1982
Bernie Marcus visited Price Club in San Diego and went on to start Home Depot.
“Bernie Marcus, of course, then goes home, turns around and starts Home Depot.”
Topic
Home Depot
5 facts from 2 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
Undated
A Home Depot employee used Alteryx to produce sales forecasts in a few hours instead of weeks, according to Tom Davenport.
“he was able to produce a sales forecast in a few hours at most, rather than the weeks that it took him previously.”
Undated
Home Depot cited extra income well into the nine figures from the forecasting automation, according to Tom Davenport.
“They cited, um, uh, well into the nine figures of extra income as a result.”
Undated
The Home Depot forecaster was named employee of the year and later became a consultant helping others use such tools.
“he got employee of the year. Now, as often happens, he's no longer doing that. He's now a consultant to help other people use these tools.”
Undated
Costco turns its inventory about 12.4 times a year, versus about 8 for Walmart and 5 for Home Depot, according to Ben Gilbert.
“So Costco actually turns their inventory 12.4 times per year.”
Episodes