Discussion:
Discussion should focus on the key stakeholders in the supply chain of Walmart.
Market stakeholders of Walmart supply chain:
1. The Stockholders :
These are the people who actually own shares of Wal-Mart and therefore are interesting in seeing a return on their investment.
2. The Wal-Mart Executives :
The top executives of Wal-Mart also have an economic stake in the company just as the regular stockholders do. Many of the top executives received stock options are part of their salary.
3. Non-profit Organizations:
Many non-profit organizations have an economic or market stake in how well Wal-Mart is doing. The Wal-Mart foundation provides many non-profit organizations with funding and if the company is not doing well, the Foundation is not going to do as well either.
4. Online Retailers:
Like other retailers in communities where there is a Wal-Mart, online retailers also have a stake in how well Wal-Mart is doing. Wal-Mart totally revamped their website in 2000 in order to make it a more profitable part of their retail empire.
Non-market stakeholders:
1. Labor Unions:
Labor unions have a political stake in Wal-Mart has a strict policy about not having their workers unionized. Wal-Mart takes the position that they are better able to take care of their employees and provide them with the best benefits and compensation plans.
2. International Retail Stores:
One of Wal-Mart’s key policy issues has been to move into the international retail market and open stores in other countries. Wal-Mart must work closely with Public Relations firms in those countries in order to make sure there is no backlash against them moving into other countries. They must also be careful to follow the laws of each of those countries when they open new stores.
3. Politicians:
Politicians have a non-market stake in Wal-Mart for several reasons. First of all, politicians may or may not want Wal-Mart opening in their district. On one hand, it may be good for the community.
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Discussion: Discussion should focus on the key stakeholders in the supply chain of Walmart.
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