Wal-Mart's supply chain stores
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Consider any organization with a well-known supply chain and overall strategy that will describe how the supply chain strategy supports the overall strategy of the firm and helps them achieve their overall objectives. In a 2 page paper discuss the strategy, and then discuss how it helps the company achieve its objectives. If there is something in the strategy that is not working well, provide ideas for what could be done to improve upon the strategy
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Solution Summary
Wal-Mart is used in this study since it has many supply chain stores.
Solution Preview
I will consider Wal-Mart for the organization in the study since it has supply chain stores.
Background
Sam Walton was established Wal-Mart in 1962, as a single store in Rogers, Arkansas. He purchased products from wholesalers and sold them to retailers for a profit. However, instead of keeping the profit, he decided to pass it on to his customers by selling the products at low cost and earn his profits through volume. This idea was the birth of Wal-Mart business strategy (Frank, 2006).
Business Strategy
Wal-Mart's slogan is "Always Low Prices. Always." The ...
Education
- MA, Capella University
- BA, Empire State College, NY
- MBA, Empire State College, NY.
- PhD , Concordia University
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