Found in Robotics News & Content, with a score of 10.34
…reducing returns, noted Jon Schechter, business development manager at AutoStore. Retailers are “trying to delight customers with e-commerce” by providing a consistent product they know will fill their needs at the time of purchase, he said. “For instance, a shoe brand wants its customers to know that its Size 11 always fits the same way and that the consumer can buy it with confidence upfront,” added Schechter. “Let’s face it, return costs are built into the current profit model for e-commerce. However, prevention is the best experience for everyone.” Or, as Hasman put it, “it may be more costly to…
Found in Robotics News & Content, with a score of 9.34
…more human labor at the challenge becomes expensive and hard to sustain. Download Now! Insights From The world’s Leading AutoStore Integrator There are a number of integrators that can offer AutoStore hardware today, but not all AutoStore deployments are created equal. Download Now! More Related Resources from Swisslog
Found in Robotics News & Content, with a score of 9.31
…provider (3PL), DHL works with several robotics suppliers, including AutoStore, Boston Dynamics, Crown Equipment, and Vecna Robotics. Locus Robotics is arguably one of the more mature AMR providers. “We look for best-of-breed technologies and partner with companies of all sizes,” Brian Gaunt, senior director of DHL Supply Chain, told Robotics 24/7 at Manifest 2023. Sally Miller, DHL Supply Chain Sally Miller, global digital transformation officer at DHL Supply Chain, replied to the following questions from Robotics 24/7 about the company's expanded partnership with Locus Robotics: About how many DHL facilities will be adding robots from Locus? Miller: This will be…
Found in Robotics News & Content, with a score of 9.27
…Delhaize. The company recently marked its 300th integration of AutoStore automated storage and retrieval (ASRS) technology. Berkshire Grey offers robots as a service Bedford, Mass.-based Berkshire Grey provides robots using artificial intelligence for picking, packing, movement, sortation, and storage operations. The company supports warehouse operations including order fulfillment, retail replenishment, reverse logistics, and package handling for enterprises serving connected consumers. The company, which reported $14 million in new supply chain orders between November and February. Berkshire Grey said its systems are available through traditional and robotics-as-a-service (RaaS) models, allowing customers to adopt automation without upfront capital expenditures. Berkshire Grey claimed…
Found in Robotics News & Content, with a score of 9.18
…Kardex Remstar and Cimcorp; and at how shuttles and AutoStore came seemingly out of nowhere to take over a market that was once dominated by horizontal carousels and mini-load systems. Similarly, the cool factor at this year’s event was the adaption of augmented and virtual reality technologies to everything from lift truck operator training at Raymond to piece picking at Bastian. They still have a bit of a science project/pilot feel about them, but watching the demonstrations, you can’t help but feel that someone is going to figure out a way to increase productivity with these new technologies down the…
Found in Robotics News & Content, with a score of 8.73
…providing a user-friendly technology that’s safe to implement in any facility. The company also recently announced that Asetec, an AutoStore integrator in South Korea, has joined the RightHand Robotics Integrator Network.
Found in Robotics News & Content, with a score of 8.61
…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 8.49
…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 8.08
…a dedicated automation fund. It remains majority shareholder of AutoStore after selling a 40% stake to SoftBank in April. “THL remains focused on investing behind automation leaders, as underscored by the closing of our Automation Fund in 2020, and working with management to accelerate growth, said Jim Carlisle, managing director and head of THL’s Automation Fund. “We welcome Brooks Automation into our family of dynamic and innovative automation solution providers, and we look forward to partnering with the talented team at Brooks Automation to unlock new growth opportunities.” “We are proud of the highly innovative automation business we have built…
Found in Robotics News & Content, with a score of 8.00
…RightHand Robotics After acquiring MHS in 2017, THL acquires AutoStore GreyOrange partners with eight supply chain industry leaders in the United States Tompkins Robotics partners with Bastian Solutions Research and economy Robotic unit orders show growth over last year CBRE report: Online returns expected to total $37 billion for 2018 holiday season Deloitte industrial manufacturing outlook tracks digitalization’s steady march North American robotics orders to non-automotive companies surge to new records BDO Survey: Majority of middle market manufacturers recognize Industry 4.0 opportunity, but only 5% ready to execute Deloitte/MAPI Study: Smart factories key to tripling stalled labor productivity growth rate…
Found in Robotics News & Content, with a score of 7.88
…than $175 billion in leading technology companies. They include AutoStore, Berkshire Gray, JD Logistics, and Uber. The business combination was approved at a special meeting of SVFC shareholders held on June 3. As a result of the transaction, the combined company received additional growth capital to supplement its existing $363 million of combined cash on the balance sheet as of March 26 and proceeds from a May 20 warrant exercise. “We are thrilled to complete our business combination with Symbotic,” said Yanni Pipilis, chairman and CEO of SVF and managing partner at SBIA. “We believe Symbotic is years ahead of…
Found in Robotics News & Content, with a score of 7.67
…autonomous vehicles. The company has also filed suit against AutoStore Technology AS over ASRS patents. More CFCs to come Kroger plans to open another CFC in Groveland, Fla., west of Orlando. The company also plans to open CFCs in Dallas; Phoenix; Forest Park, Ga.; Frederick, Md.; Pleasant Prairie, Wis.; and Romulus, Mich., as well as in the West and Pacific Northwest. “We're excited to be building a distribution network that creates a more equitable food system by providing greater accessibility to fresh food through the power of innovation,” said Gabriel Arreaga, Kroger's senior vice president and chief supply chain officer…