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Walmart Chile: Boosting efficiency through Open Innovation in Logistics and Supply Chain

Walmart Chile: Boosting efficiency through Open Innovation in Logistics and Supply Chain
In 2017, Walmart Chile embarked on a mission to revolutionize its logistics and supply chain. Teaming up with INNSPIRAL, they introduced an open innovation strategy, drawing in over 180 startups to tackle challenges such as energy efficiency and information management.

THE CHALLENGE:
In 2017, the Logistics and Supply Chain Vice Presidency of Walmart Chile set out to find innovations that would boost productivity in their distribution centers, optimize energy efficiency, and enhance information management.

THE SOLUTION:
Faced with uncertainty about how to achieve these innovations, Walmart Chile partnered with INNSPIRAL. Together, they designed an open innovation strategy that attracted over 180 startups with relevant technologies and processes, offering them incentives to collaborate closely. Only the most outstanding ones were selected to join the acceleration program. Simultaneously, an Innovation training program for executives of the Logistics Vice Presidency was implemented, led by INNSPIRAL.

THE OUTCOME:
The impact of INNSPIRAL underscored the importance of innovation at Walmart Chile. According to Juan Francisco Powditch, the then Warehouse Manager, “open innovation helped us adapt to the speed at which changes occur,” marking a fundamental shift in the company’s adaptability to the dynamically changing market.

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