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Wal-Mart’s Unique Approach to Supply Chain Management
Member rating: No Rating | Words: | Submitted: Mon Jun 06 2005
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Wal-Mart's Unique Approach to Supply Chain Management Retail super-giant Wal-Mart has fought its way to becoming the world's largest company. Much of their success can be attributed to providing a vast assortment of products at exceptional prices all under one roof. Wal-Mart began operations in 1964 and has since become the world leader in retail. Today, Wal-Mart is visited by 138 million customers per week at their 4,750 stores. Wal-Mart operates under four basic rules in order to satisfy such a large number of customers: Respect the individual, provide the best service to their customers, strive for excellence, and exceed customer expectations. Their corporate mission focuses on a global growth strategy through concentrated integration. The company continues to expand its existing discount stores, warehouses, and super-centers. The company maintains two goals: First, Provide the customer with what they want, when they want it, all at value and secondly, team...
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