Applied Business at Math Walmart Memo

Walmart Manager Position – Selected Essential Functions requiring the use of business math: Ensures compliance with Company policies and procedures by: analyzing and interpreting reports; developing and implementing action plans to correct deficiencies; driving financial performance by ensuring that sales and profit goals are achieved; developing and implementing plans to correct any deficiencies in financial performance; driving sales by ensuring accurate and competitive pricing, in-stock and inventory levels, budgeting and forecasting sales, and assessing economic trends.

For this assignment:

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Review your work on previous assignments and conduct additional research on the relationship between business math and performance analysis.
Next, click on the Sample Inventory Performance Report.
Respond to each of the following instructions:
Use the information in the report to calculate the markup percentages and the sell-thru percentages for the listed items, along with the averages for each category. When your calculations are complete and you have inserted the results in the highlighted cells, answer the following questions:
Assume the targeted average markup percentage the group of items in the report is 57.8%. How many items have a markup percentage that is on target, below target, or above target?
Assume the targeted average sell-through percentage on the group of items is 44.5%. Was the target achieved? If not, identify which items were most responsible for under-performance of the group as a whole.
Assume that this group of items is ordered on the first day of the month, it takes three weeks for product to be received in the store, there is no other inventory of these items in the store, and no reserve inventory is kept for these items. Determine how many items will stock-out before the next order is received. Base your determination on the demand (sell-through %) reflected in the current report.
Make at least one recommendation to management in each of the following areas:
Make one recommendation to address the lower-than-targeted average markup percentage for the group of items. (Be sure to consider the sell-through rate when considering what action to recommend.)
Make one recommendation to address any items that may have a lower-than-targeted sell-through percentage. (Be sure to consider the cost and retail price when considering what action to take.)
Make one recommendation to address any items that are expected to stockout before the next order can be received.

Format Instructions: For this assignment, compose a short memo (approximately 1 page) outlining your findings, conclusions, and recommendation(s) as a result of completing the assignment instructions. Your memo should be addressed to your manager and must conform to standard formatting guidelines for short memos as described and outlined on the Purdue OWL website (see embedded link, below). Alternatively, you may use the memo format preferred by the Walmart organization. At a minimum, the memo should include a heading section, an introductory statement, your key findings or results, and a section containing your conclusions and recommendation(s). Your completed report spreadsheet must be attached separately to your report, to support your findings and recommendations. Use at least one internal (Walmart) source to support your work and cite your source(s) on a separate page at the end of the memo.

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