Tuesday, June 23, 2020

Wal-Mart and Canadian Tire Metrics Case Study - 275 Words

Wal-Mart and Canadian Tire Metrics (Case Study Sample) Content: Wal-Mart and Canadian Tire MetricsNameInstitutionWalmart and Canadian Tire MetricsWalmart (Canada)Walmart (Canada) has four key metrics that it is currently tracking: * Environmental sustainability * People * Ethical sourcing * Community 1 Environmental sustainability * One of Walmartà ¢Ã¢â€š ¬s( Canada) long-term sustainability goal is to use 100% renewable energy * Walmart (Canada) also aims at emitting zero waste * Walmart also aims at selling products that sustain resources and the environmentSome of the systems put to monitor these metrics include: * Establishing criteria to evaluate "suppliers on the basis of their environmental efforts, impact and improvement" CITATION New141 \l 1033 (Newswire.ca, 2008) * Educating suppliers on "sustainable packaging materials, technologies, designs and alternatives" CITATION New141 \l 1033 (Newswire.ca, 2008) * Measuring the amount of green-house gases emitted and comparing the results on a year-to-year basis CITATION Wal1 4 \l 1033 (Walmartcanada.ca, 2014) * Measuring the amount of electricity emitted per square feet and making sure that the units used reduce progressively (Walmartcanada.ca) 2 Ethical Sourcing * Walmart (Canada) has a commitment to ensure that its suppliers meet ethical standards. This metrics is assessed through carrying out supplier audits 3 People * Walmart Canada has a commitment to keep the salaries of its employees above the minimum wage * The company also has a commitment to promote women to leadership roles * Walmart also commits to promoting its associates and give them operational trainingSome of the systems in place to monitor these metrics include: * Introducing initiatives to ensure that women get promoted to leadership roles * Walmart Canada also has programs for retaining older workers and special mentorship programs for its employees 4 Community Involvement and Investment * Walmart Canada has a commitment to provide opportunities to Canadian people, businesses and com munities CITATION New141 \l 1033 (Newswire.ca, 2008)One of the systems in place to track these metrics includes: * Determining the number of jobs created * Determining the amount of money paid to Canadian suppliers and service providers * Determining the amount of money donated by Walmart CanadaCITATION Wal14 \l 1033 (Walmartcanada.ca, 2014)Canadian TireCanadian Tire has three main metrics that it tracks and measures that include: * Commitment to communities * Business sustainability * Economic responsibility 1 Commitment to communities * Canadian Tire has a commitment to promote "healthy and active living and building safer communities" CITATION Can14 \l 1033 (Canadiantire.ca, 2014) * The company sponsor various social causes with the aim of building stronger communities * Some of the programs initiated towards meeting the obligations to communities include the Canadian Tire Jumpstart aimed at providing kids from disadvantaged families the opportunity to participate in organized playThis metric is measured through determining the number of kids who go through Jumpstart programs across Canada. 2 Business Sustainability * Canadian Tire aims at pursuing business opportunities that provide environmental benefits * Among some of the measures aimed at driving its business sustainably is ensuring that the company does not increase "the net carbon footprint and providing products that meet the needs of the customers without compromising the capacity of future generations to meet their needs" CITATION Can14 \l 1033 (Canadiantire.ca, 2014).This metric is measured and tra...