Categories: Supply Chain

Supply Chain Process of Wal-Mart

A supply chain is the combination of the manufacturers, suppliers, warehouses, retailers and even customers themselves; which directly or indirectly fulfill customers’ needs and preferences. Within each firm such as a manufacturers or producer, supply chain consists of all functions involved in receiving and filling needs or request of customers. These functions are new product development, operations, distribution, marketing, finance, customer services and many more functions.

For example: Customer went to a Wal-Mart shop to purchase soap. The Wal-Mart’s supply chain starts with the customer and his/her need for soap. Subsequent step is the Wal-Mart retail shop that the customer visits. Wal-Mart fills its shelves with the finished goods warehouse or by 3rd party. The warehouses are stocked by the manufacturers such as Nestle. Nestle receives its raw material from different suppliers.

A supply chain involves product, the constant flow of information and funds among different stages. Wal-Mart Corporation offers products, their availability and pricing information to the customers. Customers send their money to Wal-Mart Corporation, and then it conveys point of sales information and replenishment order to the distributors or warehouses. After replenishment Wal-Mart transfers funds to the distributor. Distributor deliver schedules and pricing information to the Wal-Mart. Wal-Mart may send back material to be recycled. Fund flows, related information and material takes place through the complete supply chain.           

mbalectures

Recent Posts

Porter’s Five Forces of Microsoft

Microsoft Corporation also known as MS is one of the biggest multinational technology-based company in…

2 years ago

Porter’s 5 Forces Analysis of Fast Food Industry

The article is based upon in-depth analysis of Fast Food Industry of Australian Region with…

2 years ago

Apple Inc. – Porter’s Five(5) Forces Analysis

The paper presents detailed overview about the Apple Inc. analysis on the parameters set by…

2 years ago

Marketing Plan – Thomson Holiday Group

The purpose of this research paper is to develop a marketing plan for the Thomson…

2 years ago

Case Study – Jerk Stars Ltd- Sales and Marketing Human Resources Dilemma

1. As applicable to other department managers, a human resources manager invigilates the departments and…

2 years ago

KFC Jamaica – Operation and Services Flow

The purpose of the present article is to formulate a work allocation flow chart of…

2 years ago