Wal-Mart s Technological Life CycleAbstractWalMart adopts state-of-the-art technology for achievement reach which ensures the privacy of suppliers and its preparation twine management system enables the suppliers to swearword pocket-size - priced products for sale to one of the biggest retail stores of the nation . though , WalMart remands behind in terms of an online system but is piss softw ar itself based upon the requirements of the customers . WalMart is following the Kaizen approach of continuous service in all fields of the business (Robbins , 2004IntroductionWal-Mart is the biggest company in the world with roughly 250 billion in annual utter(a) revenue and more than 1 .2 million employees . WalMart has an advantage everywhere its competitors because the suppliers are willing to offer better prices to Wal-Mart because sharing the supply chain management reduces their costs as well .

This has enabled WalMart to cogitate on developing and implementing latest technology in to ground transaction processing and digest fasterAnalysisBackgroundInitially it was very hard to dissect low cost products and best purchase for customer because of a lag in technology . However , in mid(prenominal) mid-sixties computers were brought in use to handle accounting functions close up it was a tedious task as tools were not procurable at that time . In 1983 bar codes were introduced and used on almost all products but at that time analysis was particular to individual stores only as until 1987 stores were not cogitate together through satellite systems! (Curtis Cobham 2005 ) Gradually , WalMart kept on astir(p) its...If you want to get a full essay, order it on our website:
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