A presentation on Walmart. Walmart is one of the biggest e-commerce in the world. At Walmart, there is everyday low prices on a broad. Learn how the company achieves that from the PPT.
A presentation on Walmart. Walmart is one of the biggest e-commerce in the world. At Walmart, there is everyday low prices on a broad. Learn how the company achieves that from the PPT.
Walmart* have done tremendous work on supply chain management. One of the
keys to Walmart’s effective logistical system is the flexibility that it has when
choosing suppliers.
When Walmart negotiates with suppliers and the suppliers know that Wal-Mart
will only pay the most competitive prices. This is because it is very easy for them
to find another supplier of that particular material with a lower price and very few
logistical problems
Another reason that Walmart's prices are so competitive is because they buy in
such large quantities that transportation from one end of the supply chain to
another is not as costly for additional units. Here they focus on bulk and get profit
out of it
This aspect of the logistical system does not come from skill or expertise it simply
comes from the sheer size of the company, but this is still a factor.
Walmart buys so many supplies from different places throughout the world, that
they have the luxury of using bigger trucks and using less fuel to go back and forth.
Also if by chance they have to use shipping services to transport material from one
location to another, Walmart will give them so much business that they will get
huge discounts.
Prepared By Dharmik
Introduction to Wal-Mart
An American public corporation that runs a chain of large discount department stores & warehouse stores.
World's largest public corporation by revenue.
Largest private employer in the world.
Fourth largest utility or commercial employer.
Largest grocery retailer in the United States.
Largest toy seller in the United States.
World’s biggest retailer.
This presentation has some basic and some unknown facts about Walmart which are very informative. This will help you to know about the internal & external factors. Some important points related to the opportunities of Walmart.
Please Like and Comment.
Your suggestions are welcome.
If require Presentation on any topic can contact me at Email ID- aryahanshul@gmail.com
WalMart's Global Strategies. This Power Point Presentation was prepared for MGT 340 Class at Pace University.
This Presentation will help you answer the following questions:
What was Walmart’s early global expansion strategy? Why did it choose to first enter Mexico and Canada rather expand into Europe and Asia?
What cultural problems did Walmart face in some of the international markets it entered? Which early strategies succeeded and which failed? Why? What lessons did it learn from its experience in Germany and Japan?
How would you characterize Walmart’s Latin American strategy? What countries were targeted as part of this strategy? What potential does this region brings to Walmart’s future global expansion? What cultural challenges and opportunities has Walmart faced in Latin America?
What group of countries will be targeted for Walmart’s future growth? What are the attractiveness and risk profiles of these countries? What regions of the world do you think will be vital for Walmart’s future global expansion?
Walmart* have done tremendous work on supply chain management. One of the
keys to Walmart’s effective logistical system is the flexibility that it has when
choosing suppliers.
When Walmart negotiates with suppliers and the suppliers know that Wal-Mart
will only pay the most competitive prices. This is because it is very easy for them
to find another supplier of that particular material with a lower price and very few
logistical problems
Another reason that Walmart's prices are so competitive is because they buy in
such large quantities that transportation from one end of the supply chain to
another is not as costly for additional units. Here they focus on bulk and get profit
out of it
This aspect of the logistical system does not come from skill or expertise it simply
comes from the sheer size of the company, but this is still a factor.
Walmart buys so many supplies from different places throughout the world, that
they have the luxury of using bigger trucks and using less fuel to go back and forth.
Also if by chance they have to use shipping services to transport material from one
location to another, Walmart will give them so much business that they will get
huge discounts.
Prepared By Dharmik
Introduction to Wal-Mart
An American public corporation that runs a chain of large discount department stores & warehouse stores.
World's largest public corporation by revenue.
Largest private employer in the world.
Fourth largest utility or commercial employer.
Largest grocery retailer in the United States.
Largest toy seller in the United States.
World’s biggest retailer.
This presentation has some basic and some unknown facts about Walmart which are very informative. This will help you to know about the internal & external factors. Some important points related to the opportunities of Walmart.
Please Like and Comment.
Your suggestions are welcome.
If require Presentation on any topic can contact me at Email ID- aryahanshul@gmail.com
WalMart's Global Strategies. This Power Point Presentation was prepared for MGT 340 Class at Pace University.
This Presentation will help you answer the following questions:
What was Walmart’s early global expansion strategy? Why did it choose to first enter Mexico and Canada rather expand into Europe and Asia?
What cultural problems did Walmart face in some of the international markets it entered? Which early strategies succeeded and which failed? Why? What lessons did it learn from its experience in Germany and Japan?
How would you characterize Walmart’s Latin American strategy? What countries were targeted as part of this strategy? What potential does this region brings to Walmart’s future global expansion? What cultural challenges and opportunities has Walmart faced in Latin America?
What group of countries will be targeted for Walmart’s future growth? What are the attractiveness and risk profiles of these countries? What regions of the world do you think will be vital for Walmart’s future global expansion?
This is our Principle of practices and management presentation which we gave in our pgdm program at srms ibs, lucknow. i would like to thnk our professor ekta mam and my group members
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4. INTRODUCTION TO
WALMART
• An American public corporation that runs a chain of
large discount department stores & warehouse stores.
• World's largest public corporation by revenue.
• Largest private employer in the world.
• Fourth largest utility or commercial employer.
• Largest grocery retailer in the United States (20%).
• Largest toy seller in the United States (22%).
• World’s biggest retailer.
5
5. WALMART AT A GLANCE
: Arkansas, USA (1962) by SamWalton.• Founded
• Headquarters : Bentonville, Arkansas, U.S.A.
6
6. WALMART AT A GLANCE
• Products : Discount Stores, Super centers, Neighborhood Markets.
7
7. WALMART AT A GLANCE
: US$ 485.65 billion (Jan 31, 2015).
: US$ 16.36 billion (Jan 31, 2015).
• Revenue
• Net Income
• Total Assets : US$ 204.75 billion (2014).
• Total Equity : US$ 76.25 billion (2014).
8
8. WALMART AT A GLANCE
Slogans:
o The Lowest Prices. Guaranteed!
o Save Money, Live Better
o We Sell For Less Everyday!
10
9. COMPANY OVERVIEW
• Founded by Sam Walton in 1962
• Incorporated on October 31, 1969.
• Publicly traded on the New York
Stock Exchange in 1972.
• Walmart operate retail stores in
various formats across the world.
11
11. HISTORY OF WALMART
o 1918: Born in a farmer’s family in Kingfisher, Oklahoma.
o 1940: Graduated from the University of Missouri.
o 1950: Gave up job and opened his first store in Arkansas.
o 1962: Walten Brothers opened fist Walmart in Arkansas.
12. • 1970: Walmart became public.
• 1990: 1st National retailer.
• 1991: International Expansion.
15
HISTORY OF WALMART
13. o 1993: Creation of “Great Value”.
o 2003: Largest corporation in the world.
o 2012: 50th Anniversary.
16
HISTORY OF WALMART
14. BUSINESS DESCRIPTION
• Dry and wet grocery
• Beverages
• Frozen food
• Jewelry etc.
Products
• Photo processing service
• Cellular service plan
• Money order services
Services
• Walmart
• Great value
• Sam’s choice
Brands
17
18. THE CORPORATE STRATEGY
Sam Walton gave 3 Policy Goals to define Wal-Mart's
business:
Respect for
the
Individual
Service to
Customers
Strive for
Excellence
30
19. STRATEGIC GOALS
Three successful elements and a fourth element of Walmart
strategy formulation:
1. Dominate the Retail Market wherever Wal-Mart has a
presence.
• Wal-Mart is primarily a discount retailer.
• Lowering the markup, and earn profit on the
increased volume of sales.
• Competitiveness of every unit.
32
20. STRATEGIC GOALS
2. Growth by expansion in the US and Internationally.
• Gain entry into a nation by Corporate Takeover of a
national retailer. Once the company is bought, Wal-
Mart converts the stores into Wal-Mart stores.
3. Create widespread name recognition and customer
satisfaction with the Wal-Mart brand, and associate the
retailer with the reputation of offering the best prices.
• The company accomplishes this through television
advertising campaigns and newspaper adverts.
• The company engages in partnerships and co-
branding.
33
21. STRATEGIC GOALS
4. Branching out into new sectors of retailing such as
pharmacies, automotive repair, and grocery sales.
• Move into the grocery store business with its new
"Neighborhood Markets."
34
22. COMPETITIVE STRATEGY
• Low Cost Leadership. The
giant retailer prides itself on
providing customers with low-cost
items that beat competitors.
• Differentiation Strategy. Wal-
Mart uses the differentiation strategy
to succeed by creating a product or
service unique to customers. Wal-
Mart has achieved this strategy by
offering unique warranties and
thebrand images exclusive to
store.
35
23. COMPETITIVE STRATEGY
• The company's competitive strategy is to dominate every
sector where it does business.
• It measures success in terms of sails and dominance over
competitors.
• Sell goods at low prices, outsell competitors, and to expand.
• To build more stores, make existing stores bigger, and to
expand into other sectors of retail.
• Every step of the way, it strives to make money and dominate
its competitors, to the point of putting some competitors out
of business.
36
24. BUSINESS STRATEGY
• Low Cost Leadership Strategy: Walmart’s value
proposition is based on offering Everyday Low Price (EDLP).
This is the core of Walmart’s Business Model and the rest of
the key features of Walmart’s Business Model are aligned to
keep the everyday low price.
• Pressure Over Vendors: To deliver low price, Walmart
exchanges information on sales and inventory levels based
on “Vendor Partnership” concept. It has its own distribution
channel which is a major distribution channel for many
vendors.
37
25. BUSINESS STRATEGY
Investment in Technology:
Walmart invested heavily on technology
enhance communication
headquarters, stores,
to help
between
vendors. As a result inventory
and
costs
decreased and inbound logistics
became more efficient.
Human Resource Policy: Walmart
was recognized as one among 100 best
companies to work for in America. It
used to offer a percentage of store profit
as incentives to store managers.
38
26. BUSINESS STRATEGY
Location Selection: Walmart
focused
ignored
on rural suburban areas
by other companies.
Establishing stores close to distribution
center, it developed a dense distribution
network that allowed the firm to spread
costs and exploit economies of density.
Product Selection: Walmart gives
selection. It offers grocery items
its customers a wide range of
in
super centers. Sam’s club caters to the
wholesale purchase need of customers.
39
27. BUSINESS STRATEGY
Cost Consciousness: Walmart developed a
conscious culture
cost
costs
whenever possible.
for the company to reduce
It controlled costs by systematic
elimination of superfluous expenses.
Customer Service: Walmart implemented policies to
create friendly shopping environment for customers. It started
its “Aggressive Hospitality” program in 1984, where
customers were received by “people greeters” and they
enjoyed benefits such as extended opening hours, free
parking, no hassle refund and exchange policies, speedy
checkout lanes, wider aisles, and clean stores.
40
28. PRACTICES FOLLOWED
• Aggressive Hospitality.
o Using door-greeters.
o Patriotic themes and displays in stores.
o Compels its staff to engage in morning cheers.
41
29. PRACTICES FOLLOWED
• Affiliations with Charities. The United
Way and Children's Miracle Network.
• Sundown Rule. All customer and
supplier requests or queries must be
reasonably answered within 24 hours by
all employees.
• Ten Foot Rule. Store employees must
greet, smile, and attend to a customer in
a store when within 10 feet of them.
42
30. BUSINESS STRATEGY
• The company uses its size, financial
power, immense resources to
dominate retail.
• The power and size of the company
enables it to realize its goals with
ruthless efficiency.
• The strategy is very clear and
direct. It was put into place in the
1960's by Sam Walton, and refined
over the decades.
43
31. WALMART GROWTH
STRATEGY
growth ofMaintain current net sales
approximately 12 percent per year.
Expand into international markets that have
large population centers.
Increasing the overall efficiency of the
organization by reducing operating costs or
cost of goods sold.
44
32. SWOTANALYSIS
Strengths
Weakness
• Self Cannibalization.
• Involvement in numerous legal
issues.
• Continuous product recall.
• Community relations problem.
• Powerful retail brands, large
scale of operation worldwide.
• One Stop Retail.
• Strategic business programs.
• Efficient working capital
management.
Opportunity
• Global food safety initiative
standard.
• Increasing demand of online
sales.
• Increasing opportunity in
growing economy.
Threats
• Intense competition.
• Price matching program by
target.
• Foreign currency fluctuation.
46
36. KEY SUCCESS FACTORS
Economies of
Scale
Supply Chain
with
Integrated
Technology
Superior
Logistics
Systems
Decentralized
Operations
Every Day
Low Prices
60