Symbotic Inc. Class A (SYM)
NASDAQ (NMS) NASDAQ (NMS) Primary 
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Symbotic Inc. Class A Profile
| - Industry | - Sector | Richard B. Cohen CEO | NASDAQ (NMS) Exchange | 87151X101 CUSIP |
| US Country | 1,650 Employees | - Last Dividend | - Last Split | 9 Mar 2021 IPO Date |
Overview
Symbotic Inc. is an automation technology company that has been at the forefront of transforming warehouse operations since its inception in 2006. Headquartered in Wilmington, Massachusetts, the company focuses on developing advanced technologies aimed at enhancing the efficiency of modern warehouses and distribution centers. These innovative solutions are particularly designed for retail companies, optimizing the handling of pallets and cases to streamline operations and improve the front end of the supply chain. By pioneering automation technologies, Symbotic Inc. plays a critical role in redefining the logistics landscape, ensuring that businesses can keep pace with the increasing demand for quick and efficient distribution processes.
Products and Services
- Automated Pallet Processing:
This service involves the automation of pallet handling, which significantly reduces manual labor, minimizes errors, and enhances the speed at which goods can be processed and moved within a warehouse or distribution center. By leveraging advanced robotics and intelligent software, Symbotic Inc.'s systems can efficiently sort, store, and retrieve pallets, thereby improving overall warehouse productivity and safety.
- Case Processing Automation:
Targeted at optimizing the workflow associated with handling individual cases, this solution utilizes cutting-edge automation technologies to manage the picking, sorting, and placement of cases. Ideal for distribution centers that deal with a high volume of goods, this service ensures that products are accurately and swiftly processed, leading to enhanced operational efficiencies and a reduction in processing time.
Contact Information
