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1、analysis of wal-marts supply chain management with recommendations basic information of wal-mart wal-mart stores is an american public corporation that runs a chain of large, discount department stores. it is the worlds largest public corporation by revenue, according to the 2008 fortune 500. supply
2、 chain management is moving the right items to the right customer at the right time by the most efficient means. no one does that better than wal-mart.flourishing supplier relationship management supplier is a very essential segment of the value chain. in the past, wal-mart was looked very uncomprom
3、ising in the eyes of suppliers since it always required them to reduce the price of procurement. in the late 1980s, as the progress of technology, there were more means for suppliers to cut down the cost, so wal-mart started to improve the relationship with suppliers. it stopped to transfer its noti
4、on to holistic view which is vital when coordinate with others. it shared information with suppliers through network and edi system. a representative instance is its relationship integration with p&g via collaboration.the cooperation between wal-mart and p&g realized a win-win situation. the princip
5、le generated during their cooperation evolved into a criterion on supply chain management, whose acronym is cprfc collaboration: it emphasizes that the aim of the partners should be uniform. this kind of collaboration is a long-term relationship. the information is shared by each other and the colla
6、boration is not only limited on the tier of strategy but also on operational implementation. .p planning: as collaborating between two companies, there are so many things of different aspects to plan, such as operation, accounting. the planning of each company on each of the aspect should be similar
7、 in order to realize the collective objective. f forecasting: based on different sort of resource and view, suppliers and retailers may pay attention to different aspects of a product. to forecast the trend and seasonality of a product in a proper way, the partners will spend time on negotiation.r r
8、eplenishment: lead time, eop, safety inventory are vitalelements in this facet and all of those elements will be considered regularly. besides, in the process of replenishment, some elasticity should be maintained for replying to the crisisinternalfactorsstrengthsweaknesseswal-mart is a powerful ret
9、ail brand. it has a reputation for value for money and conveniencewal-marts it advantages could leave it weak in some areas.externalfactorsopportunitiesthreatsto take over, merge with, or form strategic alliances with other global retailers, focusing on specific markets such as europe or the greater
10、 china region.being number one means that you are the target of competition, locally and globally.conclusion as the world has been linked tightly and tightly, any organization, if they want to succeed in the new era, it is important to transfer their way of thinking to process thinking and pay more attention to the whole supply chain in which it survives. nowadays, the competition isnt company versus company but supply chain versus supply chain. how to reduce cost of logistics, how to cooperate with suppliers, from wal-mart, we can learn many things. in a
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