Wal-Marts approach to Purchasing and Supply-Chain Management Essay

Wal-Marts approach to Purchasing and Supply-Chain Management - Essay employmentThis report stresses that Wal-Mart is a retailer of consumer goods. Its ultimate strategy is to offer products at imprint prices thus get a common primary area of interest among various business experts in terms of costs. This low pricing strategy is the core competitive strategy for the retail store. However, besides this, its purchasing and supply- filament management grant great contribution too the actual business world William. The Wal-Mart failed in Germany because the management wanted to consume the United States model to the Germany market. The Wal-Mart management pressured the executives in Germany to enforce management styles of American in the workplace. For instance, workers were forbidden dating colleagues in the organizations influential positions or flirt with colleagues Huff Post Business This root word shows that the presented activities, Wal-Mart are trying to employ in order to cr eate there competitive advantage principally using its purchasing and supply-chain management for this reason have proved effective. It was found that these activities with information applied science have helped Wal-Mart create a competitive advantage over other players in the retail chain store industry. Therefore, to gain competitive advantage in an industry an organization will need to get hold of the right business models and adopt the right technology to develop a competitive advantage in the industry.