Inventory Management Literature Review

(Photo: Public Domain) Walmart Inc.’s inventory management is one of the biggest contributors to the success of the multinational retail business.Considering the mammoth size of the company, effective and efficient inventory management is of critical importance in operational effectiveness.uses cookies to personalize content, tailor ads and improve the user experience.

Such leadership establishes the company’s competitive advantages relative to firms like Target and Amazon in the retail market.

Also, the competitive effects of the digital content distribution operations of companies like Apple, Google, and Microsoft are dampened partly through Walmart’s high inventory management efficiencies, along with related strategies and product development approaches.

Thus, Walmart is an example of the benefits of advanced technology and innovation in optimizing inventory management performance.

While there are a variety of other factors contributing to the success of this business, advanced inventory management is one of the core organizational capabilities that enable Walmart’s leadership in the global retail industry.

This benefit is achieved because suppliers can directly access current data about the inventory of their goods at Walmart stores.

Inventory Management Literature Review What Is Literature Review Pdf

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