Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Wal-Mart's Success Through Supply Chain Innovation
1.
2.
3. Wal-Mart, an American
multinational corporation that
runs a chain of warehouse stores.
Established in 1962, Arkansas-
USA
Sam Walton-founder & Mike
duke-current CEO
Wal-Mart is the world largest
retailor with more than 6500 stores
world wide
Successful due to its IT usage in
Supply Chain Management.
4. “People think we got big by putting big stores in
small towns. Really, we got big by replacing
inventory with information” ,Sam Walton.
Walmart could replenish stock at any of it’s 1525
stores in US within 24 hours.
EDLP, (every day low pricing)
High volume, grabbing increased market share.
5. RFID (Radio Frequency
IDentification
VMI ( Vendor Managed
Inventory)
CPFR (Collaborative
Planning, Forcasting and
Replenishment)
SKU’s (Stock Keeping
Units)
UPC (Universal Product
code) Barcodes
6. Wal-Mart introduced RFID in 2003
Radio-frequency identification, or RFID,
transfers data stored on tags on a product or
other object, facilitating identification and
tracking.
One use of RFID technology familiar to many
people is in vehicle transponders for toll
collections.
The company initially introduced RFID to track
pallets of merchandise traveling along its supply
chain, including at warehouses.
7. Wal-Mart’s supply chain initiative
called VMI — vendor managed
inventory — manufacturers became
responsible for managing their products
in Wal-Mart’s warehouses.
As a result, Wal-Mart could expect close
to 100 percent order fulfillment on
merchandise.
8. Wal-Mart implemented the first
companywide use of Universal
Product Code bar codes, in which
store level information was
immediately collected and
analyzed.
Through a global satellite system,
Retail Link is connected to
analysts who forecast supplier
demands to the supplier network,
which displays real-time sales
data from cash registers and to
Wal-Mart’s distribution centers.
9. CPFR an integrated
approach of collaborative
planning, Forecasting and
replenishment.
By sharing critical supply
chain information, such as
data on promotions,
inventory levels and daily
sales.
10.
11.
12. In conclusion, Wal-Mart is the number one
retailer in the United States and is at the top
of the Fortune 500 listing. Wal-Mart operates
in many countries world-wide and is moving
into new countries every year.
Wal-Mart is also expanding as a retailer. They
have expanded into many other sectors of the
marketplace, including groceries, gas stations,
electronics, and auto maintenance. Each year,
Wal-Mart finds new ways to grow and offer
more services to their customers.