Summary: This article explores the major uncertainties and challenges that Walmart faces in its procurement and supply management, including geopolitical disruptions, environmental concerns, economic fluctuations, technological advancements, and shifts in consumer behavior. To effectively manage these uncertainties, Walmart can adopt various strategies such as diversifying its supply base, employing risk assessment and contingency planning, leveraging blockchain technology, and embracing sustainability in procurement activities.… Read the rest
Key Strategies for Walmart’s Procurement and Supply Management
