SlideShare a Scribd company logo
1 of 13
Wal-Mart:What the Template Business of Global Capitalism Might Reveal About the POST-Post-Fordist Future
Walmart: A brief history Founded 1962 in Bentonville, Arkansas by Sam Walton Incorporated 1969, and went public in the New York Stock Exchange (as WMX) in 1972.  First store in Bentonville, AK Changes in Walmart Logo 1962-present
Walmart Today, A Snapshot: Worlds LARGEST: Public corporation, EVER Private employer  15% market share of ALL general merchandise and food sold. In the US: Over 11% share of total GDP
Criticisms of Walmart Negative Environmental Impact Resistance to union representation Sexism Pressures on employees to vote for specific parties during national elections.  Extensive foreign product sourcing (70%!)  Low rates of employee health insurance enrollment(dependence upon government healthcare programs)
Criticism with Humor
Overview of Analysis Walmart has grown beyond the scale and influence of any business the world has ever seen Walmart as trendsetter and market-MAKER Now functions more as global commodity chain and logistics operation  Can influence market faster and more directly
If…Then…SO… In examining Walmart’s business practices,  recent initiatives, and forthcoming plans, we can gain insight into the future direction of the global economy. Allen Scott’s notion of “Flexible Production Regime Harvey’s notion of “Creative Destruction”
“Always Low Prices”:Making Penny Pinching the World Business Standard Walmart requires all suppliers to submit to strict efficiency standards to cut costs in: Production processes  Product design  Materials/Packaging  Labor  Transportation  “Plus One” Principle Requires that every year suppliers must cut costs or improve quality “Retail Link” Collects POS data from around the world and made available to suppliers Enhances sensitivity to consumer trends-  “micro-marketing”
Logistics Revolution and “Lean Retailing” Characteristics of Lean Retailing: UPC tags and scanning devices Computerized Inventory Management Automated Distribution Centers Adoption of communication standards throughout supply chain Logistics Revolution: 70’s+ ,[object Object],Left: Workers posing at a Walmart distribution center
~SeEinGtHeFuTuRe ~(maybe) Walmart and the Sustainability Index As a market-MAKER, Walmart’s actions set the standards in the global supply chain.  What could Walmart’s plans for creating a “Sustainability Index” and product “Life Cycle Database” suggest about the future of the global economy?
Sustainability Index Specifics Walmart will provide each of its 100,000 global suppliers with a survey of 15 questions to evaluate their sustainability. Will develop a rating system that will be visible to consumers on all products.  The questions  and rating system are divided into four areas:  Energy and Climate, Natural Resources, Material Efficiency and “People and Community “ -Walmart Corporate Sustainability Index Fact Sheet
Natural Capitalism& Implications for the Future  Walmart being Walmart, if it implements this index, the rest of the retail industry will follow Will change consumer spending habits and consequently reshape supply chain Sustainability efforts are in line with characteristics of Natural Capitalism ------------------------
After Higher Standards Will Walmart’s requirement of higher environmental standards for their suppliers have a positive spillover effect for other problematic parts of the supply chain?   Let’s hope so.

More Related Content

Similar to Walmart and Natural Capitalism

59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
taishao1
 
Walmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docxWalmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docx
melbruce90096
 
p a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docxp a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docx
alfred4lewis58146
 
1Company Overview Walmart Inc is an American multinat
 1Company Overview Walmart Inc is an American multinat 1Company Overview Walmart Inc is an American multinat
1Company Overview Walmart Inc is an American multinat
MargaritoWhitt221
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
BHANU281672
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
uoni
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
uoni
 
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & HuongElite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Khai Pham
 

Similar to Walmart and Natural Capitalism (19)

eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
 
Walmart
WalmartWalmart
Walmart
 
Walmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docxWalmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docx
 
p a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docxp a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docx
 
1Company Overview Walmart Inc is an American multinat
 1Company Overview Walmart Inc is an American multinat 1Company Overview Walmart Inc is an American multinat
1Company Overview Walmart Inc is an American multinat
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
 
NABU Socials - A New Marketing Era
NABU Socials - A New Marketing EraNABU Socials - A New Marketing Era
NABU Socials - A New Marketing Era
 
Walmart
WalmartWalmart
Walmart
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
 
Walmart Stores
Walmart StoresWalmart Stores
Walmart Stores
 
Walmart Technology Strategy
Walmart Technology StrategyWalmart Technology Strategy
Walmart Technology Strategy
 
Wal-Mart Essay Pros
Wal-Mart Essay ProsWal-Mart Essay Pros
Wal-Mart Essay Pros
 
New microsoft office power point presentation
New microsoft office power point presentationNew microsoft office power point presentation
New microsoft office power point presentation
 
Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012
 
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & HuongElite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams? Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?
 

Recently uploaded

Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
LR1709MUSIC
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
CaitlinCummins3
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
CaitlinCummins3
 
Contact +971581248768 for 100% original and safe abortion pills available for...
Contact +971581248768 for 100% original and safe abortion pills available for...Contact +971581248768 for 100% original and safe abortion pills available for...
Contact +971581248768 for 100% original and safe abortion pills available for...
DUBAI (+971)581248768 BUY ABORTION PILLS IN ABU dhabi...Qatar
 

Recently uploaded (20)

PALWAL CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN PALWAL ESCORTS
PALWAL CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN PALWAL ESCORTSPALWAL CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN PALWAL ESCORTS
PALWAL CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN PALWAL ESCORTS
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Solar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdfSolar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdf
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
 
How does a bike-share company navigate speedy success? - Cyclistic
How does a bike-share company navigate speedy success? - CyclisticHow does a bike-share company navigate speedy success? - Cyclistic
How does a bike-share company navigate speedy success? - Cyclistic
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
 
The Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and UncertaintyThe Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and Uncertainty
 
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDEJAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDE
 
UJJAIN CALL GIRL ❤ 8272964427❤ CALL GIRLS IN UJJAIN ESCORTS SERVICE PROVIDE
UJJAIN CALL GIRL ❤ 8272964427❤ CALL GIRLS IN UJJAIN ESCORTS SERVICE PROVIDEUJJAIN CALL GIRL ❤ 8272964427❤ CALL GIRLS IN UJJAIN ESCORTS SERVICE PROVIDE
UJJAIN CALL GIRL ❤ 8272964427❤ CALL GIRLS IN UJJAIN ESCORTS SERVICE PROVIDE
 
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deck
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deckPitch Deck Teardown: Goodcarbon's $5.5m Seed deck
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deck
 
Learn How To Start Buy Verified Payoneer Accounts
Learn How To Start Buy Verified Payoneer AccountsLearn How To Start Buy Verified Payoneer Accounts
Learn How To Start Buy Verified Payoneer Accounts
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdfProgress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
 
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptxGoal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
 
Contact +971581248768 for 100% original and safe abortion pills available for...
Contact +971581248768 for 100% original and safe abortion pills available for...Contact +971581248768 for 100% original and safe abortion pills available for...
Contact +971581248768 for 100% original and safe abortion pills available for...
 
SCI9-Q4-MOD8.1.pdfjttstwjwetw55k5wwtwrjw
SCI9-Q4-MOD8.1.pdfjttstwjwetw55k5wwtwrjwSCI9-Q4-MOD8.1.pdfjttstwjwetw55k5wwtwrjw
SCI9-Q4-MOD8.1.pdfjttstwjwetw55k5wwtwrjw
 
Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024
 

Walmart and Natural Capitalism

  • 1. Wal-Mart:What the Template Business of Global Capitalism Might Reveal About the POST-Post-Fordist Future
  • 2. Walmart: A brief history Founded 1962 in Bentonville, Arkansas by Sam Walton Incorporated 1969, and went public in the New York Stock Exchange (as WMX) in 1972. First store in Bentonville, AK Changes in Walmart Logo 1962-present
  • 3. Walmart Today, A Snapshot: Worlds LARGEST: Public corporation, EVER Private employer 15% market share of ALL general merchandise and food sold. In the US: Over 11% share of total GDP
  • 4. Criticisms of Walmart Negative Environmental Impact Resistance to union representation Sexism Pressures on employees to vote for specific parties during national elections. Extensive foreign product sourcing (70%!) Low rates of employee health insurance enrollment(dependence upon government healthcare programs)
  • 6. Overview of Analysis Walmart has grown beyond the scale and influence of any business the world has ever seen Walmart as trendsetter and market-MAKER Now functions more as global commodity chain and logistics operation Can influence market faster and more directly
  • 7. If…Then…SO… In examining Walmart’s business practices, recent initiatives, and forthcoming plans, we can gain insight into the future direction of the global economy. Allen Scott’s notion of “Flexible Production Regime Harvey’s notion of “Creative Destruction”
  • 8. “Always Low Prices”:Making Penny Pinching the World Business Standard Walmart requires all suppliers to submit to strict efficiency standards to cut costs in: Production processes Product design Materials/Packaging Labor Transportation “Plus One” Principle Requires that every year suppliers must cut costs or improve quality “Retail Link” Collects POS data from around the world and made available to suppliers Enhances sensitivity to consumer trends- “micro-marketing”
  • 9.
  • 10. ~SeEinGtHeFuTuRe ~(maybe) Walmart and the Sustainability Index As a market-MAKER, Walmart’s actions set the standards in the global supply chain. What could Walmart’s plans for creating a “Sustainability Index” and product “Life Cycle Database” suggest about the future of the global economy?
  • 11. Sustainability Index Specifics Walmart will provide each of its 100,000 global suppliers with a survey of 15 questions to evaluate their sustainability. Will develop a rating system that will be visible to consumers on all products. The questions and rating system are divided into four areas: Energy and Climate, Natural Resources, Material Efficiency and “People and Community “ -Walmart Corporate Sustainability Index Fact Sheet
  • 12. Natural Capitalism& Implications for the Future Walmart being Walmart, if it implements this index, the rest of the retail industry will follow Will change consumer spending habits and consequently reshape supply chain Sustainability efforts are in line with characteristics of Natural Capitalism ------------------------
  • 13. After Higher Standards Will Walmart’s requirement of higher environmental standards for their suppliers have a positive spillover effect for other problematic parts of the supply chain? Let’s hope so.