Wal-Mart Corporation Financial Analysis

Wal-Mart Corporation is considered the world's largest retailer, renown for it's low prices and high volume sales. Wal-Mart's emerging accounting practices include complete automation of accounting functions. Wal-Mart is considered a pioneer of sorts, enabling EDI or electronic transmission of inventory information and Just In Time ordering. As such, they have virtually eliminated the need of middlemen calculating future inventory needs, and assessed potential bottlenecks before they become a problem.

Part of Wal-Mart's success lies in its ability to negotiate TOC practices, JIT and EDI. Wal-Mart has successfully moved toward improving performance by identifying potential bottlenecks or constraints, and also implementing innovative inventory practices and electronic dissemination of information (JIT and EDI). How does Wal-Mart do it? Wal-Mart focuses of EDI enabled JIT purchasing mechanisms. Wal-Mart shifts the "burden" of inventory to the supplier. Inventories move very swiftly with Wal-Mart, due in part to the substantial...
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