November 3, 2021 09:05 ET | Source: Berkshire Grey, Inc. Berkshire Grey, Inc.
Bedford, Massachusetts, November 3, 2021 (Global News Service) - Berkshire Gray (NASDAQ: BGRY) is the leader in artificial intelligence robotics solutions that automate supply chain processes Announced today that its robotic shuttle products are fully launched for order fulfillment sorting (RSPS) solutions. The system automates store replenishment, distribution order processing, box cross docking, sorting and packaging, and supports filling in e-commerce orders through stores and in-person shopping. RSPS can increase the processing capacity and throughput of existing operations without increasing labor, help adjust the size of store inventory, and support the realization of e-commerce from store to scale. After a series of successful installations by major US retailers, the solution is now generally available for global deployment.
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Physical stores are increasingly achieving e-commerce sales. By 2021, more than 80% of all retail sales, including e-commerce, will come from physical stores. Savvy retailers are driving growth by adjusting e-commerce and in-store customer experience, improving store choices, and increasing special purchases to attract shoppers with popular brands and exclusive products at attractive price points. These growth strategies have put considerable pressure on the traditional distribution business that handles store replenishment, distribution, and online purchase-in-store pickup orders.
Berkshire Grey's RSPS is a fully integrated system supported by core AI software, enabling distribution centers to use existing labor to improve order processing at existing facilities. RSPS can be used as a standalone module, combined with other advanced Berkshire Gray technology, or combined with existing or third-party systems. This enables retailers, grocery stores, and 3PL to be more competitive, increase throughput, and drive growth in the face of labor shortages. RSPS has been deployed in major retailers and can:
Tom Wagner, CEO of Berkshire Grey, said: "Our AI-driven Robotic Shuttle Product Sorting (RSPS) solution supports sales practices that drive retail growth while improving the operating model of the distribution center—even if it is During a period of labor scarcity."
With systems used in multiple industries today, including e-commerce, same-day grocery, package handling, and retail, Berkshire Gray is a recognized and trusted leader in advanced automation. Berkshire Gray provides scalable solutions that can grow with customers' businesses. With Berkshire Grey's Intelligent Enterprise Robots (IER), customers can access solutions that support order fulfillment needs throughout the supply chain. Berkshire Grey's extensive services include installation, testing and commissioning, as well as continuous support for predictive maintenance, system operations management, analysis and integration using cloud-based AI solutions.
Berkshire Grey’s automation solutions are modular, flexible and available through a Robot as a Service (RaaS) implementation model, enabling customers to accelerate the adoption of game-changing automation technologies without the need for upfront capital expenditures.
To learn more about Berkshire Grey and RSPS, please visit BerkshireGrey.com and follow Berkshire Gray on Facebook, LinkedIn, Twitter and YouTube.
About Berkshire Grey Berkshire Grey, Inc. (NASDAQ: BGRY) helps customers revolutionize their fulfillment, supply chain, and logistics operations by providing disruptive technologies that combine artificial intelligence and robotics The basic way of doing business. The Berkshire Grey solution is the basic engine of change, transforming picking, packaging, moving, storage, organization, and sorting operations to provide a competitive advantage for businesses serving today's connected consumers. Berkshire Grey's customers include the world's top 100 retailers and logistics service providers. For more information, please visit www.berkshiregrey.com.
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