Discuss the impact of these cost reduction methods

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Reference no: EM132511309

Part 1

Transportation Success Factors

In this discussion, explain the key transportation success factors in GSCM. In your explanation, apply the success factors to your selected company. Wal-Mart

In your initial post, address transportation methods comparing their costs along with variance in reliability, speed, and security. Discuss the reasons that your selected firm or business unit might use or not use each method. Base your insights about your selected firm or business unit on professional (Wall Street Journal, trade books, magazines, or websites) or scholarly sources (peer-reviewed journal articles).

Part 2

Procurement and Inventory Cost-Reduction Methods

In this discussion:Wal-Mart

• Explain the commonly used procurement and inventory cost reduction methods for your selected company.Wal- Mart

• Discuss the impact of these cost reduction methods on suppliers and customers.

• Discuss the benefits and risks of the selected methods to the company.

• Explain if your selected company needs to deal with seasonality and how it matches procurement and inventory to address seasonality. For example, if your selected company produces and sells farm equipment, explain how the firm shifts production and/or shipping around the world to balance supply and demand of its products throughout the year.

Reference no: EM132511309

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