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Walmart Gives Suppliers Eyes On Every Shelf | Fast Five Shorts · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  plans
• 0:00
  to
• 0:01
  equip
• 0:01
  supplier
• 0:02
  field
• 0:02
  reps
• 0:02
  with
• 0:02
  real
• 0:03
  time
• 0:03
  store
• 0:03
  level
• 0:03
  data
• 0:04
  via
• 0:05
  Scintilla
• 0:06
  in
• 0:06
  Store.
• 0:07
  According
• 0:07
  to
• 0:07
  chainstorage,
• 0:08
  Walmart
• 0:09
  Data
• 0:09
  Ventures
• 0:09
  has
• 0:10
  launched
• 0:10
  Scintilla
• 0:11
  in
• 0:11
  Store,
• 0:12
  a
• 0:12
  mobile
• 0:13
  platform
• 0:13
  for
• 0:13
  supplier
• 0:14
  field
• 0:14
  representatives
• 0:15
  that
• 0:15
  unifies
• 0:15
  real
• 0:16
  time
• 0:16
  inventory
• 0:16
  data,
• 0:17
  actionable
• 0:18
  metrics,
• 0:18
  modular
• 0:19
  shelf
• 0:19
  information
• 0:20
  and
• 0:20
  supplier
• 0:21
  assigned
• 0:21
  tasks
• 0:22
  in
• 0:22
  a
• 0:22
  single
• 0:23
  app.
• 0:23
  The
• 0:23
  platform
• 0:24
  builds
• 0:24
  on
• 0:24
  Walmart's
• 0:25
  Scintilla
• 0:25
  ecosystem,
• 0:26
  formerly
• 0:27
  Luminate,
• 0:27
  which
• 0:27
  was
• 0:28
  launched
• 0:28
  in
• 0:28
  2021
• 0:29
  and
• 0:29
  is
• 0:29
  a
• 0:30
  reimagined
• 0:30
  version
• 0:31
  of
• 0:31
  Volt's
• 0:31
  systems
• 0:32
  technology,
• 0:32
  which
• 0:33
  Walmart
• 0:33
  acquired
• 0:33
  in
• 0:34
  2022.
• 0:35
  Key
• 0:35
  capabilities
• 0:36
  include
• 0:37
  real
• 0:37
  time
• 0:37
  identification
• 0:38
  of
• 0:38
  items
• 0:38
  that
• 0:39
  are
• 0:39
  running
• 0:39
  low,
• 0:39
  the
• 0:40
  ability
• 0:40
  to
• 0:40
  correct
• 0:41
  inventory
• 0:41
  discrepancies
• 0:42
  from
• 0:42
  shelf
• 0:43
  shifts
• 0:44
  during
• 0:44
  busy
• 0:44
  periods,
• 0:45
  and
• 0:45
  planogram
• 0:46
  compliance
• 0:47
  checking,
• 0:47
  all
• 0:47
  from
• 0:47
  the
• 0:48
  field
• 0:48
  reps
• 0:48
  mobile
• 0:49
  device.
• 0:49
  Future
• 0:50
  updates
• 0:50
  will
• 0:50
  include
• 0:50
  AI
• 0:51
  driven
• 0:51
  task
• 0:52
  prioritization
• 0:52
  and
• 0:53
  deeper
• 0:53
  integration
• 0:54
  across
• 0:54
  in
• 0:54
  store
• 0:55
  systems.
• 0:55
  The
• 0:56
  Coca
• 0:56
  Cola
• 0:56
  company
• 0:56
  called
• 0:57
  it,
• 0:57
  quote,
• 0:58
  redefining
• 0:59
  our
• 1:00
  operations
• 1:00
  in
• 1:00
  Walmart
• 1:01
  stores.
• 1:01
  End
• 1:02
  quote.
• 1:02
  Wow.
• 1:03
  Citing
• 1:04
  improved
• 1:04
  efficiency
• 1:05
  and
• 1:05
  data
• 1:06
  driven
• 1:06
  decision
• 1:06
  making.
• 1:07
  Chris,
• 1:08
  what
• 1:08
  does
• 1:08
  Scintilla
• 1:09
  in
• 1:09
  Store
• 1:09
  say
• 1:10
  about
• 1:10
  Walmart's
• 1:11
  broader
• 1:11
  data
• 1:11
  strategy?
• 1:12
  And
• 1:12
  should
• 1:12
  other
• 1:12
  retailers
• 1:13
  be
• 1:13
  watching
• 1:13
  this
• 1:14
  closely?
• 1:14
  And
• 1:15
  to
• 1:15
  answer
• 1:15
  your
• 1:16
  question,
• 1:16
  I
• 1:16
  find
• 1:16
  this
• 1:16
  headline
• 1:17
  scintillating.
• 1:18
  It
• 1:19
  is
• 1:19
  Scintilla
• 1:20
  Lating.
• 1:21
  I
• 1:21
  think
• 1:21
  it's
• 1:21
  such
• 1:21
  a
• 1:22
  smart
• 1:22
  move
• 1:22
  from
• 1:22
  Walmart.
• 1:23
  It
• 1:23
  is
• 1:24
  just
• 1:24
  so,
• 1:25
  so,
• 1:26
  so
• 1:26
  sharp.
• 1:27
  I
• 1:28
  mean,
• 1:28
  you
• 1:28
  look
• 1:28
  at
• 1:28
  it,
• 1:28
  labor's
• 1:29
  getting
• 1:29
  more
• 1:29
  expensive,
• 1:30
  but
• 1:30
  the
• 1:30
  suppliers
• 1:31
  are
• 1:31
  out
• 1:31
  there
• 1:31
  and
• 1:32
  they
• 1:32
  want
• 1:32
  this
• 1:32
  data,
• 1:33
  they
• 1:33
  crave
• 1:33
  this
• 1:33
  data.
• 1:34
  And
• 1:34
  if
• 1:34
  something
• 1:34
  isn't
• 1:35
  right
• 1:35
  on
• 1:35
  the
• 1:35
  shelf,
• 1:36
  the
• 1:36
  suppliers
• 1:37
  are
• 1:37
  going
• 1:37
  to
• 1:37
  deploy
• 1:37
  people
• 1:38
  to
• 1:38
  fix
• 1:38
  it
• 1:39
  quickly.
• 1:40
  And
• 1:40
  I
• 1:40
  can
• 1:40
  give
• 1:40
  a
• 1:40
  personal
• 1:40
  example
• 1:41
  of
• 1:41
  this,
• 1:41
  a
• 1:41
  personal
• 1:42
  anecdote.
• 1:42
  When
• 1:42
  I
• 1:42
  was
• 1:42
  running
• 1:43
  frozen
• 1:43
  food
• 1:44
  at
• 1:44
  Target,
• 1:44
  this
• 1:44
  was
• 1:45
  back
• 1:45
  in
• 1:45
  like
• 1:45
  2008,
• 1:46
  2009,
• 1:47
  we
• 1:47
  had
• 1:47
  this
• 1:47
  large
• 1:48
  number
• 1:48
  Bertoli
• 1:49
  frozen
• 1:49
  meals.
• 1:49
  You
• 1:50
  guys,
• 1:50
  you
• 1:50
  ever
• 1:50
  eat
• 1:50
  Bertoli
• 1:51
  frozen
• 1:51
  meals?
• 1:52
  Well,
• 1:52
  we
• 1:52
  had
• 1:52
  this
• 1:52
  huge
• 1:53
  reset.
• 1:53
  They
• 1:53
  had
• 1:53
  just
• 1:54
  launched
• 1:54
  all
• 1:54
  these
• 1:54
  new
• 1:54
  products
• 1:55
  and
• 1:55
  for
• 1:55
  whatever
• 1:56
  reason,
• 1:56
  I
• 1:56
  don't
• 1:56
  remember
• 1:57
  what
• 1:57
  it
• 1:57
  was,
• 1:57
  but
• 1:57
  we
• 1:58
  set
• 1:58
  the
• 1:58
  planogram
• 1:59
  in
• 1:59
  reverse.
• 2:00
  And
• 2:00
  so
• 2:00
  like
• 2:01
  all,ousand
• 2:02
  plus
• 2:02
  stores
• 2:03
  got
• 2:03
  the
• 2:03
  planogram
• 2:04
  in
• 2:04
  reverse
• 2:04
  and
• 2:05
  there
• 2:05
  was
• 2:05
  no
• 2:05
  way
• 2:05
  for
• 2:05
  Target
• 2:06
  to
• 2:06
  fix
• 2:06
  it
• 2:06
  because
• 2:06
  the
• 2:07
  way
• 2:07
  you
• 2:07
  do
• 2:08
  your
• 2:08
  big
• 2:08
  planogram
• 2:09
  resets
• 2:09
  is
• 2:09
  you
• 2:09
  get
• 2:09
  one
• 2:09
  shot
• 2:10
  at
• 2:10
  them.
• 2:10
  Otherwise
• 2:11
  the
• 2:11
  labor
• 2:11
  goes
• 2:12
  to
• 2:12
  some
• 2:12
  other
• 2:12
  planogram
• 2:13
  reset
• 2:13
  and
• 2:13
  some
• 2:13
  other
• 2:14
  part
• 2:14
  of
• 2:14
  the
• 2:14
  store
• 2:14
  throughout
• 2:14
  the
• 2:15
  year.
• 2:15
  And
• 2:15
  so
• 2:16
  I
• 2:16
  said
• 2:16
  to
• 2:16
  Unilever
• 2:17
  that
• 2:17
  runs
• 2:17
  Bertoli,
• 2:17
  I
• 2:18
  was
• 2:18
  like,
• 2:18
  we're
• 2:18
  stuck.
• 2:18
  We
• 2:18
  can't
• 2:19
  do
• 2:19
  anything.
• 2:19
  And
• 2:19
  they're
• 2:19
  like,
• 2:20
  we're
• 2:20
  going
• 2:20
  to
• 2:20
  fix
• 2:20
  it.
• 2:21
  We're
• 2:21
  going
• 2:21
  to
• 2:21
  go
• 2:21
  in,
• 2:21
  we're
• 2:22
  going
• 2:22
  to
• 2:22
  Pay
• 2:22
  for
• 2:22
  it,
• 2:22
  we're
• 2:22
  going
• 2:22
  to
• 2:22
  get
• 2:22
  it
• 2:23
  fixed
• 2:23
  because
• 2:23
  it's
• 2:23
  that
• 2:23
  important
• 2:24
  to
• 2:24
  us.
• 2:24
  And
• 2:25
  so
• 2:25
  this
• 2:25
  kind
• 2:25
  of
• 2:26
  idea
• 2:27
  unlocks
• 2:28
  that
• 2:28
  on
• 2:28
  a
• 2:28
  tremendous
• 2:29
  scale.
• 2:30
  So
• 2:30
  basically
• 2:30
  Walmart
• 2:31
  has
• 2:31
  just
• 2:32
  unlocked
• 2:32
  a
• 2:33
  thousand
• 2:33
  Bertoli
• 2:34
  examples
• 2:34
  and
• 2:35
  shell
• 2:35
  fixes
• 2:36
  throughout
• 2:36
  their
• 2:36
  entire
• 2:37
  organization.
• 2:38
  So,
• 2:38
  so
• 2:38
  that
• 2:39
  tells
• 2:39
  me
• 2:39
  that
• 2:39
  Walmart
• 2:40
  is
• 2:40
  very
• 2:40
  smart
• 2:40
  about
• 2:41
  their
• 2:41
  data
• 2:41
  strategy
• 2:42
  and
• 2:42
  buying
• 2:43
  into
• 2:43
  the
• 2:43
  idea
• 2:43
  that
• 2:44
  all
• 2:44
  boats
• 2:44
  rise
• 2:45
  with
• 2:45
  the
• 2:45
  tides
• 2:46
  in
• 2:46
  this
• 2:46
  new
• 2:47
  age
• 2:47
  of
• 2:47
  commerce.
• 2:48
  And,
• 2:48
  and
• 2:48
  this
• 2:49
  is
• 2:49
  also
• 2:49
  even,
• 2:49
  and
• 2:50
  this
• 2:50
  is
• 2:50
  crazy,
• 2:50
  this
• 2:51
  is
• 2:51
  also
• 2:51
  even
• 2:51
  before
• 2:51
  I
• 2:52
  gets
• 2:52
  a
• 2:52
  hold
• 2:52
  of
• 2:53
  this.
• 2:53
  Imagine
• 2:53
  what
• 2:54
  you
• 2:54
  can
• 2:54
  do
• 2:54
  when
• 2:54
  you
• 2:54
  unlock
• 2:55
  and
• 2:55
  share
• 2:56
  data
• 2:56
  like
• 2:56
  this
• 2:56
  and
• 2:57
  you
• 2:57
  create
• 2:57
  the
• 2:57
  tools
• 2:58
  with
• 2:58
  AI
• 2:59
  to
• 2:59
  make
• 3:00
  the
• 3:00
  process
• 3:01
  even
• 3:01
  more
• 3:01
  efficient.
• 3:02
  So.
• 3:02
  Got
• 3:02
  it.
• 3:03
  I
• 3:03
  love
• 3:03
  this
• 3:03
  headline.
• 3:04
  Yeah,
• 3:05
  I
• 3:05
  mean
• 3:05
  I
• 3:05
  think
• 3:05
  the
• 3:06
  thing,
• 3:06
  the
• 3:06
  other
• 3:06
  thing
• 3:06
  that
• 3:07
  was
• 3:07
  announced
• 3:07
  this
• 3:07
  week
• 3:07
  Chris,
• 3:08
  that
• 3:08
  supports
• 3:08
  this
• 3:09
  is
• 3:10
  Walmart's
• 3:11
  72%
• 3:12
  grocery
• 3:13
  penetration
• 3:13
  right
• 3:13
  now
• 3:14
  in
• 3:14
  the
• 3:14
  US
• 3:14
  and
• 3:15
  that
• 3:15
  what
• 3:15
  you
• 3:16
  just
• 3:16
  described
• 3:17
  is
• 3:17
  going
• 3:17
  to
• 3:17
  be
• 3:17
  so
• 3:18
  critical
• 3:18
  to
• 3:18
  them
• 3:18
  continuing
• 3:19
  on
• 3:19
  that
• 3:20
  path
• 3:20
  path
• 3:20
  and
• 3:20
  making
• 3:21
  sure
• 3:21
  that
• 3:21
  they
• 3:22
  have
• 3:22
  the
• 3:22
  product
• 3:22
  when
• 3:23
  and
• 3:23
  where
• 3:23
  the
• 3:23
  customers
• 3:24
  are
• 3:24
  looking
• 3:24
  for
• 3:24
  them,
• 3:25
  when
• 3:25
  and
• 3:25
  where
• 3:25
  Walmart
• 3:26
  associates
• 3:26
  are
• 3:27
  pulling
• 3:27
  products.
• 3:27
  Like
• 3:28
  if
• 3:28
  they
• 3:28
  don't
• 3:29
  have
• 3:29
  the
• 3:29
  data,
• 3:29
  they
• 3:30
  don't
• 3:30
  have
• 3:30
  this,
• 3:30
  the
• 3:31
  product
• 3:31
  in
• 3:31
  stock
• 3:32
  and
• 3:32
  it's
• 3:32
  not
• 3:32
  just
• 3:32
  in
• 3:32
  food.
• 3:33
  I
• 3:33
  mean
• 3:33
  we,
• 3:33
  I
• 3:34
  talked
• 3:34
  to
• 3:34
  Denise
• 3:34
  in
• 3:35
  Candela
• 3:35
  yesterday
• 3:35
  and
• 3:36
  just
• 3:36
  hearing
• 3:36
  like
• 3:36
  the
• 3:36
  fashion
• 3:37
  that
• 3:37
  they're
• 3:37
  blowing
• 3:38
  through
• 3:38
  all
• 3:38
  the
• 3:38
  apparel
• 3:38
  like
• 3:39
  all
• 3:39
  of
• 3:39
  these
• 3:39
  categories
• 3:40
  within
• 3:40
  the
• 3:40
  store
• 3:41
  now
• 3:41
  having,
• 3:42
  you
• 3:42
  know,
• 3:42
  as
• 3:42
  you
• 3:43
  always
• 3:43
  say
• 3:43
  Chris,
• 3:43
  the
• 3:44
  same
• 3:44
  sheet
• 3:44
  of
• 3:44
  music
• 3:44
  to
• 3:45
  work
• 3:45
  off
• 3:45
  of
• 3:45
  and
• 3:45
  knowing
• 3:46
  exactly
• 3:46
  where,
• 3:47
  who
• 3:47
  to
• 3:47
  deploy
• 3:48
  and
• 3:48
  what
• 3:49
  sectors
• 3:49
  to
• 3:49
  fix
• 3:49
  and
• 3:50
  make
• 3:50
  sure
• 3:50
  that
• 3:50
  the
• 3:50
  product
• 3:51
  is
• 3:51
  in
• 3:51
  stock
• 3:51
  and
• 3:51
  on
• 3:52
  shelves
• 3:52
  for
• 3:52
  the
• 3:53
  growing
• 3:53
  number
• 3:53
  of
• 3:54
  Walmart
• 3:54
  customers.
• 3:54
  I
• 3:55
  think
• 3:55
  like,
• 3:56
  like
• 3:56
  we've
• 3:56
  said
• 3:57
  everyone
• 3:57
  wins
• 3:57
  here.
• 3:58
  Suppliers
• 3:58
  sell
• 3:59
  more
• 3:59
  things
• 4:00
  are
• 4:00
  more
• 4:00
  efficient
• 4:00
  at
• 4:01
  Walmart.
• 4:01
  They
• 4:01
  stay
• 4:01
  in
• 4:02
  stock
• 4:02
  for
• 4:02
  new
• 4:02
  and
• 4:02
  returning
• 4:03
  customers
• 4:03
  and
• 4:04
  Contus
• 4:04
  customers
• 4:05
  at
• 4:05
  the
• 4:05
  end
• 4:05
  have
• 4:05
  continually
• 4:06
  great
• 4:06
  experiences
• 4:07
  shopping
• 4:07
  the
• 4:07
  brand.
• 4:08
  So
• 4:08
  I,
• 4:08
  I
• 4:09
  applaud
• 4:09
  Walmart
• 4:10
  for,
• 4:10
  for
• 4:10
  yet
• 4:11
  another
• 4:11
  smart
• 4:12
  strategic
• 4:12
  operations
• 4:13
  move
• 4:13
  with
• 4:13
  this.
• 4:14
  Yeah,
• 4:14
  the
• 4:14
  one
• 4:15
  caveat
• 4:15
  is
• 4:15
  it
• 4:15
  could
• 4:15
  unleash
• 4:16
  Pandora's
• 4:16
  box
• 4:16
  into
• 4:17
  the
• 4:17
  Walmart
• 4:17
  store.
• 4:17
  Like
• 4:18
  you
• 4:18
  don't
• 4:18
  want
• 4:18
  to
• 4:18
  have
• 4:18
  all
• 4:19
  of
• 4:19
  your
• 4:19
  suppliers
• 4:19
  coming
• 4:20
  in
• 4:20
  all
• 4:20
  the
• 4:20
  time
• 4:21
  willy
• 4:21
  nilly
• 4:21
  trying
• 4:22
  to
• 4:22
  fix
• 4:22
  things
• 4:22
  and
• 4:22
  update
• 4:23
  planograms
• 4:23
  and
• 4:24
  you
• 4:24
  know,
• 4:24
  make
• 4:24
  sure
• 4:24
  everything's
• 4:25
  looking
• 4:25
  good.
• 4:25
  So,
• 4:26
  so
• 4:26
  Walmart's
• 4:26
  going
• 4:26
  to
• 4:27
  have
• 4:27
  to
• 4:27
  think
• 4:27
  about
• 4:27
  that
• 4:27
  on
• 4:27
  the
• 4:28
  backside
• 4:28
  like
• 4:28
  in
• 4:28
  terms
• 4:28
  of
• 4:29
  how
• 4:29
  do
• 4:29
  you
• 4:29
  control
• 4:29
  this,
• 4:30
  how
• 4:30
  do
• 4:30
  you
• 4:30
  put
• 4:30
  processes
• 4:31
  around
• 4:31
  it
• 4:31
  to
• 4:32
  manage
• 4:32
  it?
• 4:32
  You
• 4:33
  know,
• 4:33
  does
• 4:33
  everyone
• 4:33
  get
• 4:34
  this
• 4:34
  data
• 4:34
  or
• 4:34
  do
• 4:34
  you
• 4:34
  have
• 4:34
  to
• 4:35
  buy
• 4:35
  into
• 4:35
  it
• 4:35
  to
• 4:36
  you
• 4:36
  know,
• 4:36
  acquired
• 4:37
  it
• 4:37
  to
• 4:37
  a
• 4:37
  certain
• 4:37
  level
• 4:38
  and
• 4:38
  then
• 4:38
  get
• 4:38
  the
• 4:38
  permission
• 4:39
  to
• 4:39
  go
• 4:39
  in
• 4:39
  and
• 4:39
  take
• 4:40
  action
• 4:40
  on
• 4:40
  it.
• 4:40
  Like,
• 4:40
  I'm
• 4:41
  sure
• 4:41
  Coke,
• 4:42
  who,
• 4:42
  you
• 4:42
  know,
• 4:42
  you
• 4:42
  cited
• 4:42
  in
• 4:43
  the
• 4:43
  headline,
• 4:43
  I'm
• 4:44
  sure
• 4:44
  they're
• 4:44
  one
• 4:44
  of
• 4:44
  the
• 4:44
  vendors
• 4:45
  that
• 4:45
  has
• 4:45
  that
• 4:45
  permission.
• 4:46
  But,
• 4:46
  like,
• 4:46
  you
• 4:46
  know,
• 4:47
  does.
• 4:47
  Does
• 4:47
  Joe
• 4:48
  Smo
• 4:48
  almond
• 4:49
  butter
• 4:49
  brand
• 4:49
  get
• 4:50
  that
• 4:50
  same
• 4:50
  permission?
• 4:50
  I
• 4:51
  don't
• 4:51
  know,
• 4:51
  but
• 4:52
  you
• 4:52
  probably
• 4:52
  do
• 4:53
  want
• 4:53
  them
• 4:53
  in
• 4:53
  there,
• 4:53
  but
• 4:53
  you've
• 4:54
  got
• 4:54
  to.
• 4:54
  Got
• 4:54
  to
• 4:54
  keep
• 4:54
  tight
• 4:55
  controls
• 4:55
  on
• 4:55
  that,
• 4:55
  too.