Supply Chain Wal Mart

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Pages: 18

Category: Business and Industry

Date Submitted: 11/20/2014 05:28 PM

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Supply Chain: Walmart

Abstract

Walmart is an internationally known company. They offer a wide variety of products ranging from food to electronics to housewares. Walmart spans across 27 countries and has over 11,000 stores. Sam Walton, the founder of Walmart envisioned his company to serve all customers at a reasonable price. Walmart’s motto of ‘save money, live better’ is how Walmart has been able to sustain. The company is sustainably aware and gives back to their community. One area that Walmart has been in the forefront of their industry is with their supply chain. Walmart’s supply chain is unlike any other business and is leading the charges with its use of technology. Having an efficient supply chain helps a company to maintain and expand their efforts.

Keywords: Walmart, supply chain, Triple-A, RFID, sustainability, distribution centers, satellite system, inventory, suppliers, vendors.

Walmart is a well-known and dominant company throughout the United States and other countries. They offer a variety of products at reasonable prices. Walmart’s motto is ‘save money, live better’ and that is what they are living up to. They have been focusing their energy toward providing everyday low costs for their customers. Walmart does this through a variety of ways. They are a sustainable company which extends through their supply chain. Walmart’s supply chain is efficient and a trend setter. Many companies are developing their supply chains to mirror Walmart’s design. Walmart’s supply chain has many components that allow the company to meet the demands of their consumers in a timely fashion.

Sam Walton, the founder of Walmart, opened the first Walmart on July 2, 1962 in Rogers, Arkansas. Walton’s motto was to have a store that had the lowest prices anytime, anywhere. By 1967, the Walton family owned 24 stores and had $12.7 million in sales in and decided in 1969 to officially incorporate as Walmart Inc. During the 1970’s, Walton opened the...