This website uses cookies to ensure you have the best experience. Learn more

Strategic Supply Chain Model Paper

1372 words - 5 pages

Wal-Mart is a shopping center that carries a variety of products ranging from clothing to office supplies and grocery supplies. This shopping center receives the products they carry from suppliers, and the supply chain must be managed accordingly. In this paper, Team A discusses the need for supply chain management, how Wal-Mart orders and delivers products in their present situation, and the elements of the supply chain model for the organization.Wal-Mart is a one stop shopping experience for a variety of items. In order to maintain their supplies, they have to order materials from their suppliers. Wal-Mart is a store that prefers not to hold inventory but they also with to prevent backorders in their store (Atkinson, 2006). They accomplish this by replenishing stock only as needed. The computer system within Wal-Mart's cash registers retains a record of sales of products, and those products are ordered according from the main office. This causes suppliers to have to hold on to a greater amount of materials to meet the needs of Wal-Mart, but prevents Wal-mart from overstocking on products. The main office orders for both Wal-Mart and for Sam's club, so they have to maintain good relations with the suppliers and also make sure that the suppliers maintain a high level of standards for social and environmental needs. Wal-mart's suppliers come from both national levels and international levels, which leads to delivery methods for the supplies.Wal-mart uses multiple delivery systems for their products. From overseas, the supplies are shipped by both ship and air, and from national suppliers the supplies are shipped by trucks. In order for Wal-mart's inventory to them be shipped from the main supply storage area, the supplies are trucked to each individual Wal-mart and Sam's club nationwide depending on the needs of each individual store. Wal-mart also offers online shopping for customers, and the products may be delivered to the home via UPS or shipped to the store of the customer's choice to be picked up at the customer's convenience. Delivery of products takes a great deal of detailed planning for both the suppliers and the supply managers of the Wal-mart industry.In the financial year of 2001-02, the first-ranked company in the global Fortune 500 list was the U.S. based industry known as Wal-Mart, earning revenues of $219.81 billion, being one of the largest private sector employers in the world, with employee strength of approximately 1.28 million (Chandran, 2003). According to analysts, Wal-Mart was able to achieve a leadership status in the retail industry because of its efficient supply chain management practices, and as Captain Vernon L. Beatty, aide-de-camp to the commander, Defense Supply Center, Columbus, Ohio said, "Supply 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" (Chandran, 2003).Starting from the early 80's, there has been great...

Find Another Essay On Strategic Supply Chain Model Paper

Supply Chain Paper

1531 words - 6 pages competitiveness, and customer service are prominent trends in the supply chain industry. Dynamic markets, changing consumer demands in addition to lower costs and reduced margins are reasons that organizations should effectively manage or sometimes re-engineer their supply chain processes to remain competitive (About.com, 2007). This paper will discuss how three pet stores, Lucky Dog, Muttropolis, and PETCO, manages its supply chain through the

Supply Chain Paper

924 words - 4 pages E-Business Supply ChainThe availability to the Internet has drastically increased over the years. This is one reason why more businesses are doing business over the Internet. In this paper I will describe what the business to consumer (B2C) and business-to-business (B2B) supply chains are and what is the difference between the two. One thing is certain that e-business has made doing business much easier for the customer whether that is a

Company Supply Chain Paper

732 words - 3 pages Having an effective supply chain is critical to the success of any type of business, big or small. The definition of a supply chain is the stream of processes of moving goods from the customer order through the raw materials stage, supply, production, and distribution of products to the customer. Through such a detailed network, the distribution of goods and services makes its way from supplier to consumer.Supply chain management is the

Supply Chain Paper

993 words - 4 pages PAGE PAGE 1 Supply Chain Paper El Internet es un recurso que ha cambiado drásticamente la vida de todos y su uso ha aumentado con los años. Es una de las razones por la que cada día son mas las empresas que hacen negocios a través del Internet. El negocio de empresa a consumidor (B2C) y el de empresa a empresa (B2B) son diferentes. Sus diferencias serán expuestas mas adelante y se explicaran las cadenas de

The Supply Chain Concept Paper

939 words - 4 pages competitiveness, and customer service are well known trends in the supply chain industry. Dynamic markets, changing consumer demands, lower, costs, and reduced margins are reasons that organizations should effectively manage or revamp their supply chain processes to remain competitive (about.com, 2007). This paper compares three pet stores, Lucky Dog, Muttropolis, and Petcock, and how it manages its supply chain through the use of the Internet.A

Planning and Controlling the Supply Chain Paper

942 words - 4 pages budget.In conclusion for Riordan to meet all 2005 expectations the organization must utilize responsibility accounting. Responsibility accounting is an information system that does the following: classifies financial data according to areas of responsibility and reports only controllable cost and revenue information for managers. Responsibility accounting focuses on the reporting, not on the recording, of information.ReferencesApollo Group Inc. (2006). Riordan Manufacturing. Retrieved from https://ecampus.phoenix.edu/secure/aapd/cist/VOP/Business/Riordan/RioMfgHome002.htmPlanning and Controlling the Supply Chain Paper

Write a 3-4-page paper that explains how the supply chain differs on a B2C site compared to a B2B site. Give specifics

1189 words - 5 pages Cadenas de SuplidoresLa diferencia entre el B2B (Business to Business) y el B2C (Business to Customers) es el tiempo en que se toma en llegar al cliente y el costo en el cual se vende al cliente. La cadena de suplir cambia totalmente. El B2B del cual vamos a hablar primero es la forma en la cual podemos enviar las facturas u/y otros documentos los cuales se hayan perdido en algún momento. Todo comenzó por este medio cuando las

Supply Management and Value Added Processess

1814 words - 8 pages companies. This paper will try to evaluate how successful companies manage internal supply and external demand, and whether or not this has an impact on the final result of their companies. In line with the evidence found in the literature, this paper will try to prove that successful supply management results in better business results, and additionally significant cost reductions. Supply – from operative to strategic business function For a

Supply Chain Management

988 words - 4 pages DiscussionNow that businesses have entered the 21st century, competition between companies is becoming fiercer. That is why, a business organization must have a top strategic plan in order to win the market. One strategy of the company to elevate itself from its foes would be supply chain management.Supply chain can be interrelated to a value chain. It is an entire process that provides value to the raw materials in producing the finished goods

Toyota Supply Chain

2838 words - 11 pages in Toyota supply chain network was excessively criticized after the events that transpired in 2010 forcing Toyota to recall some of its products. It is important to remember that in 2004 Toyota was similarly forced to recall some of its model as a result of quality issues, the only difference here being it was not as much publicized as the 2010 one. In both instances, sources within and outside the organization claimed that Toyota rapid expansion

carbon supply chains

3303 words - 14 pages al (2010) who have related emissions and transportation in a supply chain; Lam et al (2010) who have studied cluster based regional supply chain by detailing processes for a biomass supply chain and calculating annual emissions in the supply chain; and Mallidis et al (2012) who have proposed a strategic-tactical decision support model to design supply chain network and sharing of warehouses and transportation and found that involving of third

Similar Essays

Fashion Retailer Supply Chain Model: Zara

1623 words - 7 pages Through the use of literary articles and other academic material this paper will review the strategic supply chain initiatives that gives Zara an advantage over it’s competitors. The report will examine other fashion retailers supply chain model to show how Zara has mastered the supply chain model to gain advantage over others. The Report will also examine the following areas. i. Origins and history of the organization. ii. Examination of

The Strategic Importance Of Supply Chain Management

2046 words - 8 pages , customer concern, information technology and globalization. It also discusses the benefits of implementing an effective supply chain strategy include better alignment with corporate strategy, improved efficiency and improved competition positioning. Examples of well-known firm such as Dell and Zara have been used to support my selection of reasons for the strategic importance of supply chain management.1 INTRODUCTIONThe purpose of the report is to

Strategic Supply Chain And Logistic Management

2779 words - 12 pages Introduction An successful integrated supply chain management depends heavily upon areas of operation management, logistics, procurement, and information technology (IT), together they strives for better results . Therefore, transparency with one another with the help of computer systems and programs that can be access or tailor to individual needs is essential. Depending on the operating purpose, it is important that all machines in the

Development Of Biomass Supply Chain Framework In The Model Of Milk Cooperatives

1017 words - 5 pages a simulation model of biomass supply chain for bio fuel production, Renewable Energy (2012) 44 (0) (8): 380-91. 5. Z.Guan, A.B.Philpott, A multistage stochastic programming model for the New Zealand dairy industry Int. J. Production Economics 134 (2011) 289–299. 6. Raphael Riemke de Campos Cesar Leão, Silvio Hamacher, Fabrício Oliveira, Optimization of biodiesel supply chains based on small farmers: A case study in Brazil, Bioresource