Found in Robotics News & Content, with a score of 15.13
January 14, 2022
Ariat International Inc., a leading footwear and apparel brand for equestrian sports, outdoor activities, and industrial work, wanted to increase throughput and maximize capacity in its central warehouse. It chose Körber Business Area Supply Chain to implement software and robots from Geekplus Technology Co. As a result, Ariat said it can shift staffers from strenuous tasks to work requiring more skill. Founded in 1993, Ariat said it has “reimagined” the boot for modern riders, ranchers, and workers. The Union City, Calif.-based retailer takes its name from famous racehorse Secretariat, and it claimed that it is now one of the top…
Found in Robotics News & Content, with a score of 10.29
January 12, 2022
…have been a driver for e-commerce growth, particularly in apparel, footwear, electronics, and luxury items, said Berkshire Grey. However, the average cost of such a return, regardless of item, ranges from $20.75 to $45.25 when factoring in the costs of transportation, processing, and markdowns or liquidation to resell, the company said. “We were alerted to this when customers talked about problems for e-commerce,” said Kishore Boyalakuntla, vice president of product at Berkshire Grey. “Twenty to 30% of all things people order are returned in late December or early January.” “From a retailer standpoint, they spend a lot on advertising, and…
Found in Robotics News & Content, with a score of 8.17
January 10, 2022
…a full team there to support the logistics upgrades facilitated by robotics and AI in the retail, e-commerce, and apparel sectors.” Geek+ said its Seoul office is led by Stephen Kim and includes a full team of commercial, project, and service engineers. The company said the new office will strenghten its service capabilities in the APAC region.
Found in Robotics News & Content, with a score of 6.52
December 28, 2021
…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 6.46
December 15, 2021
…storage scenarios in which small and 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.
Found in Robotics News & Content, with a score of 4.07
December 13, 2021
…new verticals such as automotive parts, home improvement, and apparel, as well as entering new geographic regions. SoftBank SPAC specifics SVF Investment Corp. 3 (SVFC) is a special-purpose acquisition company (SPAC) sponsored by an affiliate of SoftBank Investment Advisers (SBIA). The transaction values Symbotic at a pro forma enterprise value of $4.8 billion, representing 4.8x Symbotic’s calendar year-end forecast for 2023 estimated revenues, and a pro forma equity value of approximately $5.5 billion. “We believe Symbotic has built an exceptional platform on which to scale, building on the company’s strong revenue, balance sheet, and profitability to thrive as Rick and…
Found in Robotics News & Content, with a score of 4.78
December 08, 2021
…can also process less-than-case order volumes and can handle apparel, electronics, housewares, packaged food, childcare products, office supplies, medical devices, pharmaceuticals, and other general merchandise items. Berkshire Grey said its system enables enable retailers and e-commerce providers to do the following things: Increase throughput of existing fulfillment operations by up to 2X without adding labor Improve shipment capacity and container cube utilization by up to 10% Integrate order processing with ASRS to maximize the return on investment (ROI) Scale processing in an orchestrated fashion across multiple BG RPS systems Operate with maximum flexibility by combining and coordinating BG RPS processing…
Found in Robotics News & Content, with a score of 7.81
December 01, 2021
…the needs of specific segments, such as footwear, fashion, apparel, or online grocery. “There are only a few mature companies that offer innovative robotic-driven goods-to-person solutions, but none like Caja, which really focuses on creating top-of-the-line, cloud-based software optimization of order fulfillment—accomplishing high fulfilment rates, with efficient use of resources,” stated Baur. “I am very impressed with how flexible and scalable their solution is, making quick ROI [returns on investment] feasible.” In December 2020, Caja raised $12 million in a Series B round. Since then, the company has deployed numerous robots worldwide, including for Bergen Logistics, which manages the online…
Found in Robotics News & Content, with a score of 5.01
November 25, 2021
…unique products, ranging from cosmetics and consumer electronics to apparel, from daily essentials to holiday gift favorites. “Our robots use a variety of different grippers and supervised autonomy to reliably handle nearly any object or product that fits into a bin,” said Kalouche. “Our AI learns what grippers work best on different objects and automatically switches its gripper to properly pick, pack, and handle each object.” “Our technology has been proven to be reliable to 99.9% accuracy in production, but what’s often the most impressive and exciting product feature, in the eyes of our customers, is the way in which…
Found in Robotics News & Content, with a score of 12.32
November 15, 2021
…accelerate the adoption of robotics automation in retail, e-commerce, apparel, and other key industries. “As logistics is becoming one of the main challenges for enhanced competitiveness and cost control, we see many looking to automated solutions for the flexibility needed to grow and compete,” said lvin Yap, sales director for Southeast Asia and India at Geek+. “AMRs [autonomous mobile robots] are at the core of Logistics 4.0. With full team support in Singapore, we will provide the most effective solutions that enable affordable, efficient, and safe logistics processes in warehousing and manufacturing.” Founded in 2015, Geek+ said that it has…
Found in Robotics News & Content, with a score of 6.87
November 11, 2021
…525 stores across the U.S. Bradenton, Fla.-based Bealls sells apparel, footwear, accessories, and home merchandise and is working to grow its core business while facing the same labor challenges as the rest of the retail ecosystem. Berkshire Grey said its robots will help pick, sort, and pack over 55 million units annually. This will enable Bealls' existing workforce to speed up replenishment and not only meet, but also exceed heightened customer expectations, said the company. “By implementing Berkshire Grey’s AI-enabled robotic solutions, we can better support our stores with quicker inventory shipments that drive sales, while at the same time…
Found in Robotics News & Content, with a score of 6.23
November 05, 2021
…HAIPICK has been implemented in e-commerce, third-party logistics (3PL), apparel, electronics, energy, manufacturing, medicine, and other industries, with over 300 live projects worldwide. Some notable overseas customers include DHL Supply Chain, Phillips, Booktopia, GE, and HP. Also at CeMAT Asia, HAI Robotics announced its HAIPORT system, an automatic case-loading port that loads and unloads cases simultaneously. Invar widens reach of warehouse automation Invar also has an extensive network of global customers and has been recognized for its WMS and automation integration capabilities. “These are exciting times; robotics has transformed automation in the warehouse,” said Craig Whitehouse, managing director of Invar…
