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Wal-Mart Stores Inc. (WMT) is again making a charge into becoming an even greener eco-company than it already is. The world's largest retailer has stipulated that it wants to cut greenhouse gas emissions from its global supply chain by 2015. The example Walmart gave to illustrate the point: its reduction efforts would be like taking more than 3.8 million cars off the road for an entire year.
Wal-Mart supply chain posts
FeedWalmart Suppliers to Cut Greenhouse Emissions Drastically over Next Five Years
Continue reading Walmart Suppliers to Cut Greenhouse Emissions Drastically over Next Five Years
Wal-Mart's global procurement cuts raises labor practice questions
As I reported yesterday, Wal-Mart Stores, Inc. (NYSE: WMT) is in the process of arranging quite a few cuts in its purchasing and procurement divisions in the Southeast Asia region. The cuts are coming from Wal-Mart China operations and look to be a realignment of procurement positions to centralize the purchasing centers for a good portion of the retailer's international operations.But, is there more to it than that? The total headcount being cut in Wal-Mart's global procurement division is close to 250 people, with many of them in the China area and surrounding vicinity (including Singapore and Shanghai). Is Wal-Mart pulling back on its potential focus of the Chinese market to more heavily concentrate on another international market with huge promise -- India?
The case could certain be made for that point of view. And, with a new "Employment Contract Law" about to go into effect in China, this may be just a way around labor issues in the future for the retailer, something I suggested yesterday.
Continue reading Wal-Mart's global procurement cuts raises labor practice questions
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