Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, and Walmart Inc. (Nasdaq: WMT) today announced an expanded commercial agreement to bring further automation capabilities to 25 U.S. regional distribution centers, while supporting additional opportunities across Walmart’s global supply chain network.
Symbotic continues to invest in innovations that use AI to improve supply chain performance. Under the expanded agreement, Symbotic will bring additional capabilities to Walmart’s U.S. distribution network. This agreement also supports the continued growth of Walmart’s supply chain capabilities globally, helping deliver greater value for customers in markets around the world. The agreement includes an initial commitment of approximately $6 billion in spend, covering work over several years across multiple locations.
“Our partnership with Walmart started with a single product over a decade ago, and now we offer a full end-to-end solution to help power Walmart’s growth across its supply chain for years to come,” said Rick Cohen, Chairman and CEO of Symbotic. “This expanded agreement reflects the strength of that collaboration – a partnership defined by trust and shared ambition.”
Symbotic’s integrated solution has been developed through relentless innovation, and today includes a BreakPack each-picking solution and the SymMicro micro-fulfillment solution for e-commerce. All Symbotic solutions are underpinned by its proprietary software, which harnesses AI to orchestrate and optimize the movement of millions of cases, every day.
“At Walmart, we’re focused on bringing more items to more customers and members, faster than ever. Our investments in the physical and digital supply chain help us serve them however they choose to shop, whether in stores, at the curbside or at home,” said Rob Montgomery, Executive Vice President for Walmart U.S. Supply Chain Operations. “Our work with Symbotic over the years, including this expanded agreement, helps us improve service, grow capacity, simplify work for our associates and lower costs.”
Through its expanded work with Symbotic, Walmart plans to bring additional automation capabilities to its regional distribution center network, supporting e-commerce upstream inventory management, increasing storage capacity and improving how products move through the supply chain. These capabilities will help Walmart offer customers a broader assortment, improve speed and provide more reliable replenishment across its network.
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, food & beverage, and medical supply distribution companies. Applying next-generation technology, high-density storage and machine learning to solve today’s complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.
