The Decision Support Systems Of Walmart

1233 Words Dec 12th, 2015 5 Pages
Benjamin Franklin wisely said, “An investment in knowledge, always pays the best interest.” This is true for many businesses that now implement the use of decision support systems. They are investing in the knowledge that a DSS can provide them by analyzing astounding amounts of data. In 1992, Walmart became one of the first big users of enterprise data warehouses successfully and exponentially. In 1962, Walmart was founded by Sam Walton after owning several profitable Ben Franklin franchises. Even though he could not find investors to fund his new dream, he was able to open his first discount store in Rogers, Arkansas. Sam Walton focused on small rural markets, places that at that time, most people ignored. The discount store was so successful that the sales revenue for his first year was close to a million dollars. By 1970, Walmart was ready to become a publicly-traded company with almost 40 locations around the country and by 1995, there was a Walmart in every state of the country. Today, you can drive into every state of the country and find a Walmart. For example, there are four stores less than five miles away from my home, one to the north, one to the south, one to the west, and one to the east. We cannot escape them. They are everywhere, on TV commercials, on the internet, on Facebook, Twitter, and Instagram, and even in our mail. How has Walmart been able to reach such enormous success? Well, it turns out that around 1992, Walmart began to attain worldwide…

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