John King, Senior Manager, Analytics & Insights, Private Brands at Walmart reveals how the largest US retailer makes use of a “firehose” of data. This amounts (according to some estimates) to 2.5 petabytes of unstructured data from 1 million customers every hour.
Walmart’s FP&A unit ensures this potentially limitless information provide instant business decisions for the US retail giant.
First John explains his path to being an FP&A leader, starting as a Geographic Information Systems (GIS analyst) at Tradewind Energy in Kansas.
Here his love and appreciation for technology - which plays a central role at Walmart- was born. John's passion for technology saw him thrive at his roles at two of Walmart’s FP&A divisions: Realty Market Strategy, and now Private Brands. Private brands - a good that is manufactured for and sold by Walmart competing with brand-name products is a huge source of data and revenue. In fact,18 of Walmart’s private brands do more than $1 billion in sales and its largest name, Great Value does more than $27 billion a year globally.
In this interview John speaks about the intersection of FP&A and business-decisions at Walmart and his career.
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To suggest a great guest for the show, or if you would like to be the FP&A Leader being interviewed contact jonathan.m@datarails.com
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