Saturday, October 16, 2010

-The major business initiatives are used in Wal-Mart and what software is used.

-The major business initiatives are used in Wal-Mart and what software is used.

For Walmart, the major business initiative being used is Supply Chain Management. A supply chain management system is an IT system that supports activities by automating the tracking of inventory and information among business processes and across companies. Wal-Mart is to ensure that all their suppliers are using Electronic Product Codes and for those who do not have the capability they work with them to find packages that are within their price range. This allows for a successful ensuring that customers get what they order in a timely manner. It allows for logistics, fulfillment, production, revenue and profit, cost and price efficiency, Another initiative is the, Go Green Concept, according to Wal-Mart’s press release as
of February 2nd 2009, “two new types of heavy-duty commercial hybrid trucks and two different alternatively fueled heavy duty trucks”, has become, “part of the company’s efforts to build on its progress in developing a more sustainable trucking fleet”. As an Overall Cost Leadership company, their strategy is that of a bottom-line company. A bottom-line strategy optimizes manufacturing processes, decrease transportation costs, and reduces cost of human capital, and minimizes errors in a process.


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