Wal-Mart s Technological Life CycleAbstractWalMart adopts state-of-the-art technology for achievement tinct which ensures the privacy of suppliers and its publish twine management system enables the suppliers to fling pocket-size - priced products for sale to one of the biggest retail stores of the nation . though , WalMart remands behind in terms of an online system but is prepare softw ar itself based upon the requirements of the customers . WalMart is following the Kaizen approach of continuous receipts in all fields of the business (Robbins , 2004IntroductionWal-Mart is the biggest company in the world with roughly 250 billion in annual realize revenue and more than 1 .2 million employees . WalMart has an advantage oer its competitors because the suppliers are willing to offer better prices to Wal-Mart because shari ng the supply chain management reduces their costs as well .

This has enabled WalMart to focalise on developing and implementing latest technology in to take hold transaction processing and compend fasterAnalysisBackgroundInitially it was very hard to analyse low cost products and best purchase for customer because of a lag in technology . However , in mid(prenominal) mid-sixties computers were brought in use to handle accounting functions stable it was a tedious task as tools were not purchasable at that time . In 1983 bar codes were introduced and used on almost all products but at that time analysis was particular to individual sto res only as until 1987 stores were not coll! igate together through satellite systems (Curtis Cobham 2005 ) Gradually , WalMart kept on astir(p) its...If you want to get a full essay, order it on our website:
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