ranks Walmart as the world’s top retailer in 2014 based on global sales’ it has a “mature supplier collaboration process” supported by technology.
Supply Chain ComponentsWalmart’s overall methods of supply chain
management differ little from the main components of most supply chains: purchasing, operations, distribution, and integration.
But Walmart has refined these methods.
Purchasingpurchasing managers- who determine
which products will sell, find vendors and arrange deals for the products.
Removing chain links.
Strategic Sourcing
OperationsOperations portion of a supply chain focuses
on demand planning, forecasting and inventory management.
Technology plays a key role in Walmart’s supply chain
Universal Product Code bar codes, Retail Link and Radio Frequency Identification Tags (RFID).
DistributionMoving the product from warehouses or
manufacturing plants to stores and ultimately to customers.
Cross-Docking.
IntegrationSupply chain integration connects the flow of
work and information among all links in the supply chain to maximize efficiencies.
Supply Chain Synchronization and Less Centralized Control.
Vendor Managed Inventory (VMI),
Conclusion
“Supply chain management is moving the right items to the right customer at the right time by the most efficient means”
ReferencesLu, C. (2014, May 8). Incredibly successful supply chain
management: How does walmart do it? Retrieved April 20, 2015, from http://www.tradegecko.com/blog/incredibly-successful-supply-chain-management-walmart
Walmart: Keys to Successful Supply Chain Management. (2015, January 1). Retrieved April 20, 2015, from http://www.usanfranonline.com/resources/supply-chain-management/walmart-keys-to-successful-supply-chain-management/#.VTWQwU10wq1