Include the following:
* A description of the company researched.
* An explanation of how they use supply chain management
* A brief explanation of how supply chain management affected the organization's profitability.
Walmart is the largest discount retailer in the world. Walmart was founded by Samuel Walton in 1962, and began as a chain of stores in rural towns. Today, Walmart is known for its low prices. Customers can purchase its products in retail stores, online, and through mobile devices. In 2013, Walmart had a net income of over $16 billion, and employed over 1.4 million people in the United States, making it one of the country's biggest employers.
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 ...
This solution provides explanations for supply chain management in a company. It is answered in 329 words. Five web references are provided.