![]() ![]() The cause? Aside from its fiscally damaging inventory excess and messy storage spaces, Walmart also had no real, effective inventory software in place to keep goods at an optimal level. In the quarter ending on April 30 earlier this year, Walmart announced lower earnings. How Walmart’s My Productivity app controls inventoryĮven giants can be brought down to their knees, as proven in Walmart’s mammoth fall in 2013 when $3 billion went down the drain, thanks to years of excess goods surging past sales.
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