Found in Robotics News & Content, with a score of 8.62
…among smaller companies SMEs make up about 25% of AutoStore's business, said Jon Schechter, vice president of North America business development at the Nedre Vats, Norway-based company. AutoStore offers automated storage and retrieval systems (ASRS). Large enterprises aren't the only companies that have warehouse space concerns. SMEs are also investing in ASRS to better take advantage of the vertical space within their warehouses, he noted. That allows them to have fewer people working on the warehouse floor so they instead do something more impactful, he said. “On the small end, moving one or two people from the warehouse back to…
Found in Robotics News & Content, with a score of 6.68
…River Systems in the AMR space. This also includes AutoStore and Symbotic in the goods-to-person picking space and perhaps RightHand Robotics and Covariant in the piece-picking space, which has been slow to get traction. Exotec appeared to be moving ahead with deals with companies like Gap Inc. We’re also beginning to see robots targeting tasks beyond robot-to-goods picking, such as trailer unloading and parcel induction. Those are great. But there are also signs that 2023 may be the long-awaited shakeout in the robotics industry, like the long-awaited recession in the economy. The most visible and public example is SoftBank’s announcement…
Found in Robotics News & Content, with a score of 8.50
…40% of automated storage and retrieval system (ASRS) provider AutoStore. Earlier this month, SoftBank Robotics U.K. and Bunzl Distribution partnered to offer robotics in Spain. Terms of Berkshire Grey acquisition Under the agreement, SoftBank will acquire all of the outstanding capital stock of the company not currently owned by SoftBank for $1.40 per share in an all-cash transaction valued at approximately $375 million. The agreement, which has been unanimously approved by Berkshire Grey’s board of directors, represents a premium of approximately 24% to the closing stock price as of March 24, the last trading day before the date of this…
Found in Robotics News & Content, with a score of 4.00
…takes center stage Other growth areas for FORTNA include AutoStore projects, including one system with over 1 million bins; the use of AMRs to support garment-on-hanger fulfillment; and integrated robotic piece picking, McKeel said. However, he added, FORTNA always takes a “problem-first” approach in assessment, so what’s right for one client might not be the best for others. Some major AMR vendors at the show also stressed the importance of integration. For example, shortly before ProMat, Locus Robotics and Berkshire Grey announced a combined solution that integrates the Berkshire Grey Robotic Shuttle Put Wall (BG RSPWi) with Locus Origin and…
Found in Robotics News & Content, with a score of 6.36
…of big retailers that are looking at G2P and AutoStore because trying to find land for new facilities is a long process. One electronics provider in the Columbus, Ohio, area wiped out 60% to 70% of a building for an automated storage and retrieval [ASRS] system, with a ton of success. Another client in Upstate New York, a sporting goods retailer, is looking at Brightpick. ROI and workforce concerns How can companies be sure of their return on investment (ROI) over time? Stretar: From a pure labor perspective, if we understand the manual processes, automation can save costs. It goes…
Found in Robotics News & Content, with a score of 26.91
…last week announced that Cardinal Health will install an AutoStore system empowered by Swisslog in its new at-Home Solutions distribution center in Grove City, Ohio. The facility is part of Cardinal Health at-Home Solutions' multi-year strategy to increase warehouse capacity to accommodate rapid growth. “Working with Swisslog to equip our facility with market-leading robotic automation technology like AutoStore further enhances our ability to quickly and efficiently get critical supplies and products to patients when and where they need it most,” stated Rob Schlissberg, president of Cardinal Health at-Home Solutions. “As we work to accommodate the growth we’re seeing as a…
Found in Robotics News & Content, with a score of 34.95
AutoStore AS yesterday announced FusionPort and FusionPort Staging, new bin-handling workstations for integrating different automation. The two workstations reflect the priorities of operational efficiency, operator productivity, and ergonomics, said Nedre Vats, Norway-based company. “Businesses today need to optimize their picking process if they are to meet evolving customer demands, but in order to achieve this, warehouses must be equipped with the tools that will enable their employees to work productively and safely,” said Carlos Fernandez, chief product officer at AutoStore. “This is why we're excited to offer FusionPort and FusionPort Staging, which will enable businesses to best serve their staff…
Found in Robotics News & Content, with a score of 10.49
…in recent collaborations with leading players like Vanderlande and AutoStore™ integrator Asetec. RightHand Robotics also solidified its automated piece-picking leadership in the growing online pharmacy market with a new pharma customer, Apotea. In an interview with Modern Materials Handling, Robotics 24/7’s sister publication, Owen noted he signed on with the company because he believes it has a mature product offering that has major potential market growth. “Every company and industry, like robotics, goes through a maturity model,” he said. “The first installations are installed and supported by engineering. In the next Rev(ision) the implementation team does the install with support…
Found in Robotics News & Content, with a score of 37.95
AutoStore AS has announced that its fulfillment automation technology, with more than 1,150 systems in operation worldwide, is now available as a pay-per-pick service. The new offering will enable a lower entry price point to help retailers meet the growing need for more efficient warehouse operations and faster customer delivery, the Nedre Vats, Norway-based company said. AutoStore, founded in 1996, said it is a technology company that develops automated storage reterival systems to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities, and the AutoStore technology is interoperable with…
Found in Robotics News & Content, with a score of 5.12
…multiple deployments, and service-level agreements.” DHL has relationships with AutoStore, Boston Dynamics, Locus Robotics, and Vecna Robotics, among others. “The balance between existing, fixed infrastructure and flexible automation and ROI [return on investment] is based on the customer,” said Gary Allen, vice president of supply chain excellence at Ryder Supply Chain. “AMRs [autonomous mobile robots] need one and a half years, while an ASRS may take one to two years, depending on volume.” MMH's Bob Trebilcock moderated a session with Drew Bailey, vice president of design engineering at Geodis; Zac Boehm, vice president of innovative systems at Hy-Tek Intralogistics; and…
Found in Robotics News & Content, with a score of 13.45
…partnerships with Element Logic, Vanderlande, and a couple of AutoStore partners. We've seen growth and the extension of piece picking with AutoStore's ASRS. A new customer was Apotea, a Swedish e-commerce pioneer. It started in 1997 with high-value, low unit-volume prescriptions and took the pharmacy online. Today, it has $500 million in revenue and an 80% CAGR [compound annual growth rate] over 10 years. The European company built a highly automated warehouse, but it didn't want 1 million sq. ft. Sure, Walmart acquired Alert Innovation in October, but ASRS is like an erector set—it can be put up pretty quickly.…
Found in Robotics News & Content, with a score of 24.26
AutoStore AS today announced a new report for which it surveyed more than 300 C-level business leaders in warehouse management and fulfillment. Respondents cited the top three challenges facing their organizations as rising energy costs (32%), increasing labor costs (27%), and supply chain and shipping constraints (26%). Click on image to enlarge. Source: AutoStore “There is a need to operate more efficiently, which is perhaps why nearly nine in 10 organizations either have, or are planning to install, automation technology in their warehouse in 2023,” stated Ellen Brune, head of global strategic accounts at Nedre Vats, Norway-based AutoStore. “The intention…