Explain competitive advantage this online strategy affords

Assignment Help Operation Management
Reference no: EM132291179

The store, Walmart is famous for its low prices. Walmart's past slogan Always Low Prices, Always and present slogan, Save Money, Live Better affirm the company's want and usual ability to sell products at a lower price than their competitors. One reason the company is able to sell products at prices lower than almost all other companies is due to Walmart's super-efficient supply chain. Its I.T. supply chain management system is the envy of many in the industry because it drives or eradicates excess time and unnecessary costs out of the supply chain. Thus, since Walmart can buy low it can sell low. As a matter of fact, if a company wants Walmart to carry and sell its product in its stores, the company must be ready to do business with Walmart electronically. Pretend you represent a company that wants Walmart to carry your product in their stores. Visit Walmart’s website Suppliers page and review the required steps, applications, training, research etcetera that you, as a potential future supplier, must complete for Walmart to consider selling your product in their stores. Summarize these findings in a one-page document. Specifically, in this summary, report upon the following:

1) List all the online steps, applications, training, research or other actions you (company) must complete online via Walmart's Suppliers page to do business with Walmart.

2) From a review of your list stated in Question 1, explain the competitive advantage this online strategy affords Walmart. If Walmart did away with this online strategy (e.g. allowed suppliers to start business transactions face-to-face rather than online), how do you think this would impact Walmart's ability to sell products at low prices? Explain.

Reference no: EM132291179

Questions Cloud

Strategies with its organizational culture and structure : Why is it important for managers to align a company’s vision and strategies with its organizational culture and structure?
Monetary policy is carried out by the federal reserve : Monetary policy is carried out by the Federal Reserve. Describe how they use the three tools, reserve requirements, open market operations
Give an example or counter-example : Explain briefly (in a few sentences) whether each statement is true or false, and give an example or counter-example.
The country for employee relocation guide : The advantages of living in a particular city or are of the country for an employee relocation guide.
Explain competitive advantage this online strategy affords : Explain the competitive advantage this online strategy affords Walmart.
What is the difference between salam and saraf : What is the difference between Salam and Saraf? What are the requirements of salam stated in the narration of Prophet?
Require a one world government : The world is increasingly moving towards a one world economy which would require a one world government. Do you think this is a good or bad thing?
You think best-cost strategy could be successful : What is an example of an industry where you think a best-cost strategy could be successful?
What is relationship-relevance to business globalization : How are information systems transforming business and what is their relationship/relevance to business globalization in general.

Reviews

Write a Review

Operation Management Questions & Answers

  The annual sales and average stock

The annual sales and average stock of this item is 10000 units and 1600 units, respectively; while the carrying cost is 20 percent of its acquisition cost.

  Co-curricular activities in school in fulfilling these urges

Discuss the role of co-curricular activities in school in fulfilling these urges.

  What is mental accounting and how does it impact consumer

As a marketer, how might you frame certain decisions to benefit from the disparities that arise in one's cognitive accounting?

  Large consumer products manufacturer

You are CEO of a large consumer products manufacturer and you are meeting with your strategic planning team.

  Challenges to support legacy systems

Challenges to support legacy systems, break-fix build and maintain an agile infrastructure while simultaneously implementing new systems and upgrades.

  Compare two different real world examples of forecasting

Compare two different real world examples of forecasting. What criteria would your organization consider when deciding whether to enter a new market.

  Calculate the annual holding cost plus the annual ordering

A . Calculate the annual holding cost plus the annual ordering cost to get the total annual cost when using an order quantity of 200 boxes. B. Calculate the EOQ and the total annual cost for this order.

  Climate change policies can focus on changing behaviors

Climate change policies can focus on changing behaviors or changing technology.

  Identify three activity or productivity metrics

Identify three activity or productivity metrics from your workplace. They can be your own responsibilities or those of your whole department.

  Sell five railroad cars of wheat to global supplies

Mills, grain distributor, sent offer to sell five railroad cars of wheat to Global Supplies,must Global submit its claim to Commercial Arbitration Association

  Characteristics of a manufacturing process

Please explain in detail and provide references: 1.) What are the characteristics of a manufacturing process?

  Constructive from the leaders perspective

Not all group norms are positive or constructive from the leader's perspective. If a group holds counterproductive norms, what should the leader do?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd