Logistics and Supply Chain Management at Wal-Mart Coursework

Logistics and Supply Chain Management at Wal-Mart - Coursework ExampleWal-Mart is known for its price leadership outline and strives to provide customers with flavor products and services at the cheapest possible price which is in tune with its famous strategy of Every Day Low Price (Popularly referred as EDLP). The strategy of depressed price is in turn aligned with Sam Waltons strategy of helping people save money. Wal-Mart presently provides goods at the cheapest possible price and has positioned itself as a price leader in the mind of the customers.Against the backdrop of this bold positioning strategy lies an efficient and technology-driven logistics management which has provided the firm with advantages like cost decrease to an extent that it is able to provide the best quality products at the cheapest price in the market. Logistics form the USP of Wal-Mart. Its supply chain initiatives involving the latest technology like RFID, cross-docking aid by an efficient integratio n of all its business processes using Enterprise Resource Planning have created benchmarks for the company. The efficiency of logistics management of the firm could be canvass from the fact that its logistics management model has become the benchmark in the global retail and logistics industry. The distribution centers of Wal-Mart which are the backbone of its supply chain management strategy are considered to be the most advanced technologically. Presently Wal-Mart has more than 40 regional centers for distribution with each center spreading over one million square feet on an average.