Collaborative warehouse bots are critical to e-commerce success, Shopify exec says

6 River Systems | September 16, 2020

A spike in e-commerce volumes driven by coronavirus travel restrictions may slow down after a safe vaccine is eventually found, but its impact on fulfillment automation processes is here to stay, according to a top executive at Shopify, an e-commerce platform for small and medium-sized businesses (SMBs). As the pandemic prevented consumers from congregating in brick and mortar stores, so many of them turned to e-commerce shopping that the online retail sector experienced five years’ worth of growth in the past three months alone, Shopify’s chief technology officer, Jean-Michel Lemieux, said today. From less than 1% in 2000, the share of e-commerce retail sales as a percent of total retail sales rose to 5% in 2011 and 10% in 2018 before leaping above 16% during the second quarter of 2020, according to statistics from the U.S. Census Bureau.  That curve may soon begin to flatten a bit, but the post-Covid “new normal” will feature e-commerce levels in the range of 20%, 30%, or even 40% of all retail, Lemieux said in remarks at Flow 2020, the annual user conference held by autonomous mobile robot (AMR) vendor 6 River Systems. Ottawa, Ontario-based Shopify acquired Waltham, Massachusetts-based 6 River in 2019 for $450 million in a bid to use its collaborative "Chuck" robots to boost fulfillment efficiency for warehouse staffers managing inventory for distribution. That deal looked at first like amazon.com's move to buy Kiva Systems Inc. in 2012 for $775 million, and then take the product off the market, keeping its robots for the sole use of Amazon’s own DCs. But Shopify was quick to say that it will continue selling 6 River’s Chuck bots to the entire logistics market, and Lemieux reiterated that stance today.

Spotlight

Over the last decade, many companies faced extreme supply chain challenges that stretched their capabilities to the breaking point. Both the preponderance of natural disasters and huge economic swings caused extreme challenges across the supply chain. These challenges have not diminished. Supply chains, which once functioned almost on autopilot, face many dangers today in both the global and the domestic market.


Other News
SUPPLY CHAIN

E2open Alliance Partner KPMG LLP to Launch New E2open Practice

E2open | April 26, 2022

E2open Parent Holdings, Inc. (NYSE: ETWO), a leading network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform, announces that its strategic alliance partner, KPMG LLP is building a new E2open practice to help clients transform their enterprise with supply chain technology.The KPMG E2open practice will be focused on creating positive business outcomes and a more connected supply chain through technology adoption, services and expertise. “We’re thrilled to strengthen our alliance relationship with KPMG and launch a dedicated E2open practice to drive more value for our mutual clients, This is yet another step in our stated strategy to expand our partnerships and partner ecosystem to best serve clients.” -Michael Farlekas, chief executive officer of E2open KPMG LLP Supply Chain Advisory Leader Rob Barrett, said, We look forward to servicing our mutual clients in building more connected, resilient supply chains through digital transformation. Our E2open practice will help guide that journey, from technology roadmap and operating capabilities to the skills and internal adoption that drives ultimate success. “Our goal is to help clients achieve better results in managing their supply chains, and our alliance with KMPG is instrumental in that endeavor. We’re excited that KMPG is opening up a practice, which will include expanded transportation and logistics capabilities from E2open’s most recent acquisitions.” -Heather Generes, general manager, channel and growth at E2open KMPG recently received the CONNECT 2022 Strategic Alliance Partner of the Year Award from E2open at its annual client conference. About KPMG LLP KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 145 countries and territories and has close to 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at www.kpmg.com/us. About E2open At E2open, we’re creating a more connected, intelligent supply chain. It starts with sensing and responding to real-time demand, supply and delivery constraints. Bringing together data from customers, distribution channels, suppliers, contract manufacturers and logistics partners, our collaborative and agile supply chain platform enables companies to use data in real time, with artificial intelligence and machine learning to drive smarter decisions. All this complex information is delivered in a single view that encompasses your demand, supply, logistics and global trade ecosystems. E2open is changing everything. Demand. Supply. Delivered.™ Visit www.e2open.com.

Read More

LOGISTICS

Arrive Logistics Acquires Cross-Border Business from Forager

Arrive Logistics | February 02, 2022

Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. The acquisition enables Arrive to strengthen its cross-border services and technology offerings in Canada and Mexico, further executing the company's strategy to expand its service portfolio. Forager Group's team of cross-border specialists and industry leading technology are excellent additions to our business, By integrating Forager's cross-border platform into our transportation management system, Arrive can continue to deliver and expand services to Forager's customers while providing new capabilities to our existing partners. Through the network, expertise, and technology of both organizations, Arrive will scale our cross-border footprint into an industry leader." Matt Pyatt, Founder and CEO of Arrive Logistics. This acquisition will equip Arrive to deliver better visibility into cross-border shipping, leveraging purpose-built technology to generate value and provide a one-stop-shop freight experience. Increases in cross-border trade, in-sourcing and near-sourcing are expected to continue to rise over the next five years which point to a growing need for these specialized capabilities within the logistics space. Arrive Logistics provides the scale and capital needed to grow Forager's existing cross-border business, We look forward to continuing to support Forager's customers leveraging Arrive's team and technology. Arrive is one of the industry leaders in domestic truckload, and our shared philosophy in company culture and how we prioritize ease of doing business for our partners made this acquisition a natural fit." Matt Silver, founder and CEO of Forager Group, Inc. The new capabilities further strengthen Arrive's leadership position as a fast-growing transportation company while fulfilling the company's goal of expanding its breadth of services and driving strong growth. About Arrive Logistics Arrive Logistics is a leading multimodal transportation and technology company delivering unparalleled service and custom strategic solutions. With over 1,500 employees, 4,000 customers, and 50,000 carriers in its network, Arrive is one of the largest firms in the 3PL industry, having surpassed $1.6 billion in 2021 revenue. The company has been recognized as a top workplace in Austin by Built in Austin and The Austin Statesman and in Chicago by The Chicago Tribune.

Read More

MANAGEMENT

BBF GLOBAL LOGISTICS JOINS ARMSTRONG RELOCATION & COMPANIES

BBF GLOBAL LOGISTICS | April 07, 2022

BBF Global Logistics, LLC ("BBF"), a Memphis-based transportation brokerage company, has joined Armstrong Relocation & Companies ("Armstrong")—an industry-leading provider of moving, relocation and supply chain solutions. This transaction elevates BBF's portfolio of services through the additional resources Armstrong has to offer. While many businesses were focused on remaining operational through the pandemic, BBF President Alexander Folk launched the logistics firm in June 2020 with co-founders William Melford and Nick Bogdanovic. All three businessmen brought different areas of logistics expertise to the company. "We each have a good pulse of what is going on in the logistics industry and what issues people are experiencing, so we were confident going into this, even during the pandemic," Folk said. Since inception, BBF has experienced significant growth. "We look forward to expanding our transportation management and brokerage model, as well as customer solutions with Armstrong-owned assets," said Folk. "As Armstrong is seeking to expand our supply chain solutions, we quickly recognized the synergies between the two companies, the cultural alignment and the complementary value BBF provides. Alexander and team have established an incredible foundation upon which we are eager to grow." -Todd Watson, CEO of Armstrong Relocation & Companies BBF will now operate as Armstrong Transportation Management, LLC. About BBF Global Logistics BBF Global Logistics was founded as a transportation brokerage company in Memphis, Tenn. in 2020. BBF Global started as a freight brokerage provider with full truckload shipping for its more than 100 customers. And while freight is the focal point of BBF Global, Folk continues to make strategic business decisions to grow the company, meet industry demands and cater to customers' needs. About Armstrong Relocation & Companies A family-owned company, Armstrong Relocation was founded as a single operating company based in Memphis, Tenn. in 1957 and has since grown to be an industry-leading provider of moving, relocation and supply chain solutions. With 31 owned-locations, over 400 drivers, 1,400 employees and more than three million square feet of warehouse space, Armstrong's current services include residential and commercial relocation and storage, international freight forwarding, domestic transportation management, logistics and warehousing. For more information about Armstrong visit ArmstrongRelocation.com.

Read More

MANAGEMENT

Dexter, a Subsidiary of DexKo Global Inc., Acquires HiSpec Wheel & Tire, Inc.

DexKo Global Inc | March 16, 2022

DexKo Global Inc., the global leader in highly engineered trailer running gear, chassis assemblies, and related components, announces that its wholly-owned subsidiary, Dexter Axle Company ("Dexter") has acquired HiSpec Wheel & Tire, Inc. ("HiSpec") located in Mishawaka, IN. Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires, and related accessories to the RV, trailer and transportation industries. The company has earned a reputation for offering the safest and most innovative wheel & tire assemblies in the industry, while providing the highest level of customer service and satisfaction. Dexter, headquartered in Elkhart, Indiana, employs over 3,800 people in the U.S. and Canada and operates 18 manufacturing facilities and over 30 company-owned distribution locations. Founded in 1960, Dexter has built a reputation as a trusted brand serving utility trailer, recreational vehicle, marine, heavy-duty, agricultural, specialty equipment manufacturers and distribution partners. "Uniting Dexter and HiSpec allows us to offer a more comprehensive line of safety related towing products to all our customers and business partners. We are very excited to bring the HiSpec team into the Dexter family while providing an improved product offering to our valued customers," states Adam Dexter, President and CEO of Dexter. "I am excited to welcome the HiSpec team into the Dexter family. We continue to see opportunity to improve our ability to offer even better products and service to our customers through our distribution and direct channels," adds Fred Bentley, CEO of DexKo Global. "HiSpec fits very well within our strategy, and we expect to see significant benefit to the combined business. We continue to demonstrate our ability to effectively acquire complementary companies and integrate them." "We have worked with Dexter for twenty years, I feel very comfortable that we are passing the baton to a team with great integrity and experience. It will be gratifying to see DexKo take HiSpec to the next level in the years to come." -Brad Richards, President and Founder of HiSpec. The team at HiSpec is thrilled to be part of the Dexter organization," states Joe Katona, General Manager of HiSpec Wheel & Tire. "Combining our resources strengthens our position and ability to provide our customers with superior and more efficient service. DexKo Global Inc. is the world's leading supplier of advanced chassis technology, chassis assemblies and related components with more than 130 years of experience in trailer and caravan components. DexKo Global was founded at the end of 2015 through the combination of Dexter and AL-KO Vehicle Technology. With its headquarters in Novi, Michigan, the company employs more than 7,000 associates with 52 production facilities and 49 distribution centers. For more information, please go to www.dexko.com.

Read More

Spotlight

Over the last decade, many companies faced extreme supply chain challenges that stretched their capabilities to the breaking point. Both the preponderance of natural disasters and huge economic swings caused extreme challenges across the supply chain. These challenges have not diminished. Supply chains, which once functioned almost on autopilot, face many dangers today in both the global and the domestic market.

Resources