Wal-Mart

In todays world it is almost unattainable to run a company success extensivey without the help of advance(a) technology. This is curiously true in retail companies where there is a bang-up need for put up and demand. Technology has been an area of strong focalise in retail industries as a focus to progress to goals. Improvement has been made in areas much(prenominal) as supply chain management, inventory, management, customer experience, and loss prevention. Wireless technology, permitting chat mingled with people and devices anywhere and without cables, has enabled the dramatic transformation of line of swop processes in the past, and continues to do so (¶ 1, Green). Main Purpose The operate of the paper is to show how large retail companies benefit from in force(p) advances. Wal-Mart a popular retail chain for one full point shop and known for its everyday low prices has more suppliers, locations, and employees. By keeping prices low and shelves w ell 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 legal proceeding periodic and now with the help of the internet customers have the convenience of shopping online. Wal-Martis (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) firing 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 extend in stock. Background of the Company Currently, Wal-Mart accounts for 9% of retail rank sales in the world. Few companies nece ssity their products to be left field off Wa! l-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: BestEssayCheap.com

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