MGCR 472 Lecture 5: MGCR472, lecture 5 note
Document Summary
The growth of walmart is attributed to its continued focus on customer needs and reducing cost through efficient supply chain management. Large discount department store that also sells groceries: a smaller format of hyper market, hypermarkets. Sells in bulk: arranged like a warehouse. Walmart operates an efficient supply chain: efficient supply chain: low demand uncertainty, stable supply process. The demand of products at walmart is stable so they can operate an efficient supply chain. They try to reduce total cost of supply chain and reduce price. Walmart stores are under centralized management and are integral parts of its marketing strategy and operations/supply chain strategy. Sales per square first were the key performance measure. The everyday low-price policy helped reduce labor requirement and permit steadier operations. Walmart achieved better in-store execution in receiving, processing, and shelving products than its. )nsist on the way to treat its (cid:498)associates(cid:499) by offering them incentives and profit sharing competitors.
