Berkshire Grey Reports $14M in New Supply Chain Orders Since November

Supply chain adoption of automation is continuing to accelerate. Berkshire Grey Inc. yesterday announced that it has received $14 million in new orders since November 2021. The company said the orders include $8 million from new customers and $6 million of follow-on orders from its anchor accounts.

“We continue to demonstrate strong commercial momentum with these new orders," stated Tom Wagner, CEO of Berkshire Grey. "At $200 million in total orders to date, we are proving the value we are delivering to our customers, enabling them to create long-term competitive advantage in e-commerce, retail, and logistics with our AI technology and robotic solutions.”

Berkshire Grey said it combines patented hardware, software, and artificial intelligence to automate fulfillment, supply chain, and logistics operations. The company claimed that it can automate pick, pack, move, store, organize, and sort operations "to deliver competitive advantage for enterprises serving today’s connected consumers." Its customers include Global 100 retailers and logistics service providers.

Berkshire Grey has a strong 2021

Berkshire Grey said the new orders reflect growing demand for robots to transform warehouse operations and meet soaring consumer expectations for on-demand order fulfillment. The company last year announced plans to merge with Revolution Acceleration Acquisition Corp., a special-purpose acquisition company (SPAC). It also opened new headquarters and an innovation center in Bedford, Mass.

The company said its latest orders reinforce its ongoing commercial momentum. Berkshire Grey listed the following accomplishments from 2021:

• Increased orders by $84 million, bringing total orders since inception to $200 million
• Doubled the number of customers year-over-year, including initial orders with new Fortune 100 and global retail brands
• Ended the year with $105 million of backlog

New robots to aid supply chains

To support its continued growth, Berkshire Grey recently added to its suite of patented, AI-enabled robotic systems. Since November 2021, the company said it has:

• Introduced its next-generation Robotic Product Sortation (BG RPS) solution for online order fulfillment and store replenishment. This high-capacity automation solution robotically picks, sorts, and packs individual items into outbound order containers without the need for operator interaction.
• Launched a Reverse Logistics product to help retailers accelerate the resale of returned goods and improve labor utilization in the returns process. The Berkshire Grey Reverse Logistics system helps companies get goods back into inventory or moved to refurbishment up to 25% faster than manual processing and improves labor handling efficiency up to 35%.
• Broadened the Berkshire Grey Partner Alliance (BGPA) program with the addition of a partnership with a leading systems integrator that specializes in logistics automation for warehouses and distribution centers. The BGPA program includes a select group of market-leading consultants, integrators, technology providers and material handling leaders, and enables the company to broaden its global reach and extend its go-to-market strategy.

Berkshire Grey added that its systems include:

• AI-enabled robotic picking, packing, and sorting.
• AI-enabled robotic mobility for cases, containers, and items.
• AI software platform with multi-system orchestration and integration with warehouse management systems (WMS).
• Cloud-based monitoring and analytics.
• A full portfolio of professional services including manufacturing, installation, commissioning, maintenance, software updates, and managed operations.