Essay About Wal-Mart And Inventory Control

Impact of Walmart on Soceity
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Identify the products and services sold by group and category
Wal-marts products services ranges from a variety of items. Throughout Wal-marts
stores which includes: super-centers, neighborhood markets and Sam clubs in the Untied States
they offer over 50,000 different items. The product offered by Wal-mart can be grouped from
electronic, movies, music, books, toys, baby necessaries, jewelry, sports , things for the home,
garden and patio, gift registry, video games, books, apparel(for men and women) travel, vision
center, music, seasonal items, pharmacy and a photo center. Groceries can be found in the
super-centers as in the neighborhood markets.
Within each individual group exists a category of products. Under electronic fall six
different categories which include, computers, televisions, cameras and photo, audio equipment,
DVD and VCRs players and accessories (speakers boxes, camcorders etc.). Movies include
DVDs CDs and VHS videos. Music can be found in the order of new releases, seasonal tracks
( Christmas, thanksgiving, Halloween etc. ), music categories ® & B, Country, Pop, etc) and
featured music. Music can also be downloaded through
the use of walmart.com for eighty-eight
cents a song. Books can be categories by their hot titles, educational, and bargain books. Toys
includes dolls, kids electronics, bikes and scooters, remote and radio control vehicles, vehicles,
action figures, learning toys, kids furniture, games, preschool, activities, building sets, outdoor
play and video games. Baby necessities includes nursery, car seats, strollers, toddlers and
pregnancy. Wal-marts jewelry collection category ranges from occasion ( wedding rings,
engagement rings, anniversary gifts and promise rings). They also sell pendants necklaces,
bracelets, jewelry boxes and everyday rings and watches. The sports group consist of exercise
and fitness equipment, game room activities, paint balls, bikes, scooters and trampolines. Wal-
marts home department carries appliances and housewares bed and bath furniture, decor,
vacuum cleaners, grilling, lawn equipment, metal detectors massage and spa care, heaters along
with patio decor. Last but not least is the apparel. The apparel can be categorizes into nine
different sections which include women, women plus size, petite, juniors, juniors plus and
maternity, men, men big and tall girls and boys and by brand name ( wrangler, white stag, faded
glory, riders, George, Mary -Kate and Ashley etc.).
Wal-mart offers financial services such as the Wal-mart credit card, shopping cards and
checking account payments. The payment methods that they offer include express billing and
the “Wal-mart financial services en espanol.” Online financial services include credit reports
and check printing.
Explain Wal-mart concept of distribution.name the channels
Wal-marts hub and spoke distribution system has become a company trademark. Wal-
mart developed a satellite system connecting all stores was initially installed in 1983, and
grew into a complex communication network that included all stores, headquarters, and
distribution centers, as well suppliers. This system facilitated a modified just-in-time process of
inventory control. Put simply, as each store sells an item, a message is automatically sent to the
supplier of that item, who then knows to include a replacement in the next shipment (usually
that day) to the nearest distribution hub. This degree of connectivity allows rapid response to
inventory needs, and reduces dramatically the amount of inventory required.
A second area of major investment was in distribution technology. Wal-Mart established
a network of innovative hubs which used “cross-docking” to minimize distribution center
inventory and to facilitate the need-based inventory delivery system enabled by the satellite
network. In this model, as shipments arrive at the warehouse, merchandise is moved directly to
the trucks carrying the outbound shipments to specific stores. In many cases, the same trucks can
even be used for inbound and outbound shipments, including those carrying new merchandise to
stores and those carrying returned, outdated, or unneeded merchandise from stores, thus
minimizing round-trip shipping costs.
Wal-Mart operates as an aggregator, distributor, and retailer of consumer goods. Due to
its size, the connectivity involved in its operations, and to the enthusiasm