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Can Walmart Integrate Values with Value - Essay Example

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The author of the paper "Can Walmart Integrate Values with Value?" tells that some of the major reasons for Walmart’s staggering growth and continuing dominance in the retail industry are its use of information technology, effective employee relations, and low prices.  …
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Can Walmart Integrate Values with Value
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Walmart is one of the world’s largest public corporations and employs over 2 million people worldwide. Walmart’s state-of-the-art IT systems make it easier to see how well different products are doing globally as well as locally. Their IT systems also promote efficient procurement of products and help to constantly maintain accurate inventory levels.

Additionally, Walmart invests time and money into developing and retaining employees. And, of course, they have an advantage in that they are known for offering the lowest prices around. Although a very successful corporation, Walmart does have some weaknesses and challenges. One weakness is that because they have expanded into so many different areas they may lose out to competitors who are more narrowly focused and specialized. They also only have a presence in relatively few countries in addition to the U.S.Yet the fact that Walmart doesn’t have a dominant presence in other countries means that the opportunity to obtain a larger presence in these countries still exists.

So even though Walmart is large, there are still opportunities for expansion. One threat to Walmart is that being number one means that you always have a target on your back, so to speak. There will always be competition and price wars with Walmart both locally and globally. Amazon.com, for example, poses a threat to Walmart because they are known for having the lowest prices around as well. Also, the gap that Walmart used to have on low-cost manufacturing is closing and other stores are now able to manufacture for less as well (Marketingteacher.com, 2010).

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