Walmart
AIS St. Helens
Assignment
Business Strategy and Change Management
Topic: Wal-Mart’s Business Strategies
And Its Entry Into Indian Retail Market
Submitted To: Dr. John Tan
Submitted by: Gurpreet Singh Pannu Sahil Gaba
Executive summary
By using the Advanced IT system Walmart has shown a continuous achievement and with a system that allows all the managers to post their point of view for the betterment of the company. Walmart itself has discovered two largest retailers one in Mexico and other one in Canada in 2004 and 2008. Walmart expanding their business successfully all over the world. With the use of information system and by integrating themselves with the Japanese retail companies Walmart showed 94% of inventory accuracy in all countries where Walmart was doing its operations. Walmart is focusing on its strong point and their key customers by which Walmart can increase its sales more than $200 million in the next 3 years. Walmart built its vision that by keeping the prices low customers will buy more products in bulk which increase their sales and thus results in more profit. Walmart provide a huge variety of products and services to the all type of customers which is very useful to them. Their main focus is to provide high quality trustworthy products to large, medium and small families. Walmart is looking forward to achieve three main targets that are: * Charging less for offering and delivering products at home to the customers. * 20% - 30%. Increasing the profit margins * Sale of hardware products increasing around 30% in the 3rd year.
Walmart adopted a public affair strategy that helps Wal-Mart to move its operations to other foreign nations and that makes them huge profit. Currently Walmart is in competition with K-mart which is at number second after Walmart in the US retail market. Walmart have around 1636 retail stores, 1093 supermarkets on their names
Assignment
Business Strategy and Change Management
Topic: Wal-Mart’s Business Strategies
And Its Entry Into Indian Retail Market
Submitted To: Dr. John Tan
Submitted by: Gurpreet Singh Pannu Sahil Gaba
Executive summary
By using the Advanced IT system Walmart has shown a continuous achievement and with a system that allows all the managers to post their point of view for the betterment of the company. Walmart itself has discovered two largest retailers one in Mexico and other one in Canada in 2004 and 2008. Walmart expanding their business successfully all over the world. With the use of information system and by integrating themselves with the Japanese retail companies Walmart showed 94% of inventory accuracy in all countries where Walmart was doing its operations. Walmart is focusing on its strong point and their key customers by which Walmart can increase its sales more than $200 million in the next 3 years. Walmart built its vision that by keeping the prices low customers will buy more products in bulk which increase their sales and thus results in more profit. Walmart provide a huge variety of products and services to the all type of customers which is very useful to them. Their main focus is to provide high quality trustworthy products to large, medium and small families. Walmart is looking forward to achieve three main targets that are: * Charging less for offering and delivering products at home to the customers. * 20% - 30%. Increasing the profit margins * Sale of hardware products increasing around 30% in the 3rd year.
Walmart adopted a public affair strategy that helps Wal-Mart to move its operations to other foreign nations and that makes them huge profit. Currently Walmart is in competition with K-mart which is at number second after Walmart in the US retail market. Walmart have around 1636 retail stores, 1093 supermarkets on their names