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Vuzix receives Smart Glasses follow-on order to support another Fortune 50 customer – Proactive Investors USA

Smart glasses

The new customer will use the Vuzix Smart Glasses as part of its international supply chain operations

Vuzix Corporation (NASDAQ:VUZI) said it has received a follow-on order for the deployment of its Smart Glasses to another Fortune 50 customer. 

The company noted that the unnamed customer will use the Vuzix Smart Glasses to support its supply chain operations internationally.

Vuzix said the coronavirus (COVID-19) pandemic has continued to create global supply uncertainties, disruptions, and inflationary forces which are forcing companies of all sizes to better manage their supply chains. 

READ: Vuzix announces follow-on order for its Smart Glasses from Australian and New Zealand distributor

Combined with the ongoing growth of online shopping, the company said attaining new productivity levels for product transportation, inventory management, and order fulfillment will become a distinct competitive advantage.

As a result, Vuzix said Smart Glasses are becoming a cost-effective tool to facilitate such objectives, as an increasing number of the world’s largest firms are starting to move from studying to deploying them.

“Across the board, Vuzix is investing time and resources to support our largest customers within the retail, warehousing and logistics vertical that have come to Vuzix with specific use cases and operational challenges that they would like to solve with smart glasses,” said Vuzix CEO Paul Travers in a statement. 

“This new Fortune 50 customer is one of several exciting opportunities within this vertical and Vuzix looks forward to providing ongoing hand-to-glove support to help this customer successfully scale and globally roll out our products.”

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Source: https://www.proactiveinvestors.com/companies/news/965194/vuzix-receives-smart-glasses-follow-on-order-to-support-another-fortune-50-customer-965194.html

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