m 1987 ± Set up its own private satellite network m 1992 ± 125,000 square foot data center m 2000s - Usage of RFID m Walmart¶s e-business venture µwalmart.com¶ similar to Amazon.com A ` is an optical machine readable representation of data, which shows certain data on certain products. Walmart started using barcodes to track the items in the company right from 1979. It was able to save costs by: ` limination of unnecessary roles
` Resulted in 25 ± 30% faster checkout of customers
` Using the data obtained to develop sophisticated
merchandising programs(promotions) ` Walmart integrated all its stores located across globe via a satellite chain network in the year 1987. ` It enabled much faster communications and it helped the company to bring down the costs ` ë
whereby each vehicle's exact location will be relayed to headquarters every 15 minutes. ` nabled smooth information flow between vendors and the company ` RFID ± A technology that uses radio waves to automatically identify people or objects ` Accuracy in tracking inventory ` ase of predicting product demand ` RFID tags can store more information than a conventional barcode enabling a company to track items at unit level Alignment with Walmart¶s strategy: Usage of RFID aligns with the company¶s strategy to reduce costs ` Scheduling software to schedule employee shifts ` The company built credit authorization system - Faster credit checkout - Reduction in credit card frauds - Reduction in paperwork ` Teradata data warehouse: WalMart is pioneering massive data mining to transform its supplier relationships. - Data is captured from point of sale transactions - Suppliers access the data to identify customer buying patterns ` ë Walmart has always been an early adapter of the technology. `
: The company was able to assess/forecast demand based on customer¶s buying patterns better than most of its competitors `
: Better inventory tracking resulted in reduction of costs. ` http://www.prenhall.com/divisions/bp/app/alter/stu dent/useful/ch1walmart.html ` students.kennesaw.edu/~barcher1/Complete_RFI D.htm ` http://www.cio.com/article/31174/Wal_Mart_IT_Insi de_the_World_s_Biggest_Company?page=3 Thank You