Tag Archives: inventory

One Huge, Dominant Customer – Why You Don’t Do It

wal-mart getting rid of inventory robots

source: futurism A major rule of doing business is there shouldn’t be too much reliance on any one customer to generate revenue growth and profits because it just takes one decision by that customer to crush the business. That recently happened with a company called Bossa Nova, a robotics company that supplied Wal-Mart (WMT) with the robots it was using to help take inventory. In response to Wal-Mart’s decision, the company had to lay off about half of its staff. Now it’s scrambling to find new businesses […]

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