Found in Robotics News & Content, with a score of 0.88
…but that for e-commerce retailers and third-party logistics providers (3PLs). Free, no-hassle returns are a major driver of e-commerce growth, particularly in categories such as apparel, footwear, electronics, and luxury items. They're also considered a differentiator in the customer experience. However, the average cost of an e-commerce return, regardless of the item value, ranges from $20.75 to $45.25, when factoring in the costs of transportation, processing, and markdowns/liquidation to resell. To reduce the impact of these costs, retailers need to focus efforts on increasing the resale of previously purchased goods. All of this cuts into the retailers’ profitability. Automation including…
Found in Robotics News & Content, with a score of 1.07
…for your customers (whether you are a retailer or 3PL), or reduce risk through improved resiliency of your supply chain operations, we talked (or wrote) about it. To help guide the strategic supply chain and fulfillment operation decisions you’re surely making in the coming months (because peak 2022 planning is just around the corner, if not already underway), check out this snapshot of the webinars, research reports, blogs and more that our customers and visitors found most useful over the past year. All Things FLOW Why it made the list: Our third annual users’ conference brought together over 1,300 registrants,…
Found in Robotics News & Content, with a score of 0.72
…robotic automation to optimize reverse-logistics processing, e-commerce retailers and 3PLs [third-party logistics providers] have an opportunity to change the equation for e-commerce returns and turn a negative into a positive,” he added. Click here for a larger version. Consumer convenience poses retailer challenge Consumers expect free, no-hassle returns for their online purchases, noted Bedford, Mass.-based Berkshire Grey. In 2020, U.S. consumers returned 10.6% of total retail sales—or $428 billion in products—and about 5.9% were fraudulent, equating to $25.3 billion in losses, according to the National Retail Federation. By the end of January, consumers will return will return an estimated $120…
Found in Robotics News & Content, with a score of 1.01
…reduction in greenhouse gas emissions. Verity said its automated supply chain technology will meet demand from third-party logistics providers (3PLs), big-box retailers, and manufacturers in Europe and the U.S. Verity Studios has also provided drones for the entertainment industry.
Found in Robotics News & Content, with a score of 1.22
…for a wide variety of sectors, from retail to 3PL [third-party logistics] and manufacturing plants, will be grafted onto local supply chain to improve efficiency and investment returns.” HAIPICK ACR offers supply chain value HAI Robotics claimed that its HAIPICK ACR system, independently developed in 2015, is the first of its kind in the world. The company has acquired more than 600 global patents for core intellectual properties involving positioning, robot control, and warehouse management. The HAIPICK robots include multiple sensors for integrated positioning. They provide control precision of ±3mm (0.11 in.) to allow intelligent picking, transport, auto-navigation, obstacle avoidance,…
Found in Robotics News & Content, with a score of 0.77
…CJ Logistics have collaborated before at the third-party logistics (3PL) provider's facility in Dongtan, South Korea. “We are excited to use smart robots to improve our supply chain operations and increase our competitiveness,” said Kim Khunghoon, managing director of CJ Logistics. “We're pleased to extend our partnership with Geek+ to our Gunpo warehouse after seeing the efficiency and accuracy improvements that Geek+'s technology has delivered in our Dongtan distribution center.” CJ Logistics grows robot fleet Seoul, South Korea-based CJ Logistics said it transports raw materials and products throughout all industrial sectors. They range from automotive manufacturing, shipbuilding, and steel to…
Found in Robotics News & Content, with a score of 0.89
…it serves clients in markets including e-commerce, third-party logistics (3PL), and parcel. The company claimed that it is “the premier single-source provider of material handling solutions for a wide range of industries including manufacturing, distribution, retail, construction, food, electronics, and automotive.” Hy-Tek Material Handling LLC is a combination of Hy-Tek Material Handling, WorldSource, BP Controls, and AHS. Hy-Tek said that it and its industry partners — including manufacturers of industrial equipment, conveyor systems, automated storage and retrieval systems (ASRS), racks, and shelving — have been providing turnkey systems to customers large and small since 1963. Hy-Tek has worked to deploy…
Found in Robotics News & Content, with a score of 0.46
…part of FM Group, a global third-party logistics provider (3PL) in Roissy-en-France. FM Group has a presence in 14 countries on three continents, and its Central European unit operates in Poland, the Czech Republic, Slovakia, and Hungary. FM Logistic invests in innovation FM Logistic CE has 17 logistics platforms, 30 transhipment warehouses, and a fleet of about 2,500 vehicles. The company employs more than 5,500 people and has a total of over 750,000 sq. m (8 million sq. ft.) of warehouse space, creating over 1 million pallet places. The logistics operator offers services related to warehousing, stockpiling, co-manufacturing, and co-packing,…
Found in Robotics News & Content, with a score of 0.59
…Robotics. The company said it has been running more than 300 projects globally in segments including e-commerce, third-party logistics (3PL), apparel, electronics, energy, manufacturing, and medicine. To provide localized service overseas, HAI Robotics has partnered with dozens of global logistics and supply chain leaders, including LG CNS, MHS, Mujin, BPS, Savoye, Invar, and SSI Schaefer.
Found in Robotics News & Content, with a score of 0.21
…our Chucks on multiple warehouse floor levels at a 3PL [third-party logistics provider] site in the U.K. Adjusting to unique challenges like this and adapting to site layouts are efforts that will continue into 2022 to meet the demands for our customers with high-volume needs. Elazary: I'm looking forward to seeing the further maturation of e-commerce unfold. We've created su an amazing process where you can press a button and have a package delivered to your doorstep, and we're only in the beginning stages. It's going to get further refined every year as we apply technology to make it better.…
Found in Robotics News & Content, with a score of 0.14
…funding and more consolidation in this space. Brands and 3PLs [third-party logistics providers] have had to face a perfect storm since the pandemic—fulfill a lot more e-commerce orders with a lot less labor. This created pressures that permanently shifted the landscape, and automation is the only answer for them to keep up. It accelerated both the need for robots and the level of uncertainty they'll face over the next decade. Mobile robots help on both fronts, because they're so much more flexible than traditional fixed automation. All of that will lead to more mobile robotics companies being built, as well…
Found in Robotics News & Content, with a score of 0.56
…midsized cases are used, said HAI Robotics. These include raw materials, small electronics, apparel, medicine, retail, and third-party logistics (3PL) operations that have large number of SKUs and demand high order-fulfillment efficiency in peak hours because of surging e-commerce demands.