StudentShare solutions
Triangle menu

Operations Management in Action in Wal-Mart - Term Paper Example

Nobody downloaded yet

Extract of sample
Operations Management in Action in Wal-Mart

In addition, Wal-Mart is one of the most financially successful organizations worldwide, as well as topping the list of the biggest private employer companies, having more than two million workers. The Walton family controls up to 48% of Wal-Mart as its founding member was from the said family. Wal-Mart, whose headquarters is in Arkansas, has its shares publicly traded in the New York Stock Exchange since 1972 under the code NYSE: WMT. The company’s main revenue earner is its grocery retailing business, which generates up to 51% of the company’s entire sales. In 2009, for instance, Wal-Mart’s grocery business generated impressive sales of up to $258 billion. In addition to running the Wal-Mart stores, Wal-Mart also operates the Sam’s Club retail warehousing units in the US (Frank, p. 14). Wal-Mart’s Operations Wal-Mart’s operations are based on the divisional structure, which encompasses three distinct divisions that are Sam’s Club, Wal-Mart Stores US and Wal-Mart International. These divisions are then split into different simplistic retail formats that include, among others, food and drugs, apparel stores; supercenters discount stores and general merchandise. While for the most part, Wal-Mart has had successful operations in the UK, South and North America, and China, its operations have been largely unsuccessful in nations such as South Korea and Germany. Wal-Mart has over the last years engaged in massive campaigns aimed at boosting its operations and efficacy by buying off companies such as Vudu, an entertainment company, in 2010. In addition, up to 40% of product range available in Wal-Mart stores comes from private label brands, although Wal-Mart also produces its own goods through contracts with other manufacturers such as Cott Beverages. Wal-Mart’s divisional operation structure entails separate and semi-autonomous divisions within the single corporation. As earlier cited, these include Sam’s Club, Wal-Mart Stores US and Wal-Mart International, Wal-Mart Realty and Superstores. All these divisions have individual goals and missions which are aligned to the overall mission of the entire group. The divisional operation structure of Wal-Mart entails an overall CEO who is also the chairman (Mike Duke) of the board of directors and under him there are directors and managers who oversee operations in individual company divisions. All organizational functions of the company are grouped into divisions, and each division contains all necessary resources it requires. Wal-Mart’s divisional operation design is based on both geographical and product basis where stores in different nations are grouped in a single division and stores dealing in certain products or services are grouped in another division (Stevenson, p. 154). In Wal-Mart’s operations, all divisional managers are tasked with overseeing the daily control and decision-making regarding individual stores. In addition, divisional managers are held accountable for divisions’ success or failures. All divisions have their own sales, marketing, engineering and accounting departments. This operational system is marred by a number of problems that will be highlighted in the subsequent section of this paper. Operations Management Problems Wal-Mart faces a number of critical issues as a result of its divisional opera ...Show more

Summary

Name: Instructor: Course: Date: Operations Management in Action in Wal-Mart Overview of Organization Wal-Mart stores, Inc., popularly referred to as Wal-Mart is a multinational retail corporation founded in 1962, and incorporated in the US in 1969. The company encompasses a massive chain of discount department stores, as well as warehouse stores both in the US and other countries internationally…
Author : elmo31
Operations Management in Action in Wal-Mart essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the term paper on your topic
"Operations Management in Action in Wal-Mart"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Operations Management
The company is also involved in offering infrastructural services for its customers. This infrastructure includes the facilities and structures necessary for the computer hardware and software it manufactures to function (David, 2007). In the line of products and services offered by the company to its customers, is the internet hosting service, where the company operates servers through which other customer organizations access the internet and the e-mail services.
10 pages (2500 words) Term Paper
Operations management
Operation Management ranges from tactical to strategic and operational levels. Strategic issues are inclusive of the determination of location and size and plants for manufacturing, designing of supply chains, and agreeing on telecommunication network or service structure.
10 pages (2500 words) Term Paper
Wal-Mart's German Misadventure - case study
A good financially sound company creating great impact in the domestic market should strive for the global market by diversified globalized marketing strategies. Global marketing is the process of delivering a product with the intension of reaching the international community.
19 pages (4750 words) Term Paper
Wal-Mart Corporation: Company Analysis
This report will present ideas obtained from the organizational assessment of Walmart. The study indicates that the organization has further growth potential regardless of the current global financial crisis. The company’s stock prices indicate an upward growth trend and this situation would attract new investors.
11 pages (2750 words) Term Paper
Management: Affirmative Action
I. An overview of affirmative action and the different viewpoints presented by different groups. II. Reasons for affirmative action by corporate III. The History of Affirmative action and how it was started. IV. The benefits accrued due to affirmative action over the last 30 years since its inception and the performance of employees hired through affirmative action.
5 pages (1250 words) Term Paper
A Comparison between Walgreens and Wal-Mart
A Comparison between Walgreens and Wal-Mart. Wal-Mart and Walgreens command a significant market share in the retail industry. Thus, with regard retailing of various drugs around the nation, both Wal-Mart and Walgreens play a significant role in influencing clients’ options.
7 pages (1750 words) Term Paper
Operations Management Case Analysis
There is a key benefit of the revised approach, which is the avoidance of production of redundant stock. Master Tag has been supplying the labels to the seed companies, who in turn pass the labels to the plant growers together with the seed. However, the process is inconvenient, since there is no accurately telling what amount of labels will be sufficient for any particular period, owing to the fluctuations in the plant productions, caused by various factors (Foster, 697).
3 pages (750 words) Term Paper
Org Theory & Management
These theories provide an adequate foundation for the organization in relation to the management of its members as well as the perpetuation of its purposes within the context of a larger community. This paper shall consider the application of the
13 pages (3250 words) Term Paper
Supply Chain Management-A Case of AmerTac Inc

According to the author, supply chain management is the management of entire chain which includes organization’s inbound operations (procurement, manufacturing, servicing) and outbound operations (distribution and transportation). It is a network which flows from one pattern to another in order to maintain customer value and relationship.

9 pages (2250 words) Term Paper
Operations Management

The author states that the most important aspect of this lighting manufacturing business is productivity. Productivity is the measure of how efficient production is done. It is therefore articulated as the ration of the production outputs to its inputs. In this regard, the business inputs will include the raw materials, energy resources, and labor.

9 pages (2250 words) Term Paper
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment
Contact Us