Berkshire Grey Announces Formal Partnership with Kardex; Powering Robotic Picking From an AutoStore
Rhea-AI Summary
Berkshire Grey Inc. (BGRY) has announced a global partnership with Kardex AS Solutions, a leading provider of intralogistics and automated storage solutions. This collaboration aims to integrate Berkshire Grey's AI-enabled robotic picking technology with Kardex's AutoStore systems, offering customers a fully automated, one-touch fulfillment solution.
Key benefits of this partnership include:
- 99.99% picking accuracy
- Integrated end-to-end automated fulfillment
- Immediate performance without SKU data or teach-in period
- Scalability and space optimization
- Significant cost savings through enhanced efficiency
The combined solution promises to set new standards in AutoStore applications, delivering exceptional value to customers across various industries.
Positive
- Partnership with Kardex AS Solutions, a leading AutoStore provider
- Integration of AI-enabled robotic picking with AutoStore systems
- 99.99% picking accuracy, enabling one-touch fulfillment
- Immediate performance without requiring SKU data or teach-in period
- Scalable and space-optimizing solution for growing businesses
- Potential for significant cost savings through enhanced efficiency and automation
Negative
- None.
Insights
The partnership between Berkshire Grey and Kardex is a strategic move that could significantly impact both companies' market positions. By integrating Berkshire Grey's AI-enabled robotic picking with Kardex's AutoStore systems, they're creating a powerful, end-to-end automated fulfillment solution. This could lead to increased market share and revenue streams for both firms.
The focus on efficiency improvements, including 99.99% picking accuracy and 24/7 operation, suggests potential for substantial cost savings for customers. This could drive adoption and boost sales. However, the financial impact will depend on the success of pilot projects and market reception. Investors should monitor customer acquisition rates and revenue growth in the coming quarters to gauge the partnership's success.
This partnership represents a significant technological advancement in warehouse automation. Berkshire Grey's AI-enabled robotic picking, featuring their patented SpectrumGripper technology, combined with Kardex's AutoStore and FulfillX WES, creates a formidable solution in the market. The "One Touch Fulfillment" concept is particularly noteworthy, as it eliminates the need for manual verification, a common bottleneck in automated systems.
The solution's ability to deliver day-one performance without requiring SKU data or a teach-in period is a major selling point. This "plug-and-play" approach could significantly reduce implementation times and costs for customers, potentially accelerating market adoption. The scalability and modular design also address key concerns in the rapidly evolving e-commerce landscape.
This partnership taps into the growing demand for automated warehouse solutions, driven by e-commerce growth and labor shortages. The global warehouse automation market is expected to reach
The emphasis on cost savings and operational efficiency aligns with current market trends, where businesses are seeking to optimize their supply chains in response to economic pressures. However, the success of this partnership will depend on effective marketing, competitive pricing and the ability to demonstrate clear ROI to potential customers. Monitoring early adoption rates and customer testimonials will be important in assessing the partnership's market impact.
BEDFORD, Ma., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Berkshire Grey Inc., a well-established leader in AI-enabled robotic solutions that automate supply chain processes, announces the signing of a global partnership agreement with Kardex AS Solutions. Kardex is a global industry provider of intralogistics solutions and automated storage solutions and is the fastest growing AutoStore provider. This partnership will establish Berkshire Grey as a key provider of AI-enabled robotic picking for customers utilizing AutoStore empowered by Kardex.
Key Benefits of the Combined Solutions:
- One Touch Fulfillment: With
99.99% picking accuracy, confidently pick, pack, and ship orders to customers without manual verification, significantly improving operational efficiency. - Integrated Fulfillment Solution: A fully integrated, end-to-end automated fulfillment solution through the combination of Berkshire Grey’s robotic picking and Kardex’s purpose-built FulfillX WES.
- Immediate Performance: Berkshire Grey’s robotic picking solutions, featuring patented SpectrumGripper technology, deliver day one performance, without the requirement for SKU data or a teach-in period.
- Scalability and Space Optimization: The modular design of the AutoStore solution, paired with Berkshire Grey’s flexible robotics, allows for easy scalability and optimal use of storage space, accommodating growing business needs.
- Cost Savings: Enhanced efficiency, near
100% SKU coverage, and 24/7 operation significantly reduce labor and operational expenses, making the combined solution highly cost-effective.
"Kardex's expertise in AutoStore systems complements our widely implemented cutting-edge robotic picking technology perfectly," said Tom Wagner, CEO of Berkshire Grey. "Together, we're delivering true one-touch robotic fulfillment off an AutoStore, automating tasks like checking, scanning, identification, reorientation, packing, and error handling—tasks that have traditionally required human intervention. This partnership highlights our commitment to driving innovation and empowering our customers to meet their operational objectives efficiently."
Daniel Hauser, Managing Director of Kardex AS Solutions added, "We are thrilled to partner with Berkshire Grey and leverage their advanced robotics expertise. The integration of AutoStore empowered by Kardex and specifically Kardex FulfillX WES with Berkshire Grey’s robotic picking technology will set new standards in the application of AutoStore, delivering exceptional value to our customers."
With pilot projects already underway, Kardex and Berkshire Grey are proud to offer this seamless and efficient solution package that integrates the latest in warehouse management and automation. This comprehensive solution optimizes storage processes for businesses of all sizes across diverse industries, backed by exceptional customer support to ensure the success of every project.
For more information about the Berkshire Grey-Kardex partnership and the new robotic picking from AutoStore, please visit www.berkshiregrey.com or reach out to the media contact listed below.
About Berkshire Grey
Berkshire Grey Inc. 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, place 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.
About Kardex
Kardex is a leading global partner for intralogistics solutions in an attractive and growing market. The Group offers premium automated products, standardized systems, and life cycle services that guarantee high availability and low total cost of ownership. Kardex provides an intelligent entry into automation with its dynamic storage and retrieval systems, offers integrated material handling systems, small parts storage systems, and automated high-bay warehouses, and acts as a global AutoStore™ partner, offering flexible and modular storage and order fulfillment solutions. The Group employs around 2,500 people in over 30 countries. Kardex Holding AG has been listed on the SIX Swiss Exchange since 1989. Learn more about AutoStore empowered by Kardex at www.kardex.com.
Media Contact:
Cailin Radcliffe
Berkshire Grey Inc.
press@berkshiregrey.com
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