Management team wants a new product that can help them better plan the inventory level
Company selected: Walmart
Issue: Due to the pandemic, some items are out of stock. and Underperforming sales team also caused sales profit to drop significantly compared with last year. Management team wants a new product that can help them better plan the inventory level, set more accurate and realistic goals for the sales team, and design better sales strategies.
Product to create: WalPredict is a tool we created to forecast sales quantity which will be utilized for inventory planning and sales representative goal setting. The tool can also uncover hidden relationships between different products, based on which sales managers can design a better sales strategy.
Project Objective: Research the leadership model of Walmart and propose a new tool that the management can use to solve the issue and increase the sales profit. In order to support the product implementation, the leadership model has to change accordingly.
Question
Write 3 page paper on the decisions and organizational changes that leadership will have to make in order to implement the new product successfully.
Requirements: 3 pages
Answer preview to management team wants a new product that can help them better plan the inventory level
APA
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