General Strategy and Values
Distribution and Technology
Wal-Marts distribution was a very important strategic point for growth. With Walton’s distribution systems gave him one of his greatest competitive advantages. Distribution was very important to Walton because of his saving and flexibility of controlling distribution. With his private fleet of trucks and distributions centers set up everywhere. Walton set costs to run less than 3 percent to ship goods to his stores. With his competitors shipping costs between 4.5 to 5 percent for the same goods. With these savings meant even lower prices for the consumers. Technology at first for Walton had a great uncertainty, but eventually he gave in and went with it. With new technology helped him move way out front of the industry in both communication and distribution. Walton was always still convinced that technology are just tools and people in the system are primary responsible for the customers.
Store Visit Comparison
With my experiences at Wal-Marts have been much the same to what the book explains. I have shopped there many times for anything and everything for college. I love having Wal-Mart in every town I visit so I know if I need anything anytime 24hours a day I can go get it. In today’s Wal-Mart atmosphere I see it to remain the same to what Walton had build in the past. I feel Wal-Mart is an important part of any town anywhere to insure the best prices available to anyone anywhere.
The Essay on The Analysis of the Cost in Logistics Distribution of Wal-Mart Supermarket
... technology and methods. All these methods together may greatly reduce the Wal-Mart’s logistics cost. (BBC news,1999) (2)The advanced distribution mode of operation In Wal-Mart distribution, ... whose name is Sam Walton, in 1962 in Arkansas. After 50 years’ development, Wal-Mart has become one of ... inventory but also the inventory uantity is very important to an enterprise, which needs enterprise itself to ...
Conclusion and Evaluation
What I found enjoyable about this book was the appoarch of one man’s vision to change the whole retail world, as we knew it. For Walton’s strive toward the best possible price on anything for everyone. I would definitely recommend this book for all BADM 01 classes for the future.