Final Project Milestone One: Demand Forecasting and Sourcing

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You will submit an assessment of the supply and demand of Walmart and its product flow, as discussed in the Walmart China—Supply Chain Transportation case study. You will also evaluate the network sourcing strategy of Walmart to identify areas that may be in need of improvement and will leave room for future expansion.

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Sourcing: In this section, first evaluate the network sourcing strategy of Walmart in order to then identify possible areas in need of improvement that will leave room for future expansion. A. Evaluation: Assess the current network sourcing strategy and determine whether or not the number and quality of suppliers is the optimal mix for the operation. To what extent do the current suppliers meet steady‐state and peak demand? Are they consistently providing products that meet or exceed Walmart’s quality standards? Defend your assessment with examples. B. Recommendations 1. Recommend a strategy to optimize the sourcing network that takes into account current operations and leaves room for future expansion. Be sure to consider any alternative sources of materials available to the organization in your response. III. Note: For this milestone, you will complete critical elements II.A, III.A, and III.B.1. As a reminder, you will need to complete additional critical elements (II.B and III.B.2–3) for this part of the final submission of your final project. Keep those elements in mind as you work through this milestone. Demand Forecasting: In this section, first assess the supply and demand side of Walmart’s product flow, including the customer’s needs and the supplier’s capabilities, in order to then identify potential alignments that will keep cost and waste at a minimum. A. Evaluation 1. Analyze Walmart’s suppliers in terms of their abilities to meet the demand of customers during steady‐state and peak operations. How effective are each supplier’s inventory reorder points and economic order quantities? Support your analysis with quantitative examples. 2. Additionally, describe demand‐forecasting constraints that exist within the supply chain. For example, consider the distance of the stores and the compatibility of the products in terms of shipping, storage, and so on. II. Specifically, the following critical elements must be addressed: Prompt: For this milestone, you will submit an assessment of the supply and demand of Walmart and its product flow, as discussed in the Walmart China: Supply Chain Transportation case study. You will also evaluate the network sourcing strategy of Walmart to identify areas that may be in need of improvement and will leave room for future expansion. Overview: The final project for this course is the creation of a supply chain evaluation. Supply chain management (SCM) is a holistic view of a company’s efforts to source, procure, receive, store, and deliver products. These products can be raw materials for a manufacturing process, consumer goods for a retail chain, or a collection of items that will be joined in some way before ultimate delivery to the customer. In today’s global economic environment, SCM takes on an increasing level of complexity as companies attempt to reduce costs, drive efficiency, and remain compliant with the corporate social responsibilities that today’s consumers demand. QSO 330 Milestone One Guidelines and Rubric Assesses the current network strategy to determine how optimal the supplier mix is for the operation, citing specific supporting evidence Recommends an effective strategy for optimizing the sourcing network that takes into account current operations and leaves room for future expansion Submission has no major errors related to citations, grammar, spelling, syntax, or organization Sourcing: Recommendation: Strategy to Optimize Articulation of Response Proficient (100%) Accurately analyzes suppliers’ abilities to meet customer demand during steady‐state and peak operations using valid supporting quantitative evidence Describes all relevant demand forecasting constraints of the supply chain using specific details Sourcing: Evaluation Demand Forecasting: Evaluation: Constraints Critical Elements Demand Forecasting: Evaluation: Suppliers Needs Improvement (75%) Discusses the suppliers’ abilities to meet various customer demands, but there are gaps in necessary detail, accuracy, or the quantitative evidence Discusses demand forecasting constraints but fails to consider all relevant constraints or cite specific details Discusses the current network strategy in terms of the supplier mix, but there are logical gaps in the assessment, or the assessment is not sufficiently supported with specific evidence Discusses a strategy for optimizing the sourcing network but fails to propose a fully effective strategy that takes into account current operations and potential future expansion Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Total Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Does not discuss a strategy for optimizing the sourcing network Does not discuss the current network strategy Does not discuss demand forecasting constraints Not Evident (0%) Does not discuss the suppliers’ abilities to meet various customer demands 100% 12 22 22 22 Value 22 Guidelines for Submission: Your paper should be a 3‐ to 4‐page Microsoft Word document with double spacing, 12‐point Times New Roman font, one‐inch margins, and at least three sources cited in APA format. Rubric Sourcing: In this section, first evaluate the network sourcing strategy of Walmart in order to then identify possible areas in need of improvement that will leave room for future expansion. A. Evaluation: Assess the current network sourcing strategy and determine whether or not the number and quality of suppliers is the optimal mix for the operation. To what extent do the current suppliers meet steady‐state and peak demand? Are they consistently providing products that meet or exceed Walmart’s quality standards? Defend your assessment with examples. B. Recommendations 1. Recommend a strategy to optimize the sourcing network that takes into account current operations and leaves room for future expansion. Be sure to consider any alternative sources of materials available to the organization in your response. III. Note: For this milestone, you will complete critical elements II.A, III.A, and III.B.1. As a reminder, you will need to complete additional critical elements (II.B and III.B.2–3) for this part of the final submission of your final project. Keep those elements in mind as you work through this milestone. Demand Forecasting: In this section, first assess the supply and demand side of Walmart’s product flow, including the customer’s needs and the supplier’s capabilities, in order to then identify potential alignments that will keep cost and waste at a minimum. A. Evaluation 1. Analyze Walmart’s suppliers in terms of their abilities to meet the demand of customers during steady‐state and peak operations. How effective are each supplier’s inventory reorder points and economic order quantities? Support your analysis with quantitative examples. 2. Additionally, describe demand‐forecasting constraints that exist within the supply chain. For example, consider the distance of the stores and the compatibility of the products in terms of shipping, storage, and so on. II. Specifically, the following critical elements must be addressed: Prompt: For this milestone, you will submit an assessment of the supply and demand of Walmart and its product flow, as discussed in the Walmart China: Supply Chain Transportation case study. You will also evaluate the network sourcing strategy of Walmart to identify areas that may be in need of improvement and will leave room for future expansion. Overview: The final project for this course is the creation of a supply chain evaluation. Supply chain management (SCM) is a holistic view of a company’s efforts to source, procure, receive, store, and deliver products. These products can be raw materials for a manufacturing process, consumer goods for a retail chain, or a collection of items that will be joined in some way before ultimate delivery to the customer. In today’s global economic environment, SCM takes on an increasing level of complexity as companies attempt to reduce costs, drive efficiency, and remain compliant with the corporate social responsibilities that today’s consumers demand. QSO 330 Milestone One Guidelines and Rubric Assesses the current network strategy to determine how optimal the supplier mix is for the operation, citing specific supporting evidence Recommends an effective strategy for optimizing the sourcing network that takes into account current operations and leaves room for future expansion Submission has no major errors related to citations, grammar, spelling, syntax, or organization Sourcing: Recommendation: Strategy to Optimize Articulation of Response Proficient (100%) Accurately analyzes suppliers’ abilities to meet customer demand during steady‐state and peak operations using valid supporting quantitative evidence Describes all relevant demand forecasting constraints of the supply chain using specific details Sourcing: Evaluation Demand Forecasting: Evaluation: Constraints Critical Elements Demand Forecasting: Evaluation: Suppliers Needs Improvement (75%) Discusses the suppliers’ abilities to meet various customer demands, but there are gaps in necessary detail, accuracy, or the quantitative evidence Discusses demand forecasting constraints but fails to consider all relevant constraints or cite specific details Discusses the current network strategy in terms of the supplier mix, but there are logical gaps in the assessment, or the assessment is not sufficiently supported with specific evidence Discusses a strategy for optimizing the sourcing network but fails to propose a fully effective strategy that takes into account current operations and potential future expansion Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Total Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Does not discuss a strategy for optimizing the sourcing network Does not discuss the current network strategy Does not discuss demand forecasting constraints Not Evident (0%) Does not discuss the suppliers’ abilities to meet various customer demands 100% 12 22 22 22 Value 22 Guidelines for Submission: Your paper should be a 3‐ to 4‐page Microsoft Word document with double spacing, 12‐point Times New Roman font, one‐inch margins, and at least three sources cited in APA format. Rubric
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Hello. I am through with the paper. grammar is perfect and no plagiarism. The paper is good now. However, you can contact me in case you want anything more. pleasure working with you. goodbye

Running Head: CHINA’S WALMART SUPPLY CHAIN TRANSPORTATION

China'swalmart: Supply chain transportation
Name
Institution

1

CHINA’S WALMART SUPPLY CHAIN TRANSPORTATION

2

Introduction
Wal-Mart is a multinational firm based in Arkansas. It is a giant company with over ten
hundred stores. Every week, this company has a capacity of serving at least 250 million
customers globally. In China, we have a Wal-Mart store which was opened in the mid of 1996
and which currently serve more than four hundred retail stores. Over the years, the supply chain
for Wal-Mart distribution has been realized considerable success in different parts of the world
due to more profound management support when it comes to both competitive market advantage
as well as capital investment. However, Wal-Mart stores in China have for more than three years
been unable to meet the needs of its clients. This paper will be discussing the suppliers and
customers of the Wal-Mart stores in China by evaluating the areas that clients need to improve
and enhance its efficiency. Within the course of this paper, detailed information about the
element of the supply chain of sourcing in Wal-Mart.
Demand fore...


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