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Information systems in walmart

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Management Information Systems in Retal Sector Walmart----by Nitin Boratwar IMT Nagpur

Management Information Systems in Retal Sector Walmart----by Nitin Boratwar IMT Nagpur

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  • 1. INFORMATION SYSTEMS IN RETAIL SECTOR Presented by: Nitin Boratwar 2013179 Palak Jain 2013185 Prateek Jain 2013208 Priyadarshi Tondon 2013211 Section-D Today’s information systems professional is less concerned with programming and more concerned with pairing industry knowledge with technology knowledge to achieve strategic goals and make positive change in an organization. -- Michael Cincala, Manager at Deloitte & Touche
  • 2. AGENDA • Introduction • Company goals and objectives • Functionalities • Strategies • TPS • MIS • DSS • Security • Managerial Learning
  • 3. INTRODUCTION • US based Retail giant • Established in 1962 by Sam Walton • Every week 245 million customers ,11000 stores in 27 countries • E-commerce websites in 10 countries • 2.2 million employees • Sales $466 billion • Ranked 1st in Retail chain sector by Fortune 500 ( Source : CNNMoney)
  • 4. WALMART’S GOALS AND OBJECTIVES • "Saving people money so that they can live better" • “One-size-fits-all" merchandising strategy • Customers shop anytime • Personalized shopping experience • Big data, social and mobile • Faster is Better: How They're Optimizing Walmart.com
  • 5. FUNCTIONALITIES • The company does business in nine different retail formats: supercenters, food and drugs, general merchandise stores, bodegas (small markets), cash and carry stores, membership warehouse clubs, apparel stores, soft discount stores and restaurants. • Suppliers • Inventory system • Own warehouses
  • 6. STRATEGIES • Information technology • Cost Leadership and Differentiation • Efficient Communication Network • Efficient Operations Management • Wal-Mart U.S. also use Facebook and other social media to drive sales. • Expansion • Same-day delivery services in some U.S. cities, one of many tactics being used to try to counter competition from Amazon.com
  • 7. TRANSACTION PROCESSING SYSTEMS IN WALMART
  • 8. summarizing recording merging the data TPS IN WALMART • Ordinarily automates routine and repetitive tasks • Input of TPS is raw data
  • 9. UNIVERSAL PRODUCT CODE Ensure accurate pricing Improve efficiency Reduce Shrinkage Improve communications
  • 10. SATELLITE SYSTEM AND ELECTRONIC SCANNING OF UNIFORM PRODUCT CODE (UPC) AT THE POS
  • 11. Management Information System MIS is the system provides the actual performance report of the company that use in middle management, which created based on the data from TPS. You tube Video Link: https://www.youtube.com/watch?v=pslC1USzVGo
  • 12. Information System generated Report of Walmart
  • 13. DSS Walmart implemented a number of strategies of DSS in 1990 Example: Retail Link and sales data warehouse Walmart started analysing the details of Items and their costs and implementing these data at entry level in 1997. Example: Drastic Change in Merchandising decisions which helped Walmart to touch skylimts in terms of profit and customer satisfaction
  • 14. Electronic Date Interchange -EDI- 1.Forecasting 2.Planning 3.Replenishing 4.Shipping applications Walmart started using EDI and Satellite system which was later on intimated by its competitor Kmart Satellite System network of Walmart
  • 15. Security How Walmart Protect Customers Privacy Safe Shopping at Walmart.com Verified by Visa
  • 16. Securit y
  • 17. Managerial Learning Modern businesses operate in a challenging environment with rapid economic, political, and technological changes. Organizations must be able to manage innovation to thrive and also adapt quickly to unexpected shifts in markets.