To remain competitive today, businesses are adopting long-tail strategies to meet soaring consumer demand for more products, smaller order sizes, and faster deliveries. A long-tail strategy boosts revenue but causes SKU proliferation. Businesses are responding by adding more workers because existing automation is designed for fast-moving products, not for slow-moving tail inventory. So far, the best value choice for managing the long tail has been to throw manual labor at it. But as the tail continues to grow, this plan has become untenable with soaring labor costs and a worker shortage that’s becoming worse every year.
IAM Robotics helps businesses offer a greater assortment of products without adding labor, filling a gap between existing automation and manual labor. This solution is powered by the Swift Product Suite. Created by IAM Robotics, Swift is the world’s first autonomous mobile manipulation robot. Swift moves through a warehouse, picking products from shelves, and transporting them like a human. The IAM Robotics solution lets businesses keep enjoying the benefits of the long tail, namely, higher profits from slow-moving products and a more loyal customer base.
Founded in 2012, the company is comprised of the best and brightest robot and automation experts, tinkerers, and problem solvers, who are laser-focused on delivering innovation and operational value that is transforming the material handling industry. IAM Robotics is based in Pittsburgh, PA, a leading hub for robotics innovation, invention, and discovery.