SWOT Analysis For Wal-Mart
For many of you that don’t know Walmart is a big store all around the world and is growing bigger and bigger every day as they go on. Walmart is a strong competitor where you can find many things to pick out from. Walmart is a store in which you can find electronic, food, clothing, construction tools and equipment or even something for your garden. In Walmart you can do all your shopping only in one quick stop beside of all there lowest prices. Walmart is a powerful retail store. Strengths
Walmart has. Walmart has the ability and also claim to have some of the lowest prices known to man in markets. Walmart claims that it has low prices on everything they sell always. Walmarts old slogan got replaced with a phrase that says ‘’Walmart Save Money Live better Walmart” They say that they have the cheapest prices over the competitors.
Walmart has grown and is continuous growing over each day that passes. Another of the great strength that walmart has is that it has grown and expanded world wide. Therefore they have reputation anyone that comes from anywhere will know what walmart is and sells. They are recognized all over the world therefore if someone went to a new country and was trying to buy something they wouldn’t waste there time in finding out in which small business they sell what they are looking for. They would simply just go to walmart because they already know what walmart is and what they sell.
Another of walmart big strengths is to communicate with many of other buildings. Having a great equipment information involving its technology to use to communicate with other stores and see what is selling more and why and what is going to be the next big thing. This also gives them the benefit to see what is selling faster than other items and buy a bigger stock to those items that sell much quicker than other therefore they don’t have to spent a lot on inventory because they already know what sells in what time and what doesn’t sell as much so they don’t buy inventory.
But I think that its greatest strength is having all components necessary all in one big store. For example If you need to buy something to wear, along with some shoes, a kitchen supply, stop for groceries, and even buy a universal remote control or to get your nails done. That would take you at least two hours to be able to stop at different stores and look what you are trying to buy. But with walmart it would all be just one big stop. You would be able to do one simple stop and take care of all those things at once. That’s one of the reasons that walmart is so powerful ad draws more customers because not all of them have the time to go and look at all these things they are suppose to buy one quick walmart stop and done.
Although it seems like Walmart has the biggest company and is perfect no I think that nothing in this world is perfect and always have weakness to it no matter how big the company is. Weaknesses
Walmart greatest weakness is the biggest of them all is public image. In a business public image is one of the most important thing that there is because without it or if you stand in the bad side of the public image you can loose thousands of customers no matter how low you go in the prices. Some people see walmart today as a monopoly that is sweeping with the small businesses everywhere. And besides another example is that it is seen as not an environment friendly.
Another major weakness that walmart presents if that even though they have a big verity of things to choose out from and can make all of your purchase at one but the weakness is that having that said it doesn’t specify on each item. For example if I were to go to the store and try to find a special cable for the TV. But walmart wouldn’t have it because it only carries the basic things that electronics require because of it being...
...Statement of Problem
Wal-Mart must decide on how to improve management of its enormous company and continue its domestic and international growth. In addition, Wal-Mart must address ancillary issues such as development of store format, technology deployment, human capital, and internationalization in order to have further short and long-term success.
Economics: great earnings and profits.
Goodwill: well recognized name, brand.
o Size (one of the largest grocers, third largest pharmacy).
o One-stop shopping for all products.
o Diversification: Well designed structure of having superstores, stores, and discount stores to attract all types of shoppers.
o SAM’S Club.
o Online sales campaign development.
o Employment structure that saves costs (health care, employment benefit packages).
o Expansion into foreign markets (many competitors do not have such large international influence).
Technology: well developed IT system
o World’s best inventory measurement. Economics: some international sectors of growth failed to perform, such as Germany, Japan in 2002.
Competition: other companies such as Home Depot, Target, Costco, etc., still occupy a significant portion of the market share.
International criticism: child labor, poor working conditions, workplace safety, low pay may affect its international outreach.
Operations: inventory measurement may be further improved from 94% accuracy to...
...SWOTAnalysis for Walmart
February 1, 2012
A SWOTanalysis looks at the strengths and weaknesses of a company and the opportunities and threats. When used in business it can help a company carve a sustainable niche in the market. A SWOTanalysis can be a powerful tool that can assist a company in uncovering opportunities that they can exploit. If a company can comprehend their weaknesses they can then manage and eliminate threats that would otherwise have caught them off guard. By a company looking at themselves and their competitors and using this tool, a company can come up with a strategy that will set them apart from their competitors.
Sam Walton had a dream of being able to compete with regional discount stores. He traveled the country in the 1950’s to study discount retailing. While traveling the country he saw that consumers wanted a new kind of store. In 1962 the Walton opened their first Walmart Store in Bentonville Arkansas. That same year Kmart and Target opened their first stores. Sam Walton’s vision was clearly stated, “If we work together, we’ll lower the cost of living for everyone… we’ll give the world an opportunity to see what it’s like to save and have a better life” (Walmart, Our Purpose, 2012). The statement is the focus of what...
State-of-the-art information system gives edge to the Wal-mart to control and monitor supplier relations and inventories more competently than its competitors; it ultimately gives Wal-mart a price advantage.
According to the Global 500 and Fortune’s 500 lists, Wal-Mart Stores sustain its top position for two consecutive years. And it makes Wal-mart one of the largest company in the world.
Wal-mart is the world’s largest retailer and also the world’s largest private employer having over 2 million employees.
In the U.S it is the biggest grocery retailer. In 2009, it generated 51 percent of its revenue in the United States from grocery business.
It has more than 8,500 stores in 15 different countries, with 55 different names. It also operates in 50 states of U.S under its own name.
In 2009 Wal-mart launched "Sustainability Index" to make transparent of information to its customers and also assume accountability for its products’ origins.
Performance of Wal-mart is superior and stable in all aspects (financial, organizational and otherwise). For the FY 2011, it achieved a net income of $15.4 billion with a 24.7% GPM.
Wal-mart is developing new business, retailing concepts and rapidly expanding its operations.
Wal-mart is superior at strategic management and it has higher profitability throughout the financial years.
Wal-mart has experienced a sales drop in...
...SWOTAnalysis – Wal-Mart
Juan Carlos Escobar
BUS 137 20 Principles of Management
Dr. Harry J. Caldwell
March 21, 2013
SWOTAnalysis – Wal-Mart
In the study of management is very interesting making an analysis exercise of a market company like Wal-Mart which has revenues greater than the Gross Domestic Product (GDP) of many countries. The last fiscal year, ended January 31 2013, Wal-Mart reported revenues of 466,1 US billion (Walmart Inc., 2013). This amount is greater than the last GDP reported by Colombia of USD 362,2 billion or Argentina of USD 347,3 (Portafolio 2012). If this company, Wal-Mart, were a country it would rank as a rich country just below South Africa and above Switzerland, Belgium, Venezuela, Austria, Chile and Others (World Fact Book, 2012). Not only is amazing analyzing a company which its revenues are bigger than entire countries’ economies and trying to determine which are the factors for this success, what things has this company constructed, what are its strengths, how is it dealing with competitors, and what are its core competences but also leaves many lessons.
Wal-Mart was founded in 1962 by Sam Walton when he opened the first Wal-Mart Discount City in Rogers, Arkansas. It went public in 1972 when was the first retail stock traded on the New York Stock Exchange. In 1983, it opened the first Sam’s Club membership warehouse and in 1988 opened the first...
...SWOTANALYSIS OF WALMART
The ‘Fortune 500’ is a list of top 500 companies, with the highest gross revenue in the United States. The list is complied and published on an annual basis by the Fortune magazine, and it includes both publicly and privately held companies arranged in decreasing order of their gross revenue adjusted for excise taxes. The Fortune 500 list was first was published in 1955, and originally included only manufacturing, mining, and energy industries, but now it has been extended to include service companies as well such as life insurance companies, commercial banks, retailers, transportation etc.
One company that has been a consistent topper in the list of Fortune 500 is Wal-Mart. It was the largest company in 2007 and 2008, and again in 2010, 2011 and 2013. (Fortune 500) The slogan of the company has been ‘Saving people money so they can live better’. The company believes that the strategy of “Every Day Low Cost” helps the people to save money, and enables them to enjoy a better standard of living. This in turn helps in conserving the environment, reducing hunger and poverty, empowering women and providing access to affordable food.
The first Wal-Mart store was opened in 1962 in Rogers, Arkansas, by Sam Walton at only 44 years old. Mr. Sam, as he was popularly called, was born in 1918 in Kingfisher, Oklahoma. He initially opened a dime store in 1950. The immediate success of the store...
...Wal-mart stores up in almost in every town that I have traveled through. The store started by Sam Walton was first established in Bentonville, Arkansas in 1962. Now Wal-mart has over 3,300 stores nationwide and they are the leading retail store in the country. With Wal-mart competing with Target and K-mart hold over 85 percent of the discount store market share. Although Sam Walton has passed on Wal-Mart has continued to stay successful and maintain at the top of the retail market. A new CEO took over and he has continued to maintain as the largest corporation in the nation. "Wal-mart has two objectives that they focus on: 1) Providing the customers what they want, when they want it, all at a value 2) treating each other as we would hope to be treated, acknowledging our total dependency on our associate-partners to sustain our success".
A SWOTanalysis consist of measuring the strength, weakness, opportunities, and threats in order to see what the company needs to work on and what it must do to succeed in the market. One of Wal-Marts biggest features is the guest relations that they teach their employees. They strive to keep their customers happy and to keep them coming back to their store. There are many other companies that see using the guest greeters that Wal-Mart uses as a waste of time and money. They say that they should have these people doing some sort of work that will actually come out as productive. That...
Module 1: Google Case Analysis
Indian River State College
GEB 4930 - 185046 - Selected Topics in Management
Scale of Operations
Low Cost Strategy
Information Systems Technology
Poor Human Relations
Implantation Of Entering International Market
Retail Market Growth In Emerging Markets
Pending Lawsuits By Disgruntled Employees
Rising Commodity Prices
Strategies Are Being imitated
Wal-Mart has many strengths that have propelled it to become the “largest retailer in the world with over $400 billion in revenue and 10,310 stores.” (Strategic Management Insight, 2013) One of its greatest strengths is actually in response to it being the largest. Wal-Mart’s scale of operations is the corner stone of all the strengths below. This strength allows them to carry 120,000-140,000 items within their stores and over 1,000,000 online. (Yoffie, D. & Slind, M, 2007)
Wal-Mart’s low cost strategy is another strength that has pushed competitors aside. Wal-Mart has a low price guarantee which allows a cashier to match any price at the register. This strategy has eliminated a lot of the competition such as small Mom’s & Pop’s stores in small community’s as well as larger competitors like K-mart.
Wal-Mart’s International Operations allows it to not only depend on its sales...
...Wal-Mart Company Strategy
This section will examine Wal-Mart's company strategy in several sections. Three elements of successful strategy formulation and a fourth element, which exemplifies the implementation process of company strategy, will be looked at. Followed by this, an analysis of key factors contributing to this strategy will be detailed. These include looking at Wal-Mart's competitive strategy, the CEO's leadership, and company strategy strengths and weakness assessment.
The material used to analyze Wal-Mart strategy consists of the company's annual reports, its Fact Sheets and other information found on the company Internet site. Other information is obtained from outside sources such as Fortune Magazine, and from outside groups who are critical of the corporation. The focus of this analysis will be placed on identifying the resources of the firm, its weaknesses and strengths in terms of its competitive environment. The sections examined will highlight the leadership style of Wal-Mart CEO H. Lee Scott, who inherited the corporate legacy of Wal-Mart founder Sam Walton. Other elements such as the culture, the corporate organization and values of the company come to play.
1. Strategic Goals
This section looks at three successful elements of strategy formulation and a fourth element, where the strategy is implemented successfully. These are as follows:
Dominate the Retail Market wherever Wal-Mart...