Question

Describe one specific area in which you believe that strategic purchasing could improve a supply chain that you are familiar with. If you are not aware of a supply chain, then describe how a particular aspect of the Walmart supply chain could be enhanced.

Answer 1

Strategic Procurement - Supplier Integration

Strategic procurement enables efficient Integration of suppliers leading to improvement in business performance. Close integration leads to increased coordination with suppliers at a tactical level, enabling the firm to deal more effectively with the complexity and uncertainty. Such an integration at operational level ensures continuity of supply and an end-to-end pipeline and dictates long term competitive advantage