the company enter the new marketplace, the company required to be revising or developing the management system. Also, If these management systems are adopted without consideration, there is a possibility of failure due tothe different environment. Therefore, altering the DW to comply with the present business environment is necessary.
In this study, we try to get the lessons from theWal-mart
SCM Theory
Supply chain management (SCM) isthe process of planning,
implementing, and controlling the operations ofthe supply chain
as efficiently as possible.
Supply Chain Management spans all movement
and storage of raw materials,
work-in-process inventory,
and finished goods from point-of-originto point-of-consumption.
The reasons of success in US market and slump in Korean market comparing E-Mart)
I. Introduction
Wal-Mart Incorporation is number one discount store globally, reporting the highest sales revenue inthe world recorded at $282 billion. It is known very well for its Every Day Low Price (EDLP) strategy, which attracted significant number of customers to its stores. One ofthe reasons oftheir
“By now, it is accepted wisdom that Wal-Mart makes the companies it does business with more efficient and focused, leaner and faster. Wal-Mart itself is known for continuous improvement in its ability to handle, move, and track merchandise. It expects the same of its suppliers. ”
1.2 THE KEY TO ALWAYS LOW PRICES
With 5500 store to supply with goods, Wal-Mart became the biggest delivering
tothe U.S.
Cost advantage
Aggressive Growth Strategy
Supplier relationship
Technical work process
GLOBAL Strategy,
LOCAL Focus
Balance between Globalization and Localization
Society contribution
Uncontrollable external environment
Different culture, but the same policy
Low competitive location
Most ofthem are in local area
Failure to notice Korean customers’ Needs