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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 590 |
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The strategy of efficient supply chain designed to deliver products at the lowest cost possible. Efficiency is achieved in variety of ways. For example, Wal-Mart keeps low inventory levels, and most are stocked in stores available for sale, not in warehouse gathering dust, the low inventory arises Wal-Mart's innovative use of the cross-docking process...
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The company has a full feed back information about customers' requirements and demands from it stores back to the suppliers. In addition Wal-Mart obtain their products from small suppliers, and those suppliers depend on Wal-Mart as a main buyers, as a result Wal-Mart can apply the pressure and have the products needed delivered twice or maybe three times a month...
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