1 / 19

Frontline

Frontline. Explores America’s obsession with discount stores despite massive job loss 3400 Wal-Mart stores 100 million people shop at Wal-Mart stores each week Sales in 2003 topped $256 billion. Global Procurement Center. Based in Shenzhen, China Third busiest port in the world

kelsie-raymond
Download Presentation

Frontline

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Frontline • Explores America’s obsession with discount stores despite massive job loss • 3400 Wal-Mart stores • 100 million people shop at Wal-Mart stores each week • Sales in 2003 topped $256 billion

  2. Global Procurement Center • Based in Shenzhen, China • Third busiest port in the world • Employs several hundred • 80% of Wal-Mart’s 6000 global suppliers are located in China • Wal-Mart & China are a joint venture

  3. Wal-Martis a Discount Store • Cheap labor because the jobs are in China • China employees make 50 cents a hour, $100 a month • Manufacturers a wide array of consumer goods • These goods, from clothing to electronics, can be bought at low prices

  4. OffshoreGlobal Center: China • Wal-Mart imports $15 to $30 billion a year of China’s goods

  5. Result • Alteration in United States’ Economy

  6. How? • Coercing the eruption of information technology & global economy • Operates the largest satellite system in the world • Powerful retailers manipulate production of goods to offshore

  7. How? • Wal-Mart has mastered the process of production, movement of goods, warehousing of goods, ensuring goods arrives on time at the right place, and for a cheap price • Developed in-house brands • Gain of supply-chain efficiencies by working directly with factories • More profit for Wal-Mart

  8. How does Wal-Mart know what consumers want? • Barcodes: Reveals everything about a product • Information about how often the barcodes are purchased are relayed to the manufactures from Wal-Mart • Hence, the manufacturers are dependent on Wal-Mart for demand information

  9. What does this mean? • The manufacturer becomes dependent and subservient to the retailer, Wal-Mart

  10. Wal-Mart has created a Monopsy • Major buyers for groceries & toys • Controls 38% of the market for several goods • Manufacturers are forced to sell to them at low prices

  11. Why? • Wal-Mart wants to provide consumers with quality products & low prices

  12. Why Not? • Americans are consumers and workers • Americans may receive discounts for quality goods but loose jobs in the process • Not only effects U.S. but other countries as well

  13. Wal-Mart Model of Employment • Low-wages • Low benefits • Low skill • Rapid job turnover

  14. Interview With CEO H. Lee Scott • Employee discussion • Exploitation vs. opportunities

  15. Opinions of those who are proponents of opening a Wal-Mart in Ashland, VA

  16. Those who disagree with opening a Wal-Mart in Ashland

  17. Sprawl Busters: Helping Average Citizens Discourage Unwanted Development

More Related