Project Report on Supply Chain Management of Walmart...

PROJECT REPORT ON SUPPLY CHAIN MANAGEMENT OF WALMART UNDER THE GUIDANCE OF: SUBMITTED BY: MOHD FAIZAN YUSUF PGDM 2009-11 Galgotias Business School APPROVED BY AICTE, MÄ °NÄ °STRY OF HRD, GOVT. OF INDÄ °A) 1, KNOWLEDGE PARK, PHASE II, GREATER NOÄ °DA. (U.P.) INTRODUCTION TO THE COMPANY Wal-Mart Stores, Inc. is an American public corporation that runs a chain of large discount department stores†¦show more content†¦This inter-organizational supply network can be acknowledged as a new form of organization. However, with the complicated interactions among the players, the network structure fits neither market nor hierarchy categories (Powell, 1990). Supply chain management is typically viewed to lie between fully vertically integrated firms, where the entire material flow is owned by a single firm, and those where each channel member operates independently. Therefore coordination between the various players in the chain is key in its effective management. SUPPLY CHAIN OF WALLMART Hub and spoke system In the early 1970s, Wal-Mart became one of the first retailing companies in the world to centralize its distribution system, pioneering the retail hub-and-spoke system. Under the system, goods were centrally ordered, assembled at a massive warehouse, known as ‘distribution center’ (hub), from where they were dispatched to the individual stores (spoke). Wall Mart’s Procurement The company directly procured from manufacturers, by passing all intermediaries. Wal-Mart finalizes a purchase deal only when it is fully confident that the products being bought is not available elsewhere at aShow MoreRelatedA Report On Wal Mart2059 Words   |  9 Pages12/15/2014 BY :GROUP-4 Submitted to : Prof : Vijya Bandhopadyaâ€Æ' Acknowledgement We would like to take this opportunity to express our sincere thanks and gratitude to all those people who have significantly contributed towards the completion of this assignment. 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