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    Impact of walmart on soceity Essay

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    Identify the products and services sold by group and category

    Wal-mart’s products services ranges from a variety of items. Throughout Wal-marts

    stores which includes: super-centers, neighborhood markets and Sam club’s in the Untied States

    they offer over 50,000 different items. The product offered by Wal-mart can be grouped from

    electronic, movies, music, books, toys, baby necessaries, jewelry, sports , things for the home,

    garden and patio, gift registry, video games, books, apparel(for men and women) travel, vision

    center, music, seasonal items, pharmacy and a photo center. Groceries can be found in the

    super-centers as in the neighborhood markets.

    Within each individual group exists a category of products.

    Under electronic fall six

    different categories which include, computers, televisions, cameras and photo, audio equipment,

    DVD and VCR’s players and accessories (speakers boxes, camcorders etc.). Movies include

    DVD’s CDs and VHS videos. Music can be found in the order of new releases, seasonal tracks

    ( Christmas, thanksgiving, Halloween etc. ), music categories & B, Country, Pop, etc) and

    featured music. Music can also be downloaded thru the use of walmart.

    com for eighty-eight

    cents a song. Books can be categories by their hot titles, educational, and bargain books. Toys

    includes dolls, kids’ electronics, bikes and scooters, remote and radio control vehicles, vehicles,

    action figures, learning toys, kids’ furniture, games, preschool, activities, building sets, outdoor

    play and video games. Baby necessities includes nursery, car seats, strollers, toddlers and

    pregnancy. Wal-mart’s jewelry collection category ranges from occasion ( wedding rings,

    engagement rings, anniversary gifts and promise rings). They also sell pendants necklaces,

    bracelets, jewelry boxes and everyday rings and watches.

    The sports group consist of exercise

    and fitness equipment, game room activities, paint balls, bikes, scooters and trampolines. Wal-

    mart’s home department carries appliances and housewares bed and bath furniture, decor,

    vacuum cleaners, grilling, lawn equipment, metal detectors massage and spa care, heaters along

    with patio decor. Last but not least is the apparel. The apparel can be categorizes into nine

    different sections which include women, women plus size, petite, juniors, juniors plus and

    maternity, men, men big and tall girls and boys and by brand name ( wrangler, white stag, faded

    glory, riders, George, Mary -Kate and Ashley etc.).

    Wal-mart offers financial services such as the Wal-mart credit card, shopping cards and

    checking account payments.

    The payment methods that they offer include express billing and

    the “Wal-mart financial services en espanol.” Online financial services include credit reports

    and check printing.

    Explain Wal-mart concept of distribution….

    name the channels

    Wal-mart’s hub and spoke distribution system has become a company trademark. Wal-

    mart developed a satellite system connecting all stores was initially installed in 1983, and

    grew into a complex communication network that included all stores, headquarters, and

    distribution centers, as well suppliers. This system facilitated a modified just-in-time process of

    inventory control. Put simply, as each store sells an item, a message is automatically sent to the

    supplier of that item, who then knows to include a replacement in the next shipment (usually

    that day) to the nearest distribution hub. This degree of connectivity allows rapid response to

    inventory needs, and reduces dramatically the amount of inventory required.

    A second area of major investment was in distribution technology.

    Wal-Mart established

    a network of innovative hubs which used “cross-docking” to minimize distribution center

    inventory and to facilitate the need-based inventory delivery system enabled by the satellite

    network. In this model, as shipments arrive at the warehouse, merchandise is moved directly to

    the trucks carrying the outbound shipments to specific stores. In many cases, the same trucks can

    even be used for inbound and outbound shipments, including those carrying new merchandise to

    stores and those carrying returned, outdated, or unneeded merchandise from stores, thus

    minimizing round-trip shipping costs.

    Wal-Mart operates as an aggregator, distributor, and retailer of consumer goods. Due to

    its size, the connectivity involved in its operations, and to the enthusiasm with which it has

    traditionally negotiated supplier contracts. Wal-Mart has established itself in a key position in

    the value chain of its suppliers.

    It is Procter and Gamble largest customer, and holds a significant

    power position relative to other smaller suppliers. This position has enabled Wal-Mart to obtain

    superior price breaks relative to the competition on the products it carries. It’s size .

    This essay was written by a fellow student. You may use it as a guide or sample for writing your own paper, but remember to cite it correctly. Don’t submit it as your own as it will be considered plagiarism.

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    Impact of walmart on soceity Essay. (2019, Mar 06). Retrieved from https://artscolumbia.org/impact-of-walmart-on-soceity-essay-115023/

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