Exclusive-Walmart looks to bet $200 million on autonomous forklifts -sources

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Exclusive-Walmart looks to bet $200 million on autonomous forklifts -sources
Warehouse OperationsDistribution CentersForklifts
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Walmart has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations, according to ...

NEW YORK - Walmart has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations , according to three people familiar with the matter.

"We evaluate the performance at each phase to determine if the technology meets our ability to better serve customers," she said in an email. "Some initiatives we scale, some initiatives we don't."In recent years, Walmart has focused increasingly on robotics to help it replenish stores, manage costs and keep the price of goods low.

The Symbotic agreement states that key employees would be bound by non-competes and receive competitive pay, while Symbotic would be barred from selling its technology in certain non-Walmart warehouses. Details were redacted in a securities filing. For David Guggina, executive vice president of supply chain operations at Walmart U.S., automation has meant new technical roles for associates and other employment opportunities, not job cuts. It reduces physically demanding work, giving Walmart "substantially low turnover," he said.

Their long-term feasibility can be uncertain, depending on significant adjustments and a controlled environment, whereas humans can adapt faster, said Katie Driggs-Campbell, a professor the University of Illinois’ Grainger College of Engineering.Go on Skyscanner, search “Everywhere” for the month of September and you will find return flights for under £30. Croatia, Portugal, Italy, Spain, all at our fingertips for the cost of two limoncello spritzers and a packet of nuts.

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