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Amazon v. Walmart The Motely Fool (Amazon (351,000 Employees, No…
Amazon v. Walmart The Motely Fool
Walmart
Worlds Largest Retaiiler
11,723 Stores globally
2.3 Million Employees
$117,542,000,000 revenue
$51,105 revenue/employee
Amazon
351,000 Employees
No stockrooms or cashiers
Robots in warehouses
Amazon employees generate twice as much revenue as Walmart workers.
$35,714,000,000 revenue
$101,749 revenue/employee
Robotics in Amazon
Fulfilment centres rely heavily on robotics
Cut processing times from 1 1/2 hours to 15 minutes
robots allow Amazon to store more items in the same amount of space
50% higher capacity in new warehouses
Notes on Amazon
Employee count growing 43% year in first quarter of 2017
Outpaces 23% revenue growth
Opened 26 new fulfilment centres in 2016
Lot of Overhead costs
More labour efficient
Will Purchase Whole Foods for $13.7 billion
Only makes $43,000/employee