17 May Unit 1_MT438_Discussion response
13449Respond or elaborate on the response below:
Founded in July 2 1962, Walmart has been one of the major powerhouses when it comes to supply and demand for customer’s basic needs from groceries to daily appliances in United States. But one of the key to their success in which have continued to help them grow into this day in age is their ability to predict their customer’s demands using historical sales data, seasonal trends, and market shifts using their supply analytics. By analyzing these data points, Walmart can adjust its inventory levels in real time, ensuring that popular items are always in stock while avoiding overstocking slow-moving products.
By also accurately forecasting demand, Walmart easily optimizes their inventory levels, and ensuring that popular items are always in stock while avoiding overstocking slow-moving products. They possess uses a tracking systems that helps them monitor the movement of their products from their supplier to the customer. These systems creates efficiency which allows Walmart to respond quickly to changes in demand, such as busy holiday seasons or special promotions, ensuring that inventory levels are always aligned with customer needs. They even use an AI system to keep their datas accurate and highly effective in real time. Walmart’s supply chain is a masterclass in automation and optimization, demonstrating how technology can streamline operations and improve customer satisfaction.
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