3. INTRODUCTION
WALMART
• Walmart is an American multi-national retail Corporation established in
1962 by Sam Walton that runs chain of large no of retail shops as well as
warehouse stores.
• It has around 11,000 retail shops across 24 countries and perhaps the
biggest employment giving Company.
• It has crossed the revenue of 57,280 Cr USD in the fiscal year 2022 and its
present CEO is Dough McMillon.
Supply Chain Management(SCM)
• Supply Chain:- A supply chain is the network of all individuals,
organizations, resources, activities and technology involved in creation and
sale of a Product.
• SCM:- It includes management of three basic activities involved in supply
chain.
1. Flow of goods
2. Data management
3. Finances related to product or services.
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4. WALMART & SUPPLY CHAIN
Reason behind Walmart Success
• Effective Supply Chain practices
• Cost cutting efficiency.
• Big Investment in IT and communication
• Implementing every day low price strategy
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5. SUPPLY CHAIN & IT
Supply Chain and Technology are the two sides of a coin now a
days.
• The ERP based software enabled the big firms to take control of their data of
product and finances in order to enhance their supply chain practices.
• Vendors or supplier and distributor come together at the same platform to keep the
records of their inventory stocks according to the sale and the demand forecast.
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6. SUPPLY CHAIN & IT
Walmart’s Investment in Technology.
• Own Communication System.
• P.O.S(Point of Sales) system:- Hand held computer system linked to in-store
terminals through radio frequency to keep track and manage the inventory in
store.
• V-O-F(Voice based Order Filling) system:- 1. For quick replenishment
2. Movement of goods within
stores
• RLS(Retail Link System) in 1991:- Used by retailer to monitor sales and later
on emerged as SCM system.
• RFID(Radio frequency Identification):- An alternative of barcode and scanner.
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