Berkshire Grey and Locus Robotics Announce Partnership Offering Industry-First, Cross-Platform Robotic Automation

Rhea-AI Summary

Berkshire Grey (Nasdaq: BGRY) has announced a partnership with Locus Robotics to deliver integrated robotic automation solutions for retail and eCommerce sectors. This collaboration integrates Berkshire Grey's Robotic Shuttle Put Wall (BG RSPWi) with Locus's Origin and Vector bots, addressing labor shortages while maximizing supply chain throughput. The solution enhances order fulfillment and store replenishment efficiency by processing a broader range of SKUs and optimizing labor costs. Both companies aim to address ongoing supply chain pressures driven by labor availability and inflation challenges, seeking to provide customers with flexible, comprehensive automation capabilities.

Positive

• Partnership with Locus Robotics enhances supply chain automation solutions for retail and eCommerce.
• Integration allows for improved throughput and efficiency in order fulfillment and store replenishment.
• Addresses labor shortages and inflation pressures affecting supply chain operations.
• Offers customers a comprehensive, end-to-end robotic automation solution.

Negative

• None.

Innovative integrated solutions offer full scale automation with minimal fixed infrastructure, enabling customers to maximize throughput, scale effectively, and optimize labor efficiencies

BEDFORD, Mass. and WILMINGTON, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Berkshire Grey, Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, and Locus Robotics, the leader in Autonomous Mobile Robotics (AMR) for logistics and distribution warehouses, today announced their formal partnership with the unveiling of their combined solution that integrates the Berkshire Grey Robotic Shuttle Put Wall (BG RSPWi) with Locus Origin and Locus Vector bots. This innovative integrated solution deploys end-to-end robotic automation solutions for retail and eCommerce customers looking to maximize their supply chain productivity and throughput while addressing growing labor shortages.

Ongoing labor availability and inflation challenges continue to put growing pressures on supply chain and distribution frameworks. Retail and eCommerce businesses are strained to keep up with growing customer demands while managing the supply chain issues and keeping operational costs in control. Customers are demanding flexible and seamlessly integrated best of breed robotic automation solutions to address these challenges and deliver top-quality customer experiences.

“Partnering with Berkshire Grey allows our customers to reap the benefits of enterprise-level robotic automation across some of their most business-critical supply chain processes,” said Mike Johnson, President at Locus Robotics. “Berkshire Grey and Locus Robotics have been operating in the supply chain industry for many years now, and it’s great to see us join forces to deliver seamlessly integrated, proven, and impactful automation solutions that help our customers grow and succeed, now and into the future.”

Steve Johnson, President and COO at Berkshire Grey agreed saying, “We have seen a growing number of customers asking for solutions that they can deploy holistically versus piecemeal innovation. Locus Robotics has a distinct value proposition in enabling greater flexibility in the supply chain industry with their robotic automation solutions. Now with Locus Robotics, we believe we can take our combined solutions to a wider market.”

This new solution helps retailers and eCommerce businesses maximize their throughput by:

• Delivering a fast and packaged solution for order fulfillment and store replenishment
• Processing a wide range of SKUs, surpassing SKU coverage of other alternatives
• Enabling a fully-automated, end-to-end supply chain ecosystem
• Augmenting supply chain operations with optimized labor and costs

Berkshire Grey and Locus Robotics are also exploring the future integrations of Berkshire Grey’s Robotic Product Sortation (BG RPS), Robotic Shuttle Product Sortation (BG RSPS), Robotic Pick and Pack for eCommerce Autobagging (BG RPPi). With this end-to-end package of robotic solutions, businesses can fully automate their order fulfillment, autobagging and store replenishment processes while seeing immediate ROI and throughput improvements.

About Berkshire Grey

Berkshire Grey, Inc., (Nasdaq: BGRY) helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at www.berkshiregrey.com.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

To learn more about Berkshire Grey, please visit BerkshireGrey.com and follow Berkshire Grey on Facebook, LinkedIn, Twitter and YouTube.

About Locus Robotics

Locus Robotics is the world leader in revolutionary, enterprise-level, warehouse automation solutions, incorporating powerful and intelligent autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2–3x. Named to the Inc. 500 two years in a row, and winning over 17 industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers. Supporting over 100+ of the world’s top brands and deployed at 250+ sites around the world, Locus Robotics enables retailers, 3PLs and specialty warehouses to efficiently meet and exceed the increasingly complex and demanding requirements of today’s fulfillment environments More information is available at www.locusrobotics.com.

Locus Robotics and the Locus Robotics logo are registered trademarks of Locus Robotics. Other trademarks referenced are the property of their respective owners

To learn more about Locus Robotics, please visit LocusRobotics.com and follow Locus Robotics on LinkedIn, Twitter and YouTube.

Videos accompanying this announcement are available at:

https://www.youtube.com/watch?v=BwmHH1DsBuI

https://www.youtube.com/watch?v=4DtTKK0nCsE

Contacts:
Investors: Ian Rhoades
Sharon Merrill Associate, Inc.
BGRY@investorrelations.com

Media: Method Communications for Berkshire Grey
berkshiregrey@methodcommunications.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/122d01e0-fb68-4b2d-98ee-b1d507dbdd9a

FAQ

What is the significance of the Berkshire Grey and Locus Robotics partnership?

The partnership aims to enhance supply chain automation by combining Berkshire Grey's and Locus Robotics' technologies, improving efficiency for retail and eCommerce operations.

How does the integration of Berkshire Grey's RSPWi and Locus's robots impact supply chain productivity?

The integration boosts throughput by enabling faster order fulfillment and processing a wider range of SKUs, thus optimizing labor and operational costs.

What challenges in supply chain operations does the new solution address?

The solution addresses ongoing labor shortages and inflation pressures, helping businesses meet customer demands effectively.

Which markets will benefit from Berkshire Grey's and Locus Robotics' integrated solutions?

The integrated solutions are designed for retail and eCommerce customers, targeting enhanced supply chain productivity.