Walmart says it saved $27 million by making 2 tiny tweaks

Walmart is so large, even small changes can have an enormous impact.

To illustrate that the chain is paying attention to cost, during a presentation to investors in its 2017 Investment Community Meeting, Walmart CFO Brett Biggs used two concrete examples of how the chain has made small tweaks to save money. 

The first is what Biggs described as a "small" change to the plastic bags used by Walmart US. That change saved the company $20 million year over year.

RELATED: The 25 hottest toys of 2017, according to Walmart

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The 25 hottest toys of 2017, according to Walmart
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The 25 hottest toys of 2017, according to Walmart

Real Workin’ Buddies Mr. Dusty

Price: $40

Walmart

Disney Frozen 12-Volt Ride-On Sleigh

Price: $298

Walmart exclusive

Monster Jam Grave Digger 24-Volt Battery Powered Ride-On

Price: $398

Walmart exclusive

Fisher-Price Zoom 'N Crawl Monster

Price: $35

Imaginext DC Super Friends Batman Batbot Xtreme

Price: $94

Nerf Rival Nemesis MXVII-10K

Price: $88

FurReal Roarin Tyler, the Playful Tiger

Price: $117

Huffy Electric Green Machine 24 Volt Battery-Powered Ride On

Price: $199

Disney Junior Doc McStuffins Baby All in One Nursery

Price: $80

LittleBits Star Wars Droid Inventor Kit

Price: $99

Mattel Barbie DreamHorse

Price: $90

Mattel Cars Florida Speedway 2

Price: $100

MGAEntertainment LOL Surprise Fizz Factory

Price: $33

Num Noms Nail Polish Maker

Price: $45

New Bright 1:14 RC Dash Cam Rock Crawler

Price: $60

Walmart exclusive

New Bright 10 Inch Rc Tumblebee

Price: $25

Adventure Force Light Command Light-up Motorized Blaster

Price: $25

Walmart exclusive

Recoil Starter Set by Skyrocket

Price: $118

Soggy Doggy Board Game

Price: $19

Paw Patrol – My Size Lookout Tower

Price: $100

"Hatchimals Surprise"

Price: TBA

Details for this year's Hatchimals toy have not been released yet, but Walmart still expects it to be a big seller.

Pop-a-Balls Drop & Pop Ball Pit

Price: $50

Walmart exclusive

WowWee Fingerlings

Price: $15

Mayka Toy Block Tape

Price: $17 for a four-pack

Mickey's Transforming Roadster Racer RC

Price: $50

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The second is even simpler. Walmart shortened the length of receipts given to customers in stores and saw $7 million in savings over the last year, according to Biggs.

As Walmart invests heavily in technology, beefs up its e-commerce offering, remodels stores, improves the store experience, raises employee pay, and lowers prices, the company is now making it clear to investors that it cares about controlling costs, too.

Executives placed an emphasis on cost reduction during Tuesday's meeting, and the word "discipline" showed up in many forms during the event.

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