Wal-Mart Store Inc. March 2004

Wal-Mart Exploring Its Global Strategies That Built The Retail Empire Globalization and Wal-Mart Globalization has a positive impact on Wal-Mart Wal-Mart Stores , Inc is the world 's largest retailer with over 200 billion worthy of annual sales . The organization has adopted various strategies to become and remain a market leader in the industry Through a combination of logistical efficiency and technological prowess , Wal-Mart is able to move cheap goods and services to customers across bs at a low cost The company prided its high levels of service , strong inventory management , and purchasing economies

Wal-Mart 's Sterling Performance Wal-Mart has recorded a profit after taxes of above 200 billion By applying vendor managed inventories and just-in-time concepts , Wal-Mart has continued to maintain leadership in the U .S . retail market In its strategy of replenishing stock daily , key suppliers are allowed to access data on sales , which ensures stocks are supplied just in time With a retail network of over 140 branches all over the world , the management styles , as well as all its departments , have to be maintained at a high notch Wal-Mart 's Financial Performance Wal-Mart 's Management System Problems and challenges such as shoplifting caused the company to invest in costly surveillance systems Managers at Wal-Mart are motivated in that , the organization always rewards creativity and effort as well as originality Its people-friendly approach has led to such a good relationships with customers that , a very loyal client base has been achieved Wal-Mart 's rapid growth is partly due to a human resource policy . Globalization has enabled the organization to expand the organization from rural small towns to urban areas Wal-Mart enjoys a very loyal consumer base . They attract a lot of customers because of their lowest prices therefore making lots of profit Wal-Mart 's Competitive Advantage Wal-Mart has computerized its purchasing systems to incorporate E-purchasing , compared to competitors who had not adopted this concept Wal-Mart knows how to utilize and take advantage of the buyer power . Wal-Mart has outshone all its competitors as it manipulates and coerces suppliers to enter into concessions In terms of the threat of substitutes , Wal-Mart no longer competes with any one , it has taken virtual control of the US retail business In terms of supplier power , the suppliers had no choice but to give in to Wal-Mart 's pressure Ethical Issues Hounding Wal-Mart Wal-Mart is accused of oppressing suppliers to an extent that they are forced to lay-off employees hence causing joblessness and closure of manufacturing plants Wal-Mart is harming several US industries by accepting imports which are cheaper and can be distributed to the retailer at much cheaper rates Wal-Mart is abusing its bargaining power as it virtually controls all the decisions or contracts entered with suppliers Wal-Mart had put a great pressure on its workforce as it introduced a modern employee management systems which ensures that the best staff are retained What now , Wal-Mart In terms of sustainability , Wal-Mart 's strategy is market tested and effective Their focus that prioritized customers...