We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Walmart expands orders for warehouse robotics from Symbotic

Walmart expands orders for warehouse robotics from Symbotic

Retailer increases adoption of fulfillment technology from 25 warehouses to all 42 regional DCs in its U.S. network.

Symbotic Bots 4.png
May 23, 2022
Ben Ames
No Comments

Warehouse robotics vendor Symbotic LLC is expanding its ties with Walmart Inc. and now plans to provide its robotics and software automation platform in all 42 of the retail giant’s regional distribution centers over the coming years, up from its previous plan to implement the technology at 25 of those sites.

Terms of the deal were not disclosed, but Symbotic said it now has a backlog of more than $11 billion in committed sales, up from its previous level of $5.3 billion on March 1.

Also today, the company reported financial results for its parent entity, Warehouse Technologies LLC, for the second quarter of fiscal 2022, ended March 26. The firm posted revenue of $96.3 million in that period for a loss of $26.2 million in adjusted EBITDA and a loss of $29.9 million in net income.

Wilmington, Massachusetts-based Symbotic makes an artificial intelligence (AI)-powered automated material handling system that builds palletized loads of department-sorted inventory. It also uses end-of-arm tools and vision systems to output cases, totes, and packages at high speeds. The firm says those approaches help Walmart get products onto the shelves of its more than 4,700 stores more quickly, including faster responsiveness to store orders, higher capacity in its DCs, and greater inventory accuracy.

“The expanded partnership with Walmart substantiates how our technology is truly reinventing the traditional warehouse and distribution of consumer goods across the supply chain,” Rick Cohen, Symbotic’s chairman, president, and chief product officer, said in a release. “As a technology platform with deep roots in warehousing and distribution – our system addresses some of the biggest challenges of today’s complex supply chain, such as inventory agility, transportation cost, and labor availability.”

Symbotic first implemented its autonomous “Symbot” robots in Walmart’s Brooksville, Florida, DC in 2017 and the parties have been optimizing the system together ever since. They increased the implementation of that system to 25 sites in 2021, and later that year, Symbotic announced a plan to go public on the NASDAQ stock exchange sometime in the first half of 2022.

“The need for accuracy and speed in the supply chain has never been more visible, and we’re confident that now is the time to move even faster by scaling Symbotic’s technology to our entire regional distribution center network,” David Guggina, senior vice president of Innovation and Automation, Walmart U.S., said in a release. “Using high-speed robotics and intelligent software to organize and optimize inventory, the Symbotic System helps us get products to our customers quickly and seamlessly by revolutionizing how we receive and distribute products to stores.” 

Walmart & Symbotic expand partnership to modernize all 42 @Walmart regional distribution centers. #Symbotic’s robotics & software automation platform plays a strategic role in supporting the retailer’s goal of modernizing its vast #SupplyChain network. https://t.co/P6rzAfkAuM pic.twitter.com/nSXvDJxnpz

— Symbotic (@SymboticTweet) May 23, 2022
Robotics Robotic Picking and Loading
KEYWORDS Symbotic Walmart
  • Related Articles

    Walmart-backed warehouse robot vendor Symbotic to go public

    Walmart to install Symbotic robots in 25 of its 42 regional DCs

    Users ask for better communication from warehouse robotics vendors

Benames
Ben Ames has spent 20 years as a journalist since starting out as a daily newspaper reporter in Pennsylvania in 1995. From 1999 forward, he has focused on business and technology reporting for a number of trade journals, beginning when he joined Design News and Modern Materials Handling magazines. Ames is author of the trail guide "Hiking Massachusetts" and is a graduate of the Columbia School of Journalism.

Recent Articles by Ben Ames

Jungheinrich buys Indiana warehouse automation vendor for $375 million

Shipping groups back bipartisan trucking overhaul bill

Walmart boosts investment in GoLocal delivery-as-a-service platform

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

  • Fred Smith is not worried about Amazon

  • InPerson interview: Rob McKeel of Fortna

Now Playing on DCV-TV

89cfed30 8aac 4284 960d c8c8c1886e16

Have you checked your read rate lately?

DCV-TV 4: Viewer Contributed
No reads. Unaccounted for boxes. Boxes sent to the wrong place. A logistics nightmare! But this nightmare doesn’t have to come true. SICK’s linear line scan camera is what dreams are made of for your logistics operations. And if you’re worried about motion and vibration from conveyor belts...well, there’s no reason...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing