◍ Hiring key commercial executives within consumer & retail ◍ 20 years living and working internationally
◍ Expertise in digital transformation ◍ Accredited Executive Coach
🔍 The Wall Street Journal "Shipping Wars" series continues to captivate, this time shedding light on **Walmart's innovative supply chain model**.
In a strategic move to enhance their e-commerce capabilities, Walmart has cleverly utilized their vast store network, which spans over 4600 locations. This impressive network puts Walmart within a 10-mile radius of a whopping 90% of the US population, with over 4000 of these stores serving as hubs for e-commerce deliveries.
Walmart's dedication to swift service is reflected in their creation of 7 dedicated e-commerce Market Fulfillment Centers (MFCs). These MFCs are designed to manage same-day orders for between 6 to 8000 of the most popular items, powered by the highly automated Alphabot shuttle system. With an ambitious plan to extend this initiative to over 100 locations, **Walmart is set to revolutionize e-commerce efficiency**.
Moreover, Walmart's progressive approach is evident in their establishment of 5 "Next Generation Fulfillment Centers". These centers deliver a wider range of products with next-day shipping, thereby reaching an astounding 95% of the US population with either next day or 2-day service.
But Walmart's innovation doesn't end there. They offer unique services such as order pick-up, same-day delivery, and time-specific delivery, providing their customers with a plethora of convenient options.
Stay tuned for more insights into the dynamic world of e-commerce and the ongoing "Shipping Wars".
#SupplyChain#Ecommerce#ShippingWars#Walmarthttps://lnkd.in/evfiYUgH
We did our first AI gig this week. I think everyone was intruiged by our ambition - practical steps being made in AI rather than a philosophical or ethical debate
We/I learned:
1. As always people share amazingly given the chance. Deliveroo, Booking.com and Spotify explained their AI journeys. Fascinating.
2. AI from vendors is really embryonic.
3. Don't put a nice attractive face or name on your AI chatbot anytime soon - there are some deviants out there
4. You can't escape the ethical conversation really
Thanks David Rose for your kind words, and thanks to Paul Wilkinson, Zahra SabetsarvestaniAthanasios Vlontzos, PhD for their efforts. Zilke A. Lourens great gig.
Partner at Ellipsis & Company
3moExcellent result