GARTNER, INC.

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Delayed Nyse  -  04:03 2022-08-05 pm EDT
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Gartner® Research Presents Best Practices for Incorporating Intralogistics Smart Robots Amid Labor Shortages

06/22/2022 | 03:39am EDT

ATLANTA -- GreyOrange, a leading global provider for autonomous mobile robotic fulfillment solutions, is recognized as a Representative Intralogistics Robotics Vendor in Gartner® analyst Dwight Klappich's report, "Market Guide for Intralogistics Smart Robots."

In the report, Klappich details that:

"95% of supply chain organizations say they have invested, or plan to invest, in cyber-physical automation (CPA), and a significant percentage of these plan to use intralogistics smart robots (ISRs)."

However, prior to investing in ISRs, Klappich recommends that industry leaders should "formulate a robotics business strategy by identifying, qualifying, quantifying and documenting the value propositions for several robotics use cases."

Read the full report, compliments of GreyOrange, here.

Amid a global labor shortage, GreyOrange is serving as an industry consultant, helping company leaders deploy fulfillment solutions within 12 weeks after learning about their specific business and robotic needs, as well as how ISRs can streamline their entire fulfillment process. As referenced in the report, GreyOrange solutions that are bridging the labor shortage gap by shortening the warehouse coverage areas and minimizing bodily strain include goods-to-person picking, zone transport and sortation, vertical height utilization, person-to-goods coworking bots, heavy payload transport and robotic picking arms.

"It's important for supply chain leaders to consult with robotic experts to identify fulfillment solutions that will aid in solving their specific challenges, such as labor shortages, volatile lead times, global supply chain disturbances and rising costs," said Samay Kohli, co-founder and chief executive officer, GreyOrange. "With much of the labor force not returning to warehouse jobs, industry leaders should closely analyze their specific needs in order to enable humans and robots to work in concert to retain essential personnel, enhance productivity while reducing effort and create career paths for associates."

According to the Essential Warehouse Workers Briefing Book, most warehouse laborers work 12 hour shifts and walk between 15 and 20 miles per day, therefore demonstrating the need to preserve the human body with robots. With the right software and robots, physically demanding warehouse jobs are reimagined, with the intent to slow increasing warehouse attrition rates.

Gartner "Market Guide for Intralogistics Smart Robots" Dwight Klappich; 18 April 2022

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

For more information, visit www.greyorange.com.

Media Contact

Leah R. H. Robinson, APR

LeadCoverage

leah@leadcoverage.com

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 5 389 M - -
Net income 2022 648 M - -
Net Debt 2022 1 730 M - -
P/E ratio 2022 36,9x
Yield 2022 -
Capitalization 23 368 M 23 368 M -
EV / Sales 2022 4,66x
EV / Sales 2023 4,15x
Nbr of Employees 16 600
Free-Float 46,9%
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Number of Analysts 9
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Average target price 327,75 $
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Eugene A. Hall Chief Executive Officer & Director
Craig Warren Safian Chief Financial Officer & Executive Vice President
James C. Smith Director
Michael Diliberto Chief Information Officer & Executive VP
William Otto Grabe Independent Director
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