Oct. 23 at 3:37 AM
$SYM is the leading warehouse robotics provider to
$WMT the leading retailer in the world
$AMZN was a first mover and sets the bar in warehouse robotics while Wal Mart is steadily gaining. Amazon’s warehouse automation efforts were largely jumpstarted by its
$775 million acquisition of Kiva Systems in 2012. Morgan Stanley analysts estimated in a Wednesday note that Amazon’s rollout of automated warehouses, combined with lower labor and fulfillment costs, could generate savings of up to
$4 billion by 2027. Symbotic has partnered with Walmart to automate the retailer’s supply chain since 2017. Symbotic is currently deploying its software and AI robotics platform at Walmart’s 42 regional distribution centers in the U.S.
