in the option of 'leverge existing assest and reconfigure the value chain'. briefly explain how walmart had reconfigured its value chain?
Walmart reconfigured its value chain by optimisation of inventory and inbound as well a outbound logistics using ERP framework like SAP MM and SAP SCM modules.
Long term contracts with suppliers were renewed to keep bargaining power of suplliers low and oberall costs down. Procurement was made seamless through e - Procurement system. Capacity utilisation and demand forecasting was reconfigured using Artificial intelligence and Machine learning.
Marketing, sales, HR and support activities werre renewed using new team formation and collaboration between departments to optimise entire value chain.
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