The Importance Of Information Technology In Walmart

Information System Technologies has played a key role in Walmart 's supply chain management which is serving as the establishment of their store network. Walmart has the biggest information technology of any privately owned business in the world. Its state of the art technology and network design allow Walmart to precisely forecast demand, track and predict inventory levels, create highly efficient transportation routes, and manage customer relationships and service response logistics. For example:- Walmart executed the primary companywide utilization of universal product code bar codes, in which store level data was quickly gathered and dissected, and the organization then devised retail link, a Bentonville database. Through a worldwide satellite

Walmart declared that it’s arrangements to open more than 300 stores this year. That number contains 50 to 60 supercenters, 85 to 95 neighborhood Markets and 10 Sam 's club in the U.S., and another 200 to 240 stores will be opened universally. The world 's biggest retailer is implementing new devices, policies, deals,sales and retail formats that targets and step up the competition.

Walmart, the world 's biggest retailer, prides itself on offering basically anything a customer needs or needs. That implies that Walmart basically competes with practically every retaile. Recently, Walmart has been taking off new tools, policies , deals,sales and retail designs that targets and step up the competition with these store categories specifically.

The action plan should rank the strategic investments essential in equipment and programming, and in new product development activities that reflect the expanding data content in products. Hierarchical changes that reflect the part that the technology plays in connecting activities inside and outside the organization are likely to be important. The management of information technology can never again be the sole region of the EDP department. Progressively, organizations must utilize information technology with a refined understanding of the necessities for a competitive advantage. Organizations need to convey the reponsibility for systems development more functional linkages, more possible to achieve with information technology are

3. How did the company use the management of Information Systems to bring or add value to the firm?

Walmart trademark is " Low Cost " and they are keeping up that motto by understanding the significance of controlling expense through supply chain method because of this reason Wal-Mart is more concentrated on Pull and Demand base supply framework rather than traditional Push and Supply based system. However, the difference in both of them, in Pull and demand base system customer determine the requirement of goods while in Push and supply system manufacture determine the production requirement and then floated to market. It is a general phenomenon, to every success there are some failures.

Most service providers can enhance and add value to their services by learning from a few, if not all, of Wal-Mart 's best practices in SCM. Few research has concentrated on applying the best practices in SCM of a conventional retailer or product provider to service suppliers. Understanding into Wal-Mart 's best practices can increase the value of numerous service providers.

4. What type of Enterprise-wide Information Technologies currently exist that connects the organization that produces a cross-functional