The self-running warehouse

More commerce will require more warehouse automation.

By AKA Studio

What’s inside

• SYM Symbotic: Warehouse automation systems; 77 systems in deployment and revenue up 22%
• ROK Rockwell Automation: Factory automation and control systems
• TER Teradyne: Automation and semiconductor testing
• AMZN Amazon: Warehouses, robotics deployment, and cloud
• UPS United Parcel Service: Closing legacy conventional sites and shifting volume to automated hubs
• WMT Walmart: Sold its robotics unit to Symbotic and signed a master automation agreement
• HON Honeywell: Industrial automation and sensing
• EMR Emerson: Automation equipment and software
• PLD Prologis: Logistics real estate; flags power-ready automation-capable sites as a top factor
• ETN Eaton: Electrical gear for the power-hungry automated distribution centre
• XLI Industrial Select Sector SPDR: Broad industrial exposure

Why it could work

More commerce will require more warehouse automation. The basket combines direct participants and broader suppliers.

What could break it

Adoption could disappoint, competition could weaken margins, or high valuations could already price in the trend. Some holdings are broad, indirect proxies.

For learning only. Not investment advice.