Topic > How is Walmart able to track its inventory?

Walmart Case StudyHow does Walmart track its inventory? Why is this important? Walmart is able to track its inventory with the help of a little gadget called a Telson. It scans the barcode which is not only a simple thing but is almost like an encyclopedia as it tells all the information. The power of information is hidden in a barcode. It is very important because it keeps track of all sales, such as what is sold, when it is sold, history, sales prices and trending prices. What effects has this inventory system had on manufacturers? The Telson super computer records all sales. The order is automatically generated that evening. At midnight, the warehouse processes the order and it returns to the shelves the next night or morning. However, this inventory system has a huge effect on manufacturers as the delivery speed is faster and the order is always available for customers. What 2 powerful forces converged in the 1990s that Walmart took advantage of? How did they take advantage of it? How the world of retail has changed?...