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Managing the Supply Chain for Wal-Mart

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PORTFOLIO PROJECT

For this portfolio assignment, you will need to research a company of your choosing that produces and sells products of some sort. This can be either a company you work for or a corporation where you are able to interview an employee in supply management or conduct research and gain specific supply chain information. You will address each of the following topics as they relate to your company. The portfolio should be in the form of an APA formatted essay.

Make sure to use research to back up your statements within the paper. You will need to address each of the following as they relate to your company. Each question is worth equal value.

a. History and background of the organization, also including the types of products and product lines manufactured and industry in which the organization operates.
b. An overview of the organization's supply chain management efforts, including the organizational issues involved with the supply chain such as the organizational structure, the placement of supply chain management within that structure, and supply management's relationship with other departments in the organization.
c. An overview of the new product development process within the organization, including the supply management's role in that development, the process involved in how the current products are reviewed for either further production or removal from production, and how the organization manages for quality in products.
d. An analysis of how the organization purchases capital equipment and services needed. This should include how the company makes the choice as to when to purchase the equipment and services as well as the process involved in the actual procurement.
e. An analysis of how and when the organization determines whether to outsource or make a product in house, how and where the organization finds its suppliers, and whether or not the organization looks at the international arena for purchasing.
f. Explain how the organization deals with contract issues, including legal issues, resolving contract disputes, and international contracts.
g. Analyze the production and inventory control measures within the organization, including scheduling, demand systems, inventory functions and analysis.
h. Analyze the relationship between supply, demand, and logistics in terms of the organization.
i. Draw your own conclusions regarding the quality level of the organization's overall supply chain management functions and include what you see as the strengths and weaknesses in the system.

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Solution Summary

The response addresses the queries posted in 1534 words with references.

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The response addresses the queries posted in 1534 words with references.

//As per the directions, the given portfolio project will represent the selected company's history and background, supply chain management, new product development process, the way it deals with varying issues, relationship between supply, demand and logistics and more information. In context to the company, firstly we will discuss about the selected company's history and background as well as its products and the product lines in which it deals.//

Introduction:

For conducting research and gaining specific information about the supply chain, Wal-Mart is the selected organization that has a large mass of customer segment. Wal-Mart Stores Incorporation was laid down in 1969 as a renowned American public corporation, which controls a chain of large discount department stores. In Bentonville, Arkansas, Wal-Mart has set up its first distribution center and home office (Wal-Mart, 2010). To serve its customers demand, Wal-Mart runs more than 8,400 retail stores in 15 countries with 55 different banners (Wal-Mart, 2008).

It provides a wide range of products & services to its customers including meat, bakery products, chemicals, dairy, frozen foods, floral, health and beauty aids, household chemicals, paper goods, electronics, toys, cameras, photo processing services, cellular phones, cellular service plan contracts, and prepaid services; fabrics and crafts, stationery and books, automotive accessories and so on. The company deals in various product lines such as electronic, health care, food products, apparels, and several other household products and it operates in retail industry (Wal-Mart, 2010). Wal-Mart is mainly chosen as one of the renowned company in the retail industry that operates at large scale.

//Above, we have talked about Wal-Mart that operates a chain of large discount department stores around the globe. As per directions, we will talk about supply chain management efforts of the organization. In addition to this, it will also talk about issues involved in SCM, relationship of SCM with other departments.//

Supply Chain Management:

The supply chain management practice in Wal-Mart is highly efficient as it has closely unified with the company's retail and information systems strategies. The supply chain management effort of the company is quite effective as if focuses more towards cut down per unit cost of purchasing in order to offer reasonable prices to its customers. In concern to SCM, the company has also spent its precise time with vendors to properly evaluate the cost structure. Organizational structure is one of the most ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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