Found in Robotics News & Content, with a score of 0.39
September 17, 2021
…to use a patchwork of disconnected third-party logistics providers (3PLs), creating an inflexible, expensive, and opaque logistics network that slows innovation and time to market, the company said. The result is slower shipments, higher prices, and unhappy customers. The pandemic exacerbated this problem, as e-commerce boomed, further straining supply chains, noted Stord. Global e-commerce is set to surpass $5 trillion in 2021, while B2B online commerce is expected to reach $20.9 trillion by 2027. In addition, the warehousing market is projected to hit $627 billion by 2025, the supply chain software industry is expected to hit $37 billion by 2027,…
Found in Robotics News & Content, with a score of 0.52
September 14, 2021
…that its technology can help retailers, third-party logistics providers (3PLs), and specialty warehouses efficiently meet or exceed the increasingly complex demands of fulfillment environments. In addition, the company said its robots can easily integrate into existing warehouse infrastructures without disrupting workflows. This year, Locus Robotics marked a half-billion units picked and made the list of Inc. 500, ranking No. 428. “We've almost doubled in size in the past year,” said Kary Zate, senior director of marketing communications at Locus. “Our customer base has also grown in the past two years.” “Among the things that make Locus different are the labor…
Found in Robotics News & Content, with a score of 0.51
September 13, 2021
…to boost warehouse agility and productivity for third-party logistics (3PL), e-commerce, distribution, and manufacturing companies. The Nanterre, France-based company said its system can help accelerate order picking and absorb peaks in activity while improving working conditions and staggering investment. Scallog’s said its goods-to-person robots include decision-making and execution software to increase order-picking flexibility and enable warehouse operators to integrate automation more widely. The company claimed that it has more than 30 clients and that it is aiming to boost its growth internationally. Smart Technics to integrate robots Newpharma said it is Belgium's largest online pharmacy, serving 1 million customers in…
Found in Robotics News & Content, with a score of 0.31
September 04, 2021
…contract logistics will continue to grow, said Sakharkar. “Most 3PLs [third-party logistics providers] are looking at their networks at the node level, the network level, and the warehouse level,” he said. “Outsourcing to companies like GXO has huge tailwinds, given the volatility in industry and unabated growth of e-commerce during the pandemic.” “If you look at the broader $130 billion industry for contract logistics, we're No. 2 at 5%—it's very fragmented,” Sakharkar said. “We have a broad customer base, including consumer packaged goods, food and beverage, and aviation. Retail and e-commerce are the fastest-growing, accounting for 40% of our revenue.”…
Found in Robotics News & Content, with a score of 0.62
September 02, 2021
…picking systems. The company said retailers, third-party logistics providers (3PLs), and specialty warehouses can easily integrate LocusBots without disrupting workflows. Körber and Locus said they implemented the mobile robots and software at evo in just 53 days. This allowed the company to be ready to meet and exceed growing order volumes with zero downtime or disruption. The project started with 10 robots that move independently through the warehouse, supporting pickers by eliminating unproductive walking time and physical labor. In addition, Locus said its visual imaging of the products to be picked helped accelerate pick rates. To support peak season, evo…
Found in Robotics News & Content, with a score of 1.37
August 24, 2021
…systems. The system can help retailers, third-party logistics companies (3PLs), and specialty warehouses efficiently meet and exceed the increasingly complex demands of fulfillment, said the company. In addition, both existing and new warehouses can easily integrate LocusBots without disrupting workflows, claimed Locus. LocusBots travel 3M miles to pick varied items The 500 millionth pick was made at a VF Corp. fulfillment center in Prague, and the item picked was a pair of Vans Old Skool Shoes, according to Locus Robotics. The company noted that its LocusBots have now traveled more than 3 million miles in customers' warehouses, the equivalent of…
Found in Robotics News & Content, with a score of 0.82
August 24, 2021
…world’s top retailers, systems integrators, and third-party logistics providers (3PLs). OSARO to scale up Octave Ventures led OSARO's Series C round, which brings its total funding to date to $67.5 million. Octave Ventures is a global investor with a particular focus on “deep tech” and biotech investments. New investors include Octave Ventures, J17 Capital, and Tomales Bay Capital. Existing investors AME Cloud Ventures, iRobot Corporation, King River Capital, and Founders Fund also participated. In April, the company raised $17.3 million and announced integrated products. “We are excited to help OSARO scale their business as they continue to widen their geographic…
Found in Robotics News & Content, with a score of 1.45
August 14, 2021
…their operations, helping workers handle the increased workload. “Forward-thinking 3PLs [third-party logistics providers] and retailers are making moves now to digitize their operations and prepare for possibly their best peak season yet,” said Currin McCarty, enterprise sales executive for the 3PL segment at Locus Robotics. Industry professionals are expecting consumer demand to be higher than last year. Traditionally, warehouses have adapted to seasonal demand by hiring temporary workers, but that’s becoming increasingly challenging. Job openings in the sector are nearing a 20-year high, as many facilities struggle to find enough employees to keep up with demand. Automation lets them do…
Found in Robotics News & Content, with a score of 0.69
August 12, 2021
…said Jessica Moran, senior vice president of parcels and 3PL (third-party logistics) businesses at Berkshire Grey. “More importantly, our system is uniquely able to address a core challenge in the traditional package-sortation process: requiring package labels to be manually adjusted so they can be scanned properly,” she said. “With our patented HyperScanner optical identification modules, barcodes can be read from any angle in milliseconds — all without manual intervention.” FedEx Ground relies on automation to meet demand Pittsburgh-based FedEx Ground has more than 180,000 team members, 642 distribution hubs and local pickup-and-delivery stations, and 95,000 motorized vehicles operated by 5,400…
Found in Robotics News & Content, with a score of 1.28
August 06, 2021
…two facilities, it came to their attention that the 3PL planned to deploy a fleet of autonomous mobile robots (AMRs) from Locus Robotics on both the floor and elevated platform levels of the two new structures. Collaborative AMRs like those from Locus Robotics are engineered to be nimble and handle payloads quickly. They safely navigate around both people and obstacles while accomplishing a variety of transportation tasks. AMRs are increasingly being deployed within warehouses, distribution centers, and order fulfillment operations to help workers be more productive. Jeffrey Cody, Director at Locus Robotics, explains: “Each robot is equipped with scanners and…
Found in Robotics News & Content, with a score of 2.18
August 06, 2021
…volumes continue to grow, retailers and third-party logistics providers (3PLs) are competing on faster fulfilment, last mile delivery and stock visibility. A key differentiator in this highly competitive environment is the ability to make quick decisions not only cope with but also capitalise on the rising volumes. Learning from the leaders: Catch Group's transformation One of the best examples of business transformation in Australia is Catch Group, one of the nation’s largest e-commerce marketplaces. In a move that saw it shake up its supply chain strategy, the leading retailer partnered with Körber to deploy more than 100 autonomous mobile robots…
Found in Robotics News & Content, with a score of 0.62
August 06, 2021
…are now in active conversations with the top 20 3PLs [third-party logistics providers] and retailers in the industry. There is a real need for our technology and we are eager to meet that need.” Third Wave initially focuses on forklifts Third Wave said it has taken a unique approach to industrial automation with artificial intelligence, computer vision, and robotics for “adaptive automation.” Founded in 2018, the company recently partnered Toyota Industries Corp. for human-in-the-loop systems. Third Wave said it is first focusing on the forklift, the workhorse of the $100 billion global supply chain industry. Analysts have predicted that it…
