BUS3DIG: Business Analysis Report Assignment Help
Question
BUS3DIG: This assignment for La Trobe University builds on the competition threat faced by Walmart from Amazon, one of the biggest contenders in the digital business arena. This assignment requires the students to imagine themselves in the role of an external consultant for Walmart who is tasked with designing a strategy for Walmart to address the concerning issues and better compete with Amazon in the digital business space. From the ten issues identified in the assignment file, the student is required to select two challenges and write a report highlighting a comprehensive strategy that addresses these concerns.
Solution
The two issues selected for this assignment include the Price of Walmart and the Distribution issues of Amazon. It is noted that in the present scenario, Amazon’s prizes are hard for Walmart to compete with. With respect to distribution, although the distribution channels set up by Walmart are better than those of Amazon, the managers of Walmart remark that Amazon might make strong moves to enhance their distribution. Additionally, different buying channel costs are expensive on the part of customers as compared to merely operating on a digital platform.
Issue 1: Price of Walmart
Firstly, our experts have elaborated on how the issue of pricing can be dealt with for Walmart. This section begins with a brief description of the problem of pricing. Our experts have structured this section into further sub-sections to highlight the Proposed solutions, Objectives, Strategy, Projected Timeline, and Budget based on this new strategy.
A major factor in the pricing strategy of Walmart is to lower the cost from the suppliers to lower the price of the products. However, it can be seen that this company is faced with the issue of having very low profit from its e-commerce channels of the company (Forbes.com, 2022).
Proposed solutions
Based on the analysis of the issue of pricing, some solutions are proposed by our expert by taking on the role of an external consultant for Walmart. Our experts have ensured these solutions are innovative and can be implemented on a practical level too.
This company is required to do a better market analysis to find the competitive pricing of the products of the company. It is required to train the employees in using highly advanced digital technology to improve the competitive pricing of the products to improve the business performance of the company (Walmart.com, 2022).
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Objectives
Secondly, short-term, long-term, and mid-term objectives are proposed to ensure successful and managed implementation of the strategies proposed in a later section.
Short-Term: This company is required to identify the competitors of this company effectively in the global market for targeting and pricing the products effectively.
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Strategy
This section highlights a specific strategy for Walmart to better equip the organization to compete with Amazon.
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Projected Timeline
It is important to consider a timeline for the implementation of the strategy as well. Here our experts have researched extensively to propose what timeline will be best based on the objectives and strategy defined above.
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Budget
The budget for the implementation of the strategy to tackle the challenge of pricing as compared to Amazon is highlighted here.
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Issue 2: Distribution issues of Amazon
The second issue relates to the distribution channels for the two competing companies. Similar to the above issue, firstly a brief description is provided followed by sub-sections: Proposed solutions, Objectives, Strategy, Projected Timeline, and Budget for this issue.
One of the manager distribution issues of Amazon is the scale of technologies implemented in the section for deliveries.
Proposed solutions
The solutions proposed by our experts for the problem of distribution channels are written following the theoretical knowledge relating to business analysis decisions.
It is very important to ensure that technologies are implemented for improving the quality of distribution in the company. However, it can be seen that technology makes the distribution process of this company very complicated which is not very satisfactory for the customers. This company needs more human touch with the consumers to improve the customer relationship and customer satisfaction level. It is necessary for this company to maintain sufficient supply for the current demands (Cohen and van der Meulen Rodgers, 2020).
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Objectives
The objectives proposed by our experts are realistic and based on evidence from credible sources on business objectives.
Short-Term: It is required for this company to improve the human touch in the delivery process to improve the customer relationship in the company and improve customer satisfaction.
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Strategy
The strategy proposed constitutes a step-by-step implementation process instead of one unachievable goal for the organization.
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Projected Timeline
Similar to the above, a timeline is projected for the implementation of the objectives defined above for enhancing the distribution channels for Walmart.
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Budget
Lastly, the budget for distribution channel strategy is described in detail here.
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