Wednesday, March 06, 2013

Wal-Mart



  • The largest discount retailer in the world and started out as a small chain of stores in rural towns.
  • Wal-Mart has 8,500 stores in 15 countries, under 55 different names.
  • There is a good business opportunity for Industries, farmers, traders in India to become vendors to Walmart.But to corner the opportunity, one needs to understand the supply chain management involved
  • Wal-Mart turned to technology, first for collecting and analyzing sales data and then for transmitting orders to suppliers with electronic data interchange.
  • While comparing with competing retail outlets, Wal-Marts sell a wide array of products at lower prices.
  • Wal-Mart is a Spreading business to more than one country & profitable but requires high expertise and a strong financial.

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