Wal-Mart Presntation

Views:
 
Category: Education
     
 

Presentation Description

Introduction To the WAL-MART, What is the position In CHINA...

Comments

Presentation Transcript

PowerPoint Presentation:

Industry Retailing Founded 1962 Founder(s) Sam Walton Headquarters Bentonville, Arkansas, U.S Number of locations 8,970 (2011) Key people Mike Duke (President & CEO) S. Robson Walton (Chairman)

PowerPoint Presentation:

Revenue US$ 421.849 billion (2011) Operating income US$ 25.542 billion (2011) Net income US$ 15.355 billion (2011) Total assets US$ 180.663 billion (2011) Total equity US$ 68.542 billion (2011) Owner(s) Walton family Employees Approx. 2.1 million (2011) Divisions Wal-Mart Canada Subsidiaries ASDA, Sam's Club, Seiyu Group, Wal-Mex

PowerPoint Presentation:

Wal-Mart has 8,500 stores in 15 countries, under 55 different names. The company operates under its own name in the United States, including the 50 states and Puerto Rico.\ It operates in Mexico as Wal-Mex, in the United Kingdom as ASDA, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Wal-Mart's investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, whereas ventures in Germany and South Korea were unsuccessful.

PowerPoint Presentation:

American public corporation that runs a chain of large, discount department store. Worlds largest public corporation by revenue. Largest private employ in world Fourth largest utility or commercial employer. Largest grocery retailer in the united State (20 %). Largest toy seller in the united State (22 %).

PowerPoint Presentation:

Wal-Mart at a Glance List of Assets In U.S.A Wal-Mart stores Division U.S.( 3,900) Wal-Mart Discount Stores ( 1,033) Wal-Mart Super centers ( 2,349) Wal-Mart Neighborhood Markets ( 124) Sam’s Club (585 ) Internationally Store in 14 countries outside U.S. ( 2980) Joint venue with Bharti Enterprise to enter India (2006)

PowerPoint Presentation:

The Corporate Strategy Sam Walton gave three policy goals to define Wal-Mart’s business Respect for the individual . Service to customer . Strive for excellence. “EVERYDAY LOW PRICES” is the motto of Wal-Mart and this it follows relentlessly.

PowerPoint Presentation:

Company Mission A s Wal-Mart continues to grow into new areas and new mediums, our success will always be attributed to our culture. Whether you walk into a Wal-Mart store in your hometown or one across the country while you’re on vacation, you can always be assured you’re getting low prices and that genuine customer service you’ve come to expect from us. You’ll feel at home in any department of any store….. that’s our culture

PowerPoint Presentation:

Problems Faced by Wal-Mart in U.S It is facing a severe backlash from “mom and pop” stores and large retailers who cant compete with its everyday low prices. Communities and large organizations are uncomfortable about the control that Wal-Mart can exert on them. Workers and Unions are unsatisfied about the low wages, scant benefits and anti-union stance.

PowerPoint Presentation:

Wal-Mart Overseas Wal-Mart has become a dominant leader in Overseas retail chain too, by its expansions and Acquisitions. In Canada it has purchased Woolco in the year 1994. today it owns more than 330 stores in Canada. In Mexico it had started off with a joint venture with Cifra . By 2010 Wal-Mart had completed its acquisition of Cifra and today it has more than 2037 stores in Mexico. In United Kingdom it acquired the ASDA group. Today it owns more than 3700 stores in U.K alone.

PowerPoint Presentation:

Wal-Mart in China It’s the worlds 7 th largest market. China’s largest retail market- Shanghai Brilliance. Wal-Mart is ranked 11 th on china’s list of major stores . Strong competition from Carrefour of France and Trust-Mart of Taiwan.

PowerPoint Presentation:

Wal-Mart sees CHINA as a new frontier in its appeal and potential next to AMERICA. In 2005, Wal-Mart ranked 11 on the list of CHINA major stores with sales of 9.9 billion Yuan behind the other top foreign companies, France’s Carrefour(17.4 billion Yuan #5 ranking) and Taiwan’s Trust-Mart(13.2 billion Yuan in sales and a #7 ranking). In Oct. 2006 Wal-Mart international head MIKE DUKE said Wal-Mart plans to head 25 stores in CHINA by the end of the year. By2011,Wal-Mart expects to higher an additional 1,50,000 employe es. The LURE Of The CHINA Market.

PowerPoint Presentation:

The largest and most important expansion effort by Wal-Mart in China to date has been its purchase of Taiwanese retailer Trust-Mart for US $1 billion. Wal-Mart outmaneuvered several other big name foreign retailers in this purchase, including archrival Carrefour and other firms aspiring to leadership in the China market, such as Britain’s Tesco, China’s Lian-hua, and Germany’s metro The TRUST-MART Takeover

PowerPoint Presentation:

Leadership Wal-Mart in China is searching for new leadership. The new head of Wal-Mart in China is Ed Chan, a Hon Kong businessman who was regional director for Dairty Farm International, running super market, convenience stores, and drug stores Across Asia. Logistic and Supply Chain China remains a crucial location for sourcing the goods and the Wal-Mart sells worldwide. Its China operations along are served by 15,000 suppliers and Wal-Mart China claims that over 95% of its goods sold in China are sourced locally. Wal-Mart’s Challenges in China

PowerPoint Presentation:

Wal-Mart is known for its tough bargaining stance and its willingness to pit suppliers against each other of lower bids. Logistics and distribution are serious problems for Wal-Mart too. In China, however, Wal-Mart faces several difficulties. The first is China’s infrastructure-while more different than most developing countries, there are still plenty of bottlenecks. Other are attitudinal-many Chinese supplier have hard time adjusting to the rigorous standards of modern supply chain management.

PowerPoint Presentation:

Labor Issues labor is one of the most significant concerns for Wal-Mart, both in the United States and in China . In 2004, Wal-Mart China agreed to allow unions into its stores, but with the stipulation that workers ask for representation-a condition that, in society like China, prevented union entry. In July 2006, Wal-Mart finally accepted the first union into its Chinese stores with the formation of the Wal-Mart Labor Union at its stores in Quanzhou in Fujian province.

PowerPoint Presentation:

Legitimacy In response to mounting criticism, Wal-Mart established a detailed factory certification program in the early 1990s . Under this system, Wal-Mart carries out annual audits on each factory from which it purchases goods. Factory audits are only once per year and are announced in advance, allowing time for factories to “clean up their” act for the visit. Wal-Mart’s tough relationship with its suppliers can be a disincentive for bettering conditions.

PowerPoint Presentation:

Strategies adopted by Wal-Mart GO GLOBAL- To penetrate the markets in Mexico, Japan, Germany, United kingdom, Brazil, Canada etc., Wal-Mart opened more than 2700 in these areas. It was successful in Canada, Mexico but failed badly in Germany and japan and had to pull out. GO NATIVE- To avoid failure in china, Wal-Mart adopted the GO NATIVE strategy. It brought the local wet markets indoors and now sends Wal-Mart teams five months earl to research the pulse of the market, in the regions it intends to open the market.

PowerPoint Presentation:

Go UP-MARKET- Increased concentration on middle class families of china. Varied Grocery selection. Opened more stores in developed provinces of china .

PowerPoint Presentation:

Conclusion Wal-Mart has come a long way from its “Buy America” slogans in the mid-1980s. Nothing symbolizes the global logic of Wal-Mart better than the evolution of its relationship with China. China is not an easy place to negative Its retail market is highly fragmented, and its suppliers are still learning the intricacies of international supply chains. The relationship between the world’s largest firm and the world’s most populous nation is still in its early stages, and how it plays out will help shape the future of global capitalism for decades to come.

authorStream Live Help