Wal-Mart

In todays world it is almost undoable to run a company successfully without the help of advance(a) technology. This is especially true in retail companies where there is a great need for supply and demand. Technology has been an area of strong focus in retail industries as a focus to accomplish goals. Improvement has been made in areas such as supply chain management, inventory, management, customer experience, and loss prevention. Wireless technology, permitting chat between people and devices anywhere and without cables, has enabled the dramatic transformation of line of merchandise processes in the past, and continues to do so (¶ 1, Green).
Main Purpose
The solve of the paper is to show how large retail companies benefit from proficient advances. Wal-Mart a popular retail chain for one full point shop and known for its everyday low prices has many suppliers, locations, and employees. By keeping prices low and shelves well stocked using a legendary inventory replenishment system, Wal-Mart became the leading retail billet in the United States. (p.98, Laudon). Large chains such as Wal-Mart have many store locations which have thousands of transactions periodic and now with the help of the internet customers have the convenience of shopping online.



Wal-Mart…is (already) recognized by retail industry analysts as having the better information systems for basic inventory and supply management. Wal-Marts bellicose adoption of information technology to improve
2

logistics and back- take outice efficiency has as well as been a major driver of productivity (¶ 2, Hand). With so such(prenominal) going on it is important for the retail to keep running play of items going in and out of the stores and warehouses so that items can be replenished and stay in stock.
Background of the Company
Currently, Wal-Mart accounts for 9% of retail gross sales in the world. Few companies
necessity their products to be left off Wal-Marts shelves (p.44, Thornton). The first Wal-Mart store was opened in 1962...If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper