Wednesday, May 6, 2020
Wal-Mart Supply Chain. free essay sample
Docking system. ÃâDistribution centers were serviced by own Wal-Marts trucks. their hours of service every day. ÃâHiring only experienced drivers for trucks. Distribution system Barcode Technology. Establish long -term relationships Hand-Held computer system. Procured goods directly from manufacturers. Drivers had to report 2. -The use of innovative information technology tools had benefited Wal-Marts supply management. In the light of the above statement, briefly explain how IT benefited Wal-Marts logistics and inventory management. About logistics benefits: Various technologies made supply chain more convenient regardless the area. They Made distribution process more efficient in terms of money and time (cross docking). With this they finished goods directly supplied to customers from manufacturing plant which meant happy customers and reduced storage of finished goods. About inventory benefits: Used his own satellite communication system, autonomous. Wal-Mart also automated Reordering System which allows them to collaborate with other companies and to control the huge supply chain. We will write a custom essay sample on Wal-Mart Supply Chain. or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Nevertheless, they used new technology like algorithm system to forecast exact quantities and bar Coding and fixed optical eader, these technologies made an efficient picking, receiving and also they did proper inventory control picking and were a major advance for physical counting of inventory. 3. -What were the supply chain management process adopted by Wal-Mart and how far were they effective? Discuss. Procurement and Distribution processes. Wal-Mart Procured directly from manufacturers, generally, preferred local and regional vendor and suppliers. These were effective because the lowed price to customers, helped supervisor to monitor their employees losely and helped to satisfy customer needs quickly. Logistic Management Used more than 3,500 trucks for transportation. Cares about Hiring only experienced drivers. And shifted from supply chain to demand chain. Both of them were effective processes because goods were picked directly from manufacturer and they reduced the handling and storage charges. Inventory Management : Used of IT and Communication system like satellite communication. Allowed Wal-Mart to Collaborate with PG. These were effective processes because they helped many areas to communicate with tores, reduce unproductive inventory and helped in accurate distribution of goods. 4. What was the nature of benefits derived by Wal-mart from the efficient supply chain management practices and how far it has contributed to its sustainable competitive advantage? faster than its competitors * warehouse space Low transportation cost. Wal-Mart was able to fill the shelves four times Increased Accurate forecasting of inventory levels allowed elimination of old stocks and maintained quality of goods * Everything focous to have best sell-price
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