{"id":45,"date":"2013-10-02T21:09:15","date_gmt":"2013-10-03T04:09:15","guid":{"rendered":"https:\/\/blogs.ubc.ca\/kathyhuang\/?p=45"},"modified":"2013-10-08T01:28:57","modified_gmt":"2013-10-08T08:28:57","slug":"employee-cutbacks-harm-walmarts-operations","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/kathyhuang\/2013\/10\/02\/employee-cutbacks-harm-walmarts-operations\/","title":{"rendered":"Walmart’s Value Propositions Treads on Thin Ice"},"content":{"rendered":"

To achieve its value propositions, which is to guarantee low prices and consumer satisfaction, Walmart excels in its values by creating efficient supply chain management and moving products from suppliers to buyers in a timely manner. However, the steady cutback on employees in early 2013<\/a> will seriously undermine the Walmart brand’s promise to its customers. When there aren’t enough people to work in the Walmart stores, inventory sits in the backstock, unable to get to the consumer. This harms society in two ways because the customer doesn’t get what they came for and Walmart’s supply chain flow is disrupted by inventory sitting in the back, creating inventory costs and empty shelf space. Moreover, with a decreased number of employees available to help customers, it will lose customer relationships. In fact, this resulted in Walmart being placed last in the American Consumer Satisfaction Index. <\/p>\n

\"\"<\/a><\/p>\n

Having enough employees to work in the stores is a critical and essential factor for a discount supercenter like Walmart where it is busy and inventory moves off the shelves quickly. One way to save on costs is to increase employee efficiency by implementing employee achievement programs and upgrading break rooms so that each employee will be more motivated to help more customers and stock shelves faster when they are working. The better Walmart can keep up with its customer relationships, cost structure and value propositions, the more customers it will bring in and the better it will be at attaining a good balance of revenue and expenses. <\/p>\n","protected":false},"excerpt":{"rendered":"

To achieve its value propositions, which is to guarantee low prices and consumer satisfaction, Walmart excels in its values by creating efficient supply chain management and moving products from suppliers to buyers in a timely manner. However, the steady cutback … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":19704,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/users\/19704"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":9,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":70,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/posts\/45\/revisions\/70"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/kathyhuang\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}