Question
Sourcing: In this section, first evaluate the network sourcing strategy of Walmart in order to then identify possible areas in need of improvement that will
Sourcing: In this section, first evaluate the network sourcing strategy of Walmart in order to then identify possible areas in need of improvement that will leave room for future expansion.
A. Evaluation: Assess the current network sourcing strategy and determine whether or not the number and quality of suppliers is the optimal mix for the operation. To what extent do the current suppliers meet steady-state and peak demand? Are they consistently providing products that meet or exceed Walmart’s quality standards? Defend your assessment with examples.
B. Recommendations
1. Recommend a strategy to optimize the sourcing network that takes into account current operations and leaves room for future expansion. Be sure to consider any alternative sources of materials available to the organization in your response.
2. Recommend a standard procedure for vetting suppliers to ensure that they are compliant with the corporate social responsibility guidelines of Walmart.
3. Make sure that you have recommended the best sourcing practices for Walmart using appropriate quantitative methods
Step by Step Solution
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III Sourcing A Evaluation According to the article the supplier count was over 20000 There was little to no leverage within these suppliers even thoug...Get Instant Access to Expert-Tailored Solutions
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