Walmart's Logistics Model
George shares the story of Walmart's success, revealing that behind the scenes, Walmart was actually a logistics company. Walmart concentrated on moving products faster than their competitors, and they did that by having their own trucking, scheduling deliveries once a week, and having very big stores. Walmart was able to change its mix of products much more quickly to local market conditions than Kmart because the hierarchy was flat and distributed into the store managers.In this clip
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