- June 23, 2020
June 24, 2020 – ForwardX Robotics, a Beijing-based provider of AI and Robotics solutions, announced it will offer Robots-as-a-Service (RaaS) options for its collaborative mobile robots. Whilst also offering outright sale and renting options, the RaaS subscription-based model aims to encourage supply chain operations to invest in innovation by allowing them to upgrade their facilities without the large upfront investment usually associated with automation projects.
ForwardX Robotics RaaS model will offer logistics and manufacturing facilities a number of automated material handling solutions aimed at improving core processes. The ForwardX FLEX and MAX solutions are designed to optimize goods movement across the receiving, putaway, replenishment, picking, packing, and shipping processes in warehouses, as well as raw material delivery, WIP movement, and finished goods movement in manufacturing plants. Customers, such as SF DHL China, ITOCHU Logistics, and TCL, have seen wide-ranging benefits from 200%-300% increases in productivity to 50% labor cost reductions.