Walmart was founded in 1962 and has grown to include over 8,400 retail units across 15 countries. As the largest private employer worldwide with over 2 million employees, Walmart utilizes various competitive strategies like everyday low pricing and cultural adaptation. Key aspects of Walmart's capacity planning include over 900 million square feet of facilities, $405 billion in annual sales, and a workforce of 2.1 million employees worldwide. The company leverages supply chain management and Just-In-Time practices with over 2,500 suppliers to maintain low prices while meeting customer demand.