Found in Robotics News & Content, with a score of 8.54
…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. With AutoStore and RightPick for inbound receiving and outbound order fulfillment, apo.com's new 220,000-sq.-ft. facility can operate 24/7 and ship €1.5 billion [$1.6 billion U.S.] worth of product a year. We're building a network to support the growth of businesses. They don't have to be an Amazon or a Walmart. What are some of the advantages of automation for smaller companies? Martinelli: In a smaller company, there are fewer layers to sell through. If…
Found in Robotics News & Content, with a score of 52.13
Alert Innovation Inc. yesterday announced that it has signed a definitive agreement to be acquired by Walmart Inc. Alert Innovation has customized its e-grocery automation technology for Walmart's market fulfillment centers, or MFCs, since 2016. “I am proud that Alert Innovation is one of the most innovative and capable automation companies in operation today,” said John Lert, founder and executive chairman of Alert Innovation. “Our mission to improve people’s lives through innovation will now be dedicated to Walmart customers and associates, which is an inspiring undertaking.” Walmart did not specify how much it paid for Alert Innovation. Alphabot and Novastore…
Found in Robotics News & Content, with a score of 37.58
…scale deployments of its grocery automation and micro-fulfillment systems, Alert Innovation Inc. announced a transition in leadership roles. Founder John Lert will become executive chairman, handing the CEO reins to Fritz Morgan, who had been serving as chief operations officer. “I had this transition in mind when I asked Fritz to help me lead Alert,” said Lert. “I recognized during our very first meeting that he has the intellectual capacity, the leadership skills, experience in leading disruptive technology-product companies to scale, and most importantly the alignment with our core values to become my successor in leading the organization.” “Since joining…
Found in Robotics News & Content, with a score of 11.66
…In addition, automated storage and retrieval systems (ASRS) from Alert Innovation can help grocery retailers enhance their return on investment (ROI) by over 50% in comparison with traditional automated picking systems, according to ABI. “We can also expect intelligent automation solutions to influence processes across the supply chain,” Luitel said. “In the future, operators will be venturing further into solutions like robotic process automation (RPA) and mobile warehousing.” These findings are from ABI Research's “Modern Fulfillment Trends: Warehouse Robotics, Handheld Devices and Wearables” technology analysis report. This report is part of the company's Supply Chain Management & Logistics research service,…
Found in Robotics News & Content, with a score of 5.36
…called “market fulfillment centers,” tapping various technology partners, including Alert Innovation, Dematic, and Fabric. Tel Aviv, Israel-based Fabric also runs an automated MFC for Super-pharm, and it recently announced a second MFC project with the drugstore chain and health and beauty retailer. “Hyper-local” is a somewhat broader term centering on the need to position inventory very close to customer concentrations for rapid fulfillment. If the aim of a merchant is to quickly establish fulfillment reach and enable one- or two-day deliveries, that brings in other trends like providers of on-demand warehousing services. Think of the service-level needed as a key…
Found in Robotics News & Content, with a score of 18.17
…the following robotics and AI companies. 6 River Systems Alert Innovation Amazon Robotics Autodyne LLC Cleo Robotics GreenSight iRobot Locus Robotics MORSE Corp NeXtera Robotics Optimus Ride Pison Technology Ras Labs Realtime Robotics ThayerMahan Toyota Research Institute Vecna Robotics Vicarious Surgical Massachusetts technology hub fosters innovation “Talent is the No. 1 reason tech companies locate in Massachusetts, and the inability to source enough skilled workers is the No. 1 constraint to growth in the white-hot robotics and AI space,” stated Tom Hopcroft, CEO of the Massachusetts Technology Leadership Council (MassTLC). “We're excited to partner with MassRobotics to help increase opportunities…
Found in Robotics News & Content, with a score of 16.26
…and Founder, GLOBHE (Global Health) Amy Elliott, Research Scientist, Oak Ridge National Laboratory Rosa Ciprian, Senior Electrical Engineer Lead, Alert Innovation Elena Messina, Group Leader Manipulation & Mobility Systems, NIST Christine Spiten, Co-founder, Blueye Robotics Nicole Renee Williams, Thermoplastic Composite Materials and Process Manager, The Boeing Co. Cynthia Breazeal, Professor and Associate Director, MIT Media Lab Leah Curry, President, Toyota Motor Manufacturing Indiana The Feb. 2021 issue of Smart Manufacturing magazine provides a more extensive article detailing the accomplishments of the women selected in this exceptional group. Read the full article here.