Reference no: EM133555110

You are tasked with analyzing the current supply chain management practices of WALMART Company and proposing strategies for optimization. As a supply chain management consultant, your objective is to identify key challenges, recommend improvements, and develop an action plan to enhance the overall efficiency and effectiveness of the supply chain.

Task : Key Challenges in the Supply Chain

1. Demand Forecasting:

- Assess the accuracy of demand forecasting methods currently employed by WALMART Company.
- Identify challenges and issues related to demand forecasting leading to either overstocking or stockouts.

2. Communication Gaps:

- Identify communication gaps within the supply chain and between stakeholders.
- Evaluate the impact of poor communication on decision-making and response times.

3. Transportation Cost:

- Analyze the factors contributing to rising transportation costs for WALMART Company.
- Highlight areas where transportation expenses can be optimized.

4. Inventory Holding Costs:

- Calculate the inventory holding costs incurred by WALMART Company.
- Suggest strategies to reduce inventory holding costs without compromising on customer service.