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Supply Chain Management
Prepared by:
Manish Saini
Harleen KaurVinod
Jyotsna Gupta
Vivek Tyagi
Navdeep
Hitesh
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Wal-Mart is the Worlds Largest Retail
Company
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Wal-Mart Background
About Wal-Mart
Wal-Mart is a global retail organization, in the business ofserving
customers. In the United States, their operations are centered operating
retail stores and membership warehouse clubs. International, they are
centered on retail stores, warehouse clubs and restaurants. Their business
is tooffer customers quality merchandise at low prices. Wal-Mart mission
is tobe the place where prices are low and value and customer service are
high everyday.
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Sam Walton in 1962
On this picture in 1984
he does the hula at high noon
on Wall Street, making good
on promise to associates after
company achieves pre-tax profit
of 8 percent in 1983.
History - Founder
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History some important dates
1962: Company founded with opening of first Wal-Mart in Rogers, Ark.
1967: Wal-Mart's 24 stores total $12.6 million in sales.
1970: Wal-Mart opens first distribution center and home office inBentonville, Ark.
1977: Wal-Mart makes first acquisition, 16 Mohr-Value stores in Michiganand Illinois.
1978: Hutcheson Shoe Company acquired
1981: Wal-Mart makes its next acquisition with 92 Kuhn's Big K stores.
1983: U.S. Woolco Stores acquired.
1990: Wal-Mart becomes nation's No. 1 retailer.1990McLane Company ofTemple, Texas acquired.
1997: Wal-Mart replaces Woolworth on the Dow Jones Industrial Average.
2003: Wal-Mart named by FORTUNE magazine as the most admiredcompany in America.
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Ranked first in the Global Fortune 500 list
in 2001-2002 financial year
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Wal-mart Background
Wal-Mart's Financials
Wal-Marts Net sales (in millions) for the three fiscals years ended January
31, 2003 as follows:
Fiscal Year Wal-Mart Stores SAMS CLUB International Other Total Company
Total Company Increase
from Prior Fiscal Year
2003 $ 157,121 $ 31,702 $ 40,794 $ 14,907 $ 244,524 12%
2002 139,131 29,395 35,485 13,788 217,799 14%
2001 121,889 26,798 32,100 10,542 191,329 16%
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What is Supply Chain Management
Supply Chain .
encompasses all activities
associated with the flow and transformationof goods from the raw materials through to the end user.
Material and information flow both up
and down the supply chain.
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What is Supply Chain Management
Supply Chain Management .
is the integration of these activities
through improved supply chain relationships,
to achieve a sustainable
competitive advantage.
Handfield, R & Nicholas Jr., E 1999, Introduction to Supply Chain Management, Prentice Hall, New Jersey
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What is Supply Chain Management
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What is Supply Chain Management
Elements of the Internal Supply Chain
SCM includes the management of organizations internal components in the supply chain:
ProductDesign
Inventory
Management
Order
Management
Logistics
Management
Production
Scheduling
Distribution
Management
Purchase
Management
Internal
SCM
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What is Supply Chain Management
Information System in Supply Chain Management
Centralization of information flow Order management
Total visibility of resources and processes
Data interchange between partners within supply chain
Data capture:
Monitoring of processes
Events happening across the supply chain
Automated forecasting, planning, scheduling