Description: I guess those robots can’t really replace all the humans after all! Walmart has decided to fire its inventory robots. Real, live human beings can gather information on inventory as they stock items in the stores, allowing them to do at least as good of a job as the mechanical workers. Walmart’s CEO wondered as well what customers might think about encountering robots in the stores.
Date: November 3, 2020
1) Have you ever had to work with a robot or run into one while shopping in a store?
2) What is one of the big lessons we can learn from this decision by Walmart?
3) The “Accounting Matters” text box on page 6-5 of Wiley’s Financial Accounting: Tools for Business Decision-Making, discusses another technological innovation Walmart has made with inventory management. What is this innovation? What does it do?