operations analysis
Operations Analysis
Introduction
Operations analysis is a designed business strategy used by organizations to determine whether the overall operational structure adheres to the proposed business plan adopted and utilized by the organization (Tatum and Bronwyn). The supply chain operations form a vital area in any business because it involved the supply and delivery of goods and services offered by a given company. There has been a rapid evolvement in the discipline of supply chain management creating many challenges to the current and future managers who have to move at the same rate the new analytical techniques are moving. In most cases, most supply chain managers struggle with these challenges and sometimes call for help from senior management of an organization to give them solutions to different scenarios subsidizing business operations and acquire additional skills on how to deal with problems in future (Ross 11).
This paper discusses the supply chain operations at Wal-Mart, providing a detailed analysis of problems the organization faces as it works to improve its supply chain management department. In addition to analysis of problems, a representation of the discovered problems is made and recommendations given.
Background information about the company and the industry
Wal-Mart Stores Inc. was started by Sam Walton in 1962 as a simple store in Rogers. The company grew drastically and by the year 1967, it had 24 stores in Arkansas earning more than 12.6 million dollars in sales. The store continued to expand and opened other stores in towns outside Arkansas like Montana, Oklahoma, Claremore, and Sikeston in 1968. The company was officially branded Wal-Mart Stores Inc. in 1969 and opened the first distribution centre in 1970. The company continued to open other distribution centers across the United States and eventually expanded globally to its current position (Wal-Mart Stores, Inc). Presently, the company has over 90,000 suppliers out of which,
Introduction
Operations analysis is a designed business strategy used by organizations to determine whether the overall operational structure adheres to the proposed business plan adopted and utilized by the organization (Tatum and Bronwyn). The supply chain operations form a vital area in any business because it involved the supply and delivery of goods and services offered by a given company. There has been a rapid evolvement in the discipline of supply chain management creating many challenges to the current and future managers who have to move at the same rate the new analytical techniques are moving. In most cases, most supply chain managers struggle with these challenges and sometimes call for help from senior management of an organization to give them solutions to different scenarios subsidizing business operations and acquire additional skills on how to deal with problems in future (Ross 11).
This paper discusses the supply chain operations at Wal-Mart, providing a detailed analysis of problems the organization faces as it works to improve its supply chain management department. In addition to analysis of problems, a representation of the discovered problems is made and recommendations given.
Background information about the company and the industry
Wal-Mart Stores Inc. was started by Sam Walton in 1962 as a simple store in Rogers. The company grew drastically and by the year 1967, it had 24 stores in Arkansas earning more than 12.6 million dollars in sales. The store continued to expand and opened other stores in towns outside Arkansas like Montana, Oklahoma, Claremore, and Sikeston in 1968. The company was officially branded Wal-Mart Stores Inc. in 1969 and opened the first distribution centre in 1970. The company continued to open other distribution centers across the United States and eventually expanded globally to its current position (Wal-Mart Stores, Inc). Presently, the company has over 90,000 suppliers out of which,