Category : Wal-Mart Case Studies, Wal-Mart Corporation
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Wal-Mart ranked number one in the prestigious global Fortune 500 for the financial year 2002 with earning revenues amounting to $219.81 billion. Core principles in running and competitively staying in the business were laid down by Wal-mart such as: the essential prerequisite of cross-docking that made an efficient supply chain management system for the company; the use of technological infrastructure such as information technology and state-of-the art communication system which enables them to track down problems in different stores and made them an easier work for inventory and to communicate well in their customers and employees faster; Wal-Mart’s in-house fleet that able to reap the benefits of low-cost in transportation for delivering of goods to different stores and distribution centers. Repairs and maintenance may be a bit costly but the easiness and effectiveness of the use of in-house fleet transportation system wins over the slight disadvantage it brings.
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