Why 10-minute delivery depends on more than cheap labour, according to Walmart CTO
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Walmart CTO Suresh Kumar said delivery speed depends on demand prediction, inventory placement, and population density, not just cheap labour.
- ✓He noted that speed varies by location and product type.
- ✓"So multiple factors start going in.
Story at a Glance
- Category
- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Walmart's Suresh Kumar said delivery speed depends on demand prediction, inventory placement and population density, with labour costs being only one factor.
Low-cost labour and transportation are only part of what determines how quickly an order can be delivered, Walmart Global CTO and CDO Suresh Kumar said in an interview with CNBC-TV18's Shereen Bhan.
Responding to a question on whether lower labour costs in India and China are driving the boom in 10-minute delivery, Kumar said speed depends largely on how accurately a retailer can predict demand and position inventory close to where customers are expected to need it.
He said this becomes easier in areas with high population density, pointing to metro cities in India and China as examples.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
cnbctv18
Read the full, original unfiltered story directly on the publisher's portal.