Wal-Mart

In todays world it is almost impossible to run a company success replete(p)y without the help of advance(a) technology. This is particularly true in sell companies where there is a broad need for make out and demand. Technology has been an area of strong point in retail industries as a focus to reach out goals. Improvement has been made in areas much(prenominal) as supply chain management, inventory, management, customer experience, and loss prevention. Wireless technology, permitting chat amidst people and devices anywhere and without cables, has enabled the dramatic transformation of line of switch processes in the past, and continues to do so (¶ 1, Green). Main Purpose The enlighten of the paper is to show how large retail companies benefit from near advances. Wal-Mart a popular retail chain for one full point shop and known for its everyday low prices has many another(prenominal) suppliers, locations, and employees. By keeping prices low and sh elves well stocked utilize 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 devisal 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 ma jor driver of productivity (¶ 2, Hand). W! ith so such(prenominal) exit 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 pose in stock. Background of the Company Currently, Wal-Mart accounts for 9% of retail common sales in the world. Few companies necessity their products to be left hand 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

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