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Business Strategy

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Ayyan Shiraz
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15 views10 pages

Business Strategy

Uploaded by

Ayyan Shiraz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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DECISION SUPPORT SYSTEM

Team Members

Ayyan Shiraz Sahar Naz


S2021005007 S2021005028

M. Waleed
S2021005026
WALMART
Why have we chosen
Founded in 1962, Walmart is a global
retail leader.
Focus: Operational efficiency, cost
reduction, and customer satisfaction.
Walmart leverages advanced technology
and supply chain innovation to remain
competitive.
CORE PROCESSES

INVENTORY SUPPLY CHAIN


MANAGEMENT MANAGEMENT TECHNOLOGY

Just-In-Time (JIT) system to Cross-docking minimizes AI and machine learning


minimize holding costs and storage time by directly platforms forecast trends
avoid overstocking. transferring goods between and optimize stock levels.
Automated replenishment inbound and outbound The Retail Link System
and perpetual tracking. trucks. enables suppliers to access
Reducing errors and RFID technology ensures sales data for better
enhancing accuracy. product movement visibility, demand alignment.
addressing bottlenecks
effectively.
CHALLENGES IN PROCESSES AND DSS
1. Data Overload:
Billions of transactions daily; extracting actionable insights is complex.
Example: Real-time Black Friday shopping trend analysis.
2. Integration Issues:
Challenges in syncing new technologies (AI, IoT) with older systems.
3. Demand Forecasting:
Predicting demand during disruptions like pandemics is difficult.
4. Operational Challenges:
Global supply chain disruptions due to trade wars, pandemics, and port congestion.
Technological adaptation requiring investment and retraining.
Sustainability pressures vs. maintaining low-cost leadership.
Walmart’s DSS Components
Data Management:
Centralized databases for inventory, sales, and supplier data.
Retail Link System facilitates seamless supplier collaboration.
Model Management:
Predictive models simulate supply chain and demand fluctuations.
Example: Anticipating holiday season product demand.
Knowledge Base:
Historical data guides pricing and inventory decisions.
User Interface:
Dashboards for real-time actionable insights.
Example: Store managers monitor daily sales performance via intuitive systems.
SDLC STAGES WALMART OPERATES IN

Planning Design

Identifying gaps in supply Developing tailored tech


chain efficiency. solutions (e.g., IoT tracking).

Analysis

Feasibility studies for


implementing technologies.

Implementation Agile methodologies

Deploying automated systems Ensure iterative development


across stores. and faster adaptation.
DSS TYPE AND SOLUTION

Model-Driven DSS:
Optimizes supply chain and logistics (e.g., truck routes).
Data-Driven DSS:
Analyzes customer preferences to tailor offerings.

SOLUTION
A hybrid DSS combining real-time feedback with supply chain algorithms for enhanced efficiency.
FEASIBILITY ANALYSIS

Economic Feasibility: Walmart has


the financial capability to invest in
cutting-edge DSS technology.
Technical Feasibility: Existing
infrastructure supports integration
Operational Feasibility: Strong
with new systems.
workforce readiness for digital
transformation.
Schedule Feasibility: Timelines for
DSS updates are achievable due to
agile methodologies.
PROPOSED SOLUTION
AND STRATEGY

Solution: Walmart should implement a machine learning-based


dynamic pricing system to adjust prices in real-time, maximizing profits
and inventory turnover.

Strategy: Develop partnerships with AI-driven technology providers to


automate pricing, leveraging customer data and market trends. This
aligns with Walmart's low-price leadership strategy while enhancing
efficiency and customer satisfaction.

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