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Wal-Mart Storage
Wal-Mart is a quintessential example of a company that leverages storage, facilities and logistic techniques in a fashion that allows them to keep shelves stocked, keep in-demand goods at the ready and the registers in the stores actually do much of the ordering for the store. A summary, a critique and a nominal amount of suggestions on how to improve the logistics and facilities framework in Wal-Mart will be executed in this report. While Wal-Mart does things very quickly and very efficiently, they could and should be doing some minor things better.
Wal-Mart basically has four stages for their goods as they progress any number of ways from arriving at their distribution centers to being sold on the shelves. Speaking of distribution centers, that is the first point of contact that many, but not all, goods have with Wal-Mart. Some vendors work directly and deliver the goods directly to the stores whilst making no use of Wal-Mart's extensive trucking system. However, most goods enter the hands of Wal-Mart at their distribution center. This is usually the first stage for most goods. Drivers than ship these goods to stores on planned sales campaigns and/or direct orders from the stores. Once a good reaches the store, it is then moved to the back room out of the truck. If it can be stocked to the floor right away, then this is done. However, if there is not...
The stockroom is the second of the four possible stages. The third stage is sometimes but not always used and that is when goods are stored on risers and other shelving whereby customers do not have direct access. There are also some bin locations on the floor to keep high-dollar or high-theft goods secure such as iPods, cell phones, laptops and so forth. The fourth and final point of goods in the Wal-Mart logistics and facilities system is when it's buyable by the customer whether it be on a normal shelf, on a stack base (the square-shaped stands of goods in the aisles) or on an end-cap (goods on the shelving at the edge of an aisle).
This is a fairly good system but there is one fairly large flaw in the ordering of goods at times and it stems from poor training of register associates. Quite often, goods that are quite similar but not the same such as different varieties of Kraft Macaroni and Cheese or different types of Haagen-Dazs are ringed up interchangeably and this has can cause a big mess. In other words, if someone checking out goods sees four boxes of Macaroni and Cheese and they are all Kraft, a person may just ring up one box four times. However, if not all four boxes are the same variety (i.e. not the same…
Retail Supply Chain Analysis Company X is a well-established online retailer based in Great Britain. It sells a variety of food and non-food related products and delivers them to the consumer's doorstep. In an era in which consumers are increasingly turning to online retailing as a convenient way to shop and "add more hours to the day," a number of online retailers are becoming even more aggressive in the UK market,
Supply chain management in FMCG sector Fast Moving Consumer Goods (FMCG) Managing supply of FMCGs Demand and Supply Distribution Channel Traditional channel of FMCGs distribution National Vs Global Presence Products and Services Supply chain opportunities Usage of Supply Chain Management Business development Business performance Cost reduction Revenue Increase Inventory management Overall Business Performance Competitive advantage Future trends Issues in global supply chain management: FMCG sector Multi-channel Supply Chain Management Individual Tagging The FMCG sector is represented as manufacturers and distributors of packaged products. They are also coupled with mega retail brands
Supply Chain Ann Supply Chain Management Annotated Bibliography Chopra, S., & Meindl, P. (2010). Supply chain management: Strategy, planning and operation (4th ed.).Upper Saddle River, NJ: Prentice Hall The text by Chopra & Meindl (2010) is an excellent starting point for this discussion, primarily because it serves as a rather exhaustive introductory reading on the subject. Providing academic explanation of the basic premise of supply chain management and an extensive investigation of the
Supply Chain Management True or False: Coca-Cola's Experience with Inventory Forecasting Supports the Principles Set Forth by CPFR In a one-word clear stand: true. The Collaborative Planning, Forecasting & Replenishment (CPFR®) System promoted by the Voluntary Interindustry Commerce Solutions (VICS) Association (Voluntary Interindustry Commerce Solutions Association, 2011) was piloted between Wal-Mart and Warner-Lambert in April 1996 (Purpura, 1997). Their CPFR collaboration allowed Wal-Mart and Warner-Lambert to jointly evaluate the supply chain in process, particularly regarding
Recommendations at the Divisional Level Divisional warehouses, or as they are sometimes called, Distribution Centers (DC) act as the fulfillment centers for stores in their region and also receive and inspect products from suppliers. DCs also manage the critical tasks of breaking down large shipments and allocating specific levels of inventory to each store. From a supply chain integration perspective, this is the most critical link in the entire chain between
Second, greater education about the values and benefit of this approach to managing projects needs to be completed (Brady, Maylor, 2010). Third, the inertia and lack of motivation to change needs to be quantified and shown to managers to see how their lack of commitment and urgency are hurting their businesses. All of these factors center on the value of time and its precious nature as a resource (Brady,