One of the biggest challenges Walmart had was to build its reputation. It has more than 2.1 million employees working in 9,230 retail stores in several countries across the globe. Hence, human resource management entails a significant part of the organization. Effective human resource management will help build respective environments, fair competition, and teamwork.
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In the late 1940s, businessman Sam Walton and a former JCPenney employee borrowed a Ben Franklin Stores branch from Butler Brothers. His main emphasis was to sell goods with a low mechanism to get more sales. Walton suggested that when an individual approaches them, the employees must talk to them in the eye, greet their customers, and ask them for any help.
In 1962, Walton established the first Wal-Mart Discount City store at 719 W. Walnut Street in Rogers, Arkansas. Within the first five years of construction, the company stretched to 24 stores around Arkansas and hit $12.6 million in sales frequency.
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Walmart stores use well-famous slogans which are related to low prices. For instance, "the lowest price store." “ save money, live better," "everyday low price," and so on. It uses the strategy of “diversified advertising media” for promotion. It comprises billboards, social media to websites, and TV ads.
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Our experts have provided details about the duties and responsibilities of the human resource manager at Walmart. This includes:
Walmart has strategically executed technology in the daily inventory and operations department in recent times. The significant technologies applied by Walmart stores to sustain its supply chain management cost-effectively are as follows:
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Ali, O., & Hingst, R. (2018). Improving the retailer industry performance through RFID technology: a case study of Wal-Mart and Metro Group. InCases on Quality Initiatives for Organizational Longevity, pp. 196-220. IGI Global. https://doi.org10.4018/978-1-5225-5288-8.ch008
Tan, B., Yan, J., Chen, S., & Liu, X. (2018). The impact of blockchain on food supply chain: The case of Walmart. InInternational Conference on Smart Blockchain, pp. 167-177. Springer, Cham. Retrieved from: The Impact of Blockchain on Food Supply Chain: The Case of Walmart | SpringerLink
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