Sam Walton's Bentonville, Arkansas retail company — the largest company in the world by revenue — defining the modern retail supply chain, everyday low prices, and the power dynamics between retailers and suppliers.
Creates the modern retail operating model — Walmart's EDLC (Every Day Low Cost) supply chain (cross-docking, direct sourcing, satellite data sharing with suppliers) and EDLP (Every Day Low Price) strategy produced the most efficient retail operation in history.
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