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Sam Walton (aka Samuel Moore Walton)
Wal-Mart Founder & Billionaire
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Born: March 29, 1918 to his parents Thomas Gibson and Nancy Lee Walton near Kingfisher, Oklahoma。
Died: April 5, 1992
Quick Facts about W...全部
Sam Walton (aka Samuel Moore Walton)
Wal-Mart Founder & Billionaire
From Joshua Kennon,
Your Guide to Investing for Beginners。
FREE Newsletter。 Sign Up Now!
Born: March 29, 1918 to his parents Thomas Gibson and Nancy Lee Walton near Kingfisher, Oklahoma。
Died: April 5, 1992
Quick Facts about Walton:
Despite having billions, Walton still drove a pickup truck and wore clothes from his own discount store, Wal-Mart。
After losing a bet in 1984 to Wal-Mart store managers that they could not earn a pretax margin larger than eight percent, Walton dressed up in a grass Hula skirt and floral shirt。
Walton opened his first store, a Ben Franklin franchise, in Newport, Arkansas on September 1, 1945 after his wife insisted she would not live in a town of more than 10,000 people。
Walton's Educational Background: Sam attended the University of Missouri where he was elected Senior Class President。
To pay the tutition bill, he worked as a lifeguard, waiter, and maintained a newspaper delivery route of one hundred and sixty customers。
Following graduation, he aspired to attend the Wharton School of Business but quickly found he couldn't afford it。
He instead took a job as a manager trainee at J。C。 Penney。 Today, the Walton College of Business at the University of Arkansas bears his name。
The Pre- Wal-Mart Years: After his stint at J。C。 Penney, Walton knew he wanted to go into retailing。
He began reading everything he could on the subject and visiting different stores。 While still operating his Ben Fanklin franchises, Walton approached Herbert Gibson, founder of an already-successful discount chain in the south, to discuss the possibility of a partnership。
Rebuffed for having too little capital, the retailing giant decided to go it alone from scratch。
Starting a New Business: The first Wal-Mart opened in 1962 in Rogers, Arkansas。 Originally, stores were located within one-day driving distance from the company's distribution center in order to ensure almost instantaneous restocking。
Sales increased from $313 million to $1。2 billion during the 1970-1980 period while the number of stores increased 8。
5 fold。 Much of this increase came from bank debt which was largely paid off with the proceeds of the company's 1970 initial public offering。
Supply Chain Brilliance: Walton figured out how to expand the business using a combination of bank debt and vendor's money (viz。
, his supply chain was so efficient, he would order a product and have it sold in three days while only having to pay his vendor every thirty days; keeping the "float" in Wal-Mart's coffers for twenty-seven days。
) This rapid inventory turn continues at the company today。
Technology & Wal-Mart: Sam's brilliance was evident by the way he permitted the company to embrace technology。
In the early 1980's, the business was one of the first to utilize Universal Product Code (barcodes) to automate the inventory process。
In 1983, the business spent tremendous amounts of capital on a private satellite system that could track delivery trucks, speed credit card transactions, transmit audio and video signals, as well as sales data。
Sam Walton's Legacy: Today, Sam's legacy for low-cost operation can still be felt at Wal-Mart。
The corporate headquarters of the world's largest retailer resembles an old elementary school or bus station; there are no marble floors, solid cherry custom-built furniture, or executive dining areas。
Management still stays at budget hotels when taking business trips and the overwhelming corporate mission is to keep prices low and associates happy
(that's Sam Walton's English produce)
三岗(SamuelMooreAKA47合唱)
Wal-3月创办科学富翁
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出生: 1918年3月29日,他的父母和NancyThomasGibson李岗附近翠鸟、俄克拉何马。
死亡: 1992年4月5日
事实很快打破:
尽管数,打破仍穿衣服,一辆货车从自己家量贩店,Wal-马蒂。
1984年后,失去了赌Wal-三月商店经理说,他们不能赚取 扣除保证金 大于8%,打破穿上裙子和花衬衣草园。
他的第一家店开岗,Ben富兰克林专利权,纽波特,阿肯色九月一日,他的妻子在1945坚持她不会生活在城镇1万多人。
打破教育背景: Sam参加密苏里大学高级班,当选总统。 支付tutition法案,他担任救生员、服务员、报纸运送路线,保持了一百六十客户。 毕业后,他希望参加沃顿商业学校,但很快就发现,买不起。
他作为职业经理人,在下午的训练Penney。 今天,合唱团在阿肯色大学商业熊名字。
前Wal-年3月: Penney服役之后,他在下午,知道他要打破进入零售业。 他开始阅读有关的一切问题,他可以到各商店。
他同时还经营204Fanklin专利权、合唱与HerbertGibson,创办了已成功的折扣连锁南讨论了合作的可能性。 因资金太少,婉拒,零售业巨擘决定独自从零开始。
创业: 第一Wal-1962年3月开始,罗杰斯,阿肯色。
原来,仓库设在为期一天的驾驶距离公司的配送中心,以确保农田几乎瞬间。 销售从$313万$12亿美元,而在1970年至1980年期间增加了8。5倍多店。 这大大增加,主要是来自银行的债务清偿与收益的公司1970年 首次公开发行 。
供应链的辉煌: 打破揣摩如何扩大商业银行综合运用 债务 和卖主的钱(即,他这样的供应链效率,他会以卖产品,而只在3天他在卖方支付每30天; 把"浮"Wal-三月荷包为27天)。 这种迅速 把存货 该公司今天继续。
科学技术Wal-马蒂: Sam的辉煌是显而易见的,他可以接受公司的技术。 在八十年代初期,商业是最早普遍使用密码产品清单(条码)自动过程。 1983年,企业花费大量的私人资本在卫星系统,可以追踪货车、信用卡交易速度、音频、视频信号传输,以及销售数据。
三岗遗产: 今天Sam的遗产低成本运行仍可感受到Wal-马蒂。 公司总部世界最大的零售商像小学或旧车站; 没有大理石地板,扎实樱桃定做家具、餐厅和行政领域。 预算管理仍停留在旅馆时,要出差,绝大多数企业平抑物价的作用和使命是完全快乐。
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