Latest / Omni Talk Retail / Walmart's 90 Million Sensor Bet: Tracking the Future of Retail | Fast Five Shorts

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Walmart's 90 Million Sensor Bet: Tracking the Future of Retail | Fast Five Shorts · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  plans
• 0:00
  to
• 0:01
  deploy
• 0:02
  90
• 0:02
  million.
• 0:03
  90
• 0:03
  million.
• 0:04
  Wow,
• 0:04
  that's
• 0:05
  a
• 0:05
  lot
• 0:05
  of.
• 0:05
  That's
• 0:06
  a
• 0:06
  lot
• 0:06
  of
• 0:06
  millions.
• 0:07
  90
• 0:07
  million
• 0:08
  Bluetooth
• 0:08
  sensors
• 0:09
  across
• 0:09
  its
• 0:09
  inventory
• 0:10
  by
• 0:10
  the
• 0:10
  end
• 0:10
  of
• 0:10
  next
• 0:10
  year
• 0:11
  in
• 0:11
  a
• 0:12
  massive
• 0:12
  rollout
• 0:12
  of
• 0:12
  supply
• 0:13
  chain
• 0:13
  management
• 0:13
  technology
• 0:14
  made
• 0:14
  possible
• 0:15
  via
• 0:15
  partnership
• 0:16
  with
• 0:16
  tech
• 0:16
  firm
• 0:17
  Wiliot,
• 0:18
  according
• 0:18
  to
• 0:18
  Supermarket
• 0:19
  News.
• 0:19
  It
• 0:19
  is
• 0:19
  the
• 0:20
  first
• 0:20
  large
• 0:20
  scale
• 0:21
  deployment
• 0:21
  of
• 0:21
  ambient
• 0:22
  Internet
• 0:22
  of
• 0:23
  things
• 0:23
  technology
• 0:24
  in
• 0:24
  retail.
• 0:25
  San
• 0:25
  Diego
• 0:25
  based
• 0:26
  Williot
• 0:26
  said
• 0:26
  last
• 0:27
  week
• 0:27
  the
• 0:27
  sensors,
• 0:28
  known
• 0:28
  as
• 0:28
  pixels,
• 0:29
  work
• 0:29
  like
• 0:30
  having
• 0:30
  a
• 0:30
  GPS
• 0:31
  tracker
• 0:31
  on
• 0:31
  every
• 0:32
  item
• 0:32
  and
• 0:32
  are,
• 0:33
  quote,
• 0:33
  designed
• 0:34
  to
• 0:34
  dramatically
• 0:34
  enhance
• 0:35
  supply
• 0:35
  chain
• 0:36
  efficiency,
• 0:36
  inventory
• 0:37
  accuracy
• 0:38
  and
• 0:38
  also
• 0:39
  cold
• 0:39
  chain
• 0:40
  compliance.
• 0:40
  Yes,
• 0:41
  everyone's
• 0:41
  favorite
• 0:42
  three
• 0:42
  words.
• 0:43
  The
• 0:43
  technology
• 0:43
  is
• 0:44
  currently
• 0:44
  being
• 0:44
  used
• 0:44
  at
• 0:45
  500
• 0:45
  Walmart
• 0:46
  locations
• 0:46
  with
• 0:46
  plans
• 0:47
  to
• 0:47
  expand
• 0:47
  in
• 0:47
  2026.
• 0:48
  The
• 0:48
  full
• 0:49
  rollout
• 0:49
  will
• 0:50
  cover
• 0:50
  4,600
• 0:51
  Walmart
• 0:52
  Supercenters,
• 0:53
  neighborhood
• 0:53
  markets
• 0:54
  and
• 0:54
  more
• 0:54
  than
• 0:55
  40
• 0:55
  distribution
• 0:56
  centers
• 0:56
  as
• 0:56
  well.
• 0:57
  And
• 0:58
  what's
• 0:58
  your
• 0:58
  take
• 0:58
  on
• 0:59
  Bluetooth
• 1:00
  item
• 1:00
  tracking?
• 1:01
  We've
• 1:01
  never
• 1:02
  talked
• 1:02
  about
• 1:02
  this
• 1:02
  very
• 1:02
  much.
• 1:03
  I
• 1:03
  think
• 1:03
  this
• 1:03
  is
• 1:03
  really
• 1:03
  important
• 1:04
  because
• 1:05
  we've
• 1:05
  had
• 1:06
  Wiliot
• 1:06
  on
• 1:06
  the
• 1:06
  show
• 1:07
  in
• 1:07
  the
• 1:07
  past.
• 1:07
  We're
• 1:07
  going
• 1:07
  to
• 1:07
  be
• 1:07
  having
• 1:08
  them
• 1:08
  back
• 1:08
  to
• 1:09
  talk
• 1:09
  about
• 1:09
  this
• 1:09
  deployment
• 1:10
  here
• 1:10
  in
• 1:11
  a
• 1:11
  couple
• 1:11
  of
• 1:11
  weeks.
• 1:12
  But
• 1:12
  I
• 1:12
  think
• 1:12
  this
• 1:13
  is
• 1:13
  another
• 1:13
  example
• 1:14
  for
• 1:14
  why
• 1:14
  you
• 1:14
  cannot
• 1:15
  be
• 1:16
  a
• 1:16
  one
• 1:16
  and
• 1:17
  done
• 1:18
  researcher
• 1:19
  of
• 1:19
  this
• 1:19
  technology.
• 1:20
  Because
• 1:20
  clearly
• 1:21
  these
• 1:21
  tags
• 1:22
  have
• 1:22
  reached
• 1:23
  mass
• 1:23
  scale
• 1:24
  now
• 1:24
  that
• 1:25
  Walmart
• 1:25
  is
• 1:25
  deploying
• 1:26
  them
• 1:26
  the
• 1:26
  way
• 1:27
  that
• 1:27
  they
• 1:27
  are.
• 1:28
  There
• 1:28
  has
• 1:28
  to
• 1:28
  be
• 1:29
  a
• 1:29
  cost
• 1:29
  advantage
• 1:29
  and
• 1:30
  there
• 1:30
  has
• 1:30
  to
• 1:30
  be
• 1:31
  an
• 1:31
  operational
• 1:31
  advantage
• 1:33
  for
• 1:33
  Walmart
• 1:34
  to
• 1:34
  invest
• 1:34
  this
• 1:35
  heavily
• 1:35
  in
• 1:36
  the
• 1:36
  technology.
• 1:36
  And
• 1:37
  I
• 1:37
  think
• 1:37
  that
• 1:37
  other
• 1:38
  grocers
• 1:38
  should
• 1:38
  be
• 1:38
  looking
• 1:39
  at
• 1:39
  this
• 1:39
  too.
• 1:39
  They
• 1:40
  are
• 1:40
  able
• 1:40
  to
• 1:40
  know
• 1:41
  exactly
• 1:41
  where
• 1:42
  inventory
• 1:42
  is,
• 1:43
  what
• 1:43
  the
• 1:43
  temperature
• 1:44
  of
• 1:44
  that
• 1:44
  inventory
• 1:45
  has
• 1:45
  been
• 1:45
  like.
• 1:46
  I
• 1:46
  love
• 1:46
  the
• 1:46
  example
• 1:47
  of
• 1:47
  the
• 1:47
  structure
• 1:47
  strawberries
• 1:48
  like
• 1:48
  these.
• 1:48
  These
• 1:48
  tags
• 1:49
  are
• 1:49
  put
• 1:49
  on
• 1:49
  the
• 1:49
  strawberries
• 1:50
  in
• 1:50
  the
• 1:50
  field,
• 1:51
  on
• 1:51
  the
• 1:51
  pallets
• 1:52
  and
• 1:52
  then
• 1:52
  you
• 1:53
  know,
• 1:53
  as
• 1:53
  the
• 1:54
  grocery
• 1:54
  retailer
• 1:55
  with
• 1:55
  a
• 1:55
  very
• 1:55
  high
• 1:55
  degree
• 1:56
  of
• 1:56
  certainty
• 1:57
  that
• 1:57
  those
• 1:57
  strawberries
• 1:58
  were
• 1:58
  kept
• 1:58
  at
• 1:59
  temp
• 1:59
  and
• 1:59
  are
• 1:59
  going
• 1:59
  to
• 1:59
  be.
• 2:00
  The
• 2:00
  whole
• 2:00
  pallet
• 2:00
  is
• 2:00
  going
• 2:00
  to
• 2:01
  be
• 2:01
  saleable
• 2:01
  once
• 2:01
  you
• 2:02
  get
• 2:02
  them
• 2:02
  to
• 2:02
  your
• 2:03
  store
• 2:03
  versus
• 2:04
  they
• 2:04
  hit,
• 2:04
  you
• 2:04
  know,
• 2:05
  cold
• 2:05
  weather
• 2:05
  when
• 2:05
  they
• 2:06
  were
• 2:06
  traveling
• 2:06
  along
• 2:06
  the
• 2:07
  way
• 2:07
  and
• 2:07
  you
• 2:07
  should,
• 2:08
  you
• 2:08
  know,
• 2:08
  expect
• 2:09
  20%
• 2:09
  spoilage
• 2:10
  or
• 2:10
  something
• 2:10
  like
• 2:11
  that.
• 2:11
  And
• 2:11
  I
• 2:11
  think
• 2:12
  in
• 2:12
  an
• 2:12
  age
• 2:13
  where
• 2:13
  we're
• 2:13
  going
• 2:14
  to
• 2:14
  start
• 2:14
  to
• 2:14
  see
• 2:14
  consumers,
• 2:15
  you
• 2:16
  know,
• 2:16
  using
• 2:16
  tools
• 2:17
  like
• 2:17
  ChatGPT
• 2:18
  to
• 2:18
  say
• 2:18
  I'm
• 2:19
  making
• 2:19
  this
• 2:19
  recipe,
• 2:20
  I
• 2:20
  need
• 2:20
  strawberry
• 2:21
  shortcake
• 2:21
  and
• 2:22
  you
• 2:22
  get
• 2:22
  to,
• 2:22
  or
• 2:22
  I'm
• 2:22
  making
• 2:22
  strawberry
• 2:23
  shortcake,
• 2:23
  I
• 2:23
  need
• 2:24
  strawberries
• 2:24
  for
• 2:24
  that
• 2:24
  recipe.
• 2:25
  I
• 2:25
  need
• 2:25
  all
• 2:25
  these
• 2:25
  things
• 2:26
  and
• 2:26
  you
• 2:26
  get
• 2:27
  to,
• 2:27
  okay,
• 2:27
  one
• 2:27
  click
• 2:28
  checkout
• 2:28
  to
• 2:28
  Walmart.
• 2:29
  Well,
• 2:29
  if
• 2:29
  Walmart
• 2:30
  doesn't
• 2:30
  have
• 2:30
  the
• 2:30
  strawberries,
• 2:31
  I'm
• 2:31
  Shifting
• 2:31
  my
• 2:31
  whole
• 2:32
  order
• 2:32
  to
• 2:33
  another
• 2:33
  place
• 2:34
  because
• 2:34
  I
• 2:34
  don't
• 2:35
  have,
• 2:36
  they
• 2:36
  don't
• 2:36
  have
• 2:36
  visibility
• 2:37
  into
• 2:37
  whether
• 2:38
  or
• 2:38
  not
• 2:38
  they
• 2:38
  can
• 2:38
  fulfill
• 2:39
  that
• 2:39
  order.
• 2:40
  And
• 2:40
  I
• 2:40
  think
• 2:40
  that
• 2:41
  is
• 2:41
  going
• 2:41
  to
• 2:41
  be
• 2:42
  so
• 2:42
  important
• 2:42
  as
• 2:42
  we
• 2:43
  think
• 2:43
  about
• 2:43
  the
• 2:43
  future
• 2:43
  and
• 2:44
  really
• 2:44
  having
• 2:45
  a
• 2:45
  crystal
• 2:46
  clear
• 2:46
  view
• 2:47
  on
• 2:47
  your
• 2:47
  inventory
• 2:48
  in
• 2:48
  your
• 2:48
  store
• 2:49
  so
• 2:49
  that
• 2:49
  you
• 2:49
  can
• 2:50
  know
• 2:50
  that
• 2:51
  your
• 2:51
  customer
• 2:51
  is
• 2:52
  going
• 2:52
  to
• 2:52
  come
• 2:52
  to
• 2:52
  you
• 2:52
  and
• 2:52
  they're
• 2:53
  going
• 2:53
  to
• 2:53
  get
• 2:53
  exactly
• 2:54
  what
• 2:54
  they're
• 2:54
  expecting
• 2:54
  to
• 2:55
  pick
• 2:55
  up
• 2:55
  for
• 2:55
  their
• 2:55
  grocery
• 2:56
  trip
• 2:56
  and
• 2:56
  they
• 2:56
  can
• 2:57
  rely
• 2:57
  on
• 2:57
  you
• 2:57
  time
• 2:57
  and
• 2:58
  time
• 2:58
  again.
• 2:58
  And
• 2:59
  that
• 2:59
  I
• 2:59
  think
• 2:59
  is
• 3:00
  where
• 3:00
  the
• 3:00
  real
• 3:00
  beauty
• 3:01
  of
• 3:01
  this
• 3:01
  comes
• 3:02
  into
• 3:02
  play
• 3:03
  with
• 3:03
  these
• 3:03
  tags
• 3:04
  and
• 3:04
  why
• 3:04
  they're,
• 3:05
  they're
• 3:05
  now
• 3:05
  worth
• 3:06
  the
• 3:06
  investment
• 3:06
  when
• 3:07
  inventory
• 3:07
  visibility
• 3:07
  is
• 3:08
  such
• 3:08
  a
• 3:08
  huge,
• 3:10
  huge
• 3:10
  priority
• 3:11
  for
• 3:11
  almost
• 3:11
  every
• 3:12
  retailer
• 3:12
  that
• 3:12
  we've
• 3:12
  been
• 3:13
  talking
• 3:13
  to
• 3:13
  lately.
• 3:15
  Yeah,
• 3:15
  I
• 3:15
  mean,
• 3:15
  I
• 3:15
  agree.
• 3:16
  I
• 3:16
  mean,
• 3:16
  I
• 3:16
  agree.
• 3:16
  Yeah.
• 3:16
  I
• 3:17
  mean
• 3:17
  we
• 3:17
  remember
• 3:17
  last
• 3:17
  week
• 3:18
  on
• 3:18
  the
• 3:18
  lightning
• 3:18
  round
• 3:18
  we
• 3:18
  talked
• 3:19
  about
• 3:19
  pasta
• 3:19
  salads
• 3:20
  and
• 3:20
  the
• 3:20
  listeria
• 3:20
  outbreak.
• 3:21
  Yeah.
• 3:21
  I
• 3:21
  mean
• 3:21
  essentially
• 3:22
  this
• 3:22
  helps
• 3:22
  prevent
• 3:22
  that
• 3:23
  or
• 3:23
  at
• 3:23
  least
• 3:23
  gives
• 3:23
  you
• 3:24
  the
• 3:24
  tracking
• 3:24
  to
• 3:24
  understand
• 3:25
  when
• 3:25
  and
• 3:26
  where
• 3:26
  that
• 3:26
  might
• 3:26
  have
• 3:26
  happened
• 3:27
  in
• 3:27
  your
• 3:27
  supply
• 3:27
  chain.
• 3:28
  So
• 3:28
  I
• 3:28
  joked
• 3:28
  about
• 3:28
  cold
• 3:29
  chain
• 3:29
  cold
• 3:30
  storage
• 3:30
  compliance,
• 3:31
  but
• 3:31
  you
• 3:31
  know,
• 3:31
  it's,
• 3:32
  it's
• 3:32
  very
• 3:32
  real
• 3:33
  and
• 3:33
  very,
• 3:33
  very
• 3:33
  important
• 3:34
  and
• 3:34
  actually
• 3:34
  people's
• 3:35
  lives
• 3:35
  are
• 3:35
  at
• 3:35
  stake
• 3:35
  too.
• 3:35
  So
• 3:36
  I
• 3:36
  applaud
• 3:36
  Walmart
• 3:37
  for
• 3:37
  doing
• 3:37
  this.
• 3:37
  Walmart
• 3:38
  again
• 3:38
  out
• 3:39
  on
• 3:39
  the
• 3:39
  front
• 3:39
  of
• 3:39
  everything.
• 3:40
  You
• 3:40
  know,
• 3:40
  expanding
• 3:41
  ESLs
• 3:42
  to
• 3:42
  all
• 3:42
  stores,
• 3:43
  expanding
• 3:43
  Bluetooth
• 3:44
  tracking
• 3:44
  to
• 3:45
  all
• 3:45
  stores
• 3:45
  and
• 3:46
  the
• 3:46
  reasons
• 3:46
  I
• 3:46
  like
• 3:46
  it.
• 3:46
  And
• 3:47
  I'm
• 3:47
  just
• 3:47
  going
• 3:47
  to
• 3:47
  keep
• 3:48
  saying
• 3:48
  it,
• 3:48
  I
• 3:48
  think
• 3:48
  it's
• 3:48
  going
• 3:48
  to
• 3:49
  be
• 3:49
  my
• 3:49
  new
• 3:49
  mantra.
• 3:49
  I
• 3:49
  got
• 3:49
  to
• 3:50
  come
• 3:50
  up
• 3:50
  with
• 3:50
  a
• 3:50
  way
• 3:50
  to
• 3:50
  actually
• 3:50
  say
• 3:51
  it
• 3:51
  as
• 3:51
  a
• 3:51
  mantra,
• 3:52
  but
• 3:52
  you're
• 3:52
  going
• 3:52
  to
• 3:52
  hear
• 3:52
  me
• 3:53
  say
• 3:53
  it
• 3:53
  over
• 3:53
  and
• 3:53
  over
• 3:53
  again.
• 3:54
  I'm
• 3:54
  all
• 3:54
  in
• 3:54
  on
• 3:55
  technology
• 3:55
  deployments
• 3:56
  that
• 3:56
  solve
• 3:56
  operational
• 3:57
  problems.
• 3:58
  And
• 3:58
  the
• 3:58
  operational
• 3:58
  problem
• 3:58
  here
• 3:59
  that
• 3:59
  you
• 3:59
  just
• 3:59
  mentioned
• 3:59
  is
• 4:00
  inventory
• 4:00
  accuracy
• 4:00
  at
• 4:01
  the
• 4:01
  store
• 4:01
  level.
• 4:02
  And
• 4:02
  that
• 4:02
  also
• 4:03
  have
• 4:03
  a
• 4:03
  minimal
• 4:03
  impact
• 4:04
  on
• 4:04
  the
• 4:05
  actual
• 4:05
  day
• 4:05
  to
• 4:05
  day
• 4:05
  operations
• 4:06
  of
• 4:06
  what
• 4:06
  you're
• 4:07
  asking
• 4:07
  your
• 4:07
  store
• 4:08
  associates
• 4:08
  to
• 4:09
  do.
• 4:10
  The
• 4:10
  tags
• 4:10
  go
• 4:10
  onto
• 4:11
  the
• 4:11
  products
• 4:11
  themselves,
• 4:12
  the
• 4:12
  store.
• 4:12
  You
• 4:12
  know,
• 4:12
  from
• 4:13
  my
• 4:13
  understanding,
• 4:13
  I
• 4:13
  don't
• 4:13
  this,
• 4:14
  the
• 4:14
  store
• 4:14
  team
• 4:14
  shouldn't
• 4:15
  have
• 4:15
  to
• 4:15
  do
• 4:15
  much.
• 4:16
  So
• 4:16
  as
• 4:16
  long
• 4:16
  as
• 4:16
  the
• 4:17
  background
• 4:17
  operating
• 4:18
  system
• 4:18
  to
• 4:19
  collect
• 4:19
  the
• 4:19
  data
• 4:19
  is
• 4:20
  working
• 4:21
  and
• 4:21
  there's
• 4:21
  probably
• 4:22
  some
• 4:22
  minimal
• 4:22
  training
• 4:23
  involved
• 4:23
  at
• 4:23
  the
• 4:23
  store
• 4:24
  level.
• 4:24
  Minimal.
• 4:25
  As
• 4:25
  long
• 4:25
  as
• 4:25
  that's
• 4:26
  done
• 4:26
  well
• 4:26
  and
• 4:26
  smartly,
• 4:27
  this
• 4:27
  will
• 4:27
  pay
• 4:27
  off
• 4:28
  in
• 4:28
  the
• 4:28
  long
• 4:28
  run
• 4:29
  from
• 4:29
  an
• 4:29
  operational
• 4:29
  productivity
• 4:30
  and
• 4:30
  efficiency
• 4:31
  standpoint.
• 4:32
  Yeah.
• 4:32
  And
• 4:32
  like
• 4:33
  Greg
• 4:33
  Cathy
• 4:34
  was
• 4:34
  quoted
• 4:34
  who's
• 4:35
  been
• 4:35
  on
• 4:35
  the
• 4:35
  show
• 4:35
  too,
• 4:36
  he,
• 4:36
  he
• 4:37
  said,
• 4:37
  you
• 4:37
  know,
• 4:37
  they've
• 4:37
  never
• 4:37
  been
• 4:38
  able
• 4:38
  to
• 4:38
  have
• 4:38
  this
• 4:38
  visibility
• 4:39
  into
• 4:39
  products
• 4:40
  and
• 4:40
  what
• 4:41
  the,
• 4:41
  the
• 4:41
  entire
• 4:42
  chain
• 4:42
  has
• 4:43
  been
• 4:43
  from
• 4:43
  the
• 4:43
  time
• 4:44
  that
• 4:44
  they
• 4:44
  get
• 4:45
  them
• 4:45
  from
• 4:45
  their
• 4:45
  suppliers
• 4:46
  into
• 4:46
  each
• 4:47
  of
• 4:47
  the
• 4:47
  stores
• 4:47
  and
• 4:47
  where
• 4:48
  they're
• 4:48
  going.
• 4:48
  And
• 4:48
  to
• 4:49
  even
• 4:49
  be
• 4:49
  able
• 4:49
  to
• 4:49
  reroute
• 4:50
  last
• 4:50
  minute
• 4:51
  if
• 4:51
  they
• 4:51
  need
• 4:51
  to.
• 4:51
  Like
• 4:52
  all
• 4:52
  of
• 4:52
  this
• 4:53
  is
• 4:53
  information
• 4:53
  that
• 4:53
  they've
• 4:54
  never
• 4:54
  had
• 4:54
  before.
• 4:54
  And
• 4:55
  I
• 4:55
  think
• 4:55
  you're
• 4:55
  right.
• 4:55
  Once
• 4:56
  the
• 4:56
  store
• 4:56
  associates
• 4:57
  figure
• 4:57
  out
• 4:57
  how
• 4:57
  to
• 4:57
  work
• 4:58
  that
• 4:58
  data,
• 4:59
  they'll
• 4:59
  be
• 4:59
  able
• 5:00
  to,
• 5:00
  you
• 5:01
  know,
• 5:01
  everything
• 5:02
  in
• 5:02
  their
• 5:02
  operations
• 5:03
  has
• 5:03
  improved
• 5:03
  because
• 5:04
  of
• 5:04
  it.
• 5:05
  Yeah.
• 5:05
  And
• 5:05
  especially
• 5:05
  in
• 5:06
  food
• 5:06
  and,
• 5:06
  you
• 5:06
  know,
• 5:06
  metal
• 5:07
  based
• 5:07
  objects,
• 5:07
  where
• 5:08
  RFID
• 5:08
  is
• 5:08
  a
• 5:08
  little
• 5:09
  more
• 5:09
  tricky
• 5:09
  to
• 5:09
  figure
• 5:10
  out.