Wal-Mart Goes Global
Wal-Mart Goes Global Content:
1. Global strategies they use 2. Trade theories they may use 3. History of the company 4. How and why they operate globally 5. Investment environments 6. Some relevant countries they participate in foreign exchange rates. 7. Their strategies and structures in the global marketplace.
Wal-Mart Stores’ Global strategies:
Wal-Mart’s Global strategies related events that position the company to leverage its global scale to reduce costs of goods, accelerate speed to market, and improve the quality of products.
Wal-Mart 's global sourcing strategy involves the creation of Global Merchandising Centers, a change in leadership and structure, and a strategic alliance with Li & Fung, a global sourcing organization. Important elements in the company 's strategy to deliver even greater value to its customers and shareholders. Walmart consolidate a global sourcing structure centered around new Global Merchandising Centers (GMCs) at its annual meeting for the investment community in October. This new structure is expected to leverage the company 's global scale in both general merchandise categories and global food sourcing.
The core of the company 's overall global sourcing strategy will be to continue increasing direct sourcing for the company 's private brands. Today, private brand merchandise represents more than $100 billion in purchasing annually. Wal-Mart’s new strategy and structure should drive significant savings across the supply chain.
Ed Kolodzieski, currently president and CEO of Walmart Japan Holdings G.K. and Seiyu, has been promoted to executive vice president and will lead Walmart 's Global Sourcing. Kolodzieski will report to Castro-Wright.
As part of this new strategy, Walmart also finalized a series of agreements with Li & Fung. The agreements are non-exclusive and do not include volume or shipment commitments. The strategic alliance between the two companies will allow Walmart to
1. Global strategies they use 2. Trade theories they may use 3. History of the company 4. How and why they operate globally 5. Investment environments 6. Some relevant countries they participate in foreign exchange rates. 7. Their strategies and structures in the global marketplace.
Wal-Mart Stores’ Global strategies:
Wal-Mart’s Global strategies related events that position the company to leverage its global scale to reduce costs of goods, accelerate speed to market, and improve the quality of products.
Wal-Mart 's global sourcing strategy involves the creation of Global Merchandising Centers, a change in leadership and structure, and a strategic alliance with Li & Fung, a global sourcing organization. Important elements in the company 's strategy to deliver even greater value to its customers and shareholders. Walmart consolidate a global sourcing structure centered around new Global Merchandising Centers (GMCs) at its annual meeting for the investment community in October. This new structure is expected to leverage the company 's global scale in both general merchandise categories and global food sourcing.
The core of the company 's overall global sourcing strategy will be to continue increasing direct sourcing for the company 's private brands. Today, private brand merchandise represents more than $100 billion in purchasing annually. Wal-Mart’s new strategy and structure should drive significant savings across the supply chain.
Ed Kolodzieski, currently president and CEO of Walmart Japan Holdings G.K. and Seiyu, has been promoted to executive vice president and will lead Walmart 's Global Sourcing. Kolodzieski will report to Castro-Wright.
As part of this new strategy, Walmart also finalized a series of agreements with Li & Fung. The agreements are non-exclusive and do not include volume or shipment commitments. The strategic alliance between the two companies will allow Walmart to