Walmart Teams Up with Symbotic to Implement Industry-Leading Supply Chain Automation System
July 14 2021 - 12:01AM
Business Wire
The high-tech automation system will be
installed in 25 Walmart regional distribution centers building an
efficient and frictionless retail experience
Symbotic, a robotics and automation-based company focused on
reimagining the traditional consumer goods supply chain and Walmart
announced they will partner to reimagine the retailer’s regional
distribution network.
Symbotic first implemented its system in Walmart’s Brooksville,
Florida distribution center in 2017. Since that time, the companies
have worked together to optimize the system. Today, Symbotic will
begin the process of outfitting 25 additional regional distribution
centers with the high-tech system aimed at furthering Walmart’s
mission of operating a best-in-class supply chain.
“There is no greater validation of our efforts to use technology
to reimagine the warehouse and supply chain than our work with
Walmart,” said Rick Cohen, chief executive officer of Symbotic. “We
set out more than 15 years ago to dramatically improve America’s
legacy warehouses and supply chain to provide better and faster
service to American consumers with new career opportunities for
workers. Working with customers like Walmart has enabled us to
develop this total solution and with this trust we are now
positioned to develop Symbotic-powered warehouses around the
country for years to come.”
Walmart’s supply chain is central to ensuring customers can shop
when, where and how they want. By implementing Symbotic’s system,
Walmart will better modernize and digitize its existing supply
chain facilities to support evolving customer demand and create a
frictionless experience. All the while, the retailer will create
training opportunities for associates that open the door for jobs
of the future, increase productivity and reduce costs. Symbotic’s
scalable, integrated system deploys a fleet of fully autonomous
robots in combination with proprietary software to deliver
industry-best throughput and efficiency, while increasing warehouse
capacity. With the new system in place, it will help reduce the
time it takes to unload, sort, and stock freight in Walmart
stores.
“The digital transformation happening today, alongside evolving
customer habits, is reshaping the retail industry,” said Joe
Metzger, executive vice president of supply chain operations,
Walmart U.S. "To serve customers now, and in the future, our
business must provide the right tools and training to our
associates so they can deliver the items our customers want, when
they want them, with unmatched convenience. We're investing in our
supply chain at an unprecedented scale in order to optimize that
process end-to-end."
About Walmart Walmart Inc. (NYSE: WMT) helps people
around the world save money and live better - anytime and anywhere
- in retail stores, online, and through their mobile devices. Each
week, approximately 220 million customers and members visit
approximately 10,500 stores and clubs under 48 banners in 24
countries and eCommerce websites. With fiscal year 2021 revenue of
$559 billion, Walmart employs 2.2 million associates worldwide.
Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information
about Walmart can be found by visiting
https://corporate.walmart.com, on Facebook at
https://facebook.com/walmart and on Twitter at
https://twitter.com/walmart.
About Symbotic Symbotic LLC is a robotics and automation
company focused on reimagining the traditional consumer goods
supply chain. The company has spent more than a decade perfecting
its warehouse automation systems to disrupt the supply chain of
goods between manufacturers and consumers. Symbotic’s unique
platform, with more than 250 issued patents, is an end-to-end
system that reimagines every aspect of the warehouse and is fueled
by a unique combination of proprietary software and a fleet of
fully autonomous robots. The system enhances storage density,
increases available SKUs, reduces product damage and improves
throughput and speed to customers. Symbotic is rapidly growing with
a pipeline to build its transformative systems for Fortune 100
retailers and wholesalers in new and existing warehouses throughout
the United States and Canada. For more information about Symbotic
visit https://www.symbotic.com.
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Walmart Media Contact: 1-800-331-0085
news.walmart.com/reporter
Symbotic Media Contact: Pat Tucker, Blair Hennessy
212-371-5999 PCT@abmac.com BTH@abmac.com
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