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In this research paper there is
the focus on the Wal-Mart operations and logistics management as well as the supply
chain management that how company focuses on the process improvement for the
profitability. This research study is related to investigating the functions of
the supply chain management in the Wal-Mart, concerned in the area of the
logistics management as every business require maximum revenue through logistics
industry. It is considered Wal-Mart is also getting the maximum profits through
operations and logistics management.
The research question that how Wal-Mart is emphasizing on operations strategy and operations design in order to bring profitability in the company delivery system management and supply chain management and what customer-centric steps are taken for value for the delivery chain are analyzed through conducting precise literature review. It is noticed through secondary research and through examining the relationship of the logistics management with competitive advantages in retailing stores that Wal-Mart is getting maximum profit through managing its operations and logistics management, however, there is still gap in the competitive advantages because competitors are using more effective strategies’ to manage operations and logistics management.
Competitive advantage in
practical environment through applying principles of logistic management: an
analysis on Wal-Mart
1. Introduction
of Competitive Advantage in a Practical Environment through Applying Principles
of Logistics Management an Analysis on Wal-Mart
In the research paper there is
focus of Wal-Mart operations and logistics management, supply chain management
and the main principles that are offering value to the consumer market.
However, the company is effectively striving for process improvement for the
better creation of value in operations and logistics management so that
profitability of the Wal-Mart can be increased. Wal-Mart is effectively
increasing lifetime loyalty programs for the customer through increasing
operations and logistics management marketing initiatives.
Moreover, supply chain management
is more concerned by the company in order to gain customer loyalty and for
effectiveness’ and reliability in operations and logistics management
operations. RFID technology is also focused because there are better steps in
order to reduce redundancies and to improving efficiency in the supply chain,
costs of inventory etc. moreover. Improvement of machine utilization is also
concerned for the effective in Wal-Mart operations and logistics management.
Background
of the Study of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
The research study is related to
investigating the functions of the supply chain management in the Wal-Mart.
Particularly in the area of the logistics management , Every business require
logistics management according to the functions of the business and according
to needs of the business. Logistics management is best source to accommodating
the customers in good way in business because the Logistic management is
considers as marketing initiatives which can enhance customers loyalty for the
business like as Wal-Mart.
Logistics mangers and researchers
of the Wal-Mart are considered as the competitive edge of the company. Dynamics
and competitive sectors can achieve their goals by achieving the effective
supply chain and efficient logistics management and the professional of the
organizations are always ready to providing these types of the functions. The
best systems are combined by the expertise to managing the ready flow of
services and goods. To providing an impetus for hosting the allied sectors the
retail boom always promises. The logistics industry considered as back bone of
the retailing store for example Wal-Mart for getting the maximum profits. The
Wal-Mart is well growing retail store but it does require finding out its
logistics management as well as its impacts on the competitive advantage.
Research
Gap of Competitive Advantage in a
Practical Environment through Applying Principles of Logistics Management an
Analysis on Wal-Mart
The research gap of this study is
the Wal-Mart has the gap with
its competitors in logistic
management. The
researcher represents to logistics management model for the Wal-Mart that comprise
as to gaining the competitive advantage and research supply chain. These three
choices (business arranging, strategic arranging and operational arranging)
stages develop an integrated type of supply chain management for the Wal-mart.
The implementation of this study can be dependent on the nature of the customers
with attractive quality and quality exploration results of the Wal-Mart. There
are many research studies present to proving the importance and relationships
of the logistics management with competitive advantage. But for this research
study the sector Wal-Mart is taken as the uniqueness in the study.
Problem
Statement of Competitive Advantage
in a Practical Environment through Applying Principles of Logistics Management
an Analysis on Wal-Mart
The problems of this study are to
examining the operations and logistics management of Wal-Mart and its emphasis
on the operational strategy to maximizing the profitability of the Wal-Mart. The purpose of this study is to know that how the logistics
management affects to the competitive advantage of the Wal-Mart. Basically in
this research we take two main variables (logistics managements, competitive
advantage) and these are those variables which every retailing stores
interrelate in daily routine. This research is basically following a positivism
paradigm and this research follows a qualitative approach. The purpose of using
positivism paradigm and qualitative approach is that this research study is
conducting only on the one sector Wal-Mart.
Research Questions of Competitive Advantage in a Practical Environment
through Applying Principles of Logistics Management an Analysis on Wal-Mart
How operations and logistics
management of Wal-Mart is emphasizing on operations strategy and operations
design in order to bring profitability in the company?
What are some customer-centric
steps taken at the strategic level in Wal-Mart through customer’s loyalty
cards, delivery system management and supply chain management?
Significance
of the Study of Competitive
Advantage in a Practical Environment through Applying Principles of Logistics
Management an Analysis on Wal-Mart
The significance of this research emerged from the
importance of modern theories implementation, which supports learner participation
in retail settings, It will introduces continuous improvements to retailing
stores, and adapts these improvements to achieve substantial improvements in
all retailing stores or super store.
This study is significant for the retailing store. The study
is significant for the suppliers, buyers and all the stakeholders of the all
superstores. This study is significant for the future implication. This study
is significant for the policy makers of the logistics management and the
retailing stores. This study is significant for the management of the Wal-Mart
for doing the work about to enhancing the profitability.
Literature
Review of Competitive Advantage in a Practical Environment through Applying
Principles of Logistics Management an Analysis on Wal-Mart
Order
processing and completion of Competitive Advantage in a Practical
Environment through Applying Principles of Logistics Management an Analysis on
Wal-Mart
According to M Vanderroost
,(2017)the logistics aspect includes in Supply chain management and also value
for the delivery chain. It contains all parties participating in the process of
retail logistics: wholesalers, manufacturers, , Order Folder Houses,
third-party specialists such as shippers and Retailers. Here, logistics is the
total procedure for clients to plan, implement, and meet the physical movement
of the business. Mostly the times effective and cost efficiently to retailers
are possible. Logistics respects order processing and completion,
transportation, warehouse, customer service and inventory management cost a contraction
in delivery chain. Retail supplies are supplying the goods through chain as
oversight management decisions. If logistics system works well, reduces retail
stock outlets, catch inventory and improve customer service too
Retail promotion of Competitive Advantage in a Practical Environment
through Applying Principles of Logistics Management an Analysis on Wal-Mart
As the studies of Christopher,
(2017) depicted the providers organized organization retail promotion to
transmit store logistics and supply chain more efficiently; Driving efficient
logistics management prevents unnecessary movement of goods. The product is
also behind the storage space for more productive use. Retail analysts say the
payment of time order again will be more important than Wal-Mart than heavy
Figure operation starts.
American retailer works almost
cross docking and it is likely demand high service level which including
delayed shipment for possible shipment, see Appendix B to notice logistic types.
Supply chain and logistics management performance and effectiveness can also be
considered by the fact is that less inventory is kept to maintain modern retail
stores; while in the modern retail store like Hyper city stores require a two days after the city's nine days and its
dining market. Now, it is useful for both the manufacturer and retailer as
well. If go through the following food supply chain in India, than it would be understand
that it may be a lot better to maintain supply chain and logistics
Unique features of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
According to Narendra, (2017) Wal
Mart has also begun to sample its global supply chain in India, by calculating the
unique feature of the Indian market. Local sourcing of goods is also emphasizing
by them. Wal-Mart is locally positioned by its international operations locally
and worldly source. The company has been going to setting its first roll out in
the first quarter of 2008 and at that time its population was one million.
Wal-Mart claims it will take 35%
of India's retail market by 2015. The logistics management is very important
that Wal- Mart full-owned logistics arm is Gazel. It has been already confirmed
India for it and Wall Street and heavy retail are being monitored. They are logistics
providers like Radhakrishnan food have to study closely, before they are most close
to Indian model. Then, heavy enterprise is interacting with retail officials
rather than direct talks to logistics provider
Tangible and intangibles resources of Competitive Advantage in a Practical
Environment through Applying Principles of Logistics Management an Analysis on
Wal-Mart
The studies of the Gunasekaran,
(2017) depict the resource-based approach states that organizations get
competitive advantage by making bundles of strategic resources and
capabilities. Advanced firm performance depends on the extent that there is a
firm value as well as the same value unfairly capable resources that are
properly organized. Resources can be physical capital ',' human capital ','
technical capital ', and' credible capital ', or' tangible. It also includes Infrastructure
or 'Integrating' Information or knowledge. The main value is bundles in the
resource. The resources are referring to satisfactory and property assets, the
capabilities are a subsidy of firm resources that are non-transferring and
intended to increase the production of other resources. Therefore, the abilities
need absolute need for an outfit and depend on the environmental conditions in
which an organization operates.
Literature review explains the
role of logistics management in IS knowledge. It is related to the help of web
technologies about logistics management beliefs and their perceptions and
risks, while it is investigating the mediation role of MMC in the successful
MEP's successful web technologies. It also explains about the role of the logistics
managers in development capabilities, and then with the help of companies, has
contributed significantly to competitive advantage. Management must be
determines resources and creates capabilities
Logistics innovation of Competitive Advantage in a Practical Environment
through Applying Principles of Logistics Management an Analysis on Wal-Mart
According to Tu.M (2018) supply
chain such as adopting logistics innovation for competitive advantages, is a
relatively new and complex problem. Multiple studies only use one single method
when adopting IT or logistics innovation. On the contrary to understanding a
research topic of interest the qualitative research method is applied. Even a
single way can be inadequate to explain the behavioral decision of adopting
technology in multiple supply chain organizations; there are some mixed
research studies in literature for proving the impacts of the logistics management
in competitive advantages of the retail store as Wal-Mart. Please see Appendix
A
Many research studies have argued
in recent years many logistics and supply chains will have a lot of impact on
competitive advantages and future supply chain management. Ideally the point is
that everything is its digital object identification and now it's a way to
create a global network with objects such as infrastructure. The aim of the logistics management is to make
the global network infrastructure easier for easy access to goods, services,
and information. IT technology application in the industry, such as
manufacturers and supply chains are also known as industrial IOT
Revenue logistics of Competitive Advantage in a Practical Environment
through Applying Principles of Logistics Management an Analysis on Wal-Mart
Tatham, (2016) stated that such a type of money involving
transportation, warehouse, and final delivery functions' within the purchase,
transport and internal area, supply network. The more label on the concept of logistics
management is trapped inside the Practitioner community. Therefore, it is used
in this paper to include the management of these functions. In addition, and above
the definition, it is estimated that approximately 60-80 percent of human
rights (HA) revenue logistics. For at least some extent, the HA is managing a
logistics operation, despite the challenge and the major complexity. The
observation was made two decades ago by Christopher (1992) that it is not a
business that competes, but their supply chains are quite relevant here
According to the Dubey, (2017) logistics
reforms can be explained as a transport speed, path, burden and nature correction. It also
includes use of alternative fuel instead of fossil fuels, reverse logistics,
logistics collaboration, etc. The business profit margin and green housing gas eructation
control will play significant role.
It also emphasized energy
efficient logistics and supply chain systems to better endanger and reduce
global carbon impact. It can be emphasizes the need to promote resource usage
and promote reverse logistics networks for re-use and recycling of products. In
a recent study it was integrating sustainable issues in corporate social
responsibility (CSR) and reverse logistics systems and stabilizing their
performance based on the Triple's Bloom Line approach
Demand
and supply of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
According to the Jain,(2018) a dynamic
supply chain enables us to know better quality information to the desired
states, which tells many elements of demand and supply. Supply chain exhibit is
usually in animated environment and end of any unexpected action, it also
includes end inventory, forecasting, logistics, transportation, distribution,
maintenance as well as general information about various organizations and
activities related to any unexpected operations.
Dangers are decrease in exposure
to the right information associated with the demand of any product or service
in the supply chain. In addition, the ability to carry down the supply of
downstream is an important element of event preparation, so the correct sources
are selected properly. Generally, the origin of resources is set to utilize
resources without fulfilling the ability of future generations and to meet
their own needs
The prosperity of research has
indicated that flexible plays an important role in supporting dynamic capacities
and keeps an important touch between integration capabilities and sustainable
competitive advantages. In the Supply Chain flexibility is identified as an
important enabler. Improvement in supply chain makes a better understanding of
better quality decisions and reduces the risk of both a single organization and
the entire network
Responses in traditional logistics of Competitive Advantage in a Practical
Environment through Applying Principles of Logistics Management an Analysis on
Wal-Mart
According to the Gunasekaran,
(2017) the flow of the literature shows; that IT has increased many
benefits such as achievements and responses in traditional logistics and supply
chains. However, in terms of competitive advantage through the use of IT
solutions, the expectations of one hand spill channel and factories are very
high, but on the other hand it is not clear that the IT has been supplied.
Chains have benefited in retailing stores. To solve this difference, using IT
in logistics and supply chains to compete with this study, literature is
regularly evaluated from 2004 to 2014.
It imagine the use of IT inside
Logistics and supply chains to gain competitive advantage based on the
characteristics of communication, alignment and agility. The research papers
are notified by the following questions: Can this supply chains be activated: i)
to adjust market changes - is it, label, (ii) To encourage supply chain partners to
improve supply chain - is it that the League (iii) To respond to short-term
changes in demand or supply to speedily is that as soon as possible (i) IT role
in gaining competitive advantage based on logistics and supply chains based on
'agreements', 'align'. The literature of this research study is clearly examine
logistic management have direct relationship on the competitive advantages
Conceptual Framework (IV and DV) of Competitive Advantage in a Practical Environment through Applying Principles of Logistics Management an Analysis on Wal-Mart
Methodology of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
For the current research Wal-Mart
logistic management analysis, the secondary analysis is considered so that
effective purposes of a prior study could be focused, in order to conduct the
research; the current research interest is to focus on the original work so
that there could be answers of the entire research question. The research
investigates alternative perspective so secondary analysis could be done much
better than the systematic reviews and can effectively consider the
meta-analyses for the qualitative studies.
However, different studies on
Wal-Mart logistic management are analyzed and with the different knowledge the
secondary data assists and there is the maximum knowledge that how people are
concerned and showing the attitude towards the online shopping experience.
Secondary research has given the effectiveness and better understanding of the
current research because many of the sources are analyzed that also save the
time of the current research and use the secondary data. The secondary data is
said to be permanent and available and can help the current research to provide
the effectiveness.
The secondary analysis can be
useful as it is based on the multiple qualitative data sets. Through the
consideration of the old and present data or through the utilization of the
existing data, there is focus on the procedural and evaluative steps that where
a company is standing and aspects are considered for the innovation and its
analysis. With the use of previous olfactory studies, the research can make the
collection of the relevant as well as the effective material easy because the
researchers that are considered already have the sample collection and analyzed
data.
Research
design of Competitive Advantage in a Practical Environment through Applying
Principles of Logistics Management an Analysis on Wal-Mart
For the analysis of the current
research, secondary data analysis is considered effective because there is no
need to collect the data by going to the company and by asking someone to fill
the data. However, the data that is considered or collected by someone else is
used in order to help the current case or the studies
Benefits of secondary research of
Competitive Advantage in a Practical Environment through Applying Principles of
Logistics Management an Analysis on Wal-Mart
The biggest advantage of the
secondary research is that it uses the secondary data that save the researcher
time, money, resources as well as the energies. Moreover, through the focus on
the level of expertise, there is the collection of the effective material so
that there could be effective and particular survey regarding the analysis of
the Wal-Mart logistic management.
In order to conduct this research
related to the Wal-Mart logistic management and supply chain efforts towards
the recording of higher financial transactions, the current research focuses on
the secondary analysis because it is the flexible method, which conducts the
effectiveness from the older studies or data. The researchers are utilized in
an effective way so that there could be the better evaluation of the Wal-Mart
logistic management efforts towards financial transactions. With the analysis
of the relevant data in several ways, the research paper considers the better
examination and evaluation so that Wal-Mart logistic management and supply
chain efforts could be noticed and there can be the evaluation of the existing
research that how the company is increasing its revenue in the my as they
collected the material through the quality qualitative research. In order to
conduct the effective result, secondary analysis is beneficial and economical.
Findings
of Literature of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
The findings the qualitative
study is to identifying the issues and uncertainties related to the retailing
sores intention for rejecting or accepting the competitive advantages in
logistics management and the supply chain management of the Wal-Mart. It also
includes aspects of cost and benefits of the adoption of the competitive
advantages for challenging the uncertified related to the trust worthiness of
the logistics management. It also includes the external motivating forces in
competitive advantages.
The qualitative model of this
research study shows competitive advantages s of the Wal-Mart are the
significant determinants of the logistics management and adoption intention. However,
logistics management does have directly influence on the competitive advantage
of the Wal-Mart. Few guidelines are generated from this empirical study which
is available for the logistics mangers and supply chain mangers to evaluating
the competitive advantages in the Wal-Mart. The findings of this literature
review discuss logistics management as major of the competitive advantages and
it also shows logistics management has experienced in tremendous development in
last years.
Discussion of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
Before starting a research work
the model is selected for topic thesis. The specialization area is supply chain
management so it is decide the topic on logistic management which is related supply
chain management in the retailing stores. Researcher has a personal interest in
retailing stores so visited several retailing stores and collected information
about their policies and procedures on which basis the whole retailing stores
are running.
After the struggle of one week, it
have decided topic name which is Competitive advantage in practical environment
through applying principles of logistic management: an analysis on Wal-Mart. It
has also decided the theoretical framework model through the suggestions of the
instructors and for this purpose it have decided one independent variables
which is logistics management and the dependent variable is competitive
advantage. This research study is based on the secondary data which is proved
the relationships of the variables by the previous research of the several
authors.
Conclusion of Competitive Advantage in a Practical Environment through
Applying Principles of Logistics Management an Analysis on Wal-Mart
It can be concluded through the
research that is conducted for examining the relationship of the logistics
management with competitive advantages in retailing stores. The Wal- Mart is
analyzed for this research, the operations of the logistic management have been
observed for this research by conducting literature review from the recent
studies. The researcher proposes the model of logistics management for the
Wal-Mart. This model links logistics management with the competitive advantages
of the Wal-Mart.
From a managerial perspective,
this research provides a deductive approach to developing and accessing
logistics management application in the retailing stores as Wal-Mart The
proposed conceptual model for the Wal-Mart provides a deductive approach for
decision makers of each supply chain components to review and appraise their
performance toward fulfillment of ultimate goals, i.e. producing high-caliber
services and high-impact research outcomes for the customers and the customers loyalty
as well. The previous studies of the different authors shows; that IT has
increased many benefits such as achievements and responses in traditional
logistics and supply chains.
However, in terms of competitive
advantage through the use of IT solutions, the expectations of one hand spill
channel and retailing stores are very high, but on the other hand it is not
clear that the IT has been supplied. Chains have benefited in retailing stores.
To solve this difference, using IT in logistics and supply chains to compete
with this study, literature is regularly evaluated. It imagines the use of IT
inside Logistics and supply chains to gain competitive advantage based on the
characteristics of communication, alignment and agility. It is concluded by the
various research studies the logistics management have direct relationship with
the competitive advantages of the Wal-Mart.
The management of the Wal- Mart
can achieve the loyalty and satisfaction level of their customers by using the
logistics management. It is concluded as well it have not found a as it is
literature about the construct of the study so the related literature was the
base of study.
It have not selected all
retailing stores because to conducting the analysis of all retailing stores are
too difficult. It has not use quantitative research method because this
research study was based on secondary data. Secondary data is used for the
research because to collecting the data from the management of the Wal-Mart is
so difficult for this academic research.
Recommendation
of Competitive Advantage in a Practical Environment through Applying Principles
of Logistics Management an Analysis on Wal-Mart
On the basis of findings of this
study, it is recommending that policy makers should create that polices by
which the level of logistics management can be enhancing in the retailing
stores. So, the mangers can pay more
attention towards customer’s satisfaction and loyalty. To evaluating competitive advantage different methods can be used
including Pestel analysis, Swot and porter five force.
It is recommended that mangers must be assured that the information about the product they are giving is welcomed by the customers and will be used to improve loyalty of the customers; otherwise they are unlikely to take the rating process seriously. Mangers need to educate provide the awareness to the customers in effective ways of giving precise feedback that addresses specific aspects of their experience. Managers need to continually assure customer throughout, that the ratings will be used for productive changes in Wal-Mart and that there will be no chance of retribution to the customers.
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Advantage in a Practical Environment through Applying Principles of Logistics
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A. P. (2017). Big data and predictive analytics for supply chain and
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A. S. (2017). Information technology for competitive advantage within logistics
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V. K. (2017). Supply chain resilience: model development and empirical
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T. (2018). An exploratory study of Internet of Things (IoT) adoption intention
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(2017). "Walmart-Bharti Joint Venture: Formation, Breakup &
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