-
Essay / How can Walmart track its inventory?
Walmart Case StudyHow can Walmart track its inventory? Why is this important? The Walmart is able to track its inventory using a little gadget called Telson. It scans the barcode, which isn't easy, but it's almost like an encyclopedia because it has all the information. The power of information is hidden in a barcode. This is very important because it keeps track of all sales, such as what is sold, when is it sold, history, sales prices and trending prices. What effects did this inventory system have on producers? The Telson super computer records all sales. The order is automatically generated the same evening. At midnight, the warehouse fulfills this order and it returns to the shelves the next night or the next morning. However, this inventory system has a huge effect on producers since the delivery speed is faster and the order is always available for customers. What 2 powerful forces converged in the 90s that Walmart took advantage of? How did they benefit from it? How it changed retail...