Supply Chain Efficiency: The book delves into Walmart's mastery of supply chain management, highlighting how the company's emphasis on efficiency and cost-cutting has influenced the entire industry.
Everyday Low Prices (EDLP): Walmart's commitment to offering everyday low prices is a central theme. The book discusses how this pricing strategy has shaped consumer expectations and affected competitors.
Global Sourcing: Walmart's global sourcing practices, particularly its relationships with suppliers in China and other countries, are explored. The book examines how this impacts not only Walmart's bottom line but also the global economy.
Impact on Small Businesses: Fishman discusses how the rise of Walmart has affected small businesses, often driving them out of business due to the challenges of competing with the retail giant's pricing strategies.
Labor Practices: The book addresses Walmart's labor practices, including issues related to wages, working conditions, and the impact on local communities.
Corporate Responsibility: Fishman examines Walmart's efforts in corporate social responsibility, acknowledging some of the initiatives the company has taken to address environmental concerns and social issues.
Economic Transformation: Walmart's expansion and dominance in retail have led to significant changes in the economic landscape, with effects on both urban and rural areas explored in the book.
Consumer Behavior: The book touches on how Walmart's influence has shaped consumer behavior, emphasizing the importance of low prices and convenience.
Technology and Data Analysis: Walmart's use of technology, including advanced data analytics, is discussed as a key factor in the company's success and efficiency.
Criticism and Controversies: The Wal-Mart Effect doesn't shy away from discussing criticisms and controversies surrounding Walmart, such as its impact on local communities, labor issues, and accusations of anticompetitive practices.
|No of pages
|26 Dec 2006
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