Sustainability Strategy For Walmart Wal Mart - 2465 Words

ï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Wal-Mart Case Study MGMT-6120 Prepared by: Manya Bisht (Net ID: ry6327) Prepared for: Dr. Glen Taylor ï ¿ ¼Ã¯ ¿ ¼CALIFORNIA STATE UNIVERSITY – EAST BAY ï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼November 4, 2014 ï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼ SUSTAINABILITY STRATEGY FOR WALMART Walmart has initiated its sustainability efforts aimed towards hundred percent renewable energy, zero waste and product sustainability. The company has successfully identified its pain points and already achieved success in achieving quick internal process improvements. The company also envisioned and established broader strategy to make sustainability a core of its operations and business model. In my role as the leader of the global sustainability effort, I will identify untapped potential of the sustainability initiative and†¦show more content†¦The above- mentioned framework creates long-term environmental and social benefits by anticipating sustainability measures. All the points of the proposed framework are explained in detail below. 1 Internal Research and Development Center Walmart has the scale and resources to invest in a premium research and development center in partnership with a top university (known for its supply chain programs) like MIT or Michigan State University, to leverage country’s top brains and conduct research in developing pioneering sustainable solutions for all the levels of supply chain. Previously the suppliers have been burdened with the task of researching, developing and adopting green methods and materials. However suppliers do not operate on the same scale as Walmart. Therefore they lack the necessary resources to develop or access innovative techniques that would enable them to transition to sustainable standards, without incurring huge upfront costs. Through its research center Walmart can leverage and develop solutions that would enable the suppliers to improve efficiency and also comply with the strictest sustainability standards required by ï ¿ ¼2 Walmart. The social, economic and environmental cost-benefit analysis of starting a research center are listed below: Costs: i) The initial investment of starting research center in addition to development costs. ii) Uncertainty with regards to willingness of the buyers/suppliers to adopt the