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Walmart Case Study

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  Walmart – A Case Study Walmart as we know it today evolved from Sam Walton’s goals for great value and great customer service. “Mr. Sam,” as he was known, believed in leadership through service. This belief that true leadership depends on willing service was the principle on which Walmart was built, and drove the decisions the company has made for the past 50 years. So much of   Walmart’s history  is tied to the story of Sam Walton himself, and so much of our future will be rooted in Mr. Sam’s principles Walmart boasts over 11,700 stores and serves about 270 million customers. Its business strategy is mainly based on  “ being competitive in terms of assortment, differentiating with the way people access, leading in terms of price, and delivering an incredible experience with the motto of EDLP (Every Day Low Prices). ” Historically, Walmart is known for its two main business keys: One-stop shopping Every Day Low Cost ( EDLC ) or Every Day Low Price ( EDLP ) The comp...
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Six Sigma

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ABSTRACT Six Sigma is a business methodology focused on improving the standard of products or services a company produces by reducing variance within the production process. This increases performance and reduces process variation helps result in defect reduction and improvement in profits, employee morale and quality of products or services. FACT : Six Sigma performance produces a defect-free product  99.99966 % of the time; allowing only  3.4 errors  per one million opportunities. SUMMARY Basically Six Sigma is used to find and reduce errors and increase the efficiency of business process. The main objective of Six Sigma is customer satisfaction, and to get the objective, various methods are used to improve the performance of the business. Main methodologies of Six Sigma are DMAIC and DMADV. INTRODUCTION Six Sigma leaders know that when a production process lacks the steadiness to make high...
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