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NORTH SOUTH UNIVERSITY
Department of Management
A Report on
Submitted By:
Submitted To:
Saila Anjuman- 1921751030
Meshbaul Hassan Chowdhury
Shahadat Hossain Bijoy- 1921114030
Course: MGT314
Lamisa Humayra- 1922210630
Section: 15
Israt Jahan Amin Shoshi- 1922141630
Submission Date: 10th September, 2021
Md. Emon Ahmed- 1931242030
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REFRIGERATORS & FREEZERS
ACKNOWLEDGEMENT
We have gained a great deal of expertise and knowledge in the area of Operational Management
Functions as a result of this project, which is truly exceptional. First and foremost, we would like
to express our sincere gratitude to Allah, the Almighty, for bestowing this power upon us in
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order to put in our best effort and write our Report on "Walton Refrigerators." We're pretty
excited about it.
We've been lucky in that we've had nearly universally positive and sincere assistance, oversight,
and cooperation from everyone the members of the group when compiling this Report. First and
foremost, we would like to express our gratitude to our course faculty, Meshbaul Hassan
Chowdhury's Department of Management. This Report would not have been possible without his
assistance. First and foremost, we would like to express our gratitude to Hasanul Banna, an
engineer at Walton Home. Thank you to the appliance section for their essential time and
pertinent information, which has assisted us in our endeavors.
Executive Summary
Walton is the pioneer of electric product manufacturing in Bangladesh with the slogan "Made in
Bangladesh." Starting from 2006, they are now the first multinational manufacturing company in
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Bangladesh. It has significant potential growth in the country as a leading national brand with a
national image. Among all other good quality products, their Refrigerator is the most popular and
widely accepted that has captured 70% of the local market share. With ISO certificate, it is also
started to capture the international market. In this project, we discuss Walton's current market
condition, market share, market leader, competitors, business growth potential, most popular
products, the product with the highest market demand, future business opportunities, and so on.
We also use Porter's five forces model. Where we discuss: the threat of new entrance, the threat
of substitute, industry rivalry, bargaining power of buyers, bargaining power of suppliers. We
gave a company overview and industry analysis. Here we mainly analyze Supply chain
management, Inventory management, and we also analyze Operational performance analysis like
productivity and competitiveness. We also discuss some of the operational problems that Walton
has and how they combat them. Walton's way of producing and delivering its mass products like
Refrigerators is becoming more efficient and faster. Which will help them to catch new markets
in the world and gives more sustain power against competitors. Walton tries to provide their
customers the best service quickly; the Refrigerators and freezer industry is gradually increasing
day by day. At last, we concluded our Report with some recommendations for smoother and
faster activities for the company.
Table of Contents
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Industry Analysis
Walton Technologies is one of the sister concerns of R.B. Group of Companies Ltd. is now one
of the leading companies in "Bangladesh. It holds its long-cherished desire to be the Number
One 'company in "Bangladesh, both in volume and turnover, which inspired it to go for
expansion of its market internally to establish itself as a high-quality achiever.
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Market Share:
Walton's merchandise like Smartphones preserves 6%, Television 27%, Air conditioners 22%,
and Refrigerators & Freezer 67% of the marketplace shares. Since there may be an exquisite call
for the product, each domestically and foreign, Walton desire to enlarge their merchandise and
export it to different nations. Walton merchandise is tagged with "Made in Bangladesh." They
are promoting merchandise to extra than 20 nations like Australia, Middle East, and African
countries. (Walton).
Market Leader:
The marketplace boom for Smartphones is 15.4%, Television 13.24%, Air Conditioner 450%,
and Refrigerators & Freezer is 77%. Refrigerators & Freezers are of diverse sorts starting from
Non-frost, frost, beverage freezers with ultra-technology like C.F.C. free, Inverter, Nano fitness
care, and anti-fungal door glass freezers. Our manufacturing unit is positioned in Gazipur, close
to Dhaka, and delivery of our merchandise is at some stage in the entire country. 10,500 gadgets
of fridges and freezers are produced each month.
Competitors:
WALTON has country-wide Retail Sales Outlets and extra than forty Service Points with
exceptionally professional and green technical personnel. Fast carrier transport of WALTON
makes the organization stand proud of the competitors. The organization makes use of best-in-
magnificence technologically superior production centers to validate and make sure all products'
improvements are designed around people's wants and aspirations, touching one's existence each
day. Also, the varied product range, contribution to Sports Events, C.S.R. sports altogether
makes the logo an appealing vacation spot for the consumers. Furthermore, the presence of
WALTON inside the international market, inclusive of international locations like U.A.E,
Australia, Singapore, and India, performs a superb position in photograph constructing and
subsequently in a growing marketplace proportion of the organization. (Group)
Business Growth Potential:
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Walton has enormous business growth potential. Every year Walton's profit increase
dramatically, and they are adding new standard items of products. In the financial year 2013-14,
the company had earned 314 crores Tk. In the next financial years in 2014-15, 2015-16, 2016-17,
the company made 502, 621, 734 crores Tk and we can see it is increasing every year. Though in
the year 2017-18, the company fell down to 352 crores because of the promotion and investment
but surprising in the year 2018-19 company earned 1,376 crores Tk. In recent years Walton has
been giving more focus on exporting. So we can analyze Walton has excellent business growth
opportunities.
Most Popular Products:
Walton distributes around 4,500 types and models of electric, electronic, and automotive goods.
Among them, the most popular products are Refrigerator, Television, Mobile phone, Washing
machine, Air Conditioner, Air Purifier, Air Cooler, Blender and Juicer, Cloth Dryer, Coffee
Maker, Hair Dryer, and
Straightener, Iron, Electric
Kettle, Rechargeable Lamp, and
Torch, Room Heater, Sewing
Machine, Toaster, Cake and
Sandwich Maker, Trimmer,
Shaver, and Hair clipper,
Vacuum Cleaner, Voltage
Stabilizer, Water purifier and
dispenser, I.P.S., Energy Saving
Bulb and so on.
Products of Walton with Highest Market Growth:
Walton Bangladesh Limited has incredible potential growth in the country as a leading national
brand with a national image. Products of Walton with the Highest Market Growth are;
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1. Refrigerator & Freezer.
2. Motorcycle.
3. Air conditioner.
4. Television (C.R.T., LCD)
5. DVD Player.
6. Microwave & Steam Oven.
7. Domestic and Industrial Generator.
8. Manganese & Alkaline Battery.
The Product with Highest Market Demand:
Though Walton has many products among them, Refrigerator has the highest market demand in
our country. Our country is an overpopulated country, and here people started to live in small
families. Because of the preference to live in small families, every individual family needs at
least one Refrigerator. So in this overpopulated Bangladesh, Walton's Refrigerator has the
highest market demand.
Further Business Opportunities:
Walton is one of the leading companies focusing on the area of electronics in Bangladesh. It is
dedicated to creating and delivering products of unquestionable quality that enable people to
enjoy more entertainment and comfort. In this spirit, Walton encourages its employees to ensure
quality products and service. Though Walton has many consequences, they should produce more
wide variety of products as Bangladesh has a huge market for Walton. They can achieve huge
sales growth by delivering quality and new products. They can increase sales in major cities.
Already they have brand value, so they can also increase sales in rural areas. Because of the
quality and satisfaction of consumers, Walton is expanding their brand image in so many other
countries. By Exporting quality and unique products, they can get the market share of other
countries also.
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Porter's five forces model:
Nowadays market places are dynamic in our country. The customers expect more from the
company. Their aspects enhance the marketplace in many ways. By porter's five forces model,
we can analyze the market condition of Walton.
The threat of New Entrant: New entrant threat for Walton is moderate. Because Electronic
items initial investment is high. Building a distributive network is not that much easy for new
investors in this sector.
The threat of Substitute: Substitute products and services are a high threat for Walton. There is
a lot of company that is selling the same effect like Walton in a lower price or in high price with
good quality. Customers can divert easily to those products, so that is a significant threat.
Industry Rivalry: Industry rivalry among the existing company is moderately low for Walton.
Sometimes it can fluctuate if existing firms if the market is strategically diverse and target the
same types of market.
Bargaining Power of Buyers: Strong bargaining power reduces a company's profitability and
makes the industry more competitive. Walton's buyer's bargaining power is high. Because their
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customers can switch to close competitors like L.G., Butterfly, etc. For choosing electronic
products, customers are more sensitive about the price and combination of the products. This
naturally increases their bargaining power.
Bargaining Power of Supplier: Walton company imports its raw materials and electronics
parts mainly from China. There the production cost is comparatively low. The variations among
products are also downward. This decreases the bargaining power of Walton suppliers.
Company Background
The business has been in operation since 1977. In early 2008, WHIL began manufacturing
refrigerators, freezers, air conditioners, and compressors and has since expanded its operations to
include televisions, home appliances, and electrical appliances. By its strong production base,
high-quality goods, competitive pricing, extensive market penetration, and, last but not least,
rapid after-sales services in Bangladesh, Walton & Marcel has established itself as the most
reputable and renowned brand in the engineering and environmental services industry. As a
result, both Brands have amassed significant market share in a relatively short amount of time.
They have established themselves as the most dominant performers in the E&E industry in the
country. A few of the products in the WHIL product line include refrigerators (both frost and
non-frost), freezers, air conditioners, compressors, and televisions.
Since the early 2000s, Walton has focused its efforts on electronics and vehicles, which have
become its most important revenue generators. Walton Digi-Tech Industries, a smartphone and
tablet manufacturing facility, was officially opened on October 5, 2017, by C.E.O. Michael
Walton. Walton Corporation officially opened its first computer and laptop production plant on
January 18, 2018.
Walton High-Tech, Inc. In 2006, Industries Limited established its manufacturing facility in
Chandra in the Gazipur district of Kaliakoir, roughly 40 kilometers north of the capital Dhaka.
Walton employs more than 20,000 people across 22 manufacturing facilities covering more than
680 acres of plant space. Based on current market conditions, the annual production capacity is
10 million units per year. With its unbeatable ability to manufacture Electrical and Electronics
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goods in the most competitive way possible in terms of quality, cost, design, and innovation,
Walton has established itself as a giant professional manufacturer in the relevant industry. He has
earned a high reputation for himself in that regard.
Company Overview:
Walton Hi-Tech Industries Ltd. is the one and only manufacturer of the multi-staged
Refrigerator, freezer, air conditioner, television, and motorcycle technology in Bangladesh and
South Asia and is regarded as one of the most sophisticated manufacturing plants the country and
the region. Walton Hi-Tech Industries Ltd. is headquartered in Dhaka, Bangladesh. WALTON,
R. B. Group (Mother Company) is the country's leading business group in electrical and
electronic products, motorcycles, electricity-producing equipment, and other households'
electrical and electronic appliances.
Mission Statement:
Products based on the newest technology, with unique design, outstanding quality, and a variety
of models and capacities are what the company strives to deliver to its customers.
Vision Statement:
As a result of its extensive knowledge and track record in a wide range of electrical sectors,
Walton has gained national and international acclaim for its achievements. Walton is a pioneer in
developing state-of-the-art designs and modern technology. It has a significant market share in
products such as multi-stored refrigerators, freezers, air conditioners, LED/LCD televisions,
motorcycles, and smartphones, and home appliances, among other things. Walton is
headquartered in Chicago, Illinois. WALTON has established itself as the leading exporting
Bangladeshi firm in electronics, with a global footprint in more than 20 countries. By 2020,
Walton will have a presence in practically every country on the face of the planet.
The Walton company is pursuing its 21st-century mission of being a truly universal digital brand
through innovative design, cutting-edge technology, and a commitment to providing excellent
customer service. The Walton service network is the only after-sales service network in the
country certified to the ISO 9001:2008 standard. The products of the company have gained a
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significant portion of the local market. They are also being exported to many nations across the
world, including the United Arab Emirates, Myanmar, Sudan, Qatar, and others. And we are
poised to gain significant market access in countries such as Australia, Singapore, Poland,
Romania, Ethiopia, Saudi Arabia, South Africa, Oman, Kuwait, Yemen, Bhutan, Nepal, Bahrain,
Nigeria, Ghana, and other African countries.
Production Capacity:
Walton is the most recent global electronics, automobiles, and appliance brand with one of the
world's best-known research and development facilities manufacturing under the Bangladesh
Group headquarters through numerous subsidiaries. Walton's success can be attributed to its
ability to manage production capacity and customize new products to meet customers' needs. To
manufacture these components, the company implements world-class types of machinery such as
thermoforming, channel extrusion, ABS/HIPS sheet extrusion, magnetic strip extrusion, P.P.
hollow sheet extrusion, five-axis vertical milling machine, ultrasonic welding, injection molding,
Styrofoam manufacturing, high-speed power presses, fin presses, corrugation, S.M.T. picks and
place machine, S.P.G. printing machine, Tamura wave solder machine, auto insertion, etc.
Walton is a market leader in producing state-of-the-art designs and cutting-edge technologies,
focusing on multi-storied refrigerators, freezers, air conditioners, LED/LCD televisions,
motorcycles, smartphones, and household appliances. Every year, Walton's Innovation strives for
more significant social advancement through the implementation of sophisticated technologies
with the capacity of 3,000,000 refrigerators, 1.5 million televisions, 0.30 million air conditioners,
0.15 million, and motorcycles per year. More than 4000 retail outlets, exclusive distributors, and
dealers constitute Walton's retail network. After-sales service is available at more than 72
modern and possibly the best Walton service centers, including an ISO-certified central service
center. Customers' problems can be addressed from a single point of view, and solutions that
incorporate the essential items can be created.
Factory Location and Capacity:
Walton Hi-Tech Industries Limited, also known as Walton, is a Bangladesh private limited
corporation. It is an R.B. Group sibling firm. Walton is one of the leading manufacturing
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businesses in South Asia that manufactures electronic products, automobiles, and electrical
equipment. Their headquarters are located in Dhaka, Bangladesh. Walton employs more than
20,000 people across 22 manufacturing facilities covering more than 680 acres of factory space
in total. Depending on market demand, the company's annual production capacity is 10 million
units.
Walton creates incredibly high-quality and long-lasting refrigerators, freezers, air conditioners,
and motorcycles at its state-of-the-art facility in Chandra, Gazipur district, approximately 40
kilometers (25 miles) north of Dhaka. Since 2008, it has been producing and promoting
commercial products under 'Walton in Every Home.'
Walton is a recognized firm of ISO 9001:2008 Q.M.S. and ISO 14100:2004 E.M.S. For
manufacturing their products, Walton constantly implements leading worldwide technologies. It
strives to develop its dream into one of the top manufacturers of electrical and electronic high-
quality products utilizing the greatest technologies.
Further Growth Potentials and Opportunities:
Over the following five years, Walton aims to increase the entire market share. They positioned
themselves pretty successfully as an eco-friendly and customer-friendly company. It is following
the contribution of Sales Service to establishing this image into the minds of customers. Due to
the company's target market of middle-income individuals, their products are priced lesser than
many competitors. This technique significantly benefits the organization in a valuation consumer
market. Walton has intensified promotional operations in recent years by arranging a variety of
national sporting events. For future growth, it has established a market development strategy,
market penetration, and product development.
The people of Bangladesh are incredibly patriotic. Therefore, if quality products and services
remain consistent after-sale, customers will prefer Walton products more. Bangladesh is a
crowded area with a high demand for cellphones. For the company, it's not too expensive to
recruit skilled employees. The opportunity for expansion is therefore very great. Under Dhaka
Stock Exchange, Walton has not yet been enlisted. There is, therefore, a significant chance to go
listed and earn a large quantity of capital investment to build the company.
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Supply Chain Management
Supply chain management is the optimization of the product creation and process, from raw
material procurement to production, logistics, and delivery to end customers.
Walton's main suppliers are Taiwan and China. The main raw materials for the manufacture of
refrigerators, such as iron plates, are imported from there. In addition, other materials are
supplied by its subsidiary.
The best location for Walton suppliers is Kaliakoir in Gazipur. The location is convenient in the
center of the country. Therefore, the provider can easily access the factory. And Gazipur's
Walton High-Tech Park is where we supply a lot of materials for the production of refrigerators
near the refrigerator manufacturing equipment.
The bullwhip impact can be clarified as an event recognized by the supply chain where orders
sent to the producer and provider make a bigger change at that point the deals to the conclusion
client. These sporadic orders within the lower portion of the supply chain create more distinct
higher up within the supply chain. The bullwhip effect has been seen well before Eid-Al-Adha.
In the meantime, customer demand is expected to increase, and as a result, retailers are
forecasting higher amounts with safety stock in mind. Distributors also place more orders and
ultimately more orders for raw materials by the manufacturing sector. Walton is managing this
impact by analyzing data from previous years and forecasting actual demand. Make sure they
don't overestimate your predictions and reduce wastage by the whip effect.
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China and Taiwan provide the majority of the raw resources. Walton's companies develop other
materials. It's kept in the material warehouse and can be used on the assembly line whenever
needed. They are held in warehouses after manufacturing, then shipped to various vendors,
distributed to retailers, and lastly delivered to customers by retailers. The flow of materials:
Walton makes world-class fridges and coolers at its advanced and completely programmed plant,
one of the greatest in South Asia. Fridges and coolers are fabricated utilizing the most recent
innovation and tall quality compressors. The innovation guarantees a longer cooling framework,
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moo vitality utilization, and correct dampness for keeping up nourishment esteem. The
condenser is made of 100 percent copper, in agreement with the worldwide standard. Walton
fridges offer distinctive models with eye-catching plans and colors. Save parts counting
entryways are changeable and accessible all over within the nation. [ CITATION BDR \l 1033 ]
The Covid19 pandemic has taken a toll on their business. Despite the strong demand for
refrigerators on the market during the pandemic, their production has been halted for a long time.
However, soon after the lockdown was eased, production resumed in accordance with all health
measures following government rules and policies.
Walton's goal is to ensure the safety of all employees and provide a variety of eventually social
and psychological support along with running our business. A support package has been
announced to ensure the safety of Walton employees during production, marketing, and service
activities during the outbreak of the Covid19 pandemic.
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Inventory Management
Walton's inventory management is the system of ordering, storing, using, and selling the
company's inventory of refrigerators. These cover the storage and processing of raw materials,
components, and finished goods and the administration of raw materials, components, and final
products. Walton manufactures all the parts used to assemble their refrigerators in the
warehouse.
The full inventory classification of Walton Refrigerator is as follows:
Types Applied Inventory
Raw Material Metal Sheet, Metal Wire, Copper, Aluminum,
Polyfoam, Plastic
Work-in-Progress Compressor, Condenser, Cooling Fan,
Thermostat, Receiver
Finished Good Refrigerator
Replacement Spare Parts
Supplies
Walton uses the Perpetual Inventory System for counting their inventories. They track the
removal of items from the inventory stock and monitor each inventory item's current stock level.
For usage, Walton follows the LIFO (Last in First Out) method. That is why they keep the
inventories for a short time, around 10 days.
Inventory Model Analysis:
As Walton follows the LIFO model and they manufacture their own parts for assembling
refrigerators, the Economic Production Quantity (EPQ) model is the most appropriate for their
inventory management.
To explain the process, the inventory levels of compressors will be used as the main and
important component in manufacturing refrigerators. A single unit of compressor needs to
manufacture a single unit of a refrigerator. Walton produces around 10,500 units of refrigerators
each month, putting the annual demand at 126,000 units. The company operates 300 days a year.
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So, we get a usage rate of 400 units per day. The estimated holding cost per unit is BDT 220, and
the estimated set-up cost is BDT 4,500. Walton can produce around 600 units per day.
According to the EPQ Parameters:
Operating Days= 300 Days
Demand (D)= 126,000 units
Production Rate (p)= 600 units per day
Usage Rate (u)= 400 units per day
Holding Cost (H)= BDT 220 per unit
Set-Up Cost (S)= BDT 4500
2 DS p 2 ×126,000 × 4500 600
Qp= √ √H p−u
= √ 220 √ 600−400
= 3933
According to the EPQ Model, the optimal run size (Qp) is 3933. Thus, this optimal run size of
compressors can be rounded up by 4000. This Qp value gives us a cycle time of (Qp / u) or
around 10 days and a run time of (Qp / p) or around 7 days. This means each batch of
compressors is produced every 10 days, and the production is run for 7 days.
Qp
The maximum average inventory (Imax) is around [ ( p−u)] or around 1,334 units.
p
Imax D
TC= H+S= H+ S
2 Qp
1334 126,000
= 2 × 220+ 4000 × 4500
= 2,88,490
So, the minimized Total Cost for inventory sustained by Walton for their refrigerators is around
BDT 2,88,490. This is achieved at the run quantity of (Imax/2) units or 667 Taka.
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Inventory Cycle:
As Walton manufactures their compressors, the safety stock is kept at relatively low levels at
around 100 units. Production starts and runs for 7 days. After the 7 day run time, the inventory
level reaches the minimum annual cost at 667 units. The inventory stock then falls to the safety
stock amount after 3 more days, marking the 10-day cycle time. At that point, production starts
once again. Walton goes through 30 production runs each year.
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Operational Performance Analysis
What is their strategy?
Walton applies a "competitive positioning strategy" to stay ahead of its competition when it
comes to the electronic market. They have properly qualified marketers who do everything they
can to establish a favorable impression in the minds of their customers.
What is their core strategy?
The core strategy of Walton is "Cost Leadership." Cost leadership is a marketing term that refers
to a company's projection of itself as the least expensive manufacturer or distributor of a certain
product or commodity in a competitive environment. It is challenging to implement the strategy
since the management must frequently work to reduce costs at all levels in order to stay
competitive.
Walton is one of the nation's major electrical and electronic manufacturing companies, with a
presence in every state. Their household appliance items in Bangladesh are focusing on a niche
market with high-quality and affordable products as the foundation of their marketing strategy.
Instead of targeting a certain bunch of people, they target those who have the ability to purchase
their items. Everybody in our country is becoming more aware of a product's brand, and they
want to buy a high-quality product lasting for a long time. For example, the Walton industry is
aiming to create a more technologically advanced basement.
What are their operational strategies?
Walton understands what customers desire, which is why they can operate so successfully in the
market. Their operational strategies may contain the following factors:
Quality:
Walton offers high-quality products at a reasonable price level. They take great care in providing
their services to customers, allowing them to grab the market flawlessly. The company has
always prioritized product quality and incorporates the most cutting-edge technological
innovations into its goods. It has highly trained and qualified professional engineering employees
who work with domestic and international partners to provide its valued customers.
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Flexibility:
Walton makes every effort to use the most up-to-date services available. Walton is currently
attempting to provide service to all parts of our country. They are doing their best to maintain the
best service levels even if the quality and availability of service are not guaranteed as it is
dependent on numerous technological, environmental, and legal issues.
Cost:
The current state of the market is quite ultimate. People are looking for services that will satisfy
their needs and expectations, as well as their budget. Walton believes that the current market is
capable of providing complete customer pleasure. They can satisfy at least a portion of
customer's needs. It's important to them to keep in mind that these consumers are from the
middle class with a low, middle-class income range, and they're uninformed on pricing and
product quality.
Walton's strategies continue to manage operating costs and capital spending efficiently, increase
their productivity and efficiency, and provide current capabilities. They seek to minimize their
cost of operation and maintenance for additional lobbying initiatives, using solar electricity,
regulating service contract costs, and other tax reduction lobbying.
Whether they are the order winners and order qualifiers?
They are the Order Winners.
Walton's competitive advantages as 'order winners' include quality, product design, delivery
speed, flexibility, and images, leading to choosing the products or service of their consumers. It's
the key reason people buy their product in the first place.
Walton is our country's domestic enterprise. Walton has become Bangladesh's largest provider of
electronic components, machinery, motors, and services. Walton is Bangladesh's only
corporation working in this field. Their financial stability is superior to that of any other industry
in Bangladesh. They manufacture high-quality, long-lasting products and services at a reasonable
cost for the people of Bangladesh. With each passing day, they are significantly increasing the
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worth of their products. Their product is available not just in our country, but throughout the
world. Walton has a beneficial impact on the living standards of the people of Bangladesh, and it
is available at a fair price, which the people appreciate. Walton has a beneficial impact on the
living standards of the people of Bangladesh, and it is available at a fair price, which the people
appreciate. At the end of 2011, Walton's market share exceeded 30% million with 30 percent.
Walton's 120 chain shops are located throughout the country, so customers may all have Walton
products.
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Problems Recommendation
Overproduction: In some cases, particular Attempt to plan the fridges appropriately so that
models of fridges are in lower request than there's always higher request within the
anticipated. advertisement.
Underutilized workstations: A few Discover out ways to effectively utilize the
workstations are having a long sit out of gear workstations.
time.
Lopsided workstation workloads: A few Adjust the workstations in a way so that each
workstations are taking more time, and a few workstation takes nearly the same time.
workstations are taking less time.
Imperfection amid compressor fitting: More Attempt to computerize the method of
chance of imperfection in this arrangement compressor fitting to diminish the chances of
due to human calculate. surrenders.
Reliance on two nations for crude materials: Explore for other sources of metal sheets so that
Walton totally depends on China and Taiwan they are not subordinate on as it were two nations
for metal sheets. for the crude materials.
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Conclusion
Walton is a well-known electronic brand in Bangladesh. Walton's goal from the beginning was to
be a Bangladeshi global brand. Walton has been working to improve its operations since its
founding, with the goal of becoming quality and customer-friendly company. In Walton's case,
operations management is incredibly efficient and effective. Home appliances, electronics,
mobile phones, etc., are now produced by them in large quantities. It's a fact that indicates the
company is growing and improving. Walton is on its way to becoming one of the most
successful companies in South Asia due to an effective and reliable supply chain, excellent
management, and a very industrious and dedicated team of employees. Walton has the potential
to become a globally recognized brand from Bangladesh.
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https://www.assignmentpoint.com/business/marketing-business/report-on-future-prospects-of-
walton.html
https://www.slideshare.net/AbdullaAlImran2/an-overview-of-walton
https://www.assignmentpoint.com/business/marketing-business/presentation-on-walton-
bangladesh.html
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