Walmart in China
Tablet of Contents
The Beginning of Walmart Logistic………………………………………………………… 3
Magic of the stripes………………………………………………………………………………. 3
Walmart’s Cross Docking……………………………………………………………………….. 5
Downfall of Barcode System…………………………………………………………………… 6
Power to the RIFD………………………………………………………………………………….. 7
Walmart’s RFID Influence in China………………………………………………………….. 9
The Chinese RFID investment…………………………………………………………………. 10
Chinese market potential………………………………………………………………………… 11
Conclusion………………………………………………………………………………………………. 12
The Beginning of Walmart Logistic Wal-Mart as we all know it, it is an American multination corporation that operation in a largest chain discount stores in the world. Sam Walton, the successful business man from Arkansas began his retail store in 1940, worked at J.C. Penney and later on started a small retail chain store called “Ben Franklin”. It wasn’t till 1962; Mr. Walton opened the first Walmart store. In the beginning, Walton had his strategy set to low income families and offered a considerably lower cost than his competitors, the low price strategy allowed Walton to steer forward with his real goal to become the supply chain logistics giant. By 1987, Walton have led the store into a growing rampage, Walmart had 1,198 nationwide, sales in the 15.9 billion and had 200,000 associates (Walmart, http://walmartstores.com/aboutus/7603.aspx, 2011), In the same year the company also became the largest private satellite net work in the country and implemented the first distribution monitoring system, it is a linked satellite system that offers two ways data , voice and one way video communication between Walmart’s driver and distribution center which increases inventory accuracy and ability to quickly restock store inventories (Wailgum, 2007).
Magic of the stripes In addition to the satellite system, Walmart has guided the way to other ground-breaking technologies that had other retailers follow. In 1988, Walmart was the first
The Beginning of Walmart Logistic………………………………………………………… 3
Magic of the stripes………………………………………………………………………………. 3
Walmart’s Cross Docking……………………………………………………………………….. 5
Downfall of Barcode System…………………………………………………………………… 6
Power to the RIFD………………………………………………………………………………….. 7
Walmart’s RFID Influence in China………………………………………………………….. 9
The Chinese RFID investment…………………………………………………………………. 10
Chinese market potential………………………………………………………………………… 11
Conclusion………………………………………………………………………………………………. 12
The Beginning of Walmart Logistic Wal-Mart as we all know it, it is an American multination corporation that operation in a largest chain discount stores in the world. Sam Walton, the successful business man from Arkansas began his retail store in 1940, worked at J.C. Penney and later on started a small retail chain store called “Ben Franklin”. It wasn’t till 1962; Mr. Walton opened the first Walmart store. In the beginning, Walton had his strategy set to low income families and offered a considerably lower cost than his competitors, the low price strategy allowed Walton to steer forward with his real goal to become the supply chain logistics giant. By 1987, Walton have led the store into a growing rampage, Walmart had 1,198 nationwide, sales in the 15.9 billion and had 200,000 associates (Walmart, http://walmartstores.com/aboutus/7603.aspx, 2011), In the same year the company also became the largest private satellite net work in the country and implemented the first distribution monitoring system, it is a linked satellite system that offers two ways data , voice and one way video communication between Walmart’s driver and distribution center which increases inventory accuracy and ability to quickly restock store inventories (Wailgum, 2007).
Magic of the stripes In addition to the satellite system, Walmart has guided the way to other ground-breaking technologies that had other retailers follow. In 1988, Walmart was the first
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