Wal-mart is able to reduce unproductive inventory by allowing stores to manage their own stocks, reducing pack sizes across many product categories, and timely price markdowns instead of cutting inventory across the board, wal-mart made full use of it capabilities to make more inventories available in case of items that customers wanted the most, while reducing the overall inventory levels.
These advantages, accordingto our text, include:valuable,rare,difficult to imitate,non-substitutablewal-mart’s core competencies:1 culture- one core competency wal-mart has is its culturewal-mart’s employees are hardworking, efficient, and processoriented. Unformatted text preview: made wal-mart who they are todayi also believe that having a great customer service is one of wal-mart’s core competencies a combination of wal-mart’s technological capabilities and their intangible resources, consisting of the people and the culture, makes it an enjoyable place to shop.
Wal-mart has had two major core competencies against which it pegs its competitive advantage over the other players within the chain-store business price and logistics the price factor stands out when one makes the decision to shop at wal-mart since they set prices lower than their competitors hence creating a large customer base. Analysing resources and capabilities of wal mart management essay print reference this in case of wal-mart, it has built a core competency for itself by being a leader in the distribution and retail division, which in turn has led them create a competitive advantage for itself wal-mart made full use of it capabilities to make more.
Andrew lazarow 3/5/10 core competencies are a unique blend of resources and capabilities that add a unique value to products and services of a company over a long period of time these core competencies are what lead to a company’s sustainable competitive advantage i believe that in the case of wal-mart, a combination of the best quality merchandise at unbeatable prices and having great. Wal-mart’s core competencies wal-mart is a company that has taken its core competencies, which are the capabilities the firm emphasizes and performs especially well while pursuing its vision (ireland, hoskisson, hitt, 2008), and turned them into competitive advantages.
According to the harvard business journal, wal-mart's core competencies are buying power, supply chain management and logistical superiority these core competencies allow wal-mart to sell their goods at lower prices than many of their competitors.
Wal-mart is a company that has taken its core competencies, which are the capabilities the firm emphasizes and performs especially well while pursuing its vision (ireland, hoskisson, hitt, 2008), and turned them into competitive advantages. The success of wal-mart is mainly due to its core competences core competences are valuable, rare, costly to imitate and non-substitutable before identifying core competencies of wal-mart the resources and capabilities must be identified.