Question

Discuss the benefits of deploying an integrated supply chain process at any retail or manufacturing organization such as that deployed at Walmart .

Answer 1

The benefits of deploying an integrated supply chain process at any retail or manufacturing

Stay on top of demand. With integrated logistics, supply chain and product innovation strategies, companies are better positioned to predict demand and act accordingly.

• Flexibility. ...
• Eliminate waste.
• Higher profit margin
• E2E Visibility. Supply chain integration is the process of creating cohesion and increasing connectivity throughout the entire value chain, from procurement to production planning to logistics. .

• Added Flexibility.
• Reduced Waste. .
• Data Centralization.
• Improved Margins.

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Walmart began with the goal to provide customers with the goods they wanted whenever and wherever they wanted them. The company then focused on developing cost structures that allowed it to offer low everyday pricing. Walmart then concentrated on developing a more highly structured and advanced supply chain management strategy to exploit and enhance this competitive advantage and assume market leadership position.

Over the past ten years, Walmart has become the world’s largest and arguably most powerful retailer with the highest sales per square foot, inventory turnover, and operating profit of any discount retailer. In its transition from regional retailer to global powerhouse, the organisation has become synonymous with the concept of successful supply chain management.