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Benchmarking Organizations

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Consider an organization you're familiar with. If you were benchmarking the logistical functions of this organization, what methodology would you use? What methodology, if any, is currently in use? Comment upon its appropriateness. Please support your statements of fact with citations and references.

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The expert examines benchmarking the logistical functions of an organization. The methodology used is determined. Answered in 518 words. Three sources are cited.

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Walmart is the largest discount retailer in the world. Today, Walmart is known for its low prices. Customers can purchase its products in retail stores, online, and through mobile devices. A supply chain consists of four main parts: purchasing, operations, distribution, and integration. Walmart excels in all four areas. A strength in Walmart's Supply Chain Management (SCM) is in its high level of integration among all the parts of a supply chain. Walmart coordinates its logistics strategies with its supply chain partners to forge strong partnerships with suppliers and customers. This improves customer service and reduces channel costs. For example, Walmart's home base in Bentonville, Arkansas, has a pet food unit reserved for Nestle's Purina team to work at. The Purina Walmart team members work jointly with the Walmart team to investigate ways of cutting ...

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  • MSc, California State Polytechnic University, Pomona
  • MBA, University of California, Riverside
  • BSc, California State Polytechnic University, Pomona
  • BSc, California State Polytechnic University, Pomona
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  • "Hello, thank you for your answer for my probability question. However, I think you interpreted the second and third question differently than was meant, as the assumption still stands that a person still independently ranks the n options first. The probability I am after is the probability that this independently determined ranking then is equal to one of the p fixed rankings. Similarly for the third question, where the x people choose their ranking independently, and then I want the probability that for x people this is equal to one particular ranking. I was wondering if you could help me with this. "
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