How Addverb Spun The Intra-Logistics Wheel To Acquire MNCs Like ITC, Coca-Cola, & More
30 April 2019 1:20 AM GMT
Addverb provides end-to-end warehouse automation solutions and intends to disrupt the space by providing technology solutions best suited for India.
- While at Asian Paints, they realised factories in India were using automation solutions from big corporations outside India.
- These solutions had little scope of customisation as per the requirement of factories and their operations in India, thus leading to a large ramp up and commissioning time, thereby limiting the application of automation solutions to few large and mature organisations.
- Thus, to make Indian manufacturing and supply chain more competitive globally, it was imperative to make adoption of automation systems in the country and this was the opportunity which Addverb leveraged.
- The startup is developing robotics and automation solutions in India and intends to disrupt the automation space by providing cutting-edge technology solutions best suited for operations in India thus democratising automation for small businesses.
- The startup has come up in the warehousing space with solutions in mobile robotics,advanced picking technologies, automated storage system, warehouse management software, and various Industrial Internet of Things (IIoT) solutions for asset tracking with advanced analytics.
- Pallet Shuttle Robot: A material handling Robot, which is a critical component of the dense storage system for Pallet Load, that enhances the storage space utilisation by elimination of aisles and increasing the throughput of the operations.
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