This ppt is about the Walmart company, it's leadership, it's founder and about it's operations. The details were taken from the internet. The ppt was prepared as part of the academics.
2. FORTUNE 500
An annual list of the 500 largest companies
in the United States as compiled by
FORTUNE magazine that includes both
public and private companies.
The criteria for Fortune 500 list is based on
Revenue
Exxon Mobil, Wal-Mart, General Electric
and Chevron have reached the top spots on
the list in recent years.
To be a Fortune 500 company is widely
considered as a mark of prestige.
6. SAM WALTON’S TEN
COMMANDMENTS OF BUSINESS
1. Commit to your goal
2. Share your rewards
3. Energize your colleagues
4. Communicate all you know
5. Value your associates
6. Celebrate your success
7. Listen to everyone
8. Deliver more than you promise
9. Work smarter than others
10. Blaze your own path
7. EVERY DAY LOW PRICE
1. Sales volume, scope of operation and
wide customer base
2. Supply chain management
3. Minimization of overhead and operational
costs
4. Leveraging of Its bargaining power to force
suppliers to lower prices
8. SALES VOLUME, SCOPE OF OPERATION
AND WIDE CUSTOMER BASE
It sells almost everything, and being present
almost everywhere.
It sells goods through four types of stores:
Discount stores, Wal-Mart Supercenters, Sam's
Club warehouses, and neighborhood markets.
90% of Americans live within 15 miles of a Wal-
Mart store.
Its large volume of sales enables it to make
substantial profits, even in instances where
individual margins on single items may be
slimmer than those of its competitors.
9. SUPPLY CHAIN MANAGEMENT
The goal was to master the art of knowing what it
needed, how much was needed, and when it is needed.
Deals directly with manufacturers.
It has the largest private satellite system that enables the
easy transfer of this information among all participants in
its supply chain process.
Wal-Mart opened stores in small, rural towns first before
entering metropolitan areas. This resulted in lower
operating expenses.
10. MINIMIZATION OF OPERATIONAL COSTS
Its executives reportedly fly coach and share
hotel rooms with colleagues.
The company has even been accused of
demanding that hourly workers put in overtime
without pay.
11. LEVERAGING OF ITS BARGAINING POWER
Many well-known companies rely on Walmart
for more than 20% of their revenue
Wal-Mart, as the number one supplier-retailer of
most of the consumer goods, wields considerable
power over their bottom line and in fact wields
this power over almost all the consumer goods
industries and they force to give goods at
cheaper prices continuously.
12. CURRENT LEADER
The current CEO of Wal-Mart is DOUG McMILLON
CARRER PATH :
1984 – Summer associate at a Wal-Mart Distribution
Center
1990 – Began full-time career working at a Wal-Mart
2006–2009 – President and CEO of Sam's Club
2010–2013 – President and CEO of Wal-Mart
International
2013 – CURRENT - CEO of Wal-Mart
13. ACHIEVEMENTS AT SAM’S CLUB
From 2006 to 2009, McMillan served as
President and CEO of Sam’s Club, an operating
segment of Wal-Mart, with sales of more than
$46 billion annually during his tenure.
Prior to heading Sam’s Club, McMillan held the
role of Executive Vice President of
merchandising and replenishment and helped
drive the renewed focus on small business
owners.
14. ACHIEVEMENT’S AT WAL-MART INTERNATIONAL
During McMillan's tenure, Wal-Mart International grew
revenues by more than $50 billion and added nearly
3,000 stores.
McMillon oversaw acquisitions in markets such as
China, the United Kingdom, Canada, Brazil, Central
America
McMillan also worked to globalize Wal-Mart's “Every
Day Low Prices” strategy and began to implement the
strategy in some of Wal-Mart's International markets