WAL-MART'S OPERATIONS MANAGEMENT

Wal-Mart's operations management

Wal-Mart's operations management

Answer 1)

Supply chain management (SCM) is a helpful management theory; the goal of SCM of is to improve the efficiency and effectiveness of a company's entire supply chain operations. The supply chain runs from raw material suppliers at one end, right through all the intermediate processing stages, to the customer at the other.

The aim of SCM or logistics management is on adding value and eliminating inefficiencies at each stage of a company's supply chain. This will encompass, for demonstration, the optimization of supply or inventory movements; planning for top undertaking periods; and the association of ...