Video Transcript on Walmart Supply Chain Management

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Video Transcript of presentation on supply chain management of Walmart

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Video Transcript on Walmart Supply Chain Management
00:03 Walmart was founded in the year 1962 (Walmart, 2019)
00:06 Became largest most profitable retail company in the world
00:08 highly competitive in in the retail industry (Ladd, 2018)
00:11 Multinational Corporation that deals in hypermarkets, supermarkets, departmental stores
and grocery stores
00:16 currently headquartered in Bentonville, Arkansas.
00:19 has been generating profits from a very long time with over $514.4 billion in the year
2019.
00:24 has created plethora of employability opportunities by employing more than 2.2 million
toys around the globe.
00:30 More than 275 million loyal customers visiting both brick and mortar stores and online.
00:34 has applied sustainability strategies into supply chain and various CSR activities.
00:38 Provides value to customers indicating a growth perspective.
Takes a pause to next discuss on the supply chain issues of Walmart
00:50 Supply chain issues
00:52 Heinz, Unilever and Johnson & Johnson are few of the most trusted suppliers of Walmart.
00:57 the pressure on them to reduce their prices can disrupt the supply chain of Walmart.
1:04 Lack of inventory management and poor retail execution will lead to misplace of product.
1:09 Lack of products on the shelves of the supermarket
1:12 Sourcing of American made products was not successful
1:15 less spending on domestic merchandising
1:17 the issue lies within the company while selecting and evaluating the suppliers.