Analyzing Supply Chain Management at Wal-Mart: A Case Study

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Added on  2022/08/13

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Case Study
AI Summary
This case study delves into Wal-Mart's supply chain management, focusing on the role of RFID, Kanban, and Wi-Fi RTLS technologies. The analysis examines the competitive advantages these systems offer, including efficient inventory control, product shrinkage minimization, and cost reduction. The assignment explores various monitoring systems, such as barcodes, and compares their advantages and drawbacks. It also evaluates the Wi-Fi RTLS recommendation for tracking and monitoring sensitive inventory, asset tracking, and material management within the store, with the goal of improving overall supply chain efficiency and responsiveness. The case study also provides a recommendation on how to track and monitor inventory deliveries from various suppliers.
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Supply Chain Management Systems
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RADIO FREQUENCY
IDENTIFICATION AND SUPPLY
CHAIN MANAGEMENT
Competitive advantage through RFID
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Key Issues
Efficient inventory control
Product shrinkage minimization
Cost reduction
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Alternative monitoring system
Barcodes
Kanban
Wi-Fi RTLS
Do nothing
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Barcodes
Make integration of business processes efficient and simpler
Help in tracking inventory and minimizes errors by ensuring real time
monitoring of inventory
They uniquely help in identification of various products accepted in
the store
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Advantages of Barcodes
Eliminate chances of human error, it is relatively fast, efficient and
reliable
Inexpensive to design and produce. Barcodes can be generated and
customized economically in different ways and materials
They are very versatile. They can be sued in collection of all
necessary supply chain data. They can be used in tracking and
monitoring shipments and the delivery tracks of Walmart (Ivanov,
Dolgui, & Sokolov, 2019)
Provision of better data. A single barcode can be used to store all the
information relating to a given inventory. furthermore, through
customization, they can be used to store other relevant information
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Barcode drawbacks
Barcoding is susceptible to damages from environmental conditions
Information security not enhanced as is the case with RFID
Scanning of the barcodes require special equipment
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Kanban
Used in inventory monitoring where assign is placed at the end of an
item to trigger necessary action.
It is not particularly a monitoring system but is highly effective in
inventory reordering from suppliers (Mouaky, Berrado, & Benabbou,
2019).
Does not track inventory items while inside the warehouse
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Advantage of Kanban
Minimize the costs of logistics and inventory wait time
Help the retailer reduce the cost of its supply chain activities
Reduces overhead costs and manages stock levels
Walmart will be able to save resources as it streamlines supply chain
management operations
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Drawbacks of Kanban
Quality miscues. Affects the quality level of inventory involved in the
supply chain management which normally comes close to zero
Less useful with shared supply chain management resources
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Wi-Fi RTLS
Monitoring technology that ensures real time inventory visibility
when utilized together with cloud based software
it points out the exact location of the inventory to a little range of
meters
It can be connected to the Wi-Fi, Bluetooth beacons nad GPS
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Advantages of Wi-Fi RTLS
Store management. Walmart North America will be able to
intelligently monitor and track all the equipment and materials in the
stores.
Proper inventory and equipment management. helps in ensuring
increased inventory visibility which is essential in boosting credibility
in the supply chain process (Swart 2019)
Real time, monitoring, tracking and data reporting. Helps in gathering
accurate data critical in supply chain management optimization
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