Robotics & Automation News

Market trends and business perspectives

inventory

5 Reasons that will make you want to invest in your inventory management

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It’s time to talk about inventory management. Your business depends on it, full stop. Yet, when the time comes to splurge on innovations that will improve your business, inventory management is often overlooked.

Sure, it might not be as sexy or interesting as marketing—but what’s a good marketing campaign worth if you don’t have enough products in stock? Or way too many—meaning you still lose money?

Inventory management also plays a big role in your strategy. Your warehouse is so much more than just a temporary place to stay for your products. You could make—or lose—quite a bit of money there. [Read more…] about 5 Reasons that will make you want to invest in your inventory management

Automation and the Fashion Industry: A Quiet Revolution

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Many believe that we have recently entered the Fourth Industrial Revolution, which is characterized by new modes of design, production and marketing. Being one of the world’s largest and most innovative industries, fashion is at the center stage of this shake-up.

This is not surprising, since fashion is big business. In the UK, for example, the fashion industry is valued at £26 billion, making it the country’s biggest creative industry.

From algorithms that detect what we will be wearing next season to targeted pricing, here are just a few ways automation technology is transforming the fashion industry. [Read more…] about Automation and the Fashion Industry: A Quiet Revolution

GreyOrange upgrades its warehouse automation system to enable movement of heavy items

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GreyOrange, a warehouse robotics and automation company, says its GreyMatter fulfillment operating system now supports unmanned heavy payload movement, directing its Ranger Intralogistics robots to move heavy payload inventory within warehouse zones.

GreyMatter continuously assesses Distribution Center (DC) performance and deploys intelligent Ranger IL robots to transfer a diverse range of inventory payloads that weigh up to 2,205 pounds—on pallets, racks, cages or trolleys—within a facility.

GreyMatter’s mobile-spatial intelligence enables these Ranger robots to operate accident-free, utilizing LiDAR based SLAM (simultaneous localization and mapping) to perceive surroundings and select collision-free routes. [Read more…] about GreyOrange upgrades its warehouse automation system to enable movement of heavy items

GreyOrange and Vicarious launch autonomous vertical pick-and-pack solution for apparel

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GreyOrange, a provider of AI-enabled software and robotics for fulfillment automation, is partnering with Vicarious, an AI robotic integrator that automates tasks too versatile and complex to be handled by traditional, hard-coded automation systems.

Together Vicarious and GreyOrange have launched what they say is “the industry’s first and only autonomous vertical picking solution for automated pick-n-pack operations in omnichannel fulfillment”.

Autonomous Vertical Picking from Vicarious interfaces smoothly into a global workflow orchestrated by GreyOrange’s GreyMatter Fulfillment Operating System (FOS), which uses advanced science to continuously evaluate order fulfillment performance and prioritize decisions and workflows. [Read more…] about GreyOrange and Vicarious launch autonomous vertical pick-and-pack solution for apparel

Automating Performance Metrics: Start with Demand and Inventory Forecasting

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By Mike Mills, Director, Business Consulting, Blue Ridge

2021 is the year when companies need earlier insights into new market opportunities, including what items consumers want, on what channel, how much they should stock, and how much they will pay for these products.

The ability to compete in new areas with this level of agility will be the key to unraveling chaos. As e-commerce continues to threaten the market with competitive products that are available nearly instantly, shifting consumer trends can make stocking shelves even more challenging.

Two-thirds of distributors, retailers, and manufacturers report that transportation, labor, and goods were rising more quickly than in previous years. Automation has become a full imperative; Covid has magnified the need. [Read more…] about Automating Performance Metrics: Start with Demand and Inventory Forecasting

A guide to storing, packing, and shipping your inventory

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Scaling a business can be difficult when there are a lot of moving parts to consider. Here’s a short guide on the fulfilment stages of a retail operation, to support your storage, packing, and shipping process.

Securing a safe space to store

Where are you storing your inventory? If you’re dealing with small products, a garage might be more than enough space for you. If you’re dealing with pallets or heavy items, you may need to seek out a fulfilment centre or rent space in a distribution warehouse with loading docks. You could even invest in a steel building kit, as a long-lasting structure, that gives you room to grow into. [Read more…] about A guide to storing, packing, and shipping your inventory

How Supply Chain Software Can Benefit Your Business

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In today’s fast-paced, global marketplace, supply chain software can help improve your company’s efficiency and productivity.

You may find yourself needing to monitor and track multiple business functions and processes, but, sometimes, you can’t be there physically to oversee each aspect of your business. With this type of software, you can be sure that all of your business operations are being tracked and accounted for.

This can help you better plan and control how your business functions and allows you to make more informed decisions. In this article, you’ll learn in detail how supply chain software can benefit your business. Read on. [Read more…] about How Supply Chain Software Can Benefit Your Business

Simbe unveils new version of its shop inventory robot

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Simbe Robotics, a provider of retail service robots, has launched Tally 3.0 – the latest design iteration of its autonomous inventory robot, Tally.

Simbe says its “unique, human-centered approach to design” has set Tally apart from competitors since its initial debut in 2015.

The company adds in its press release: “With enhancements to the robot’s optical system, greater durability and maneuverability to ensure cost-effective top performance, and the introduction of an embedded data processor, Tally 3.0 continues to lead the pack and remains the most innovative, efficient retail robot on the market.” [Read more…] about Simbe unveils new version of its shop inventory robot

Automated Warehousing: Playbook for Introducing AI to Your Operation

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In the eCommerce industry, businesses need to reduce their costs and streamline the distribution process if they want to succeed.

With the number of physical goods ordered online skyrocketing across the country, Amazon has raised the bar in terms of the delivery timeline and customer service.

Small delays in the supply chain or order fulfilment process could leave your customers dissatisfied. [Read more…] about Automated Warehousing: Playbook for Introducing AI to Your Operation

Geek+ streamlines e-commerce supply chain company Winit’s warehouse operations

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Geek+, an autonomous mobile robot manufacturer, is providing smart logistics solutions for to Winit, an integrated supply chain solutions provider for cross-border e-commerce.

Winit serves e-commerce leaders like eBay, and Geek+ says its robots will enable enable more efficient and flexible operations at Winit’s fulfillment center in Cincinnati, Ohio.

With an inventory subject to a wide variety of products, massive SKUs, and a rapid increase in online sales, Winit has been looking for solutions that can streamline their warehouse operations, mitigate against management issues due to high turnover of warehouse workers, and enable flexible yet affordable scaling of operations. [Read more…] about Geek+ streamlines e-commerce supply chain company Winit’s warehouse operations

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