Wal-Mart: A leader in Supply Chain Management & Technology (Essay Sample)

Supply Chain Innovations by Walmart
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Supply Chain Innovations by Walmart
It is without a doubt that Walmart has achieved the greatest operational and logistical triumphs in history. According to Supply Chain Digest, Walmart operates more than 10,000 stores in 27 countries around the globe, stocks products manufactured in more than 70 countries and managed over $32 billion in inventory (Lu, 2015). With such kind of numbers, there is a need to have an efficient and effective supply chain management. Walmart has been able to achieve this through technology. Technology forms the foundation of its supply chain as it owns the biggest information technology infrastructure of all private companies in the world. Its State-of –the-art network design has allowed Walmart to precisely forecast demand, predict inventory levels, and manage service response logistics and customer relationships
For example, Walmart becomes the first retailer to make use of the Universal Product Code bar codes that allowed for immediate collection and anal...