Wal-Mart by Nelson Lichtenstein

Author:Nelson Lichtenstein [Lichtenstein, Nelson]
Language: eng
Format: epub
Publisher: Perseus Books Group
Published: 2011-05-09T23:00:00+00:00

• The use of EDI with suppliers cuts the transaction costs of ordering products and paying invoices, since these functions are handled electronically. In addition, Wal-Mart gains control over the scheduling and receiving of products, ensuring a steady and accurate flow of products to its stores.

• The big-box format allows Wal-Mart to combine a store with a warehouse in a single facility. The big box holds large amounts of inventory, and saves on the shipment of goods from a warehouse to the store.

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