Thirty years ago, when I started out in The Walt Disney Co.'s
inventory-control department, it didn't seem like technology at all. We were
still using 13-column work sheets and ledger books.
But I helped design Disney's first inventory system, which led to
point-of-sale. In the end, I became responsible for all inventory and logistics
systems worldwide.
To some people, Disney may not have seemed that willing to move into
technology, but it was always willing. Sometimes we had to do some convincing as
the technology changed: One of our justifications to replace mechanical
registers with point-of-sale devices in the Disney World hotels was to stop
hotel guests from checking out of their rooms without paying all of their room
charges. With live transactions, when the guests bought something at a
merchandise or food location and then went to check out at the reception
counter, all the transactions were posted to their accounts. So upgrading our
inventory of mechanical registers made sense.
After Disney, I was recruited to Fred Meyer, the grocery chain, to implement
the same systems we had at Disneyhe Peter R. Johnson & Associates (PRJ)
inventory-control system. In seven years with Fred Meyer, the company more than
quadrupled in growthrom $2.7 billion to $13 billion in salesuch of it
through acquisitions. At another company I was with, we did 64 acquisitions in
two years. That's two acquisitions a month. It was absolutely insane. And a lot
of them were mom and pops. Some had systems, some didn't have systems. It was
the ultimate in scalability issues. You can't stop to breathe. You can't stop to
reassess. You're just constantly moving.