Download to read offline
Uploaded byOsama Yousaf
Supply chain management Walmart presentation slides
Wal-Mart is an American multinational retailer established in 1962 in Arkansas. It operates over 6,500 stores worldwide and has pioneered supply chain management techniques like RFID tracking, vendor managed inventory, and collaborative planning. Through early adoption of barcodes and data sharing with suppliers, Wal-Mart achieved inventory replenishment within 24 hours across its US stores.
Educationā¦
In this document
Powered by AI
Wal-Mart, founded in 1962 by Sam Walton, is the world's largest retailer with over 6500 stores globally. Its success relies on technology for efficient supply chain management.
Sam Walton emphasized replacing inventory with information, enabling stock replenishment within 24 hours and utilizing everyday low pricing (EDLP) to gain market share.
Key technologies include RFID, VMI, CPFR, SKUs, and UPC Barcodes that enhance inventory management and product tracking within supply chains.
Introduced in 2003, RFID allows efficient tracking of merchandise in the supply chain, streamlining inventory management and enhancing operational efficiency.
VMI shifts responsibility to manufacturers for product management in Wal-Mart's warehouses, leading to nearly 100% order fulfillment.
Wal-Mart pioneered the use of UPC barcodes for immediate data collection, enhancing inventory analysis and supplier forecasts through Retail Link.
CPFR promotes shared supply chain information on promotions and inventory, improving forecasting and replenishment processes.
Wal-Mart remains the top US retailer, expanding into diverse sectors globally while continuously searching for innovative growth opportunities.
More Related Content
Similar to Supply chain management Walmart presentation slides
Supply chain management Walmart presentation slides
- 3. ļØ Wal-Mart, anAmerican multinational corporation that runs a chain of warehouse stores. ļØ Established in 1962, Arkansas- USA ļØ Sam Walton-founder & Mike duke-current CEO ļØ Wal-Mart is the world largest retailor with more than 6500 stores world wide ļØ Successful due to its IT usage in Supply Chain Management.
- 4. ļØ āPeople thinkwe got big by putting big stores in small towns. Really, we got big by replacing inventory with informationā ,Sam Walton. ļØ Walmart could replenish stock at any of itās 1525 stores in US within 24 hours. ļØ EDLP, (every day low pricing) ļØ High volume, grabbing increased market share.
- 5. ļØ RFID (RadioFrequency IDentification ļØ VMI ( Vendor Managed Inventory) ļØ CPFR (Collaborative Planning, Forcasting and Replenishment) ļØ SKUās (Stock Keeping Units) ļØ UPC (Universal Product code) Barcodes
- 6. ļØ Wal-Mart introducedRFID in 2003 ļØ Radio-frequency identification, or RFID, transfers data stored on tags on a product or other object, facilitating identification and tracking. ļØ One use of RFID technology familiar to many people is in vehicle transponders for toll collections. ļØ The company initially introduced RFID to track pallets of merchandise traveling along its supply chain, including at warehouses.
- 7. ļØ Wal-Martās supplychain initiative called VMI ā vendor managed inventory ā manufacturers became responsible for managing their products in Wal-Martās warehouses. ļØ As a result, Wal-Mart could expect close to 100 percent order fulfillment on merchandise.
- 8. ļØ Wal-Mart implementedthe first companywide use of Universal Product Code bar codes, in which store level information was immediately collected and analyzed. ļØ Through a global satellite system, Retail Link is connected to analysts who forecast supplier demands to the supplier network, which displays real-time sales data from cash registers and to Wal-Martās distribution centers.
- 9. ļØ CPFR anintegrated approach of collaborative planning, Forecasting and replenishment. ļØ By sharing critical supply chain information, such as data on promotions, inventory levels and daily sales.
- 12. ļØ In conclusion,Wal-Mart is the number one retailer in the United States and is at the top of the Fortune 500 listing. Wal-Mart operates in many countries world-wide and is moving into new countries every year. ļØ Wal-Mart is also expanding as a retailer. They have expanded into many other sectors of the marketplace, including groceries, gas stations, electronics, and auto maintenance. Each year, Wal-Mart finds new ways to grow and offer more services to their customers.