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Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

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As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019.

The increased demand for retail has put a strain on supply chains and retail operations worldwide. As a result, retailers and stakeholders are turning to automation solutions such as mobile robotics for operational ease.

According to global technology intelligence firm ABI Research, worldwide commercial robot revenue in retail stores will have a Compounded Annual Growth Rate (CAGR) of over 25 percent from 2022 to 2030 and exceed $8.4 billion by 2030. [Read more…] about Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

DHL opens new ‘highly automated’ fulfillment center for flatpack furniture giant IKEA

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DHL Supply Chain, Deutsche Post DHL Group’s contract logistics specialist, is opening a new, “highly automated” fulfillment center in Bergkamen, Germany, for its customer, the Swedish flatpack furniture giant IKEA.

The new state-of-the-art DHL facility has been commissioned to help the home furnishings group handle its fast-growing B2C online business in Germany, which grew significantly during the pandemic and required IKEA to rapidly expand its B2C fulfillment capabilities.

The multi-customer site in Bergkamen boasts 40,000 square meters of warehouse space and is part of the neighboring DHL Supply Chain Unna Campus, which is less than 10 kilometers away. [Read more…] about DHL opens new ‘highly automated’ fulfillment center for flatpack furniture giant IKEA

ABB joins Berkshire Grey’s tech alliance program to deliver AI-enabled robotic solutions

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Berkshire Grey, a developer of AI-enabled robotic solutions that automate supply chain processes, says that industrial giant ABB has joined Berkshire Grey’s Technology Alliance Program to provide more customers with AI-enabled robotic solutions that improve e-commerce fulfillment throughput and warehouse efficiency while driving down operational costs.

The companies say ABB’s expertise in providing automation solutions to global e-commerce merchants, retailers, and third-party logistics complements Berkshire Grey’s extensive portfolio of AI-enabled robotic automation solutions for eCommerce fulfillment, store replenishment, back-of-store order collection, and package handling.

Berkshire Grey has extensive experience in incorporating ABB robotic technology into enterprise-scale automation solutions in production environments. [Read more…] about ABB joins Berkshire Grey’s tech alliance program to deliver AI-enabled robotic solutions

Hai Robotics partners with frictionless supply chain company Pop.capacity

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Hai Robotics has formed a partnership with frictionless supply chain company Pop.capacity.

With this partnership, Pop.capacity will be able to include Hai Robotics solutions as part of its portfolio offering to its customers in an effort to reduce friction points within their warehouses.

Pop.capacity is pioneering the frictionless supply chain. By combining years of supply chain experience, and a never before seen technology, they are uniquely positioned to bring a disruptive new solution to an industry full of unnecessary friction. [Read more…] about Hai Robotics partners with frictionless supply chain company Pop.capacity

On-demand manufacturer Fictiv secures $100 million in funding

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Fictiv, an on-demand manufacturing startup, has closed a $100 million Series E funding round.

The investment will advance Fictiv’s mission to accelerate product innovation with an expanded focus on decreasing supply chain risk through its best-in-category technology and product experience.

This unique combination of benefits helps Fictiv’s customers tackle both the continuous, competitive pressures to innovate faster and address the relentless, daily supply chain disruptions. [Read more…] about On-demand manufacturer Fictiv secures $100 million in funding

Ambi Robotics returns to Berkeley and expands headquarters

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Ambi Robotics, a provider of AI-powered robotic parcel sorting systems for supply chain operations, has unveiled its new headquarters in Berkeley, California to support company growth and new product development.

Ambi Robotics is ramping up installations of AmbiSort systems ahead of peak season as more shipping and logistics brands grapple with surging ecommerce demand.

The new headquarters boasts 33,000 square feet of space for the company to continue its mission to solve the supply chain’s most complex problems while helping people handle more than ever before. [Read more…] about Ambi Robotics returns to Berkeley and expands headquarters

Simbe Robotics partners with Fast Radius to build new Tally robot

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Fast Radius, a cloud manufacturing and digital supply chain company, is partnering with Simbe Robotics to manufacture components critical to the function and aesthetics of Simbe’s inventory robot, Tally 3.

Simbe says it has “reimagined the possibilities of automation” to create new efficiencies in retail stores and selected Fast Radius’ Cloud Manufacturing Platform because of its ability to bypass current supply chain disruptions through flexible production.

This results in faster time to market versus traditional manufacturing processes and helps the business scale. [Read more…] about Simbe Robotics partners with Fast Radius to build new Tally robot

Guide on Risk Management Strategies for Freight Forwarders

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Risk Management Tips for Freight Forwarders in the Post-Pandemic Economy



Freight forwarders are an integral part of the global economy. Global trade would not function without their logistical expertise.

But as the world shifts to globalization, supply chains are becoming more complex. How can freight forwarders deal with old and emerging trends? Here are risk management strategies for freight forwarders in the post-pandemic era. [Read more…] about Guide on Risk Management Strategies for Freight Forwarders

Apptronik raises $15 million for its humanoid robots

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Apptronik, an Austin-based robotics company specializing in the development of exoskeletons and collaborative robotics systems, says it raised $14.6 million in a Seed Round, including Capital Factory, Grit Ventures, Perot Jain and other strategic investors.

This funding will go toward fulfilling the company’s current customer orders while accelerating the commercialization of one of the industry’s first mass-produced humanoid robots capable of working alongside humans.

Apptronik is positioned to scale its deep portfolio of safe, intelligent, versatile, and adaptable robotic technology for unstructured environments across enterprises. [Read more…] about Apptronik raises $15 million for its humanoid robots

Majority of US businesses looking to bring production closer to home

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Some 70 percent of US businesses are looking to bring production closer to home, according to a survey by industrial automation giant ABB.

In response to the Covid-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of US-based companies are planning to relocate production closer to their facilities in America.

Surveying 1,610 executives in the US and Europe, ABB found that 70 percent of US businesses are planning changes in their operations, with 37 percent planning to bring production back home and 33 percent looking to nearshore and shift their operations to a closer location. [Read more…] about Majority of US businesses looking to bring production closer to home