Walmart leverage their value chain and innovation cycles

As a computer science teacher, I need to have a secure understanding of numeracy myself and understand how important numeracy is. With this, I can become a more inclusive teacher. We rely on the mathematical concepts to help us solve complex problems in Computer Science. That said, ‘by giving an exciting, fun real-world context for the importance of numbers and mathematics in Computer Science topics can also be used to support numeracy’ (Teaching London Computing, n.d). This can be seen from the activities students are required to complete during my lessons. They closely relate to everyday life examples and how certain machines may work. For example a speed camera, calculator and working out grade boundaries which students can adapt and use to work out their own assessment grades. This mirrors what the National Curriculum says about sing mathematical reasoing and numeracy in all subjects so students understand the importance of it. (DfE, p103, 2013) (APPENDIX) Alongside numeracy is the importance of literacy. Michael Wilshaw (2012) stated that it should be everyone’s priority in all schools to improve literacy standards, supported by OFSTED’s report ‘Improving literacy in secondary schools’ (2013). The report highlights that literacy is a key issue no matter what subject is being taught (OFSTED, 2013, p.8). In Computer Science, if students are not fluent in reading and writing, these difficulties will have a huge effect on students’ ability to evaluate and review their programs and these would not be conducted efficiently. Students also need to be able to communicate effectively when problem solving, in order to explain their thought process in solving a set task, or to gain further assistance. If they cannot communicate, support or explanations could be interpreted incorrectly. The National Literacy Trust (2014) defines literacy as, ‘the ability to read,

Sample Solution

Walmart is an internationally recognized company that has built a strong reputation as one of the most successful retail stores in the world. Walmart leverages their value chain and innovation cycles from conceptualization, technical feasibility, design specification, materials sourcing, and product marketing to implementation in order to remain competitive within their market. This includes leveraging technology such as predictive analytics to identify products most likely to be successful with customers (Al-Shawaf et al., 2020). Additionally, they use customer data gathered through loyalty programs or online purchases for further personalizing their offerings (Harrison & Waller 2019). The first step in Walmart’s process is concept evaluation which entails understanding customer needs and trends while researching potential new ideas. From here they move onto technical feasibility where they assess whether the desired outcome can be attained with existing technologies or if it requires development of new ones. Once this has been determined, designers begin creating blueprints and specifications before moving on to seeking out appropriate materials required for production (Bui 2018). Next comes product marketing which involves creating a compelling message that captures consumer attention while also positioning them against competitors by focusing on unique selling points like price or convenience benefits. Last but not least comes implementation where all elements come together such as distribution systems being set up alongside promotional campaigns running concurrently. In summary, Walmart is able to successfully leverage their entire value chain from concept evaluation through implementation due to having access to advanced technologies such as predictive analytics combined with extensive customer data resources resulting in better informed decisions about what products are most likely succeed in the market place.