Dissertation Writers: automatic replenishment of store inventories triggered at point of sale
Assignment: Writing Assignment/Supply Chain Innovations by Wal-Mart
Supply Chain Innovations by Wal-Mart.
Wal-Mart is well know to be a leader in Supply Chain Management. This week’s writing assignment is related to Wal-Mart. Search the internet, the APUS library, books, periodicals, articles. In a minimum of at least 300 words describe innovations Wal-Mart has brought to Supply Chain Management. Lecture 2 in the TLMT352 Folder in Course Materials is meant only to give you some things to think about. Please do not rehash the points made in Lecture 2. Bring completely new things to the table. Please cite from where you have gotten your material. You may want to concentrate on technology innovations Wal-Mart has instituted.
Introduction to A Case Study in Supply Chain at Wal-Mart
Wal-Mart: A Case Study in Supply Chain
We all are familiar with and buy from Wal-Mart, maybe on a daily basis, Sam Walton, the founder’s focus was on logistics and today Wal-Mart is a leader in the field of supply chain management. The company, however, is not complacent with this label and continues to strive toward excellence and to expect the same from its vendors. The company continues to institute new initiatives.
BODY OF KNOWLEDGE:
Wal-mart looks for ways to improve its supply chain processes, never accepting the status quo. It has viewed logistics as a way to differentiate itself from its competition and to improve service to its stores. Developing close relationships with its suppliers has been a cornerstone of its approach toward its supply chain, redefining the supply chain concept along the way. Core portions of its focus have been:
1. investment in and use of technology.
2. mechanization and automation
3. automatic replenishment of store inventories triggered at point of sale
4. co-managed inventories with suppliers: data accumulated at point of sale (basically the registers) may trigger production by suppliers and replenishment of product.