Walmart Seeks Patent On Corporate Travel Contract Optimization

When you're a big corporation, you can get nice volume discounts. When you're the biggest, you get to reinvent how they're used. Walmart seems to be at it again.

The $524 billion retailer's tech group built something specifically to optimize utilization of, negotiations for and supplier compliance to travel contracts. In spring 2019, the company applied for patents on the system in India and the United States. Why? Walmart isn't saying much, but you can bet it has something to do with "everyday low prices."

Walmart is maniacal about cost . . .

The full content is available to subscribers

Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.
Follow
Notify of
1 Comment
oldest
newest