An AR technology called VizPick is letting the company accelerate inventory management in 4,500 U.S stores.
Walmart credits automation and augmented reality technology with speeding up fulfillment, EVP and CFO John David Rainey said, speaking Tuesday during the company’s Q2 FY-2023 earnings call, for the period ending July 29.
Rainey said an augmented reality technology called VizPick is letting the company accelerate the inventory management process in its U.S stores, letting workers move products from the backroom to the sales floor more efficiently.
Adoption of the VizPick technology began in 2021 and has now reached 4,500 stores with a 100% adoption rate, the company said in an email. The system allows stores to predict inventory trends and deliver the quantity it projects that each store needs at the time the products are needed.Cio Dive