we chose the company walmart how it uses a IT model to track thier inventory. Su
ID: 350065 • Letter: W
Question
we chose the company walmart how it uses a IT model to track thier inventory.
Submit a title page in addition to a 4 page report (Font 12 and single line spacing) that contains the following sections:
1- Introduction section of the project (one paragraph).
2- Organization Description section: describe the business/ organization your project will be on (not more than 1 page).
3- Process/Subprocess Overview: describe the process and subprocesses that your project will focus on, AND a high level overview of the issues/ problems/ errors/ questions that exist in the current process/subprocess.
4- Scope/Opportunity Assessment: analyze the scope and magnitude of the improvement opportunity based on the issues and questions posed in section 3 above.
AFTER the title page and the 3 -page report, submit: The “as-is” process model captured in BPMN (which you can submit as a separate PDF file if you find it more convenient than embedding in the document). Make sure that the process model includes a high-level value chain.
Explanation / Answer
Introduction section of the project:
Walmart has continued to retain the top position on the Fortune 500 list for a consecutive fifth year. The brand has continued to grow based on its everyday low prices strategy and has taken fast advances into the digital market. The brand that started as a small discount retailer in Rogers, Ark in 1945 has spread through US and to several other parts of the globe. It is investing heavily in technology so its customers can shop from anywhere anytime. It is in a bid to win market share away from its rivals Amazon, Target and Costco. While its Sam’s club has kept struggling with Costco, the earlier investments that the brand made in groceries seem to have started paying off.
At the core of Walmart’s business model is price leadership. The brand has led the US retail market through its lowest prices. Today, it operates more than 11000 physical stores in 28 countries and has ecommerce websites in more than 11 countries. The focus of Walmart is now on creating a seamless experience for its customers whether they are shopping from their mobiles or in the stores. The brand employs around 2.3 million workers whom it calls associates. 1.5 million of them are working in US. This is a discussion of the business strategy that Walmart has adopted and the kind of wins the brand has registered with its help.
Organization Description section: describe the business/ organization your project will be on
ll of these accomplishments have been made possible by the clear alignment of the entire Walmart US organization behind our powerful purpose: We help save people money so they can live better.
We have referred to this effort as Project Impact and customers have responded very favorably.
It is now time to escalate these efforts – to switch to high gear – by leveraging our size and global scale to drive greater efficiencies and lower the cost of goods to help accelerate growth.
The strategy is clear and today I am pleased to announce a series of changes within Walmart US that will move us further along in our execution while creating, at the same time, significant development and growth opportunities for many associates.
The first of these structural changes is intended to gain alignment in the critical new store decision process by integrating Walmart’s Realty Division with Store Operations and Logistics under the leadership of Bill Simon, Executive Vice President and Chief Operating Officer, Walmart US. As a result of this realignment, effective Feb. 1, Eric Zorn, Executive Vice President and President, Walmart Realty, will now report to Bill Simon.
Later today, Bill will make other organizational announcements to explain how this new structure will operate. This move will help facilitate our growth as we seek to enter new markets and develop new segments across the U.S. and will drive efficiencies by allowing us to better leverage our resources. We are also building a structure that aligns the Store Planning Team with the Customer Experience Team that currently is part of merchandising. This will also support our efforts to accelerate our speed to market with new formats.
Process/Subprocess Overview: describe the process and subprocesses that your project will focus on, AND a high level overview of the issues/ problems/ errors/ questions that exist in the current process/subprocess.
Research is understood as systematic, controlled, empiric and critical investigation of hypothetical statements on supposed relationships among phenomenon (Gillham, 2010). Thinking is dominant in the process of scientific research. The scientific research process is the ongoing planning, searching (do the research), information collection including discovery, reflection, revision, and learning, and evaluation for the researcher (See Figure 1). In this thesis, the general research is done according to the above process. This is a phase of scientific research from planning the research, doing the research, collecting the information, and evaluating the finding and the research. In this phase, the author’s research about logistic management was completed
The data analysis is critical in the research of SSCM. It is a process of inspection, identification, cleaning, transforming and modeling data in the authors' model. Of course, there are different analysis models in different topics. On the market, there are different software for analyzing data including SPSS and even EXCEL that could finish some simple data analysis. In the research of SSCM, the exploratory data analysis and predictive analysis are effective. Since the exploratory data analysis focuses on finding the features of data and predictive analysis focuses on predicting future situation of SSC through existing data
Scope/Opportunity Assessment: analyze the scope and magnitude of the improvement opportunity based on the issues and questions posed in section 3 above.
Over the past decade, there has been increased interest and focus on the environmental impacts that occur beyond the four walls of an organization. The desire to understand these “scope 3” impacts has grown, although issues such as data specificity, data completeness, resource requirements, uncertainty, or fear of the unknown can often leave organizations
In many cases, the phrase “scope 3” is used in different contexts to mean different things, including analysis with any combination of the following:
Business travel
· Employee commuting
· First-tier suppliers
· Cradle-to-gate supply chain
· Use phase and end of life
· Franchise activities
· Investments
Understanding and managing scope 3 impacts is critical to identifying and managing risk, enhancing efficiencies, supporting customer data requests, and meeting the expectations of increasingly savvy consumers, industry associations, and NGOs. Identify Risk Multiple types of risk can be tied to the presence of scope 3 environmental impacts, including:
· regulation compliance costs upstream and downstream Commodity, energy, and other
· resource consumption costs upstream and downstream Reputation and brand perception
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