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Nokia unveils new system for monitoring warehouse inventory with drones

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Nokia has launched what it says is an “industry-first, true inventory counting capability” for Nokia Autonomous Inventory Monitoring Service (AIMS), enabling warehouse operators to utilize autonomous drones to individually count items, such as eaches, cases or cartons, in any racked inventory location accurately and efficiently.

Nokia points to statistics showing warehouse shrinkage can account for 3-5 percent of a company’s revenue and 25 percent of shrinkage is due to administrative errors.

This, combined with continued pressure to fulfill orders rapidly, has pushed warehouse operators to a tipping point of futureproofing and automating operations to gain a business edge.

The new inventory counting capability adds to Nokia AIMS’ current features of finding misplaced and lost inventory, as well as empty bin detection. [Read more…] about Nokia unveils new system for monitoring warehouse inventory with drones

Store robot Tally has had a ‘positive impact’ on retail operations, says Simbe report

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Simbe Robotics, a provider of stock-taking robots for retail stores, has unveiled new data from its first annual Store Team Technology Sentiment Report.

In a recent survey of nearly 200 store managers who use Simbe’s inventory robot, Tally, the majority of respondents cited multiple positive impacts of the technology.

As an increasing majority of retailers invest in automation to strengthen their businesses and improve the in-store experience, these results reinforce the value of deploying technology across store chains and confirm the direct benefits to teams, while positioning Simbe as the only provider with proven results at scale. [Read more…] about Store robot Tally has had a ‘positive impact’ on retail operations, says Simbe report

Urbx launches robotic inventory storage and retrieval system

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Urbx has launched its robotic inventory storage and retrieval system. The company says it is capable of fulfilling complex, multi-SKU orders at “unprecedented speeds”.

The system builds on the principles of traditional automated storage and retrieval systems (AS/RS) and uses a combination of robotics, software and storage racking to deliver key advantages in speed, height, density and scalability in goods-to-person order fulfillment workflows.

The system uses a fleet of proprietary Urb TowerBots driven by AI to find the shortest 3D path through a dense storage grid to retrieve totes and bring them out to a pick station. [Read more…] about Urbx launches robotic inventory storage and retrieval system

Warehouse automation specialist GreyOrange claims ‘99 percent inventory accuracy and location precision’

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GreyOrange, a specialist in AI-driven fulfillment automation, says it has achieved a “breakthrough in retail inventory accuracy” with its “innovative, end-to-end” store execution and omnichannel retail management solution, gStore.

With the ability to combine data from RFID overhead systems with a real-time store operations platform, retailers can now serve more customers faster based on 99 percent inventory accuracy and location precision within three to five feet.

Akash Gupta, co-founder and CEO, GreyOrange, says: “RFID technology has matured beyond point-in-time capabilities, which traditionally offered around 90 percent inventory accuracy without location precision.” [Read more…] about Warehouse automation specialist GreyOrange claims ‘99 percent inventory accuracy and location precision’

SpartanNash introduces ‘retail innovation’ with in-store robot from Simbe

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Food solutions company SpartanNash has agreed plans to implement Simbe Robotics’ autonomous inventory robot Tally in 60 additional company-operated stores across the Midwest USA.

This opportunity to generate actionable, real-time inventory insights represents SpartanNash’s continued investment in technology to enhance the store guest and Associate experiences.

Tom Swanson, SpartanNash executive vice president, corporate retail, says: We first piloted Tally in 15 stores, and the success of that launch motivated us to expand Tally across more locations to help Associates save time in inventory tracking and spend more time on the floor serving our store guests. [Read more…] about SpartanNash introduces ‘retail innovation’ with in-store robot from Simbe

Synchronizing Inventory: A Look at E-commerce and Inventory Management Integration

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How can businesses synchronize inventory between their online stores and inventory management systems? This article will tell you everything about it.

To be able to keep inventories in sync often means better accuracy and efficiency in the supply chain.

You can learn more about this matter in this short article, which will give you some tips to follow. [Read more…] about Synchronizing Inventory: A Look at E-commerce and Inventory Management Integration

Inventory Management Software Trends to Watch in 2023

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As we enter 2024, it’s crucial for retailers to stay ahead of the curve and leverage the latest inventory management technologies to streamline operations, increase efficiency, and drive profitability.

In this article, we will explore the top trends in retail inventory management software that will empower businesses to thrive in the digital world. [Read more…] about Inventory Management Software Trends to Watch in 2023

Brain Corp and Dane Technologies extend robotic partnership

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Brain Corp, a provider of an operating system for robots, and Dane Technologies, a designer and manufacturer of power assist solutions, have expanded their partnership for the development of inventory scanning retail solutions, which will be built on Brain Corp’s next generation robotics platform.

The next generation platform, designed with a new, modular architecture, represents the latest evolution of Brain Corp’s BrainOS robotics platform – which currently powers over 30,000 autonomous robots operating in commercial public spaces.

Promoting faster and easier product development, the next generation robotics platform has been created to underpin a future generation of intelligent robotic solutions able to be applied across multiple commercial sectors. [Read more…] about Brain Corp and Dane Technologies extend robotic partnership

McCoy’s Building Supply brings in Badger robots to help operate stores

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Badger Technologies, a product division of Jabil and specialist in retail automation, is rolling out in-store robots at McCoy’s Building Supply to elevate operational efficiencies and bolster customer-service excellence following a successful robotics pilot.

As a result, Badger Technologies multipurpose, autonomous robots empower McCoy’s stores to detect out-of-stock (OOS) and incorrectly priced products with more than 95 per cent accuracy while helping to decrease OOS products by up to 50 per cent. McCoy’s also improved price-tag accuracy by more than 97 per cent.

Based in San Marcos, Texas, McCoy’s Building Supply is one of the nation’s largest, privately held building supply retailers with 85 stores throughout Texas, New Mexico, and Oklahoma. [Read more…] about McCoy’s Building Supply brings in Badger robots to help operate stores

Improve Your Business with China Fulfillment Centers

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Want to know why you should partner with China Fulfillment Center? Dive into this article to explore the basics and perks of working with these entities!

Finding good fulfillment centers can be tricky because you need to find centers that can perform all the logistics of a business. We all know China is one of the biggest trading countries with the most developed and diverse manufacturing industry.

How amazing it would be if you partner and get the products delivered directly from the factories working in China. Here, you will find why partnering with China fulfillment centers might be a good option for you. [Read more…] about Improve Your Business with China Fulfillment Centers