Found in Robotics News & Content, with a score of 44.87
…limitation of automated storage systems is their limited capacity. AutoStore today announced the global availability of its R5+ Robot, which it said will enable warehouses to manage larger items. The R5+ can handle bins up to 425 mm (16.7 in.), the tallest bins available in the AutoStore system. Such bins were previously available only as a premium feature for AutoStore B1 Robot installations. “Sometimes the simplest solutions make the biggest transformation,” said Carlos Fernández, chief product pfficer at AutoStore. “We continue to innovate to help retailers improve the customer experience they offer.” “If there is one thing we've witnessed over…
Found in Robotics News & Content, with a score of 5.67
…in the Netherlands. With a fleet of RightPick-enabled picking robots and an automated storage and retrieval system (ASRS) from AutoStore, Apologistics handles more than 25,000 parcels per day with 20 or fewer employees, according to founder Michael H. Fritsch.
Found in Robotics News & Content, with a score of 5.41
…including those they helped take public such as Aurora, AutoStore, Berkshire Gray, DiDi, DoorDash, JD Logistics, Uber, and WeWork. More transaction details The minimum cash of the transaction is fully covered by the $405 million of committed equity capital that Symbotic and SVFC have raised, reducing potential transaction uncertainty. Symbotic also expects to receive an additional $174 million in cash from Walmart by the end of December to be used for general corporate purposes as a result of Walmart gross exercising warrants it holds in the Company. At closing, assuming no SVFC public shareholders exercise their redemption rights, existing Symbotic…
Found in Robotics News & Content, with a score of 6.66
…in warehouse applications developed by systems integrators such as AutoStore, OPEX, Bastian, Swisslog, TGW, and Kuecker Pulse Integration (KPI). “We haven’t done any marketing and surprisingly we don’t have any dedicated sales reps, yet we’ve deployed a large number of robots,” said Kalouche. “I think this is a testament to the high demand for what we’re building and to our product and how well it works. We let the robots speak for, and sell, themselves. To date, we have 100% customer retention and 100% repeat customers.” “With logistics and fulfillment experience at Amazon, iHerb and other retail companies, I've worked…
Found in Robotics News & Content, with a score of 6.17
…We work with all the major manufacturers, including Attabotics, AutoStore, and SSI Schaefer. How much do you need to educate the market about reducing risk? Sanborne: There is risk for companies involved with new technologies. Our direct model is less scary. We work with a lot of robot manufacturers, distributors, and systems integrators. A lot of them are really successful at selling our offerings. Banks don't understand how to write these leases. For example, the chief financial officer of a Fortune 500 company got nine months into a deployment and wanted to give it to a bank, but the bank…
Found in Robotics News & Content, with a score of 10.35
…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 32.80
…has partnered with integrator Bastian Solutions to deploy an AutoStore storage system at a new fulfillment site for a leading clothing retailer. The partners claimed that the $48 million material handling equipment deal will deliver the highest documented throughput for any AutoStore in the world. It will support the unnamed retailer's omnichannel capabilities, including e-commerce and its more than 1,000 stores across the U.S. “GEODIS' strategic partnership with Bastian Solutions and AutoStore will provide us even greater efficiencies and added capacity as we continue to navigate ongoing industry challenges on behalf of our clients, such as swiftly changing consumer buying…
Found in Robotics News & Content, with a score of 8.09
…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 12.50
…said its integrated system for Crocs includes goods-in receiving, AutoStore goods-to-person technology, overhead pouch-sortation conveyor, bulk parcel conveyor, returns processing, and tilt tray sortation. The system will be managed and integrated with Exacta warehouse execution system (WES) suite, said the company. “This system will be a true testament towards Crocs’ relentless pursuit of customer satisfaction,” stated Robert Humphry, manager of system sales at Bastian Solutions. “The facility design considered Crocs’ strategic business and growth plans over the next decade, and the system includes incredible flexibility that will allow Crocs to adapt to any changes in consumer buying, order profiles, seasonality,…
Found in Robotics News & Content, with a score of 5.58
…automation attractive. In Thailand, Swisslog has deployed a small—500-bin— AutoStore system for TRUE, a mobile network provider, inside of a branding shop in Bangkok. The shop is in a high-end shopping mall, and the system stores and picks goods for customers buying mobile phones or accessories. Swisslog has deployed AutoStore solutions that are smaller than those found in larger DCs. However, they still might hold 12,000 SKUs, or as many as 30,000 SKUs, with some MFCs filling 3,000 customer orders a week. Others are capable of more filling more than 30,000 customer orders per week. Whether general retailers will jump…
Found in Robotics News & Content, with a score of 38.84
…it plans to expand its deployment of robotics from AutoStore Technologies A/S and software from Element Logic. The Danish third-party logistics provider's (3PL) multi-site rollout represents the 600th implementation of AutoStore's technology. “Our latest partnership with DSV is a positive milestone for AutoStore, representing a crucial part of our growth journey,” stated Karl Johan Lier, president and CEO of AutoStore. “They are an excellent partner for us to have on board, as both companies hold the same values of efficiency, innovation, and environmental impact, making our positioning in the market a unified one.” DSV's decision to expand its use of…
Found in Robotics News & Content, with a score of 6.85
…productivity expectations, said Andrew Benzinger, business development manager at AutoStore, a robotic order fulfillment provider. Other strategic drivers like DC network plans and the need for more space can also influence your robotics approach, as can a major shift to more direct-to-consumer e-commerce fulfillment, he said. A combination of factors may be drivers for automation. Once a company identifies what it wants to accomplish, it’s a matter of assessing data such as the order profile, throughput requirements, and available inventory on hand to properly configure a robotics solution. “When we work with a new customer, we first understand why they’re…