Implementation And Evaluation Of Supply Chain Management

IMPLEMENTATION AND EVALUATION OF SUPPLY CHAIN MANAGEMENT WITHIN WAL MART CONTENTS INTRODUCTION 1- SUPPLY CHAIN MANAGEMENT – DEFINITION 2- REQUIRED PLANNING FOR THE SUCCESSFUL IMPLANTATION OF SUPPLY CHAIN MANAGEMENT 3- IMPLEMENTATION AND EVALUATION OF SUPPLY CHAIN MANAGEMENT WITHIN WAL MART 3-1 Procurement and Distribution 3-2 Logistics Management 3-3 Inventory Management 3-4 The Reaped Benefits CONCLUSION REFERENCES INTRODUCTION Wal Mart is considered one of the largest private sectors in the entire world, with employees’ strength of around 2 million. Wal Mart was able to achieve its leadership status, based the retain industry, simply because of its implementation of the technique of Supply Chain Management. This paper sheds the light on the concept of Supply Chain Management (SCM), while analyzing the case of Wal Mart and its successful implementation of such critical concept. 1- SUPPLY CHAIN MANAGEMENT – DEFINITION Wisner and Choon (2000) defined Supply Chain Management (SCM) as an integration of the physical and the logistics distribution activities, in particular by the efforts of the retailers, manufacturers, and wholesalers to such effectively integrate buying and supplying with other functions in the organization. Notwithstanding, no general definition of SCM has been neither accepted, nor general understanding regarding such way by which supply chain management might influence on the organizational characteristics and practices. Inventory,Show MoreRelatedThe Supply Chain Management Process1732 Words   |  7 PagesIntroduction The processes involved in the supply chain are very critical to the business organization. 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