Wal-Mart: An American Original - Agenda 1. A Retrospective on its Growth 2. Innovative Business Model How Did Sam Walton Get These Ideas? 3. Wal-Mart Today: The Challenges Retreat from Germany in 2006 Sluggish Growth in the US Market Clamour at Home: The Price of Becoming Big 4. Wal-Mart’s Response Dr. Lakshmi Mohan Global Ambitions Re-thinking “One-Size-Fits-All” Approach Flexible Workforce 1 How Wal-Mart Got There - A Retrospective on Its Growth The Numbers: How “Big” is
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day‚ because all necessary facilities are provided for them. In large cities and even in small towns there are all kinds of shops and stores as well as supermarkets. Supermarkets are big self-service food shops (and not only food nowadays) where one can buy a lot of goods cheaper than at local grocer’s. When people go to supermarkets or other large food stores they are often looking for bargains. By the way these shops are brightly lit and usually well laid out; pleasant music is always playing
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environment are: 1. Technological 2. Economical 3. Demographic 4. Legal & Political 5. Socio- Cultural CYCLICAL THEORY: Where change follows a pattern and phases can have definite identifiable attributes associated with them. THE WHEEL OF RETAILING: Mature RetailerTop heavy Vulnerability Phase Conservative Declining ROI Innovative RetailerEntry Phase Low status and Price Minimum service Poor facilities Limited product offering Traditional RetailerElaborate facilities Higher rent More locations
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. Wal-Mart has been able to achieve respectable leadership in the retail industry because of its focus on supply chain management. Discuss in detail the distribution and logistics system adopted by Wal-Mart. 2. The use of innovative information technology tools had benefited Wal-Mart’s supply chain management. In the light of the above statement‚ briefly explain how IT benefited Wal-Mart’s logistics and inventory management. 3. What were the supply chain management processes adopted
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Trip to the Store: Profile Essay I am at one of the biggest super markets in Modesto‚ WinCo Foods. This store is one of the cleanest‚ organized‚ and best customer services I see ever since it first opened up several years ago. I go to the store twice every week. Every time I go inside‚ I am greeted by one of the employees standing by the sliding glass door. He smiles and says “Welcome to Winco‚ how is your day?” he sounds as if he’s a real good friend of mine who I known for years. Anyway‚ I go
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Wal-Mart is a company based in North America but has become the largest retailer and is larger than any other retail chain in the world. It is clear that Wal-Mart is growing and gaining international power at an alarming rate. Wal-Mart journey from humble beginnings in the 1960s as a folksy discount retailer in the boondocks of Arkansas to a global retailing juggernaut in 2008 was unprecedented among the company of the world: Sales were expected to exceed $400 billion in fiscal 2009. Wal-Mart provides
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1. In America in the 1940s Sam Walton opened his first retail store‚ over the next 50 years Walton would go on to create one of the most successful companies in history. At the time Americans were benefiting from a post war boom with an “era of rising living standards and growing consumption” Adams (2006:214). In order to analyse the attractiveness of discount retailing Porters competitive forces framework can be used. Porter (1980:3) states that “competition in an industry depends on five basic
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Procurement and Contract Management– BMGT43670 Wal-Mart Case Study Question 3: What were the supply chain management process adopted by Wal-Mart and how far were they effective Question4: The nature benefits derived by Wal-Mart from the efficient supply chain management practices and how far it has contributed to its sustainable competitive advantage Question 5: Discuss the updated benefits of Wal-Mart’s procurement and supply chain management systems between 2004 and 2012 inclusive
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SST 2383 Discussion Question 1. The large store variety and layouts of merchandise would likely appeal to consumers in India for a few reasons. One reason would be that these large retailers could create more efficiency in that they would allow a customer to purchase a wide assortment of goods in one stop. Another reason is that they could sell brand-name products at more affordable prices. It may be wise to also take into consideration that more than half of India’s population consists of people
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WAL-MART VS K-MART: A COMPARISON OF TWO BUSINESS STRATEGIES By Jason Ramirez Management & Strategy Wal-Mart and K-Mart are two of the largest and most successful retail outlets in the country. Both retailers have been around for fifty years and made their success out of low cost retailing. In 1990 Wal-Mart surpassed K-Mart as the largest retail outlet in the country. In this paper I will discuss the strategies being used by both firms‚ the success/failures of these strategies and
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