Why Was The Technology Chosen?
Why Was The Technology Chosen?
Walmart chose to implement Big Data Analytics and Artificial Intelligence (AI) to enhance
its supply chain management, improve customer experience, and optimize inventory
management. The primary goal was to maintain a competitive edge in the retail market by
making data-driven decisions and improving operational efficiency.
Alternative Technologies
1. Blockchain: Could have been used for supply chain transparency and security.
2. Internet of Things (IoT): For real-time inventory tracking and smart shelves.
3. Cloud Computing: For scalable data storage and processing.
Challenges
1. Data Integration: Integrating data from various sources and ensuring its accuracy.
2. Scalability: Handling the vast amount of data generated daily.
3. Employee Training: Ensuring employees are trained to use new technologies
effectively.
4. Cost: High initial investment in technology and infrastructure.
Implementation
1. Pilot Programs: Walmart started with pilot programs to test the effectiveness of Big
Data and AI in specific areas.
2. Partnerships: Collaborated with tech companies like Microsoft for cloud solutions
and AI capabilities.
3. Infrastructure Upgrade: Invested in upgrading IT infrastructure to support data
analytics and AI.
4. Training Programs: Implemented extensive training programs for employees to
adapt to new technologies.
Future Evolution
Walmart’s strategic use of Big Data and AI has positioned it as a leader in retail innovation,
and these technologies will continue to evolve, driving further growth and efficiency. If you
have any specific aspects you’d like to delve deeper into, feel free to ask!