Saturday, December 28, 2019

Case Study Walmart s Operations Management - 1202 Words

Have you ever wonder what does it take to operate a big corporation, business or an organization? I have sometimes wondered what would be like to own and what it would take to run a big corporation. I can imagine that running a big corporation would be difficult and it would take a lot of effort to have a successful corporation. Since it is a big corporation I was mostly interested in learning more about the Walmart Corporation. Walmart’s operations management covers a mixture of concepts that focus on managing the supply chain and inventory, as well as sales performance2. The company has become successful because it follows an effective performance in operations management2. This paper will be giving some information about Walmart and how it came to be. Also, there will be an analysis of the different business operations as they are implemented in the corporation and they will be compared to an optimal operating procedure. Background How did the corporation Walmart become who it is today? Sam Walton was the founder of Walmart. Sam Walton was born in 1918 in Kingfisher, Oklahoma1. At the age of 24 Sam joined the US military, being in service for only 3 years Sam’s service ended 1945. Sam got married to Helen Robson in 1943, after Sam’s military service was over they moved to Iowa and then to Newport, Arkansas. After living 5 years in Newport Sam and Helen moved to Bentonville. Once they came accommodated in the new city Sam opened up a Walton’s 510 on the downtownShow MoreRelatedCase Study : Supply Chain Management1028 Words   |  5 PagesSUPPLY CHAIN MANAGEMENT IN RETIAL INDUSTRY: CONCEPTS, STRATEGIES AND WALMART CASE STUDY Mian Wang CID: 01090728 Imperial College Business School, MSc Management ABSTRACT With the rapid increase of operation cost and fast development of E-commence in today’s retail industry, traditional operation management models are antiquated. 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