Logistics and Supply Chain Management Report | Walmarts

Added on -2020-02-19

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Running head: LOGISTICS AND SUPPLY CHAIN MANAGEMENTLogistics and Supply Chain ManagementName of the Student:Name of the University:Author Note:
1LOGISTICS AND SUPPLY CHAIN MANAGEMENTTable of ContentsIntroduction......................................................................................................................................2SECTION 1.....................................................................................................................................2Supply Chain of Walmart............................................................................................................2SECTION 2:....................................................................................................................................4Amazon’s Supply Chain..............................................................................................................4SECTION 3.....................................................................................................................................5Summary of the two Supply Chains............................................................................................5SECTION 4:....................................................................................................................................7Explanation of 3rd party and 4th party logistics............................................................................7SECTION 5:....................................................................................................................................8Impact of Traditional and Online Supply-chain..........................................................................8Conclusion.......................................................................................................................................9References......................................................................................................................................11
2LOGISTICS AND SUPPLY CHAIN MANAGEMENTIntroduction: The report discusses elaborately about Wamart’s Supply chain in the context of how theywork with the suppliers, address issues, level of information shares, centralized distribution andthe complexity in the technology. There is a section 2 in the report that deals with supply chainof Amazon that helps one to understand how they undertake operation in the online space, howthey differ from the bricks and mortar perspective, how they are different from an onlinepurchasing perspective. The report has a section 3 that deals with the summary of both thesupply chain. There is also discussion on the logistics of third and fourth party logistics and itsimpact on the online and traditional supply chain. SECTION 1:Supply Chain of WalmartWalmart is the most powerful and largest retailer that started with the aim of providingcustomers with goods irrespective of the time and place. Therefore, the company mainly focusedon the development of cost structures that ensured it to offer minimum pricing on a daily basis.Further, to accomplish this company also concentrated on the development of an advanced andhighly structured strategy for supply chain management. The incorporation of an effective supplychain not only helped the company in enhancing its competitive advantage but a position in themarket leadership (Barney, 2012). Walmart believes in sourcing strategically so that products are available at the bestpossible price from suppliers thus ensuring their demands remain fulfilled. The company also
3LOGISTICS AND SUPPLY CHAIN MANAGEMENTbuilds up strategic partnership with the vendors thereby assuring them the potential for highvolume and long-term purchases in return of minimum prices (Christopher, 2016). The companyalso streamlined the strategies for supply chain management for improving communication andrelationship networks with the suppliers for improving flow of material and lower inventorystock. The retailing giant Walmart also follows cross docking as an inventory tactic. Crossdocking is a practice of logistics that remains the core to Walmart’s strategy for efficientlyreplenishing its inventory (Zhang, 2012). This tactic enables the company in direct transferringof products from outbound or inbound truck without maintaining extra storage. In other words,the company ensures that loading and unloading of items done without any storage in between.The process of cross docking not only lowers inventory and transportation cost but also reducetransportation time thereby eliminating inefficiencies. Walmart , the world biggest retailer chain has been a leader in embracing technology andusing it in a manner that it is able to track the company’s inventory stock and thereby enabling inrestocking the shelves thereby resulting in cost cut(Gordon, 2014). Therefore, technology plays akey role in laying the foundation of company’s supply chain. The company boost of having thelargest infrastructure for information technology compared to any private holding company. Thenetwork design and state of the art technology that enables Walmart to predict and trackinventory levels, forecast demand with accuracy, ensure efficiency in transportation routes,servicing response logistics and management of effective customer relationships(Davenport,Dalle & Lucker, 2014).

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