Wal-Mart’s Supply Chain Analysis

Running head: WAL-MART’S SUPPLY CHAIN ANALYSIS 1
Wal-Mart’s Supply Chain Analysis
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WAL-MART’S SUPPLY CHAIN ANALYSIS 2
Contents
Executive summary.....................................................................................................................................3
Introduction.................................................................................................................................................3
Wal-Mart Mission, Vision and Strategic Goals...........................................................................................4
Mission....................................................................................................................................................4
Vision.......................................................................................................................................................4
Strategic Goals.........................................................................................................................................4
Supply Analysis...........................................................................................................................................5
Operational Analysis...................................................................................................................................5
Information Analysis...................................................................................................................................6
The design of goods and services............................................................................................................6
Quality Management of the Organization...............................................................................................7
Integration Analysis....................................................................................................................................7
Technological influence on supply chain.................................................................................................7
The Universal Bar Code......................................................................................................................8
Use of Radio Frequency Technology...................................................................................................8
Magic Wand Technology....................................................................................................................8
Sustainability Analysis................................................................................................................................8
Inventory Management in Wal-Mart.......................................................................................................8
Discussion of Company’s Procurement and Supply Chain Analysis...........................................................9
The Supply Chain Strategy.......................................................................................................................9
The Effect of Globalization on Wal-Mart...............................................................................................10
Improvement Programs and how they help in Achieving Vision, Mission, and Strategic Goals...............11
Expansion into the Asian market...........................................................................................................11
Emphasizing the diversity programs......................................................................................................11
Continuous training and development..................................................................................................11
Strengthen bonds..................................................................................................................................11
Conclusion.................................................................................................................................................12
References.................................................................................................................................................13

WAL-MART’S SUPPLY CHAIN ANALYSIS 3
Executive summary
Wal-Mart is one of the leading retailer all over the world. Their successful supply chain
management coupled up with proper management has been among the major factors that have
contributed to this success. This paper seeks to analyze the supply chain strategies and inventory
management systems that have been adopted by the organization in a bid to achieve continued
success. Ideally, it will seek to acknowledge the impacts of its inventory management trends
regarding the competition. Moreover, the paper will lay down the effect of globalization on the
supply chain and success of the company in general. This report aims to identify the strategies
that have been adopted by Wal-Mart in a bid to achieve global recognition. In addition to that,
there will be an explanation of how the technological advancement has led to improvement of
the supply chain management in the company. The paper also gives recommendations that
should be embraced by the organization so that there can be continued success in all its
operations.
Introduction
Wal-Mart is a retail corporation that operates multinational. It is considered to be among
the fastest growing companies regarding supply and retail management. There is a huge
prevalence of the organization all over America and Latin America. It is therefore considered to
be the leader in the retail business all over America and beyond. For Wal-Mart to be able to meet
all their global demands, it is essential that it brings into force an effective supply chain
management that will help it oversee all their activities easily. Supply chain management is
considered to be a very complex process that involves the utilization of great management skills
so that the wrong decision is not made that would affect the productivity of a firm. A corporation
needs to have an effective communication channel and cooperation with their suppliers so that it

WAL-MART’S SUPPLY CHAIN ANALYSIS 4
can have a competitive advantage. Through this, the products of an organization can easily reach
out to their preferable markets, thus enhancing consumer loyalty. The consumer spending habits
of customers determine how the retail industry will perform in the long run. Therefore, an
organization has to make the right choice of supplier and procurement methods so that it will
meet the needs of their clients as they are required.
Wal-Mart Mission, Vision and Strategic Goals
Mission
Wal-Mart’s mission is “To save people money so they can live better” The mission has
been met by the introduction of friendly prices to their products (Ferguson, 2019). For instance,
the marketing mix allows the company to adjust its costs accordingly so that more customers can
be attracted. Ideally, this is a way of gaining a competitive advantage over other retailers.
Vision
The vision statement of Wal-Mart is “Be the Destination for customers to save money, no
matter what they want to shop” This vision was articulated in the year 2017 during the investor
community meeting hence disregarding the previous vision that was “To be the best retailer in
the hearts and minds of consumers and employees” (Ferguson, 2019). According to the vision
statement, there is clarity that the organization invests heavily in achieving customer satisfaction
even with the changing economic regimes.
Strategic Goals
The company has three strategic initiatives. These are:
1. Save Money, Live Better
2. Win, Play, Show
3. Fast, Friendly, Clean