The top-level executives at Wal-Mart must perform an analysis to identify strengths and weaknesses in their supply chain, and choose a suitable course of action. Below is a list of weaknesses, which includes some that were previously identified in a SWOT analysis. However, to simplify decision-making regarding specific actions, they are briefly listed. These weaknesses include:
1. Poor management of inbound logistics, leading to items going out of stock on one side and inventory piling up on the other.
2. Insufficient staff causing long wait times at checkout counters, leading to consumer dissatisfaction.
3. While price-conscious consumers are satisfied with low-priced goods, competitors like Kroger and Target provide better ambience and facilities that Wal-Mart lacks.
4. The current product array and positioning do not appeal to the middle-income groups.
5. Customers are unhappy with the lack of attention they receive whe
n picking up or returning goods.
6. The outdated appearance of Wal-Mart stores may deter customers seeking quality.
7.The human resources department at Wal-Mart appears to be disgruntled, as evidenced by the numerous lawsuits filed against the company citing overworking, underpayment, gender discrimination, and more. Additionally, Wal-Mart's focus on low prices results in poor ratings for process innovation and new product launches. The procurement function also falls short, leading to a limited merchandise selection and high inventory levels. To address these issues, Wal-Mart should expand into emerging markets, utilizing their size and bargaining power to offer low-priced products. Within the United States, Wal-Mart should create stores with different positioning strategies like Super-center and Sam's Club to cater to various income brackets. It is also important for the company to be socially responsible in order to avoid criticis
and backlash regarding employment practices and compensation, which are reflected in the high number of lawsuits from staff and public interest groups.
- Chief Executive Officer essays
- Convenience Store essays
- Firm essays
- Training And Development essays
- Unilever essays
- Variable Cost essays
- Virgin Group essays
- Bargaining essays
- Entity essays
- Pest analysis essays
- John Locke essays
- 9/11 essays
- A Good Teacher essays
- A Healthy Diet essays
- A Modest Proposal essays
- A&P essays
- Academic Achievement essays
- Achievement essays
- Achieving goals essays
- Admission essays
- Advantages And Disadvantages Of Internet essays
- Alcoholic drinks essays
- Ammonia essays
- Analytical essays
- Ancient Olympic Games essays
- APA essays
- Arabian Peninsula essays
- Argument essays
- Argumentative essays
- Art essays
- Atlantic Ocean essays
- Auto-ethnography essays
- Autobiography essays
- Ballad essays
- Batman essays
- Binge Eating essays
- Black Power Movement essays
- Blogger essays
- Body Mass Index essays
- Book I Want a Wife essays
- Boycott essays
- Breastfeeding essays
- Bulimia Nervosa essays
- Business essays
- Business Process essays
- Canterbury essays
- Carbonate essays
- Catalina de Erauso essays
- Cause and Effect essays
- Cesar Chavez essays
