Mar 252017
 

Walmart’s Supply Chain

Walmart Quotes:

  • “I don’t know what would have happened to WalMart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.” ~ Sam Walton, created the Walmart Supply Chain
  • “At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke, former CEO of Walmart

Other videos you may find interesting:

 

 

Jan 272017
 

Here is an assortment of retail blogs regarding Walmart, Amazon, Alibaba.

“Supply Chain is like nature, it is all around us.” ~ EverythingSupplyChain.com
“Make inventory a common enemy for your company.” ~ Dave Waters
“Keep Calm and call the Supply Chain guy (or gal).” ~ EverythingSupplyChain.com
“If your supply chain runs without many problems you either have a great supply chain or running very fat.” ~ EverythingSupplyChain.com
“Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.” ~ EverythingSupplyChain.com

supply chain Walmart Amazon Alibaba

Nov 282016
 

Nightly Business Report: Wal-Mart’s logistics

Walmart Logistics

  • “I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company.: ~ Sam Walton, founder of Walmart
  • “After a lifetime of swimming upstream, I am convinced that one of the real secrets to Wal-mart’s phenomenal success has been that very tendency.” ~ Sam Walton, Logistics Expert
  • “I was always intrigued when I was growing up, and then in engineering school, with the idea of a perpetual machine. I think of the Wal-Mart culture as that.” ~ Mike Duke, former Walmart CEO
  • “One of the things that strikes me is so many of the critics are people whose lifestyle doesn’t change when the price of fuel changes, or if they keep a Wal-Mart store out of their area.” ~ Lee Scott, former Walmart CEO and VP of Logistics.
  • “Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.” ~ Sam Walton, created the Walmart Supply Chain
  • “The goal as a company is to have customer service that is not just the best but legendary.” ~ Sam Walton
  • “Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always. When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don’t do a hula on Wall Street. It’s been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools the competition. “Why should we take those cornballs at Wal-Mart seriously?”  ~ Sam Walton

Walmart Supply Chain Information

Sep 142016
 

The Walmart Advanced Vehicle Experience concept truck is the latest in our fleet efficiency program.  The one-of-a-kind prototype offers a whole package of firsts. The tractor has very advanced aerodynamics and is powered by a prototype advanced turbine-powered, range-extending series hybrid powertrain. The trailer is made almost exclusively with carbon fiber, saving around 4,000 pounds which can then be used to carry more freight.

 

Here are some other great business videos.

Sep 072016
 

Walmart CEO Doug McMillon

Walmart CEO Doug McMillon shared how he’s leading change and evolving the business of a 52 year-old company: “When making decisions, move with speed but use collective wisdom.” During an interview at Stanford Graduate School of Business, McMillon also discussed the impact of globalization and culture on today’s business strategy.

Walmart CEO Quotes

  • “I was always intrigued when I was growing up, and then in engineering school, with the idea of a perpetual machine. I think of the Wal-Mart culture as that.” ~ Mike Duke, former Walmart CEO
  • “It’s interesting: the letters I get from mayors that want Wal-Mart to look and invest in their community.” ~ Mike Duke
  • “There’s a lot more business out there in small town America than I ever dreamed of.” ~ Sam Walton, created the Walmart Supply Chain.
  • “One of the things that strikes me is so many of the critics are people whose lifestyle doesn’t change when the price of fuel changes, or if they keep a Wal-Mart store out of their area.” ~ Lee Scott, former Walmart CEO and VP of Logistics.
  • “There’s not an individual in these whole United States who has been in more retail stores than Sam Walton” ~ Bud Walton (Sam’s brother)
  • “The secret of successful retailing is to give your customers what they want” ~ Sam Walton, Supply Chain Guru.
  • “Appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune.” ~ Sam Walton, Supply Chain Expert.
  • “I learned a long time ago that exercising your ego in public is definitely not the way to build an effective organization.”  ~ Sam Walton

Lee Scott and Mike Duke were both VP of Logistics at Walmart before taking the CEO position.  Supply Chain is very important at Walmart.  It is important for retail CEO’s to understand Supply Chain.  Walmart CEO Doug McMillon has plenty of Supply Chain experience as well.  He worked at Walmart while in high school.

For those doing research regarding Walmart check out some of the videos below.  We included videos about Amazon as well because there is so much competition between Amazon and Walmart.

Walmart Supply Chain CEO Doug McMillon

Walmart Supply chain

 

 

Jul 172016
 

Walmart Supply Chain

The Walmart Supply Chain is one of the best in the world. Ever since Sam Walton founded Walmart the company has focused on always improving, always getting better.   If you read “Made In America” by Sam Walton or know Walmart’s history you know that some of Walmart’s greatest innovations came out of necessity.  Walmart started in rural America so Sam Walton had to do things a bit different than the stores in major cities.  Swimming against the current can greatly pay off.

I had the opportunity to work for Walmart Logistics early in my career and learned a great deal.  While at Walmart I did not hear the word supply chain and very rarely heard the word logistics. However,  I learned a great deal about supply chain fundamentals and what truly matters to the bottom line.  Whenever I am doing supply chain research I always relate it back to my time with Walmart Logistics.

One of my interview questions from the Distribution Leadership team was as follows:  Put in order of importance Quality,  Safety and Productivity. I said safety, quality and then productivity.  We then discussed why safety is so important. That is the only question I remember from the interview but the discussion really stayed with me.

Apr 232016
 

The focus of this video isn’t specific about supply chain but Walmart is all about the supply chain.  One of the key reasons Walmart grew the way it did is because of its supply chain.  You can check Walmart history on this.

Retail blogs regarding Walmart, Amazon, Alibaba.

  • “I don’t know what would have happened to WalMart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.” ~ Sam Walton, created the Walmart Supply Chain
  • “At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke, former CEO of Walmart

 

Sam Walton Walmart history supply chain

Walmart history Mike Duke CEO supply chain

 

 

 

 

Apr 062016
 

Walmart Supply Chain Technology

Walmart Supply Chain Technology puts it ahead of the competition.  How does Walmart understand customers?

Sam Walton Quotes

  • I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company.  ~ Sam Walton
  • The goal of a company is to have customer service that is not just the best but legendary. ~ Sam Walton
  • Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always. When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don’t do a hula on Wall Street. It’s been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools the competition. “Why should we take those cornballs at Wal-Mart seriously?”  ~ Sam Walton
  • There is only one boss – the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.  ~ Sam Walton
  • Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish. ~ Sam Walton
  • I have always been driven to buck the system, to innovate, to take things beyond where they’ve been. ~ Sam Walton
  • Pretty much, Apple and Dell are the only ones in this industry making money. They make it by being Wal-Mart. We make it by innovation. ~ Steve Jobs

Other videos you may find interesting

Walmart Supply Chain Technology

Jan 192016
 

From Youtube.com: When you think of Walmart do a plethora of contradictory thoughts and images come into your brain? Well get ready for it to get even more confusing because the world’s largest retailer and the 19th largest economy in the world have stepped up the plate with one of the best corporate sustainability plans in the world.

Other videos you may find interesting.

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