WalMart's Supply Chain Management

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Wal-Mart's Supply Chain Management

• The US-based Wal-Mart, the largest retailer in
  the world, is believed to be the best supply
  chain operator of all times. Much of the
  efficiency achieved by the company in managing
  its supply chain is because of its proactive use
  of IT and Internet-enabled technologies.

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SUPPLY CHAIN MANAGEMENT

• SCM is the combination of art and science that
• goes into improving the way your computer
• finds the raw components It needs to make a
• product or services and deliver it to customers.
  

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FIVE COMPONENTS

• Plan
• Source
• Make
• Deliver
• Return

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Successful usage of SCM

• Using IT in Supply Chain Management
• Wal-Mart employed the most advanced IT tools
  and applications in all supply chain functions,
  starting from demand forecasting, procurement,
  logistics, distribution and inventory management.
  The company focused on bringing efficiency to
  every function of the supply chain so as to offer
  its customers products at the lowest possible
  prices.
• Using The Internet In Supply Chain
  Management

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• Supply chain management (SCM) is important for
  companies that deliver goods or services.
  Transitioning from a single company to the whole
  supply chain implies the need for reorganization
  and reengineering, strategic management or
  organizational theories have not yet been
  incorporated in supply chain management.
• A competitive business environment has made
  Wal-Mart focus on innovative processes and
  systems to overhaul its supply chains and make
  them more efficient. Increasingly, Wal-Mart is
  integrating its supply chains with major
  customers. Wal-Mart is an innovator in SCM, which
  has helped it to provide low-cost merchandise to
  its customers and undercut its competitors

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Work Cite

• http//www.scribd.com/doc/377478/Supply-Chain-Mana
  gement-Simplified?query2SCMERPDocument
• http//www.scribd.com/doc/294194/WalmartSupply-cha
  in?query2scmofwallmart
• http//www.icmrindia.org/casestudies/catalogue/Ope
  rations/OPER020.htm
• David Kroenke Using MIS