Found in Robotics News & Content, with a score of 0.39
…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 0.39
…stayed steady, even after last year’s increased indications around 3PL services. Spending on some traditional equipment categories such as lift trucks and dock equipment stayed steady or grew, while several information systems (IS) categories saw declines. The answers related to robotics were less bullish than last year, but still, 9% said they currently use robotics, and 19% will consider them during the next 24 months. Respondents projected a growing need to automate the measuring of cycle time performance. Respondents also foresee the need for more automation in the way they gauge issues such as on-time shipping and dock-to-stock cycle time.…
Found in Robotics News & Content, with a score of 0.38
…offices in Amsterdam and Singapore. Retailers, third-party logistics providers (3PLs), and specialty warehouses can use Locus' robots to meet and exceed increasingly complex and demanding fulfillment requirements, said the company. It claimed that its systems easily integrate into new and existing warehouse infrastrutures without disrupting workflows. Software, LocusBots optimize operations “By 2026, 75% of large enterprises in product-centric businesses will have adopted some form of intralogistics robots in their warehouse operations,” said Dwight Klappich, an analyst at Gartner Inc. “The lower price of entry and faster time to value of robotics opens the market to more companies that can justify…
Found in Robotics News & Content, with a score of 0.38
…its technology can help brands, retailers, third-party logistics providers (3PLs), and speciality warehouses meet increasingly complex fulfillment demands. “We want to understand prospective customers' challenges,” Dekin told Robotics 24/7. “Sure, it's about the availability and cost of labor, but ultimately, most customers are challenged with getting product into the hands of their end customers. Throughput and capacity are a huge part of the conversation.” In addition, Locus said existing warehouses can easily integrate its LocusBots into their infrastructures without disrupting workflows. Robotics 24/7 noted that the company was among the 10 mobile robot providers to watch this year. “Our advantage…
Found in Robotics News & Content, with a score of 0.38
…and to service the North American market and worldwide.” “3PLs [third-party logistics providers] want our system the most to account for flexibility—their warehouses change more than those of retailers,” he said. “If there's a three- to four-year ROI, they cant buy in. We keep the install lightweight without requiring IT to manage another installation.” TICO and Third Wave Automation will be piloting with common customers later this year and plan to bring their joint offering to market next year, said Poursohi. Third Wave keeps growing Third Wave is backed by $19 million in venture capital from leading investors including Eclipse,…
Found in Robotics News & Content, with a score of 0.38
…starting operations in North America, Exotec has signed 16 new partnerships with organizations across retail, e-commerce, and third-party logistics (3PL). “Our rapid growth in the North American market demonstrates a strong demand for scalable and high-performance warehousing robotics,” said Moulin. “We are proud to make Atlanta the home of our North American ambitions, and we are already seeing a great response from the local market.” To date, Exotec employs around 50 professionals in Atlanta, and it aims to double its North American headcount by 2025.
Found in Robotics News & Content, with a score of 0.38
…operations. Locus claimed that it empowers shorthanded third-party logistics (3PL), retail, healthcare, and manufacturing businesses to optimize productivity, reduce costs, and stay competitive in the rapidly evolving e-commerce landscape. Faulk spoke with Robotics 24/7 about Locus Robotics' new headquarters and its strategy for the future. Locus prepares to make its move What made you decide to build a new headquarters? Faulk: We're currently in five different buildings in the Boston area, which led to inefficiencies. By centralizing operations, we can improve communications and foster a stronger corporate culture. Rick Faulk, CEO, Locus Robotics Secondly, we wanted to have a place…
Found in Robotics News & Content, with a score of 0.37
…drones,” said Sarawgi. “We're building everything in-house, and our goal is to deploy an inventory ecosystem. We've worked with 3PLs [third-party logistics providers], big retailers, and suppliers. If you have a barcode, we can scan it.”
Found in Robotics News & Content, with a score of 0.37
…optimize supply chains, serving manufacturers, distributors, third-party logistics providers (3PLs), and omnichannel retailers. The company, which has offices in Carmel, Ind., and Chicago, also provides consulting and managed services. At ProMat 2023, enVista executives explained their roadmap for helping customers integrate robotics. Last month, MHI accepted the company into its SLAM Industry Group. (In this case, SLAM refers to “scan, label, apply, and manifest,” not simultaneous localization and mapping.) “The last 100 feet of the warehouse are critical for efficient operations, high throughput, and customer satisfaction,” stated enVista. Robotics 24/7 recently spoke with Dennis Andre, director of enVista, and Tom…
Found in Robotics News & Content, with a score of 0.37
…and processes that promote efficiency, productivity, and savings. Fortunately, 3PLs, including Cerasis, have spent years developing new capabilities within SaaS platforms to offer a bigger, better, and more effective way to approach logistics management. Ironically, that fact alone is part of the reason why outsourcing is now the go-to best practice for freight management. Related Article: Top Six Supply Chain Technology Trends for 2020 Related Papers 2020 Strategic Freight Management Trends In this educational and informative white paper, you will learn about the top freight, logistics, and supply chain trends affecting the industry and how they will shape the year…
Found in Robotics News & Content, with a score of 0.37
…season, the better for gross margins.” The third-party logistics (3PL) market is competitive and fragmented, but Shelton said automation gives GXO a “head start” in serving major e-commerce customers. This includes non-retail industries including aerospace and electronics manufacturing, and even telecommunications providers such as BT Group that need to deploy fiber in the right place, he said. “I was at an e-commerce site in Europe that was using cobots for the first time on the mezzanine floor,” recalled Shelton. “Since we took over at that facility, the setup drove 45% improvement in next-day delivery of products, and it processed returns…
Found in Robotics News & Content, with a score of 0.36
…ends up running them will be a mix. Big 3PLs [third-party logistics providers] will run their own. Some will try to build their own software, and we'll see a lot of cloud-based services. Everybody used to have their own data centers, but that's now out on the cloud.” Simulation to reality “We want to enable operations like sending a Fetch robot to a human,” said Meili's von der Burg. “We try to simulate the same behavior with integration to autonomous task allocation, but we don't yet limit to a specific robot type. We could create the same simulation for robot-to-human…