BMQ # 352823

Questions:
Choose an organization delivering goods and/or services globally.
Provide a background of the organization
Fully describe six components of the organization's supply chain.
Examine the potential problems related to each of the components described
Explain the approaches of the organization for solving the problems.

Response below:

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Introduction Supply chains are the process of moving merchandise; beginning from buyer orders, to raw materials, to supply, through production; thus, final distribution of the merchandise to customers. Every company has a supply chain of some differing degree. Dependent upon organizational size and the category of manufactured goods. This supply chain system obtains components and supplies, changes them into finished products, and then distributes them to consumers.
Background of the organization Wal-Mart serves its customers over 200 million times per week, at approximately 8,692 retail units, beneath 55 singular banners, within 15 different nations. As of fiscal year 2010, sales were approximately 405 billion dollars. Wal-Mart employs approximately 2 million associates worldwide and is ranked #1 on Fortune's Global 500 list (Wal-Mart, 2010). Despite the global recession, including high gas prices and higher unemployment, Wal-Mart's international sales continue to increase. Wal-Mart's CEO Michael Duke told shareholders, "Global markets are "becoming an even bigger and more important part of our company" (Tseng, 2010). Wal-Mart's success, is that their corporation has embraced the global economy; with $405B in sales last year alone. Each operational strategy is framed around a global enterprise (Wal-Mart, 2010). Additionally, Wal-Mart has personally embraced and executed the definition of operations management and supply chain management, in that they have