University Project: INFA 610 Risk Assessment Report for Walmart

This project proposal presents a risk assessment for Walmart, a multinational retail corporation. The report identifies key risks facing the organization, including financial risks like product unavailability stemming from supply chain disruptions, security risks such as data piracy, and commercial risks related to misinterpreting customer needs. The analysis delves into the causes and consequences of each risk, assessing their impact and likelihood. The proposal suggests mitigation strategies, such as developing stronger supplier relationships, implementing advanced security software, and leveraging big data analytics to better understand market trends. The report includes an annotated bibliography of relevant research articles and outlines the scope of the risk profile, focusing on how Walmart's operations align with risk mitigation efforts.

Running head: PROJECT PROPOSAL
PROJECT PROPOSAL
Name of the student
Name of the university
Author note

1PROJECT PROPOSAL
Introduction to the organization
Walmart is an American multinational retail organization that operates through a chain of
discount departmental stores, hypermarkets and grocery stores. The organization was established
in the year 1969 and is headquartered in in Bentonville, Arkansas. The diverse range of quality
propositions allowed the organization in improving the sales volume of the same while adhering
to the common goals of the venture. However, there are significant amount of risks that are being
encountered by the organization which might affect the productivity and profitability of the
business. The research will take the initiative of identifying the different risks that might be
encountered by the organization and the manner in which the same might be mitigated.
Scope for the risk profile
The research will identify the different risks and challenges that are being faced by the
organizations and the manner in which the business operations are in-line with the mitigation
related concerns. The research will focus into identifying the different concerns that are being
encountered by the organization while operating in adherence with the common goals of the
venture.
Annotated bibliography
London, T., & Fay, C. (2017). Walmart and Small Producers from the Developing World:
Linking Demand with Supply.
The research aimed at identifying the different challenges that are being faced by the
organization, Walmart while linking the demand with the supply attributes. The research
delineated the different challenges that are being faced by the concerned organization while

2PROJECT PROPOSAL
establishing effective relationship with the small scale producers while operating as [er the
common needs of the venture.
Colla, E. (2018). Risks, Strategic Options and Prospects for Commercial Distribution Faced
with the Challenges of Sustainable Development. Food Retailing and Sustainable
Development: European Perspectives, 155.
The research developed an insight on the risks, strategic options and prospects that are
being encountered by the food retailing organizations. The change in the technologies and
buying preferences of the customers are being reflected as a part of the analysis with the purpose
of developing insights on the different business operations as per the goals of the business.
Ciravegna, L., & Brenes, E. R. (2016). Learning to become a high reliability organization in
the food retail business. Journal of Business Research, 69(10), 4499-4506.
The research developed different strategies with the purpose of identifying the resilience
and creating higher reliability in the food retail businesses. The different procedures that are
being developed in the research would encourage the assessment of the different business
propositions in accordance with the common goals of the venture while operating in the different
markets.
Mani, V., Delgado, C., Hazen, B. T., & Patel, P. (2017). Mitigating supply chain risk via
sustainability using big data analytics: evidence from the manufacturing supply
chain. Sustainability, 9(4), 608.
The research critically reviewed the different supply chain risks that are being
encountered by the organizations and the manner in which the same might be resolved. The key

3PROJECT PROPOSAL
aspects of change in the organizational operations are reliant the effective functioning of the
different apparatus in accordance with the common goals of the venture.
Risks faced by the organization
Risk
Ref.
No.
Risk
Cat
egor
y
Risk
Description
Risk
Cause Risk Consequences Impa
ct
Likelih
ood
Rati
ng
1 Fina
nce
Product
unavailability
Break in
the supply
chains
Lower sales and
customers switching to
the competing
organizations
3-
Mode
rate
3-
Possible
Medi
um
2 Secu
rity
Data Piracy Lack of
security
software
Brand image might be
compromised
2-
Mino
r
5-
Almost
Certain
High
3
Com
mer
cial
Misinterpreta
tion of
customer
needs
Lack of
skilled
personnel
Brand image might be
compromised
5-
Catas
troph
ic
4-
Likely
Extr
eme
Suggested recommendations
Risk
Ref.
No.
Treatm
ent
Strateg
y
Treatment Description Treatment
Resources
Risk
Owner
Deadli
ne
1 Mitigate Developing effective relation with
the suppliers Inventory receipts
Inventor
y
manager
4
weeks
2 Mitigate Creating a software to prevent data
theft Software creation
IT
Personne
l
2 week
3 Mitigate Making use of Big Data Market analysis
reports
Market
analyst
10
weeks

4PROJECT PROPOSAL
References
Ciravegna, L., & Brenes, E. R. (2016). Learning to become a high reliability organization in the
food retail business. Journal of Business Research, 69(10), 4499-4506.
Colla, E. (2018). Risks, Strategic Options and Prospects for Commercial Distribution Faced with
the Challenges of Sustainable Development. Food Retailing and Sustainable
Development: European Perspectives, 155.
London, T., & Fay, C. (2017). Walmart and Small Producers from the Developing World:
Linking Demand with Supply.
Mani, V., Delgado, C., Hazen, B. T., & Patel, P. (2017). Mitigating supply chain risk via
sustainability using big data analytics: evidence from the manufacturing supply
chain. Sustainability, 9(4), 608.