![]() ![]() Blockchain makes all the parties in the supply chain more willing to share information which makes the supply chain more efficient. Leveraging next-generation technologies such as blockchain, a public, decentralized ledger, to digitally track products across the supply chain: Walmart is partnering with IBM to leverage blockchain to digitally track food products across the supply chain to ensure quality and authenticity. It is using machine learning to ascertain which products should be delivered by which associates and what routes should they take to optimize the deliveries.ġ. Optimize delivery of goods using store associates and machine learning: Walmart is leveraging its large network of store associates to make deliveries for customers on their way to work and on their way back home. For example, when a customer searches on for a product that Walmart does not have, Walmart can quickly look-up service providers such as Salsify to determine which supplier has the product and the deliver the product to the customer’s home.ģ. (b) Leveraging content service providers such as Salsify to aggregate digital data from all suppliers so that it can quickly order new merchandise based on customer demand. Walmart is making Café available to all its suppliers for free to get insights into customer demand, assess campaign conversion rates and better manage their supply and inventory. (a) Large investments in big data, analytics and machine learning capabilities in the form of projects such as Data Café (Collaborative Analytics Facilities for Enterprise) – one of the world’s biggest private clouds to analyze internal and external data source to generate insights about customer demand, assess supply chain efficiencies and optimize operations. Pathways to Just Digital Future Watch this tech inequality series featuring scholars, practitioners, & activists Information sharing across the supply chain: Furthermore, the technical expertise from the Jet.com team is enabling Walmart to embed technology and modernize processes across its businesses. Since the acquisition, Walmart’s digital inventory of goods has grown from 10 million to 67 million and is now able to target the millennial customer base. Expansion of online channels: acquisition of Jet.com for $3.3 billion in August 2016 to expand its online presence and provide a more competitive online experience for customers. Walmart is taking critical, strategic steps to embrace digitization:ġ. Furthermore, as Amazon pursues vertical integration through its private label products, Walmart is leveraging its position as the largest retailer in the US to help its suppliers embrace digitization and compete against Amazon. While Amazon continues to disrupt retail through its digital-first supply chain and go-to-market strategy, Walmart is digitizing its business processes to accurately anticipate and respond to customer trends. As Walmart makes this shift, it is leveraging technology to share information across the supply chain, track inventory, better select and manage inventory across stores & warehouses and provide expedited deliveries for online orders while maintaining competitive prices and quality. ![]() Walmart is digitizing its entire supply chain as it moves to an omni-channel strategy, wherein it provides an integrated shopping experience across online and offline channels, and looks to compete against Amazon.
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