From the course: Digital Technologies Case Studies: AI, IOT, Robotics, Blockchain
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Case study: Robotic assistants in supermarkets (Walmart)
From the course: Digital Technologies Case Studies: AI, IOT, Robotics, Blockchain
Case study: Robotic assistants in supermarkets (Walmart)
- Within a decade after Sam Walton founded Walmart in 1962, the company started acquiring a well deserved reputation as the most responsive and most efficient retailer in the United States. Walmart's larger and more tailored product mix, as well as lower prices, were the most direct cause behind the decimation of old stalwarts, such as Sears, Montgomery Ward, and K-Mart. Over the last two decades however, Amazon has proved to be not just Walmart's match, but by doing away with the cost of physical stores altogether, even more efficient. After initial struggles in figuring out how to fight back, Walmart has now emerged as perhaps the most nimble traditional retailer in the world. There are two major parts to Walmart's strategy for competing with Amazon. After acquiring Jet.com in the US, Flipcart in India, as well as other Etailers, it is going head to head against Amazon in online commerce. Equally importantly, Walmart…
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