Definitions Of General Business Tactics Essay

Length: 3 pages Sources: 5 Subject: Business Type: Essay Paper: #33790565 Related Topics: Calculus, Counterfeit, Definition, Wal Mart
Excerpt from Essay :

Wal-Mart Ops Management

Wal-Mart Operations Management

The author of this report has been offer a brief treatise about the operations management aspects and tactics of companies like Wal-Mart. Indeed, the supply chain and network of Wal-Mart could and should be leveraged to gain the highest amount of competitive advantage and profits as is possible. However, there are limitations and tradeoffs to the methods that are commonly used to do just that. Methods that will be discussed in this report include reducing the amount of suppliers, disintermediation, coopetition, outsourcing and offshoring. While reducing costs and keeping things as simple as possible are commonly deemed to be good things, there are risks with taking that overall stratagem too far.


Regarding the overall number of suppliers, the general preference for simplicity and streamlining dictate that the fewer the suppliers, the better. However, the calculus is not remotely that simple. If the bogging down or problems with the one (or few) supplies remaining occurs and there is an outage or shortage of what that person is supplying that can create a problem for the company being supplied. That problem can become anything from a minor annoyance to a fairly major catastrophe. As such, regardless of the number of suppliers that a firm uses, there needs to be a modest to major amount of


Doing otherwise would be a major miscue on the part of Wal-Mart or any other business. Again, keeping things simple is a good thing in general but there are risks to making things too simple and basic. In some cases, complexity is a necessary evil (Dedrick, Xu & Zhu 2008).

As for disintermediation, the rules and principles that apply when it comes to reducing the number of supplies is pretty much the same as it is with disintermediation. All disintermediation really means is cutting out the middlemen that exist in the supply chain or other networks that a business works with. For example, a good example of disintermediation for Wal-Mart would be if they were doing their payroll check production through a third party provider in concert with their bank and they decided to take the payroll operations in-house. There could very well be cost savings and such from using a third party vendor for the payroll check production but there can be significant tradeoffs including how long it takes to get a payroll produced and checks delivered to the employees vs. having the facilities and capabilities on-site. Using the aforementioned third party payroll check company would be an example of outsourcing. It can be a boon in terms of saving money but, as noted above, there are always tradeoffs (Doh & Taylor, 2012; Lin & Chen, 2015).

Wal-Mart, like many companies, makes use of what…

Sources Used in Documents:


Dedrick, J, Xu, S, & Zhu, K 2008, 'How Does Information Technology Shape Supply-

Chain Structure? Evidence on the Number of Suppliers', Journal Of Management

Information Systems, 25, 2, pp. 41-72, Business Source Premier, EBSCOhost,

viewed 28 August 2015.

Cite this Document:

"Definitions Of General Business Tactics" (2015, August 28) Retrieved January 16, 2022, from

"Definitions Of General Business Tactics" 28 August 2015. Web.16 January. 2022. <>

"Definitions Of General Business Tactics", 28 August 2015, Accessed.16 January. 2022,

Related Documents
Business the Term Business Is
Words: 1169 Length: 3 Pages Topic: Business Paper #: 20070411

To run a business profitably, especially in the modern times where business is dome at the speed of thought, achieving business stability and growth can be made possible by setting goals that have to be achieved and using the proper tools and methods. (Elkin, 1998) Enhancing the business can be achieved by reaching the predetermined point where the investments match the output and there is a situation where the

Business Logistics and the Supply
Words: 1620 Length: 4 Pages Topic: Business Paper #: 65013343

This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain. Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate

General Motors Was Taken Over
Words: 3623 Length: 12 Pages Topic: Business Paper #: 86566842

GM's market share is a source of strength because it provides the company with considerable muscle and brand recognition. That is leads the Chinese market and is a major player in the U.S. market provides it with opportunities for economies of scale, and to introduce new products. The company's size gives is considerable bargaining power with suppliers. This in turn allows it some degree of cost control, especially now that

Business Ethics Case the Examination
Words: 4454 Length: 15 Pages Topic: Business Paper #: 57465113

Alford reports that "for some, the earth moves when they discover that people in authority routinely lie and that those who work for them routinely cover up. Once one knows this, or rather once one feels this knowledge in one's bones, one lives in a new world. Some people remain aliens in the new world forever. Maybe they like it that way. Maybe they don't have a choice." (Alford,

Business Cycles and Economic Outlook
Words: 1323 Length: 3 Pages Topic: Economics Paper #: 95106901

Thus, recession can be defined as a cure to the ill-policies of government and central bank that caused boom in certain sectors such as housing market. Because of that boom, easy credit policies, subsidies, easy lending and many other government and central bank caused factors, the prices soars to extreme high and causes inflation and money gets trapped in mal-investment. As the recession acts as a cure to this situation

British American Tobacco Company: Business Ethics the
Words: 2883 Length: 9 Pages Topic: Business Paper #: 27657950

British American Tobacco Company: Business Ethics The British American Tobacco company is a multinational company with over 200 brands that they have developed under the guidance; the company is staggeringly successful, selling 694 billion cigarettes in 2012 ( The worldwide company sees itself, and many would argue, rightfully so, as a powerful forces that has stimulated economies all over the globe in lasting and measurable ways: in 2012, the company's