GLOBAL & TECHNOLOGICAL ENVIRONMENT TRENDS: WAL-MART
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Written by:
Nicholas M
Date added:
December 3, 2015
Level:
University
Grade:
A
No of pages / words:
1 / 267
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3791 times
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For this assignment, I will focus on this technology trends on Wal-Mart
Wal-Mart is one of those companies who rely on RFID to manage inventory more efficiently, reduce numbers of data entry errors, and lower human labor costs in a distribution center. By using RFID, Wal-Mart can now cut the incidence of out-of-stock products while improving the efficiency of moving products from backrooms to store shelves...
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By using RFID, Wal-Mart can now cut the incidence of out-of-stock products while improving the efficiency of moving products from backrooms to store shelves. It helps Wal-Mart improve its shelf management, so it can make sure merchandise is available. As a result, Wal-Mart's sales increase.
H. Lee Scott stated that RFID is "a very important innovation," and the benefits will be seen over the long term...
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