Procurement and Supply Chain Management

Running head: PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
Name of student
Name of university
Author’s note:

1
PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
Table of Contents
Vision, mission and strategic goals of the company......................................................3
Findings of supply analysis............................................................................................3
Findings of operations analysis......................................................................................4
Findings of information analysis....................................................................................5
Findings of integration analysis.....................................................................................6
Findings of sustainability analysis.................................................................................7
Procurement and supply chain analysis of Walmart......................................................7
Improvement programs..................................................................................................9
Importance of improvement programs.........................................................................10
Conclusion....................................................................................................................10
References....................................................................................................................12

2
PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
Executive summary
This report intends to discuss the aspects of the procurement and supply chain management
process of Walmart Company. Brief discussion of the vision, mission, as well as the strategic
goals of the company has been discussed in this report. The findings of supply analysis has
been briefly discussed in this report. The findings of operations analysis has been briefly
discussed in this report along with information analysis of the company. The integration
analysis has been briefly stated in this report and the findings of the sustainability analysis
has been briefly discussed in this report. The chosen company for this assignment is Walmart
Company. This company is presently considered as major retailer who are presently
executing the operations from almost 15 countries and the supply chain management of this
company has been reflected as the major strongpoint of the company because of the
optimised delivery schemes and methods, this company has been able to deliver customers
with the optimised goods and services.

3
PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
Vision, mission and strategic goals of the company
The mission statement of company is providing the opportunity of saving significant
money to the people and help them live better. This statement allows the company to
maintain the proper direction in the growth and development. The vision of company is
becoming the sole end for customer to protect significant money, regardless the methods of
shopping. This particular vision of the company is the modified version of the previous
statement that stated “to be the best retailer in hearts and the minds of the customers as well
as the employees. The strategic goal of the company is to offer the most enhanced products to
the customers of the company and thrive in the business environment.
Findings of supply analysis
The crucial product classifications that are vital to be managed by procurement
department are grocery section, the furniture and home appliances, product category of
sports, and electronics (Biggs et al. 2017). The procurement department has been tasked with
the proper management of health products like medicines and pharmacy. The Walmart stores
makes significant money, making major relationship with the global retail giant the cost-
effective and the distinct experience for the suppliers. The company prevails to increase their
operations and the company is intending to introduce to the new markets with the enhanced
process and then provide the customers of the new markets with the improved products. The
crucial suppliers of this company are Funai Electric Co., Green Dot Corporation, CCA
industries, Plug power, and Primo Water Corporation. The considered product of canned
foods are majorly supplied by the Green Dot Corporation (Gaur, Goel and Jain 2015). These
particular company provides the company with the most developed products and the
enhanced processes that allows the company to offer the customers with improved products.
The importance of the sourcing could be comprehended as it provides the companies with the