Walmart Invests in Smarter Supply Chain Technology
Walmart is investing in San Diego-based Wiliot to deploy its smart sensors in the retail giant's massive supply chain, utilizing Internet-of-Things technology that has been around for two decades.
The deal, announced earlier this month, is the largest such deployment of ambient IoT in the retail sector, with millions of battery-free IoT sensors to be used.
- Walmart will be able to retrieve the real-time location of merchandise in its 4,600 stores by the end of 2026.
- At scale, the sensors will be able to track an estimated 90 million pallets of inventory.
Wiliot's ambient IoT is powered by harvesting ambient energy from radio waves, light, motion, heat or other viable energy sources.
Author's summary: Walmart invests in IoT technology for supply chain management.