1. VMI Hardware and Software
By utilizing the latest hardware and software technologies, and implementing proven strategies and processes, Wal-Mart has managed to drastically lower its cost of inventory, and greatly increased supply chain optimization with its vendors. ... This data is then updated into the main inventory database, and in the case of Wal-Mart, the vendor or supplier of this system can use this data to determine whether it is necessary to refill, and also use it for marketing statistics. Another integral piece of Wal-Mart's VMI system is the core database or system which hosts all of the transaction...
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- Grade Level: Undergraduate