The paper "Walmart’ s Success in Supply Chain Management" is a perfect example of a case study on management. Juggernaut Walmart reported a gross profit of $486 billion at the end of the 2016 fiscal year due to the use of supply chain management which has forged over very many decades. This organization generates its income from the United States alone although it is also fed by other sprawling supply chains. This organization uses its famous mammoth kind of purchasing power in shaping the behavior of its suppliers. This purchasing power also helps the organization to drive down its costs (Wisner & Tan, 2000).
This organization focuses on supply chain management which was applied in the traditional era and which have helped many organizations to excel over the past decades. Walmart also continually improves on the traditionally used supply chain management by making more investments into emerging technologies so as to capture the better elements in the supply chain management that are required in the e-commerce market. Walmart’ s supply chain evolution includes elements such as technology, distribution practices, and operation of the organization’ s fleet of trucks.
Supply chain management has helped the organization to save time in most of its operations, manage its inventory in a more cost-effective manner, and improve product forecasting (Allan, 2016). The supply chain process of this organization is not entirely based on technology. This organization is based on a sprawling network of more than 160 distribution centers which cover more than 120,000 square feet. Within every 130 miles among the stores it distributes its products; there is a logistics company for consultancy. Supply chain management has helped this organization to lower its inventory costs to an unimaginable level. Introduction I have decided to analyze Walmart's supply chain management because the organization has benefited a lot from the process compared to any other organization around the globe.
Walmart has the most improved supply chain management process and it generates the largest returns from the chain compared to any other organization in the United States and the world at large. Walmart has used the supply chain since 1989 and it improves on the process every year so as to capture the new technologies introduced in the market (Nathan, 2016).
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