Supply Chain Analysis: Walmart's Challenges and Strategies

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Added on  2022/12/30

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This presentation provides a comprehensive analysis of Walmart's supply chain management. It begins with a brief overview of Walmart's history and its position in the retail industry, highlighting its global presence, profitability, and customer base. The presentation then delves into the core issues within Walmart's supply chain, including challenges related to supplier relationships, inventory management, customer service, and demand forecasting. It also discusses operational gaps, such as product misplacement and issues with sourcing American-made products. Furthermore, the presentation outlines strategic solutions, such as improving supplier selection, strengthening customer relationships, and optimizing inventory levels. The presentation concludes by emphasizing the importance of addressing these challenges to maintain Walmart's market position and customer satisfaction. The presentation uses credible sources like Google Scholar, Walmart's annual reports and company website to support its analysis.
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Video Transcript of presentation on supply chain management of Walmart
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Video Transcript on Walmart Supply Chain Management
00:03 Walmart was founded in the year 1962 (Walmart, 2019)
00:06 Became largest most profitable retail company in the world
00:08 highly competitive in in the retail industry (Ladd, 2018)
00:11 Multinational Corporation that deals in hypermarkets, supermarkets, departmental stores
and grocery stores
00:16 currently headquartered in Bentonville, Arkansas.
00:19 has been generating profits from a very long time with over $514.4 billion in the year
2019.
00:24 has created plethora of employability opportunities by employing more than 2.2 million
toys around the globe.
00:30 More than 275 million loyal customers visiting both brick and mortar stores and online.
00:34 has applied sustainability strategies into supply chain and various CSR activities.
00:38 Provides value to customers indicating a growth perspective.
Takes a pause to next discuss on the supply chain issues of Walmart
00:50 Supply chain issues
00:52 Heinz, Unilever and Johnson & Johnson are few of the most trusted suppliers of Walmart.
00:57 the pressure on them to reduce their prices can disrupt the supply chain of Walmart.
1:04 Lack of inventory management and poor retail execution will lead to misplace of product.
1:09 Lack of products on the shelves of the supermarket
1:12 Sourcing of American made products was not successful
1:15 less spending on domestic merchandising
1:17 the issue lies within the company while selecting and evaluating the suppliers.
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Take a pause of few seconds before discussing on the next topics.
1:25 Operation Issues
1:30 one of the biggest operation issues is customer service.
1:36 rating among the different departmental stores is not a good sign for Walmart.
1:43 uncertain demand forecasts is a sign of operation issues in Walmart
1:51 inventory management is not productive since there is no inventory in the stores in
comparison to the sales of Walmart.
2:05 Walmart will lose its market standing to companies like Amazon if the demands are not
met.
2:15 by demands not meeting we mean that during higher demand of seasonal items there are not
many products in the shelves of Walmart.
2:25 these operational gaps can be managed managing the demand forecast and inventory
management.
2:32 Inventory is directly connected with sales. If the inventory will be available, customers will
buy the product. And when there are not available, sales will reduce.
Takes a sip of water from the glass kept on the table.
3:02 Challenges in relation to assessment in task 4.
3:06 the most common challenge is to identify credible sources that direct towards the issues in
supply chain of Walmart.
3:12 Identification of current challenges with Wal-Mart's supply chain management.
3:20 Issues help us to understand the current position of the company, where it is lagging behind
and what more could be done to minimize the gap.
3:30 it is also critical to know about the internal operations of Walmart.
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3:36 this will give a clear picture of how will the internal operations of Walmart is and what
strategies could be applied to gain better profits.
3:50 we will now discuss about the plans and strategies
3:55 credible sources like Google Scholar, annual reports of Walmart, and the company website
will be helpful to identify the prevailing issues faced by Walmart.
4:00 Strategies will relate to identifying the key issues while supplier selection and evaluation
process.
4:10 identifying the key issues faced by customers and try creating meaningful relation with
them
4:20 forecasting of high demand during particular seasons of the year
4:25 over stocking of products should only be done when there is high demand.
4:35 Asks if the audience has any questions regarding the presentation.
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Reference List
Ladd, B., Playing To Its Strengths: Why Walmart Must Focus On Its Stores and Logistics.
Forbes. https://www.forbes.com/sites/brittainladd/2018/09/09/playing-to-its-strengths-
why-walmart-must-focus-on-groceries-stores-and-logistics/#4a41a2b31e06 (accessed 04
May 2019 )
Walmart, ‘About Us’. Walmart Inc, https://corporate.walmart.com/our-story (accessed 04 May
2019).
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