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1、会计学1工商管理专业英语工商管理专业英语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 chain management is moving the right items to
2、the right customer at the right time by the most efficient means. No one does that better than Wal-Mart.第1页/共14页第2页/共14页Flourishing Supplier relationship management Supplier is a very essential segment of the value chain. In the past, Wal-Mart was looked very uncompromising in the eyes of suppliers
3、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.第3页/共14页 It stopped to transfer its notion to holistic view whi
4、ch 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.第4页/共14页The cooperation between Wal-Mart and P&G realized a win-win situation. The principle gene
5、rated during their cooperation evolved into a criterion on supply chain management, whose acronym is CPRF第5页/共14页C 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 coll
6、aboration is not only limited on the tier of strategy but also on operational implementation. .第6页/共14页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 b
7、e similar in order to realize the collective objective. 第7页/共14页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 o
8、n negotiation.第8页/共14页R Replenishment: 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 crisis第9页/共14页InternalFactorsStrengthsWea
9、knessesWal-Mart is a powerful retail 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 mark
10、ets such as Europe or the Greater China Region.Being number one means that you are the target of competition, locally and globally.第10页/共14页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
11、thinking to process thinking and pay more attention to the whole supply chain in which it survives. 第11页/共14页 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. 第12页/共14页 In a word
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