Found in Robotics News & Content, with a score of 22.66
April 15, 2021
…Cruise LLC today said that several institutional investors and Walmart Inc. have joined its previously announced investment round, bringing the total capital raised to $2.75 billion at a valuation of more than $30 billion. “This investment is a marker for us – it shows our commitment to bringing the benefit of self-driving cars to our customers and business,” stated John Furner, president and CEO of Walmart U.S. “We’re excited to join Cruise’s already impressive partner and investor ecosystem with the likes of GM, Honda, and Microsoft as we work towards pioneering this emerging technology.” San Francisco-based Cruise has been developing…
Found in Robotics News & Content, with a score of 21.96
November 12, 2021
Walmart Inc. and Gatik announced this week that Gatik has been operating autonomous trucks without a safety driver behind the wheel in a delivery route for Walmart in Bentonville, Ark. The driverless deliveries are moving customer orders between a Walmart “dark store” and a Neighborhood Market with a fleet of multi-temperature autonomous box trucks. “Through our work with Gatik, we’ve identified that autonomous box trucks offer an efficient, safe, and sustainable solution for transporting goods on repeatable routes between our stores,” said Tom Ward, senior vice president of last mile at Walmart U.S. “We’re thrilled to be working with Gatik…
Found in Robotics News & Content, with a score of 16.05
February 03, 2023
…$12.0 billion in the quarter.” Symbotic deploys robots for Walmart Symbotic said it applies robots, high-density storage, machine vision, and machine learning to solve complex distribution challenges and “reimagine” the supply chain. The company claimed that its combination of artificial intelligence and automation “enables companies to move goods with unmatched speed, agility, accuracy, and efficiency.” In addition, Symbotic said it “transforms” warehouses into strategic assets for the world's largest retail, wholesale, and food and beverage companies. In May 2022, it announced that Walmart was expanding deployment of its systems to 42 regional distribution centers. In July, Symbotic and Walmart added…
Found in Robotics News & Content, with a score of 15.70
May 25, 2021
…deliveries to more homes In September 2020, Flytrex and Walmart announced a pilot project to bring backyard drone delivery to Fayetteville. They said its goal was to explore how drones can deliver items from a Walmart store to customers in a way that’s convenient, fast, and safe – from picking and packing to takeoff and arrival. The new expansion will enable a larger number of homes in the city to use the drone delivery service, said the company. Deliveries will be made in cooperation with long-time partner Causey Aviation Unmanned as part of the waiver, offering food, drinks, and other…
Found in Robotics News & Content, with a score of 14.42
April 09, 2021
…automation producers took a big blow last November when Walmart announced that it was ending its contract with Bossa Nova Robotics. So what can we really expect from robots and automation? Humans have been trying to make jobs easier since the dawn of time. It is one reason why we domesticated animals. It is why we built watermills, windmills, automated looms, steam engines, tractors, and a whole host of other machinery that allows us to do more with less effort, less danger, and in less time. It is the same driver behind autonomous mobile robots (AMRs) – to reduce hard…
Found in Robotics News & Content, with a score of 13.44
May 18, 2022
…and best-known retail brands in the world, such as Walmart and H&M, fulfill their promises to customers, employees, and shareholders,” stated Samay Kohli, co-founder and CEO of GreyOrange. “As e-commerce sales soar, brands face a stark reality: embrace automation or cede customers to the competition.” “We orchestrate fulfillment and optimize inventory in a complex global supply chain environment for more companies that ship millions of items each day than any other player in the market outside of Amazon,” he said. “This growth financing enables us to rapidly deliver our premium solution to meet the expansion demand from existing customers, rapidly…
Found in Robotics News & Content, with a score of 11.27
June 21, 2017
…design, engineering and software.” Major KNAPP customers include companies such as McKesson, AmerisourceBergen, Avon, Hermes, United Healthcare/Optum, Walgreen/Boots and Walmart.
Found in Robotics News & Content, with a score of 11.12
December 13, 2021
…meet order backlog Symbotic noted that its customers include Walmart, Albertsons, and C&S Wholesale Grocers. With “the industry’s largest contracted order backlog of over $5 billion,” the company said its systems already serve in more than 1,400 stores in 16 states and eight Canadian provinces. In addition, Symbotic forecast $433 million in revenue in FY 2022, representing an increase of more than 73% year over year. As of Sept. 25, Symbotic predicted a revenue growth rate in more than 80% between 2020 and 2025 “as it disrupts the more than $1 trillion that the retail and wholesale industries spend annually…
Found in Robotics News & Content, with a score of 10.67
September 06, 2018
…Chris Sultemeier, former executive vice president of logistics for Walmart, joined the board of warehouse drone pioneer PINC to help roll out the company's new technology. Read the Article: Former Walmart Executive Chris Sultemeier Joins Warehouse Drone Pioneer PINC “I’ve had the pleasure of knowing the PINC team for almost four years now,” Sultemeier said in the announcement of his board position. “With the company’s experience and core intellectual property in asset and inventory identification, I’ve seen firsthand how large organizations can benefit from PINC’s solutions, especially the aerial inventory robots.” Prior to retiring from Walmart in 2017, Sultemeier oversaw…
Found in Robotics News & Content, with a score of 10.54
November 30, 2021
…send products on less-efficient, circuitous routes. In early September, Walmart announced plans to hire more than 20,000 workers for their supply chain division to handle the busy holiday season. The world’s largest retailer is offering a mix of part-time and full-time roles at 250 Walmart and Sam’s Club distribution centers, fulfillment centers, and transportation offices. The future impacts As holiday delays continue to hinder the global supply chain, things are certain to get worse before they get better. Although it has been 19 months since the pandemic’s initial disruption, experts fear that supply chains won’t return to normalcy in the…
Found in Robotics News & Content, with a score of 10.44
September 10, 2018
…Kors, Canadian Tire, Geodis and a former Amazon and Walmart executive. Finding that key partner in the organization who can be a champion for the project remains elusive, as does getting the attention of senior decision makers. But, the labor issue came up in this session as well. Brock Eckles, director of strategic solutions for the 3PL Geodis, noted that a large consumer electronics company that is one of his clients has made a decision to invest heavily in automation because they can no longer fight the war over associates. Ron Kyslinger, a former Walmart SVP, argued that automation should…
Found in Robotics News & Content, with a score of 9.93
July 26, 2021
…think that there are a select few, probably including Walmart that will go down the capex path. They have all of their own software and capabilities in-house,” said an Attabotics staffer. “But, there's a lot that goes into e-grocery. Even the large companies need a turnkey solution if they want to get to market quickly with a profitable e-grocery business with the right SKU assortment, delivery time, the right mix of fresh and local produce. It's just impractical to do it all by yourself from scratch.” “There are a lot of different pieces to the software and robotics stack,” said…
