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Analysis on how Walmart became, "The Worlds Largest Retailer"
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Barcode (Old):
• First to use of Barcodes for Tagging Products
• Helped in Faster Billing
• Reduced Labor costs needed for Manual Tagging
• Improved Inventory Management
RFID Tags (New):
• Radio Frequency Identification is the wireless use of electronic identification to transfer data
• Easier to use and more storage capacity
• Does not need direct line of sight to work
• Helps track inventory without need for manual scanning
• Optimal Inventory Management
• http://www.thefreelibrary.com/Economies+of+IT+systems+at+Wal-Mart--an+historical+perspective.-a0166778592
• Walmart Stores, Inc. Getting Started with EDI Implementation Guideline Document version: 1.0, Published November 2011
• http://www.forbes.com/sites/paularosenblum/2014/05/22/walmart-could-solve-its-inventory-problem-and-improve-earnings/
• http://jimmyalyea.blogspot.in/2012/02/analyzing-wal-marts-distribution-and.html
• http://walmartprojectis.blogspot.in
• http://www.usanfranonline.com/resources/supply-chain-management/walmart-keys-to-successful-supply-chain-management/#.VDzEOPmUcYE
• http://www.forbes.com/