Connect with us

Business

First Australian retailer to deploy this type of robot technology

Published

on

Australia’s largest online bookstore, will be the first in the nation to roll out new autonomous robot technology

ASX-listed e-commerce retailer Booktopia has partnered with BPS Global Australia to roll out advanced automation at its distribution centre in Lidcombe, NSW.

As part of a $20 million investment in automation for Booktopia, the robots, combined with
a range of other automations, will double its product range at its 14,000 sqm distribution centre in NSW.

In the financial year to June 30, 2020, Booktopia broke all previous sales records and
reported a revenue of $165.4m, after the retailer saw a massive increase in sales as a result
of the COVID-19 online shopping boom.

Booktopia has revealed it is expecting to turnover $217m in the current (FY21) financial year.

Why improve logistics infrastructure?

Booktopia has more than five million customers and wants to invest in its logistics infrastructure to better serve consumers.


Through working with its integration partner BPS Global, Booktopia has deployed HAI
ROBOTIC’s HAIPICK solution.

Manufactured by Chinese-based Hai Robotics, the HAIPICK is the world’s first carton picking and double deep autonomous case and tote-handling system.

Booktopia will be the first business in Australia to deploy this solution.

Robots can carry cartons as well as individual totes and to bring multiple totes or cartons to pickers in one movement.

This enables Booktopia to facilitate the completion of multiple customer orders
at one pick station –greatly improving fulfilment and despatch rates for the leading retailer.

This solution has enabled Booktopia to pick, pack and despatch 60,000 units a day, up from
its previous capacity of 30,000 order a day.

According to Wayne Baskin, Chief Technology Officer at Booktopia this solution enhances
Booktopia’s entire operation.

Automation the key to keeping up with demand?

“Our key driving factor for implementing this technology was efficiency gains for picking and
put away,

“But we’re now finding improvements across our entire operation and we can pick,pack and despatch our orders significantly faster,”

Wayne Baskin, Chief Technology Officer at Booktopia said.


“By deploying this innovative robot solution, we have doubled our capacity and significantly improved our picking and put away rates. This gives us the confidence we need to continue to serve our customers,” Tony Nash, CEO at Booktopia said.

Bruce Drayton, Automation and Robotics Director at BPS Global said the HAIPICK solution provides Booktopia with an impressive 800 per cent efficiency increase.

“COVID-19 placed immense pressure on e-commerce retailers and we saw volumes reach
record heights across the entire retail landscape. We’re thrilled to work with Booktopia on
the first ever deployment of this innovative automation solution in Australia. This
investment ensures they are well-placed to meet rising demands and continue to service the
nation with its favourite books,” Malcolm Druce, Managing Partner at BPS Global said.

Business

Big tech stocks tumble amid market uncertainty

Published

on

Big tech companies are struggling in the markets this quarter as interest rates rise to battle inflation

Russia’s invasion of Ukraine has devalued tech stocks causing further supply chain disruptions and sending the broad S&P 500 index down about 5 per cent.

Rising interest rates triggered more severe plummets with the S&P dropping another 16 per cent and the Nasdaq Composite index by 22 per cent.

Tesla’s stock took a huge hit sinking to nearly 38 per cent its largest decline since 2010.

Amazon saw similar results falling by 35 per cent the most in over 20 years.

Continue Reading

Business

Google to pay millions to app developers

Published

on

App developers are accusing Google of tempting users into making in-app purchases.

The lawsuit relates to money that was made by app creators for Android smartphones.

The lawsuit was filed in a San Francisco court, where the 48,000 app developers are believed to have been affected.

“Following our win against Apple for similar conduct, we think this pair of settlements sends a strong message to big tech: the law is watching, and even the most powerful companies in the world are accountable when they stifle competition.”

Steve Berman, ATTORNEY FOR the Android developers.

Google says the settlement’s funds will support developers who have made less than USD $2 million in revenue between 2016 and 2021.

“A vast majority of U.S. developers who earned revenue through Google Play will be eligible to receive money from this fund, if they choose,” the company says.

Google says it will charge developers a 15 per cent commission on their first million in revenue.

The court is yet to approve the proposed settlement.

Continue Reading

Business

Tesla deliveries expected to fall – here’s why

Published

on

Tesla deliveries are expected to drop significantly in the second quarter, as prolonged Covid lockdowns in China and supply chain issues take their toll

The company is also struggling to ramp up its new factories, with Tesla boss Elon Musk seemingly distracted by his very public pursuit of Twitter.

Tesla has been plagued by production glitches in China and slow output growth at new factories in both Texas and Berlin.

Experts predict deliveries will slump to just over 295,000 vehicles for the second quarter.

This would be down from the company’s record of 310,000 in the preceding quarter, marking Tesla’s first quarter-on-quarter decline since 2020.

Continue Reading

Trending on Ticker

Copyright © 2022 The Ticker Company PTY LTD