Wall Mart Case Study

Supply

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Final work

Supply chain management

Company: WALL MART

Teacher:

Members:

* Araceli Leon

* Xiomara Castillo

* Brenda Benzaquen

* Rosario Mamani

* Herberth Pinedo

* Mishell Huaman

2016

HISTORY

Wal-Mart is an American company that is engaged in retail, its founders were Sam and James L. Walton, starting with its first store in 1962, in the city of Rogers, Arkansas.

Wal-Mart Stores Inc, began its internationalization strategy in Mexico in 1991, Wal-Mart entered through a joint venture with Cifra group, forming the Figure-Walmart group. In early 2002 Wal-Mart Stores Inc. acquired full control of the group becoming Wal-Mart Mexico, WALMEX.

As Wal-Mart is growing in new markets, it has not been taken off of its organizational culture. When a customer comes to any Wal-Mart, in any of the nine countries where it operates, you can be sure to get low prices and enjoy a genuine customer service. Their culture is based on the customer feel at home in any department of any store anywhere.

The founders of Wal-Mart were told their employees to practice "aggressive hospitality" which meant being more attentive, helpful with customers, kind, etc. for the customer feel good. A very important aspect within Wal-Mart is that you want each store, depending on where it is located, reflects the values ​​and culture of the inhabitants of that place.

MISSION

Wal-Mart's mission is established being the best store retailer with a great assortment of high quality and low prices both in the US, which has the largest number of branches, as in any of the nine countries where it has operations.

Wal-Mart as a company is based on 3 basic premises created by Sam Walton in 1962, these are:

* Respect for the individual

Wal-Mart is a common group of dedicated, hardworking and have come together to accomplish extraordinary things. Are people of different races, cultures, etc., but firmly believe that each individual deserves to be treated with respect and dignity.

* Service to our customers

They want customers to believe in the pricing policy of Wal-Mart and always find the lowest prices with excellent service.

* Achieving excellence

New ideas and goals make Wal-Mart reaches further than ever before. It is finding new and innovative ways to break our barriers and constantly improve.

VIEW:

Convert to Wal-Mart in the best and largest retail company in the world, through time offer the best products and provide excellent service.

The supply chain Walmart began with the aim of offering its customers the goods they want, where and when was that they wanted. Under this premise, the company began to develop structures that allow offering low prices every day. The company focused on developing a strategy for managing the supply chain highly structured and enhance this competitive advantage, in order to assume the position of market leadership.

From its beginnings implement strategies that allows you to significantly reduce costs which translate into highly competitive consumer prices.

Considering the following points:

* strategic and efficient Association

Wal-Mart established strategic partnerships with most of its suppliers, offering the possibility of large volume purchases and long-term return for the lowest possible prices. In addition, it improved its supply chain by building communication networks with their suppliers to improvise material flow with low inventories.

Suppliers within the supply chain synchronize their demand projections under a scheme collaborative planning, forecasting and re-supply. In addition, all links in the chain are connected through technology tools, including a central database, POS systems at store level and a network of satellites.

the company has used tags radio frequency identification (RFID, for its acronym in English), numerical codes are analyzed from a distance to track the movement of goods along the supply chain. Since the inventory should be handled by both Wal-Mart and its suppliers, he has encouraged its suppliers to also use RFID technology.

Together, these techniques relations with suppliers that allow a company to offer high quality products in a timely manner, copies naturally lead to achieving customer satisfaction.

The best part of maintaining a good relationship with suppliers is to save on production costs and increase return on investment.

* Cross Docking, inventory tracking

In logistics, Cross-docking corresponds to a type of order preparation (one of the functions of the logistics warehouse) without placing merchandise in stock (inventory) or picking operation (collection). It allows transit materials with different destinations or consolidate goods from different backgrounds.

Cross-docking is a practice of key logistics Walmart's strategy to replenish inventory efficiently. It refers to the direct transfer of goods from a truck input to another output, without using extra storage.

The suppliers deliver their products in Walmart distribution centers, where they are transferred to another truck, which will be responsible for delivering them to stores. Cross-docking maintains reduced inventory and transportation costs also reduces transport times and eliminating inefficiencies.

The use of this practice avoids keeping inventory stand for long periods of time; because the products are shipped by suppliers to warehouses and then automatically are re-shipped to stores. This process, usually done in 24 hours or less.

* Technology

Its latest generation technology and network design, allow you to accurately predict demand, control and predict inventory levels, transport routes