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You should learn more about Wal-Mart. It is, profoundly, a technology company. Wal-Mart was one of the earliest adopters of satellite communications in the 19
by OstiaAntica 16y ago
You should learn more about Wal-Mart. It is, profoundly, a technology company. Wal-Mart was one of the earliest adopters of satellite communications in the 1970s and are leading the RFID revolution today. They have used logistics technology to ramp up to heretofore unknown scale, and use that scale to batter their suppliers down on price.
- cookiecaper 16y agoAs uxp describes below, this may be the mechanism Wal-Mart uses to get a price advantage, but it's not why people shop there. People shop at Wal-Mart because it's cheap. I've never known a town to have only a Wal-Mart, there are always some regional or local grocers in the game too, but Wal-Mart wins because Wal-Mart has better prices. It's nice that they use technology to gain the price advantage, but ultimately consumers don't care or know that Wal-Mart uses satellites or RFID extensively; Wal-Mart markets price, not fancy back-end warehousing.