Preview

thesis of online shopping versus traditional shopping

Better Essays
Open Document
Open Document
4084 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
thesis of online shopping versus traditional shopping
OPERATION & PRODUCTION MANAGEMENT
QUESTION 1
You are required to choose an organization of your choice as a research object and find out the followings in their organization:-
I choose WALMART as my organization.
i. Inventory system
Wal-Mart invested deeply in IT and communication systems to effectively track sales and producerecords in stores across the country. With the rapid growth, it was essential to have a good communication system.Hence, Wal-Mart set up its own satellite communication system in 1983.
Wal-Mart was able to reduce unproductive inventory by allowing stores to manage their own stocks, reducing pack sizes across many product categories, and timely price discounts.Instead of cutting the inventory across the board, Wal-Mart made full use of its IT skills to make more inventories available in the case of items that customers wanted most, while reducing the overall inventory levels.Employees at the stores had the (Magic Wand) a hand-held computer which was linked to in-store stations through a radio frequency network.These helped them to keep track of the inventory in stores, deliveries, and backup produce in stock at the distribution centers.The order management and store replacement of goods were entirely executed with the help of computers through the Point-of-Sales (POS) system.Through this system, it was possible to monitor and track the sales and produce stock levels on the store shelves.

ii. Technology used
Energy Management System (EMS) In the U.S., we employ a national Energy Management System (EMS) to monitor and control the heating, air conditioning, cooling and lighting systems for all stores and Sam 's Club locations from our Home Office in Bentonville, Arkansas. The EMS enables us to always monitor and control energy usage, analyze refrigeration temperatures, observe HVAC and lighting performance, and adjust system levels from a central location 24 hours a day, seven days a week.

a) Daylight Harvesting
Many



References: 1. Coman, A. and Ronen, B. (1995). “Management by Constraints: Coupling IS to SupportChanges in Business Bottlenecks.” Human Systems Management 12, 65-70. 2. Dalton, MA. 2009. What’s constraining your innovation? Research-Technology Management52(5): 52-64. 3. www. Ameraldinsight.com

You May Also Find These Documents Helpful

  • Better Essays

    Technology plays a large role in the performance of Wal-Mart Corporation. The company’s use of technology has contributed to their overwhelming success. The use of computer systems that are able to support the massive inventory, sales, and personnel is a key component of the corporation. Without the proper technology, the company would never have been successful.…

    • 1117 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    The actual database has to be enormous. There are so many products that the Wally keeps track of. All of which must be in the same database because products we don't carry will still scan and give us all the relevant information. This is helpful because it allows people to return products from a "Super Center" that carries a much larger stock than we. Another strong point of the SMART system is that it is linked to the cash registers. When a product is sold, inventory is updated automatically. On hand counts are updated and on some products they are reordered automatically, depending on how many are left. While we are on the topic of strong points I think I will quote the web…

    • 720 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Wal-Mart has grown from just a retail store to a grocery store and also operates a warehouse discount store (Sam’s Club). Wal-Mart’s success not only stems from Sam Walton’s good intentions but also from their technology standpoint. Wal-Mart has an extensive information technology capability that rivals the Pentagon. Wal-Mart’s logistics is impressive to say the least with over 40 regional distributions centers…

    • 1301 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    The company was greatly successful and grew to an exponential level. Wal-Mart opened thousands of stores across the country and even tapped into other countries abroad. By adopting a real-time computer based inventory system, the company was able to cut overhead and limit employees…

    • 1532 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Evidently, Wal- Mart has managed to carry out sound inventory management by stocking products that are used by many people irrespective of their demographics or economic capabilities. These products are provided both in the primary market and other foreign / secondary markets in its stores or through joint venture partnerships (Yahoo, 2009).…

    • 780 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Network Infrastructure

    • 2917 Words
    • 12 Pages

    The expectation is to have a major improvement on customer service. Added technological benefits to sales associates while on the floor will include real time sales pricing quotes, inventory product availability and to check the company website. In store operations will see additional business value through addition of wireless tracking for inventory, merchandise receiving, item ordering and price checking. A solid WLAN solution will interconnect all 10 stores, providing an in store communication that will allow cross checking of inventory between various locations. With the wireless devices in hand associates will be able to send instant messages (IM) to other associates at other locations to inquire about a certain piece of inventory and quantities. This added retail tracking will allow stores to leverage supply chain capabilities by providing merchandise to other regions where inventory is needed to meet a specific request that the local store might not otherwise be able to provide. The Investment…

    • 2917 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Walmart History Timeline

    • 1148 Words
    • 5 Pages

    Having installed a computer in its first distribution center in 1969, it had, by the late 1970s, connected all Wal-Mart stores and distribution centers, along with company headquarters, to a computer network. In 1990, Wal-Mart introduced Retail Link, software connecting its stores, distribution centers, and suppliers, providing detailed inventory data “to bring our suppliers closer to our individual stores” ("Walmart Corporate - History Timeline", n.d., p.…

    • 1148 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Rfid at Walmart

    • 2895 Words
    • 12 Pages

    Walmart opened the first store on July 2, 1962 in Rogers, Arkansas by Sam Walton. The mission for Walmart is to provide lower prices so people could live better. In 2012, Walmart has over 2.2 million associates worldwide and 200 million customers per week at more than 10,000 stores in 27 countries (“History Timeline”, 2013). Effective and efficient supply chain management plays a key role to maintain everyday low prices, great customer service and quality merchandise that Walmart continues to dominant the market as the number one retailer in 2012. Over the past years Walmart made improvements in technology by updating from cash registers in 1983 to computerized point-of-sales systems for faster and accurate checkout. Next, Walmart installed the largest satellite communication system, linking operations with voice, data and video communication (“History Timeline”, 2013). Technology advancements with Walmart’s…

    • 2895 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Walmart has also installed a voice-based order filling (VOF) system in all its grocery distribution centers. Each person that is responsible for assisting the distribution process is provided with a microphone/speaker headset connected to the portable VOF system. Once there, they are guided by voice instruction to item locations in the distribution centers. The VOF system also verifies quantities picked, and could respond to a variety of requests such as providing product detail. This helped Walmart to eliminate mispicks and product labeling costs since the system did not require paper lists and labels to be affixed on the goods. As the world’s largest retailer, actions displayed have the potential to save customers money and help ensure a better world for generations to come. At the same time, it also helps to set the stage for a more financially stable and responsible Walmart. The decision in this area are tied to three aspirational goals: use renewable energy, create zero waste and sell products that give people and the environment friendly products. Walmart is known for being…

    • 1345 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Use organisations you are familiar with as a base to answer all of the following task questions.…

    • 990 Words
    • 4 Pages
    Powerful Essays
  • Best Essays

    I live close to a walmart in Burtonsville MD, so I decided to write this Paper on their Inventory System. Wal-mart, the wholesale retail monopoly, focused on developing an RFID-based electronic product code, or EPC. The electronic code would allow businesses to track shipments and inventory automatically through a system of tags and sensors. It was a potential replacement for the manual scanning of bar codes, a technology that itself revolutionized retail two decades earlier. Given the nearly non-existent cost of bar codes relative to RFID, several in the industry said, the EPC was a solution in search of a problem. Wal-Mart view RFID technology in their SMART system as a means to further enhance its much-envied logistical prowess. Those in the field expected adoption to ultimately be “narrow and deep,” primarily in the area of supply chain management.…

    • 1295 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Online shopping. Many would argue that it’s an easy alternative to leaving the house and going to the mall. Online shopping has many benefits but also many disadvantages. The same goes for shopping at a mall or shopping center. Online shopping cuts a lot of hassle and stress out of going to the store but also has a possibility of charging more. Shopping at a store can be very tiring after plus all the work of putting the stuff you bought away.…

    • 486 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    economic

    • 1369 Words
    • 6 Pages

    4) Describe the stages of the product life cycle, and what are the demand characteristics at each stage?…

    • 1369 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Online shopping or online retailing is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Alternative names are: e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store, and virtual store. An online shop evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. In the case where a business buys from another business, the process is called business-to-business (B2B) online shopping. The largest of these online retailing corporations are eBay and Amazon.com, both based in the United States. Retail success is no longer all about physical stores, this is evident because of the increase in retailers now offering online store interfaces for consumers. With the growth of online shopping, comes a wealth of new market footprint coverage opportunities for stores that can appropriately cater to offshore market demands and service requirements. https://en.wikipedia.org/wiki/Online_shopping‎…

    • 3144 Words
    • 13 Pages
    Better Essays
  • Better Essays

    The Online Shopping Via SMS: Computer Parts and Accessories is a new feature that we are proposing to the Armenia’s Internet Café. Since we are offering that the computer parts and accessories of the Armenia’s Internet Café will be online, they are required to have a PC (admin) with an Internet connection and a database system for the products and customer’s information. Through the Internet, they will also be required to have a website with a domain name itself. The PC (admin) and the domain name alone, of course, require some sort of financial support. If those two requirements would be realized, then a new website is to be built with interface selling the computer parts and accessories that is now online. It provides an interface for the user (customer) registration and fills up all the information needed. The mobile phone number is also needed to be fills up. All of that data will then be going to the PC (admin). So if they will be visiting the site again, they would have just to log in and would not be registering anymore.…

    • 1363 Words
    • 6 Pages
    Better Essays