Question

Refer to section 13-2 which discusses supply chain management. Do some research and identify a company that has successful supply chain management practices. Discuss specific aspects of their supply chain management and evaluate how these practices increase efficiency in their distribution process.

Answer 1

lmart is one such company that has successful supply chain management practices.

The company has strategic partnerships with its vendors. They offer them the prospect for long-term and high volume purchases in trade for the lowest apparent prices, which decrease their cost and increase the efficiency in their distribution proces

The company has constructed excellent communication and relationship networks with suppliers to enhance the material flow with the lower inventories and increasing productivity and boosting efficienc

The company also uses Cross-docking as a logistics practice, which acts as the fundamental base of Walmart’s strategy to restore inventory efficientl

Cross-docking infers the direct transfer of products from truck trailers without the demand for a new warehouse; there is no storage between the inbound or outboun

Furthermore, Cross-docking helps in keeping the inventory and transportation costs lo

It also helps in reducing transportation time and also helps in avoiding any inefficiencies in the process

Company has invested in advanced technology for inventory management, which helps the company keep a record of stocks in the stores or warehouses

It refills them whenever required, thus saving cost and time and increasing the distribution process's efficienc y.. .w.d.y.y.s.