Logistics SLPMOD1

Name of the organization
Wal-Mart is American public corporation operating retail stores in various formats including discount stores, supercentres and international markets such as UK, China and Japan. It is considered one of the largest retail outlets in the world and it uses its own name to operate in the US. The company began its retail activity in mid 1940 in Iowa. Since then the company has expanded tremendously and in 1969, it was incorporated as Wal-Mart Stores and since then, it has featured as one of the leading companies in New York Stock Exchange. It currently trades mostly on stocks it operates in states such as Arkansas, Kansas, Oklahoma and Missouri. It also features in sales and has managed to provide employment to many Americans.
Primary business
The company deals in a wide range of merchandise and services at reduced prices. These incorporate both national and private brands. The number of distribution centers operated by Wal-Mart can be estimated to be about 121. The company operates about 1000 discount stores in the US. The size of these stores is about 108000 squares feet. The merchandise offered by these stores include family clothing, automobile spare parts, health and beauty products, residence furnishing, electronics, building and construction materials, jewelers and house hold goods. Other goods offered by Wal-Mart include bakery foods, frozen goods and deli goods.
Governmental or non-governmental
Wal-Mart is a public corporation hence it is owned by shareholders. However, the leaders of the company are members of Sam Walton family who also own large stake in the company.
In 1985 Sam Walton developed a program to promote capitalism and privatization. When Walton died in 1992, he left the ownership, of the company to his wife and children, S. Robson Walton T. Walton, Jim Walton and Alice Walton. The succession as the chairman of the board of Wal-Mart went to Rob Walton while John became the director until he died in 2005. Other members of Walton Family are not directly involved in the running of the company but they can vote as shareholders. As a result of this company, 5 members of the Walton family have featured in the top 10 list of richest people in United States.
For profit or non-profit
Wal-Mart is basically a sales company. The company employees are referred to as associates. Unlike other retailing firms, Wal-Mart does not charge a slotting fee for suppliers for their products to materialize in store. On the contrary, it concentrates on selling more admired products and gives incentives for store keepers to eradicate less demanded products and also encouraging manufacturers to supply more popular goods.
Wal-Mart at present f...