Boozt in R&D partnership with AutoStore and Element Logic to stay at forefront of warehouse automation
Boozt strengthens ties to automation partner AutoStore and automation service partner Element Logic with a R&D partnership to ensure continued progress in increased productivity and adoption of the latest advancements within the technology.
“We are excited to take our dedication to automation and development to the next level in cooperation with our partners since the beginning. In close cooperation we can now develop new technology in a controlled environment limiting the potential risk of adopting new and improved technology. This is also a first step in our ambition to attract service partners within ecommerce to the area to create an ecommerce supply chain cluster centred around our operations in Ängelholm”, says COO at Boozt Niels Hemmingsen.
Niels continues:
“The partnership between Boozt, AutoStore and solution provider Element Logic is a natural next step in our combined journey in constantly improving warehouse automation. Since we started the automation journey in our award-winning facility in Ängelholm back in 2017, each expansion step has confirmed that we have chosen the right technology and the right partners. Going forward, new technology will be tested in our facilities allowing us to directly affect the development of new robot technology. A key benefit for Boozt is the early access to new technology. A first example of this is the new Blackline version of the AutoStore robots that are currently running on our grid as the first site of scale in the world.”
AutoStore and Element Logic comment on the partnership:
“Being able to test innovations at one of our most progressive partners ensures that our development is market-driven. We are excited to become an even closer partner to a key early adopter of our technology”, says CEO at AutoStore Karl Johan Lier.
“Boozt has consistently pushed us to raise the bar for what is possible with the AutoStore technology. Together we have found solutions to continue increasing the capacity beyond the known limitations. We look forward to continuing down that road”, says CEO at Element Logic Dag-Adler Blakseth.
Today, Boozt has the world’s largest AutoStore instalment and once the current facility is fully utilized, it will have 500.000 bins and 500 robots giving around 2 million unique locations. By that time, a new facility, located next to the current one, will be ready and the modular capacity expansion with the AutoStore technology will continue. Element Logic has been the service partner throughout the journey, building the cubes and maintaining the robots, contributing to a 99.7% uptime and a consistent fast picking – also during expansion phases. Since implementation, the AutoStore technology has yielded both speed-to-market and productivity gains. More can be achieved going forward and the previous communicated insourcing of the robot management software is a step in that direction. This internally developed robot management system is tailormade to Boozt’s specific needs in an AutoStore cube of unparalleled size.
For additional information, please contact:
Hermann Haraldsson / Group CEO / Phone: +45 20 94 03 95 / Email: heha@boozt.com
Anders Enevoldsen / Head of IR & Corporate Comm. / Phone: +45 53 50 14 53 / Email: anen@boozt.com
The information was submitted for publication, through the agency of the contact person set out above, at 8:00 CET on 9 September 2019.
Boozt is a leading, fast-growing and profitable Nordic technology company selling fashion online. The Group generated net sales amounting to SEK 2.8 billion in 2018. Boozt offers its customers a curated and contemporary selection of fashion brands, relevant to a variety of lifestyles, mainly through its multi-brand webstore Boozt.com. The company is focused on using cutting-edge, in-house developed technology to curate the best possible customer experience. Besides Boozt.com, the company also runs the webstore Booztlet.com and retail stores Booztlet and Beauty by Boozt in Denmark. For more information, please visit booztfashion.com.
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