Identify and explain/justify any changes to the Value Chain you think are appropriate. If no changes, explain why not. (minimum of 1 page) Walmart is one of the largest retailers in the world, and it has built its business model on offering low prices to its customers. To achieve this, Walmart has created a value chain that is designed to be efficient and cost-effective. The value chain consists of a series of activities that are designed to create value for the customer while minimizing costs. The following are examples of Walmart's current Value Chain. Inbound Logistics: The first stage in Walmart's value chain is inbound logistics. This refers to the processes of receiving, storing, and distributing the products that are sold in Walmart's stores. Walmart has a sophisticated logistics system that enables it to manage its inventory efficiently. The company has several large distribution centers that receive products from suppliers, and these products are then distributed to individual stores. Operations: The second stage in Walmart's value chain is operations. This refers to the process of converting raw materials into finished products that are sold in Walmart's stores. Walmart works closely with its suppliers to ensure that the products it receives are of high quality and are delivered on time. Once the products have been received at Walmart's distribution centers, they are then sent to individual stores where they are displayed on shelves or in other locations. Outbound Logistics: The third stage in Walmart's value chain is outbound logistics. This refers to the processes of delivering the products to customers. Walmart has a large fleet of trucks that are used to deliver products to its stores. The company also offers home delivery services for customers who prefer to have their purchases delivered directly to their homes. Marketing and Sales: The fourth stage in Walmart's value chain is marketing and sales. This refers to the processes of promoting and selling the products that are offered by Walmart. Walmart uses a variety of marketing techniques to attract customers to its stores. These include television and print advertising, as well as online marketing campaigns. Walmart also offers discounts and promotions to customers to encourage them to shop at its stores. Service: The final stage in Walmart's value chain is service. This refers to the processes of providing customer service and support to customers. Walmart has a large customer service department that is available to help customers with any questions or concerns they may have. The company also offers a range of services, such as product warranties and repair services, to ensure that customers are satisfied with their purchases. Walmart's value chain is designed to be efficient and cost-effective. The company has built a sophisticated logistics system that enables it to manage its inventory efficiently, and it works closely with its suppliers to ensure that the products it receives are of high quality and are delivered on time. Walmart also uses a variety of marketing techniques to attract customers to its stores and offers a range of services to ensure that customers are satisfied with their purchases. By focusing on these different stages of its value chain, Walmart has been able to offer low prices to its customers and build a successful business model