Sunday, April 18, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA
Trade News Today
Advertisement
  • Home
  • Trade News
    • All
    • Business
    • Cryptocurrency
    • Dow Jones
    Dow Jones May Aim Higher, Backed by Earnings and Robust Data

    Dow Jones May Aim Higher, Backed by Earnings and Robust Data

    EOS Falls 10% In Bearish Trade By Investing.com

    EOS Falls 10% In Bearish Trade By Investing.com

    Passengers sue United Airlines over engine explosion

    Passengers sue United Airlines over engine explosion

    Clearly, Jim Cramer Doesn’t Get Bitcoin

    Clearly, Jim Cramer Doesn’t Get Bitcoin

    A Stock Market Crash May Be Close: 4 Must-Know Metrics That’ll Make You a

    A Stock Market Crash May Be Close: 4 Must-Know Metrics That’ll Make You a

    TSMC says trade tensions could disrupt chip supply

    TSMC says trade tensions could disrupt chip supply

    What is Dogecoin? How a joke became hotter than bitcoin

    What is Dogecoin? How a joke became hotter than bitcoin

    When will Bitcoin price rally end? Here is what’s backing the BTC bull run

    When will Bitcoin price rally end? Here is what’s backing the BTC bull run

    3 reasons the stock market is poised for a near-term correction, according to

    3 reasons the stock market is poised for a near-term correction, according to

    • Business
    • Dow Jones
    • Cryptocurrency
  • Investing
    • All
    • Automobiles
    • Diamonds
    • Gold
    • Oil & Gas
    • Real Estate
    Stocks week ahead: Wall Street just showed the Reddit crowd how to really make

    Stocks week ahead: Wall Street just showed the Reddit crowd how to really make

    West Point cadets expelled over worst cheating scandal in 40 years

    West Point cadets expelled over worst cheating scandal in 40 years

    Meet Adebayo Ogunlesi, Nigeria’s investment banker shaking up Wall Street

    Meet Adebayo Ogunlesi, Nigeria’s investment banker shaking up Wall Street

    Oil and Gas Hub Could Usher In Energy Transition  | Rigzone

    Oil and Gas Hub Could Usher In Energy Transition  | Rigzone

    Homes That Sold for Around $1.5 Million

    Homes That Sold for Around $1.5 Million

    Don’t judge the climate fight

    Don’t judge the climate fight

    The housing market is hot for many reasons. Millenials are one of them.

    The housing market is hot for many reasons. Millenials are one of them.

    Striped pyrites link earthquakes to gold deposition

    Striped pyrites link earthquakes to gold deposition

    Pursuits Weekly: Reasons to Buy a New Watch Instead of Vintage

    Pursuits Weekly: Reasons to Buy a New Watch Instead of Vintage

    • Real Estate
    • Diamonds
    • Gold
    • Oil & Gas
    • Automobiles
  • Forex Analytics
    • All
    • Central Bank Views
    • Market Overviews
    RateLinx Placed in 2021 Magic Quadrant for Real-Time Transportation Visibility

    RateLinx Placed in 2021 Magic Quadrant for Real-Time Transportation Visibility

    Crude Oil Soars to 13-Month Highs: What’s More Perfect than A “Perfect” Bullish

    Crude Oil Soars to 13-Month Highs: What’s More Perfect than A “Perfect” Bullish

    Chainlink 2.0 introduces hybrid smart contracts to redefine the future of DeFi

    Chainlink 2.0 introduces hybrid smart contracts to redefine the future of DeFi

    The synthetic leather market size is estimated to be USD 63.3 billion in 2020

    The synthetic leather market size is estimated to be USD 63.3 billion in 2020

    Fuel Additives Market Assessment 2020 and Impact of COVID-19 with Forecasts to

    Global Molecular Breeding Industry (2020 to 2027) – Market Trajectory and

    Monetary policy frameworks and central bank market operations

    The Deutsche Bundesbank’s 2020 Financial Stability Review

    FINALYTIX STARTED IN THE DIFC EMERGES AS A GLOBAL LEADER IN ADVANCED ANALYTICS

    FINALYTIX STARTED IN THE DIFC EMERGES AS A GLOBAL LEADER IN ADVANCED ANALYTICS

    Monetary policy frameworks and central bank market operations

    Economic impact of Basel III’s capital and liquidity regulations

    Consulting Magazine Recognizes FTI Consulting’s Sophie Ross, Joshua Burch and

    Consulting Magazine Recognizes FTI Consulting’s Sophie Ross, Joshua Burch and

    • Central Bank Views
    • Market Overviews
  • Politics
  • Business
  • Markets
  • Retail
  • Personal Finance
Trade News Today
No Result
View All Result
Home Retail

Logistics startups raising millions for robotic retail fulfillment

February 12, 2021
in Retail
2 min read
Logistics startups raising millions for robotic retail fulfillment
Share on FacebookShare on Twitter


  • Retailers are turning to robots to help them meet e-commerce demand. 
  • A number of VC-backed startups are partnering with retailers like Walmart on micro-fulfillment.
  • Meet the startups that are leading the robot-powered fulfillment charge. 
  • Visit the Business section of Insider for more stories.

As e-commerce demand surges, retailers are looking for solutions that will help them fulfill orders as efficiently as possible. 

For many, that means turning to robots that can help workers out in fulfillment centers. 

“I think anybody who’s dealing with consumers is really busy right now with this because you’ve got to figure out how to get things to consumers without having the consumers come to you, as much as possible,” Lisa Ellram, a professor of supply chain management at Miami University in Ohio, said in a recent interview with Insider. 

Building and maintaining a workforce in fulfillment centers has historically been a challenge for companies, as warehouse jobs aren’t particularly high-paying or desirable, Ellram said. And, robots are able to handle certain tasks, like lifting heavy objects, that would be difficult or even dangerous for human workers to complete. 

A number of startups are building robotic systems to relieve this labor pressure, which has been exacerbated as the COVID-19 pandemic has simultaneously brought health and safety issues to the fore and led to a huge surge in online orders.

Several of these startups are specializing in micro-fulfillment, using robots to automate order picking and packing in spaces that are much smaller than the typical warehouse. In doing so, they hope to reduce last-mile costs for their retail partners and compete with incumbents that have already built large-scale fulfillment systems, like Amazon, Ocado, and Dematic. 

These startups are raising millions in venture capital and partnering with major retailers including Walmart, Albertsons, Nordstrom, and Gap. 



Read More: Logistics startups raising millions for robotic retail fulfillment

Tags: fulfillmentLogisticsMillionsraisingretailroboticstartups
Previous Post

Personal Finance Services Market Global Industry Overview by Size, Share, Future

Next Post

Stock Market Today With Jim Cramer: A Frothy Cannabis Sector

Related Posts

Engagement Benchmarks for Retail and eCommerce Apps

Engagement Benchmarks for Retail and eCommerce Apps

by Trade News
April 18, 2021
0

Digital shopping exploded in 2020, with an increase in both consumers and usage. While some companies took a hit...

Retail project underway in Monroe County – Times News Online

Retail project underway in Monroe County – Times News Online

by Trade News
April 17, 2021
0

Published April 17. 2021 07:36AM A prime piece of real estate in Smithfield Township, once marketed as Wall Street...

Coronavirus cluster report highlights cases among retail shops, tourism, church,

Coronavirus cluster report highlights cases among retail shops, tourism, church,

by Trade News
April 17, 2021
0

The state Health Department’s latest cluster report highlights how the coronavirus spread between four retail salespersons within a two-week...

Can omnichannel be as profitable for retailers as in-store sales? – RetailWire

Can omnichannel be as profitable for retailers as in-store sales? – RetailWire

by Trade News
April 16, 2021
0

Apr 16, 2021 The pandemic has accelerated the growth of online sales three to five times depending on the...

How Retailers Are Improving Fulfillment and Delivery for Long-Term Agility

How Retailers Are Improving Fulfillment and Delivery for Long-Term Agility

by Trade News
April 16, 2021
0

In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss an article recently published...

Next Post
Stock Market Today With Jim Cramer: A Frothy Cannabis Sector

Stock Market Today With Jim Cramer: A Frothy Cannabis Sector

0 0 vote
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Today Trend News

3 Cathie Wood Stocks That Are Better Than Bitcoin

3 Cathie Wood Stocks That Are Better Than Bitcoin

April 11, 2021
After New ATHs, What’s Next For BTC? – Bitcoin Magazine

After New ATHs, What’s Next For BTC? – Bitcoin Magazine

February 13, 2021
Fuel Additives Market Assessment 2020 and Impact of COVID-19 with Forecasts to

Geneia earns coveted KLAS rating in value-based care managed services segment

August 29, 2020
Delta cancels over 100 flights as pandemic travel soars

Delta cancels over 100 flights as pandemic travel soars

April 5, 2021
Uber Eats Reunites ‘Wayne’s World’ for a Super Bowl Ad

Flutter Entertainment Mulling US Listing of Small Share in FanDuel

March 15, 2021
Monetary policy frameworks and central bank market operations

Christopher Kent: Benchmark reforms

March 24, 2021
Uber Eats Reunites ‘Wayne’s World’ for a Super Bowl Ad

German Jobless Claims Unexpectedly Rise in February

March 2, 2021
Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend

Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend

March 10, 2021

Don't miss it

Dow Jones May Aim Higher, Backed by Earnings and Robust Data
Dow Jones

Dow Jones May Aim Higher, Backed by Earnings and Robust Data

April 18, 2021
Stocks week ahead: Wall Street just showed the Reddit crowd how to really make
Investing

Stocks week ahead: Wall Street just showed the Reddit crowd how to really make

April 18, 2021
West Point cadets expelled over worst cheating scandal in 40 years
Gold

West Point cadets expelled over worst cheating scandal in 40 years

April 18, 2021
Meet Adebayo Ogunlesi, Nigeria’s investment banker shaking up Wall Street
Diamonds

Meet Adebayo Ogunlesi, Nigeria’s investment banker shaking up Wall Street

April 18, 2021
Oil and Gas Hub Could Usher In Energy Transition  | Rigzone
Oil & Gas

Oil and Gas Hub Could Usher In Energy Transition  | Rigzone

April 18, 2021
Homes That Sold for Around $1.5 Million
Real Estate

Homes That Sold for Around $1.5 Million

April 18, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 NewsForTrade.com

No Result
View All Result
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 NewsForTrade.com

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply