Why Walmart is Successful | Who was Sam Walton | eCommerceWala| Walmart Business Case Study
Автор: eCommerceWala
Загружено: 2020-01-21
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Why Walmart is Successful | Who was Sam Walton | eCommerceWala |Walmart Business Case Study
Let's learn from the story of Walmart....!
Single Focus to Keep Prices Low...! Story of Walmart is quite inspirational and motivational in today's #knowledge age.
Walmart's core purpose is summed up in its widely advertised #mission statement and #slogan: "We save people money so they can live better.”
In order to keep prices low for the customers, there are a number of things that Walmart did that helped them achieve that goal.👇👇
👉Customer satisfaction is everything.
👉Partners, not #employees, family #environment for workers, sharing profit with them.
👉Embrace new technology.
🔹The early adoption of the bar code by Walmart gave them a #significant #advantage over their competitors by allowing the company to track the movement of goods in and out of its stores.
🔹Walmart was also one of the first to adopt radio-frequency identification (RFID) technology, which requires suppliers to attach #microchips to products that will contain detailed #product #information.
🔹Walmart also initiated cross-docking in its supply chain #strategy.
#eCommerce #Business #ecommerce #eCommerceWala #digitalpakistan #nayapakistan #skills #learning #possibility #future #company #worldeconomy #digitalmarketing #walmart #success #story
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