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you need to give Financial Data and Projections for the below prompt:
Walmart is one of the largest companies in the United States. They have low prices that are competitive in nature with all of the surrounding stores. Higher customer satisfaction leads to more business, more business leads to more money, more money Walmart can then invest back into its stores. A huge company asset Walmart would gain from is more efficient self- checkout machines. Everyday Walmart loses at least 100’s of dollars from products being stolen. Walmart could have it’s own UPC reader/bar code on each item/product that’s automatically scanned as soon as it’s passed over the scanner. If this bar code is not scanned then the alarms will sound when the customer is leaving. This could be Walmart’s very own “sustainable competitive advantage” If Walmart were able to gain thousands of dollars more a year in profits with this new system and their already everyday low prices they would be one the most successful and high profiting businesses in the United States. This new system also offers several more advantages that include, allowing guests to efficiently check themselves out while shopping, in an effort to keep the crowdedness around check-out lines at a minimum-to none. This system will allow a much more efficient shopping experience for Walmart shoppers and will eliminate wage costs as Walmart will be needing fewer employees working the check-out lines. Shoplifting will not be an issue because the UPC readers will detect any unpaid items when they cross the door line and an alarm will sound.
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