Report: Walmart creates integrated supply chain executive team
Walmart is reportedly creating a more omnichannel-friendly leadership structure.
According to CNBC, an internal Walmart memo indicates the discount giant is merging its brick-and-mortar and e-commerce supply chain teams. Under the new organizational structure, Greg Smith, executive VP of Walmart U.S. supply chain, will jointly report to Greg Foran, president and CEO, Walmart U.S., and Marc Lore, president and CEO, Walmart e-commerce U.S.
Smith, in turn, will oversee 12 executives managing distribution, e-commerce-fulfillment, reverse logistics, inbound and outbound transportation, and automation strategy functions.
“Our customers want one, seamless Walmart experience,” CNBC quotes Walmart CEO Doug McMillon as saying in the memo. “Earning more of our customers’ business in food and consumables is foundational to our strategy, and, at the same time, we will expand our ability to serve them with general merchandise in stores and through our broad e-commerce assortment as we continue to invest and build our e-commerce business.”
Nathan Faust, a Jet.com veteran who serves as Walmart’s senior VP of U.S. e-commerce supply chain and logistics, will help integrate the new supply chain executive team before taking a new, unspecified role at the company.
Walmart will also merge its brick-and-mortar and e-commerce finance executive teams and shift Ashley Buchanan, executive VP and chief merchandising officer at Sam’s Club, to chief merchandising officer for Walmart U.S. e-commerce. He will report to Lore, although brick-and-mortar and digital leadership teams for Walmart’s domestic merchandising operations will remain separate.
A Walmart spokesperson told Chain Store Age there will be no layoffs as part of this executive reorganization. To read the full article, click here.
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