Elevate p/b Home Solution–Soenens

Swisslog's robotic fulfillment system and software to support new Cardinal Health at-Home Solutions distribution center

Retrieved on: 
Thursday, March 16, 2023

The facility is part of the at-Home Solutions business' multi-year strategy to increase warehouse capacity to accommodate its rapid growth.

Key Points: 
  • The facility is part of the at-Home Solutions business' multi-year strategy to increase warehouse capacity to accommodate its rapid growth.
  • The software is engineered to be the heart and brain of automated warehousing and logistics systems, driving peak performance of the AutoStore solution.
  • This will be the first Cardinal Health distribution center to feature AutoStore, making warehouse employees' jobs less physically demanding.
  • Designed to handle any kind of small parts, these high-speed robots are redefining manufacturing, warehousing, retail and distribution operations worldwide.

Newell Brands Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Friday, February 10, 2023

Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2022 financial results.

Key Points: 
  • Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2022 financial results.
  • "Fourth quarter results were in line with our expectations and brought to a close a difficult second half.
  • The company reduced its inventories by more than $400 million between the third quarter 2022 and the fourth quarter 2022.
  • At the end of 2022, Newell Brands had cash and cash equivalents of $287 million and net debt outstanding of $5.1 billion.