How Walmart Manages Their Strategy

How Walmart manages their strategy

Walmart is the second largest retailer company on the world, and also US multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. As everybody knows that Walmart’s sign is the EDLP (Everyday low price) and Walmart arrange for customer that “Save money – Live better”. Walmart in US earn the 60% of total revenue of the company. There are 260 Million customers of each week, 1150 stores in 28 countries.

Walmart has uniquely position to win the future retail market and so the company is preparing for the future by doing investment in stores, to the people and increasing the digital capability. As the business market is continuously changing, competition is dramatically increasing. Therefore, Walmart runs the business today and changes for the future. Its position of strength includes the best supply chain system, reputation for value that are trusted around the world, strong culture, people and strong free cash flow. There are two main investments of Walmart: people and technology to grow. Walmart did a lot of investments as well into training and ensuring that it has higher quality associate in the Pathways program. HR group try to improve for seeing a better candidate pool than the past workers. So there's a lot of places to see payoff for wages. In order to getting items closer to customers, the company opened the 5 fulfillment centers and added the markets in online grocery stores with a shorten delivery time. The other factor of Walmart’s online stores is about continuing to ensure that the shoppers stay inside the Walmart ecosystem, and then getting new shoppers. And also there is also plan to expand the markets in China with long term planning to make the progress with the physical and digital assets which will be important and required by the China market.