Found in Robotics News & Content, with a score of 2.56
It’s no secret that the pandemic caused and accelerated significant challenges and changes across global supply chains. Simultaneously, consumers embraced e-commerce with a vigor that surprised even its most optimistic proponents. Next-day delivery, made omnipresent by leaders such as Amazon, grew to include same-day delivery in many markets. Consumers also showed an eagerness to capitalize on the convenience e-commerce offers in new sectors. The U.S. Department of Commerce’s latest survey estimates that e-commerce accounted for 14.5% of all retail sales in the fourth quarter of 2021 and that online purchases were $870.8 billion for the year, a 14.2% increase over…
Found in Robotics News & Content, with a score of 6.47
Robots for loading and unloading trucks are still emerging, and they are getting smarter. GreyOrange Inc. and Technica International this week announced a new partnership to combine Technica's iTLS technology with GreyOrange's GreyMatter fulfillment orchestration platform. The companies claimed that the combination of Technica's innovative truck loading and unloading system and the GreyMatter robot-agnostic platform will improve dock efficiency and speed. They added that their integrated offering can improve efficiency and safety, as well as enable scarce workers to focus on higher-value tasks. “Due to increasing needs for delivering goods from warehouses to retailers, introducing this new technology with the…
Found in Robotics News & Content, with a score of 53.96
…and retrieval systems (ASRS) for the grocery industry, it remains to be seen how its acquisition will affect the micro-fulfillment market. The global market for micro-fulfillment centers could be worth about $36 billion by 2030, according to Research and Markets.
Found in Robotics News & Content, with a score of 7.30
Supply chain challenges, the COVID-19 pandemic, and competitive market pressures have led several robotics companies to re-examine their finances, even if they are profitable. Supply chain automation provider Berkshire Grey Inc. yesterday announced tht it has entered into a purchase and registration rights agreement for up to $75 million with Lincoln Park Capital Fund LLC. “We are pleased to enter into this agreement with Lincoln Park and expect to use the proceeds, as available, for general corporate purposes, which may include investments and strategic transactions,” said Tom Wagner, CEO of Berkshire Grey. “This transaction provides us with additional financial flexibility…
Found in Robotics News & Content, with a score of 7.54
Part of the challenge of scaling automation to multiple logistics facilities is making sure that software, robots, and people work together smoothly. inVia Robotics today announced that ShipHero has chosen its warehouse execution system and mobile robots for fulfillment centers in Allentown, Pa., and Las Vegas. The companies had already automated picking and replenishment in ShipHero's location in Jacksonville, Fla. “Partnering with inVia Robotics in our Jacksonville facility has given us a competitive advantage that benefits our clients,” stated Aaron Rubin, founder and CEO of ShipHero. “It also allows us to adjust and enhance our warehouse team's ability to work…
Found in Robotics News & Content, with a score of 1.77
BOSTON—At MassRobotics’ fifth annual Robot Block Party this weekend, the public had an opportunity to see and touch many of the robots developed and built in Massachusetts. The event was part of RoboBoston, which included a career fair last Friday. Approximately 5,000 people attended the Robot Block Party, according to Joyce Sidopoulos, co-founder and chief of operations at MassRobotics. Over 760 people registered for the Robotics and AI Technical Career Fair—even more than expected, she added. The Robot Block Party drew families from Boston’s growing Seaport District and beyond. “We’re just grateful to all our partners, and we hope the…
Found in Robotics News & Content, with a score of 4.11
Dexterity Inc. today announced a strategic partnership with Sumitomo Corp. to deploy 1,500 Dexterity-powered robots in warehouses across Japan by 2026. Prior to this agreement, Sumitomo invested in Dexterity through Presidio Ventures Inc., its U.S.-based corporate venture capital arm. “The full-task robots we have deployed have only increased demand for flexible automation that can operate in existing workflows and infrastructure,” stated Samir Menon, CEO of Dexterity. “Partnering with Sumitomo will accelerate Dexterity’s customers in getting FTE [full-time equivalent] robot systems up and running in their facilities.” Redwood City, Calif.-based Dexterity offers robots for logistics, warehouse, and supply chain customers. The…
Found in Robotics News & Content, with a score of 5.95
With the holiday rush upon us, both brick-and-mortar and online retailers are already looking ahead to next year. In addition, business-to-business supply chains can also benefit from digitization and robotics. In this free webcast, the panelists will discuss the key considerations in adopting or adding hardware and software automation to existing operations. They include physical space constraints, the types of inventory, and the variability of throughput and returns. Date: Wednesday, Nov. 2, 2022 Time: 2:00 p.m. EDT Careful selection of enabling technologies, process understanding, and agile change management are essential to successful deployments for retailers big and small. The expert…
Found in Robotics News & Content, with a score of 9.90
Locus Robotics Corp. yesterday announced that it has expanded its partnership with DHL Supply Chain. The companies will deploy Locus mobile robots at DHL's facilities in Canal Winchester and Lockbourne, Ohio, to support high-volume order fulfillment for global clothing retailer, Carhartt, a DHL customer. “Implementing Locus has quickly proven to be an ideal choice to deliver high productivity, letting us fulfill orders at a record pace,” stated Tony Gariety, vice president for distribution operations at Carhartt. “Locus' ease of use and fast training has also helped us with recruiting and retaining employees and seasonal workers. So, all the way around,…
Found in Robotics News & Content, with a score of 6.39
The need for more efficient fulfillment is global, but there are multiple ways to serve that need. OPLOG Inc. today announced €11 million ($10.57 million U.S.) in pre-Series A funding. The company said it plans to continue its expansion in Europe with its first fulfillment center in the U.K. and invest in research and development through its TARQAN robotics division. OPLOG said it enables e-commerce brands to operate in various markets without physical boundaries through its international network. The Istanbul-based company provides the ability to track all the inventory and operational processes in its fulfilment centers. OPLOG founder focuses on…
Found in Robotics News & Content, with a score of 6.55
6 River Systems LLC today announced new features intended to enhance productivity and flexibility for warehouse operators. The new features are integrated with the company's software-as-a-service Fulfillment Execution System and its Chuck autonomous mobile robot, or AMR. 6 River Systems claimed that they position it “as the most configurable warehouse automation solution provider on the market.” E-commerce sales will continue to grow by double digits in 2023, according to Insider Intelligence. Forrester predicts that business-to-business (B2B) e-commerce sales will account for 24% of total B2B sales by 2027. As a result of this growth, warehouse operators across market segments are…
Found in Robotics News & Content, with a score of 37.15
…and the United States. More companies are turning to micro fulfillment operations, says Addverb In response to increasing customer demand, e-commerce companies are increasingly turning to micro fulfillment operations to speed up the operations process, Addverb has argued. By working with warehouse integrators like ABCO, Adverb said it helping companies “maximize their storage capacity and increase pick speeds without comprising accuracy.” “We are thrilled to announce our partnership with Addverb,” said Seth Weisberg, CEO of ABCO Systems. “The partnership between ABCO and Addverb embodies the strategic growth of the industry of logistics and distribution through automation, and we look forward…