Thursday, February 2, 2012

Redneck MBA - Could Someone Beat Wal-Mart? (Part 2)

Hello and welcome back. Wal-Mart has one of the most sophisticated logistics and distribution systems in the world. Scan data is taken from the registers and sent not only to company headquarters, but also to vendors who can produce and ship the products to the Wal-Mart distribution center as the product is needed. Sort of a “Just-In-Time”-type system.

The idea behind this system...


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