Found in Robotics News & Content, with a score of 3.93
November 23, 2020
I live in a state whose motto is “Live Free or Die.” If the third-party logistics (3PL) industry had a motto these days, it might be “Innovate or Die.” “At NFI, we have followed the guidance ‘if you’re not growing, you’re dying,’” says Sid Brown, CEO. “Throughout each generation since our founding in 1932, we have been strategic and creative in how we grew. Today, innovation is essential in how we grow and enhance the value we bring to customers.” That is especially true of the e-fulfillment side of the industry, where shippers are counting on 3PLs to compete with…
Found in Robotics News & Content, with a score of 3.90
October 22, 2022
The next packaging solution that comes into your DC may look less like a traditional automated pack out line and more like a robotic work cell in manufacturing. Not that packaging with robots is an entirely new frontier—they are often used to package goods coming off manufacturing lines. The difference today is that robots are edging further into e-commerce pack-out, where rather than dealing with one SKU, the robot needs the intelligence to handle thousands of SKUs that may come its way. What’s more, the leveraging of intelligent robotics for e-commerce packaging isn’t futuristic, it’s actually being done. Companies like…
Found in Robotics News & Content, with a score of 3.89
May 04, 2021
JASCI LLC, which provides warehouse management software as a service, today announced that it has acquired NextShift Robotics, which makes autonomous mobile robots. Lowell, Mass.-based NextShift will operate as JASCI Robotics and said it will focus on warehousing and logistics. A purchase price was not disclosed. Scarcity of warehouse labor and the massive growth of e-commerce are driving interest in automation, said Elmsford, N.Y.-based JASCI. By 2025, as many as 4 million robots could be deployed in more than 50,000 warehouses to meet market demands, according to ABI Research. Over 50% of warehouses will have invested in robotics by 2025…
Found in Robotics News & Content, with a score of 3.88
May 01, 2016
Quiet Logistics; Devens, Mass. Size: 500,000 square feet in 2 DCs Products: Premium branded fashion and apparel Throughput: 55,000 units per day SKUs: 150,000 Employees: 350 Shifts per day/days per week: The facilities operate 24 hours a day, 6 days per week, using 3 staggered shifts per day In one of its two distribution centers in Devens, Mass., Quiet Logistics is launching a mobile robotics solution to enable zone picking for e-fulfillment. At present, the solution is up and running for one zone but will soon be expanded across the 200,000-square-foot facility. Receiving: Most items arrive at the facility on…
Found in Robotics News & Content, with a score of 3.88
June 26, 2019
Private equity firm Thomas H. Lee Partners, L.P. announced on Tuesday, June 25, 2019, that it had a definitive agreement to acquire AutoStore, a Norwegian-based provider of robotics and software order fulfillment solutions to warehouses and distribution centers around the world. This marks at least third investment by THL in the supply chain and materials handling space in recent years. In 2017, THL acquired MHS, a Louisville-based provider of parcel handling systems. More recently, in March 2019, the firm announced an investment in Fortna, a supply chain consulting and design firm. Members of AutoStore’s senior management and equity teams, among…
Found in Robotics News & Content, with a score of 3.87
April 10, 2017
Automation and robotics is already changing the US workplace, and by 2027, we could be looking at dramatically different numbers each month when the Bureau of Labor Statistics releases its non-farm payroll data. Forrester predicts 10 million jobs will be lost as a direct result of the robotic revolution. While the shift will come with a new wave of hiring (it estimates 15 million), automation and robotics will eliminate 25 million. Put another way: one new job will be created for every 15 lost. So how might the NFP jobs report look years from now? Take the number of retail…
Found in Robotics News & Content, with a score of 3.86
June 11, 2021
Drone Express yesterday said that it has partnered with FarEye to provide autonomous drone deliveries for retailers in the U.S. East Hanover, N.J.-based Drone Express is a division of TELEGRID Technologies Inc. and provides commercial drone delivery services. Chicago-based FarEye said it offers “intelligent delivery orchestration solutions.” “The time has come for drone deliveries to become the new reality,” stated Gaurav Srivastava, co-founder of FarEye. “Retailers are facing new pressures due to the delivery boom and consumer demand and are showing interest in innovative delivery solutions like autonomous drones.” “Customers are used to Amazon Prime-like experiences, where they can schedule…
Found in Robotics News & Content, with a score of 3.85
July 24, 2024
Tompkins Robotics announced the launch of its tSortPost, the company’s newest Autonomous Mobile Robot (AMR) for parcel sortation. The robot underwent rigorous rounds of development and testing, according to the company, and serves as the newest member of the tSort product family. Tompkins hopes that it will offer its clients more options in accomplishing their dynamic and comprehensive requirements for parcel sortation. What tSortPost means for the sortation industry Tompkins said that as flexible and mobile as its current tSort offerings are, the company wanted to provide a product that utilizes even less infrastructure with an even quicker deployment for…
Found in Robotics News & Content, with a score of 3.85
March 14, 2019
Is Amazon In-Sourcing or Creating a New Service? You Already Know Amazon didn’t get to where it is today (hitting a market cap of $1 trillion in Sept. 2018) by resting on its laurels. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon understands the value and importance of innovation, and it’s size and service portfolio variety means that it looks at problems differently than other large companies. It’s that perspective that allows Amazon to enter new…
Found in Robotics News & Content, with a score of 3.85
December 31, 2021
From path planning to object recognition, artificial intelligence is essential to improving robotic piece picking, particularly in manufacturing and e-commerce. “The number of AI applications and providers using AI in robotic picking solutions continues to increase,” said Thomas Evans, chief technology officer at Honeywell Robotics. “In the past year, we’ve seen an increase in the demand for automation, particularly around robots that use machine learning [ML] and artificial intelligence.” “Quantifying the impact and improvements can most easily be estimated by the efficiencies and increased scope of robotics in autonomous pick-and-place tasks,” he added. “The improvements most readily tied to increasing…
Found in Robotics News & Content, with a score of 3.84
August 05, 2022
In an-all cash transaction of $61 per share, Amazon.com Inc. recently announced that it plans to acquire consumer robotics company iRobot Corp. in a deal valued at $1.7 billion. “We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, senior vice president of Amazon Devices, in a statement. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive—from cleaning when and where customers want while avoiding common obstacles in the home, to automatically…
Found in Robotics News & Content, with a score of 3.83
September 07, 2022
Addverb Technologies Pvt., which provides distribution center and warehouse automation, today announced the opening of a new Center of Excellence for Advanced Robotics Research and Development in Fremont, Calif. The Silicon Valley center will focus on developing platforms for mobile robots, as well as advanced algorithms for human-machine collaboration and biomedical robotics. Overseeing the center's operation is Tapan Pattnayak, whom Addverb named director of system architecture in April 2022. Pattnayak brings product development experience from Google, NVIDIA, and Intel to build an R&D team in the Bay Area under the leadership of Mark Messina, CEO of Addverb Technologies USA Inc.…
