Question

The Walmart retail chain sells standardized items and enjoys great purchasing clout with its suppliers, none of which it owns. The Limited retail chain sells fashion goods and owns Mast Industries, which is responsible for producing many of the items sold in The Limited stores. The Limited boasts that it can go from the concept for a new garment to the store shelf in 1,000 hours. Compare and contrast the implications for supply chain design for these two retail systems.

Answer 1

The Walmart retail chain is basically service oriented . It sells normalized things got from different providers. It doesn't possess any manufacturing facilities. The supply chain plan for this sort of association is driven by the need that support different Services to be given to customers.

A supply chain management system must furnish the retail store with a delivering centre, PCs,point of sale equipment, and workers. The retail out give normalized items to customers. Supply chain supports quality supplies from the providers. It shows that the supply chain is effective.

LRC has manufacturing facilities. Supply chain plan for manufacturing associations must contain effective inventory control systems by dealing with the progression of materials. LRC is sure that it can put the items in shelf in 1,000 hours from the conceptual stage. It suggests that it has better authority over the progression of material in its supply chain. It shows control on inventory management system. It tends to be comprehended from the above circumstances that Walmart retail chain and LRC has solid supply chain structure.

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