Found in Robotics News & Content, with a score of 4.08
…new verticals such as automotive parts, home improvement, and apparel, as well as entering new geographic regions. SoftBank SPAC specifics SVF Investment Corp. 3 (SVFC) is a special-purpose acquisition company (SPAC) sponsored by an affiliate of SoftBank Investment Advisers (SBIA). The transaction values Symbotic at a pro forma enterprise value of $4.8 billion, representing 4.8x Symbotic’s calendar year-end forecast for 2023 estimated revenues, and a pro forma equity value of approximately $5.5 billion. “We believe Symbotic has built an exceptional platform on which to scale, building on the company’s strong revenue, balance sheet, and profitability to thrive as Rick and…
Found in Robotics News & Content, with a score of 4.78
…can also process less-than-case order volumes and can handle apparel, electronics, housewares, packaged food, childcare products, office supplies, medical devices, pharmaceuticals, and other general merchandise items. Berkshire Grey said its system enables enable retailers and e-commerce providers to do the following things: Increase throughput of existing fulfillment operations by up to 2X without adding labor Improve shipment capacity and container cube utilization by up to 10% Integrate order processing with ASRS to maximize the return on investment (ROI) Scale processing in an orchestrated fashion across multiple BG RPS systems Operate with maximum flexibility by combining and coordinating BG RPS processing…
Found in Robotics News & Content, with a score of 7.82
…the needs of specific segments, such as footwear, fashion, apparel, or online grocery. “There are only a few mature companies that offer innovative robotic-driven goods-to-person solutions, but none like Caja, which really focuses on creating top-of-the-line, cloud-based software optimization of order fulfillment—accomplishing high fulfilment rates, with efficient use of resources,” stated Baur. “I am very impressed with how flexible and scalable their solution is, making quick ROI [returns on investment] feasible.” In December 2020, Caja raised $12 million in a Series B round. Since then, the company has deployed numerous robots worldwide, including for Bergen Logistics, which manages the online…
Found in Robotics News & Content, with a score of 5.02
…unique products, ranging from cosmetics and consumer electronics to apparel, from daily essentials to holiday gift favorites. “Our robots use a variety of different grippers and supervised autonomy to reliably handle nearly any object or product that fits into a bin,” said Kalouche. “Our AI learns what grippers work best on different objects and automatically switches its gripper to properly pick, pack, and handle each object.” “Our technology has been proven to be reliable to 99.9% accuracy in production, but what’s often the most impressive and exciting product feature, in the eyes of our customers, is the way in which…
Found in Robotics News & Content, with a score of 12.34
…accelerate the adoption of robotics automation in retail, e-commerce, apparel, and other key industries. “As logistics is becoming one of the main challenges for enhanced competitiveness and cost control, we see many looking to automated solutions for the flexibility needed to grow and compete,” said lvin Yap, sales director for Southeast Asia and India at Geek+. “AMRs [autonomous mobile robots] are at the core of Logistics 4.0. With full team support in Singapore, we will provide the most effective solutions that enable affordable, efficient, and safe logistics processes in warehousing and manufacturing.” Founded in 2015, Geek+ said that it has…
Found in Robotics News & Content, with a score of 6.88
…525 stores across the U.S. Bradenton, Fla.-based Bealls sells apparel, footwear, accessories, and home merchandise and is working to grow its core business while facing the same labor challenges as the rest of the retail ecosystem. Berkshire Grey said its robots will help pick, sort, and pack over 55 million units annually. This will enable Bealls' existing workforce to speed up replenishment and not only meet, but also exceed heightened customer expectations, said the company. “By implementing Berkshire Grey’s AI-enabled robotic solutions, we can better support our stores with quicker inventory shipments that drive sales, while at the same time…
Found in Robotics News & Content, with a score of 6.24
…HAIPICK has been implemented in e-commerce, third-party logistics (3PL), apparel, electronics, energy, manufacturing, medicine, and other industries, with over 300 live projects worldwide. Some notable overseas customers include DHL Supply Chain, Phillips, Booktopia, GE, and HP. Also at CeMAT Asia, HAI Robotics announced its HAIPORT system, an automatic case-loading port that loads and unloads cases simultaneously. Invar widens reach of warehouse automation Invar also has an extensive network of global customers and has been recognized for its WMS and automation integration capabilities. “These are exciting times; robotics has transformed automation in the warehouse,” said Craig Whitehouse, managing director of Invar…
Found in Robotics News & Content, with a score of 10.96
…used for makeup, for a variety of industries including apparel, footwear, beauty, and general merchandise. Increase customer order sortation throughput by up to 300% with its high-capacity put wall. Integrate with existing fulfillment processes with no disruption to ongoing operations. Provide sort locations for up to 240 orders to be processed at the same time in a single robotic put wall, as opposed to the industry average of 80 orders for a manual put wall. Improve upstream batch inventory pick rates by up to 33%. Deliver best-in-class reliability while performing millions of picks in production. Support the needs of 24/7…
Found in Robotics News & Content, with a score of 6.83
…worker efficiency by three to four times. Shoe and apparel companies were the first to use the HAIPICK system, said HAI Robotics. The company has been running more than 200 projects around the globe, with more than 2,000 ACR robots deployed, accounting for 90% share in the ACR robot market. It said it has partnered with dozens of global logistics and supply chain leaders. HAI Robotics said it is competitive in project cost, technology, and customization capability. It said serving the demands of the Chinese market helped it mature, and the company recently deployed its first robots in Australia. HAI…
Found in Robotics News & Content, with a score of 6.78
…PAL Robotics. “Our StockBot solution has been used in apparel, supermarkets, and distribution centers around the world, from Europe and Asia, to Oceania,” he said. “For us, it’s very important to work together with retailers to help them develop and update their processes so they can then focus on other benefits.” Pal Robotics develops service robots Many retailers are still lacking the tools to provide the best possible service and experience to their customers, claimed PAL Robotics. In addition, management is not always aware of the complete picture in order to be able to implement changes and improvements to in-store…
Found in Robotics News & Content, with a score of 22.06
…application of KNAPP's technology for automated pocket induction for apparel logistics. “As a leader in logistics innovation, we’re constantly exploring automation that can transform distribution and order fulfilment processes,” stated Sandeep Sakharkar, chief information officer at GXO. “The successful launch of the Tilburg pilot has allowed us to ensure that our customers get the greatest benefit and value from this technology.” GXO Logistics claimed to be “the world’s largest pure-play contract logistics provider” with a total of 208 million sq. ft. of warehouse space. Despite its market leadership, the company said it holds only 5% of the fast-growing $130 billion…
Found in Robotics News & Content, with a score of 7.33
…include luxury department store Nordstrom and other retailers across apparel, food and beverage, and home goods. Attabotics said it supplies fulfillment centers across the U.S. and Canada. Nordstrom uses systems from Attabotics and Tompkins Robotics to handle storage and sortation with 90% less floor space. Source: Nordstrom Urbx offers dual-robot combinations Urbx said its systems can serve e-commerce, grocery, and manufacturing customers. The Boston-based company said its Urbx Market is “the world's first automated store.” The Urbx Cube is an ASRS using more than 124 GridBots and 88 TowerBots that can be more than 100 ft. high and have “unlimited…