The article I found focuses on the
incredible supply chain management that Wal-mart has built up for years.
Through the integration of cutting edge technologies into their infrastructure
and supply chain, Walmart is able to maintain real time tracking of their
inventory, predict future demand of their inventory, and replenish supplies in
individual stores faster then any of their competitors. Walmart helped create a
database called Retail Link (with Bentonville database) to allow them to track
this up to date data. In addition to
this database Wal-mart uses RFID technologies to help feed all their data to
their database.
This article highlights many
different strategies that Walmart employs in order to maintain their state of
the art supply chain. Walmart has developed one of the largest technological
infrastructures of any private corporation. Walmart was the first company to
implement a Universal Product Code, which allowed the company to immediately
upload all sales data and analyze the data instantly. This also allowed Walmart
to upload their information to their central database for a more comprehensive understanding
of the company’s total sales. The next information technology tool that the
article discusses is Walmart’s introduction of Retail Link. Retail Link
directly uploads real time sales data and inventory shipping from local
Walmarts and Walmart distribution centers, to their data analytics department
so that they can ensure products (and types of products) can constantly be kept
stocked on shelves and in proper supply. Other technologies Walmart has
incorporated is RFID technology and smart tags in their supply chain. By
incorporating these technologies into their supply chains employees now have a
better ability to track and keep count of their inventory supplies and know
what products they need to order in order to quickly replenish and restock
their shelves in coordination with their suppliers.
While
reading the article I found that there were some things that the author
overlooked. One important oversight that I found was the integration between
Walmart’s technology and the technology that its suppliers use. Walmart has
encouraged many of its suppliers to switch over to similar technology so that
there would be more compatibility in their systems. Another aspect of IT this
article overlooked is how Walmart incorporates its supply chain technologies
with its drivers. I think its important to understand how their trucks report
and track their inventory real time while its being shipped. The final part
that I feel was overlooked in this article was how Walmart tracks and prepares
to ship its online orders. It is important to understand how they prepare and
track shipments to fulfill their online retail.
https://www.tradegecko.com/blog/incredibly-successful-supply-chain-management-walmart
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.