Tuesday, May 7, 2019
WALMART'S OPERATIONS AND MANAGEMENT Essay Example | Topics and Well Written Essays - 500 words
WALMARTS OPERATIONS AND MANAGEMENT - Essay ExampleMarket analysts are of the opinion that Walmart will retain its top position (Turning Point). With this trend, it seems that Walmart will definitely lodge its dominance in the consumer market, at least in the foreseeable future. It definitely does not hve a fuss with the number of retail stores it owns in the United States alone,it has about 3900 retail outlets (Annual Dividend).Walmart is a very scrappy company, and is currently opening about 1.45 stores per day. Although Walmart shares have mostly not grown, it will most likely increment in the immediate future. In a research note, Edward Jones analyst David Powers said We believe Wal-Marts growth chance remains favorable. Powers believes that by April this year, growth will accelerate to nearly 13%. (Van Riper)Walmarts main concern is its inert growth rate, although this seems to be a minor problem at the moment. In January 2006 Walmarts same-store sales growth was 4.7%, com pared to the introductory decembers 2.2%. (Van Riper)It is interesting that Walmart has what is probably the worlds largest computer database, in its 1000-person Information Systems Division. This database has a capacity of 460 terabytes, equivalent to almost half of the information on the Internet. (Bianco)Walmart is able to reduce payrol costs through automated generation and adjustment of achievement sch
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