Walmart commits $6 billion to expand Symbotic deal
WMT•Walmart extended its agreement with Symbotic, committing about $6 billion over several years to add automation at 25 U.S. regional distribution centers and support its supply chain globally.
1. Expanded automation deal
Walmart extended its agreement with Symbotic, committing about $6 billion over several years to bring additional automation capabilities to 25 of its regional distribution centers in the United States and support its supply chain globally.
2. Supply chain goals
Walmart said the agreement aims to support e-commerce upstream inventory management, increase storage capacity and improve product movement through its supply chain. The retailer said the capabilities will help it offer customers a broader assortment, faster service and more reliable replenishment across its network. Symbotic has been helping Walmart automate its supply chain since 2017.
