Walmart Collaborates with Symbotic to Implement an Industry-Leading Supply Chain Automation System
Symbotic, a robotics and automation company focusing on reimagining the traditional consumer goods supply chain, and Walmart announced a partnership to reimagine the retailer's regional distribution network.
In 2017, Symbotic implemented its system for the first time in Walmart's Brooksville, Florida, distribution center. Since then, the companies have collaborated to improve the system. Today, Symbotic will begin upgrading 25 additional regional distribution facilities with the high-tech technology that will help Walmart achieve its goal of operating a best-in-class supply chain.
The supply chain at Walmart is critical to ensuring that customers can shop when, when, and how they want. Walmart will update and digitize its existing supply chain facilities to meet evolving customer demand and create a frictionless experience by adopting Symbotic's system. Furthermore, the retailer will provide associates with training opportunities to prepare people for future jobs, increase productivity, and reduce costs. Symbotic's scalable, integrated solution employs a fleet of fully autonomous robots in tandem with proprietary software to achieve industry-leading throughput and efficiency while increasing warehouse capacity. With the new system in place, Walmart stores will reduce the time it takes to unload, sort, and stock freight.
About Walmart
Walmart Inc. helps people all over the globe save money and live better lives - anytime and anywhere - via retail stores, online, and mobile devices. Approximately 220 million consumers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites each week. Walmart employs 2.2 million employees globally and expects $559 billion in sales in the fiscal year 2021. In addition, Walmart is a market leader in sustainability, corporate philanthropy, and employment opportunities.
About Symbotic
Symbotic LLC is a robotics and automation company that aims to revolutionize the conventional consumer products supply chain. The company has spent over a decade perfecting its warehouse automation systems to disrupt the products supply chain between manufacturers and consumers. With over 250 issued patents, Symbotic's platform is an end-to-end system that reimagines every aspect of the warehouse and is powered by a unique combination of proprietary software and a fleet of fully autonomous robots. The technology increases storage density, expands possible SKUs, minimizes product damage, and boosts throughput and speed to customers. Symbotic is rapidly expanding, with a pipeline of new and existing warehouses in the United States and Canada to build transformative solutions for Fortune 100 retailers and wholesalers.