Vision
To be an indispensable business partner and the most valued bridge between vendors and customers by measurably contributing to their growth and profitability in a manner that is difficult to replicate or substitute.
Mission
To help retailers deploy micro-fulfillment strategies across the retail spectrum by combining robust automation equipment, robotics, and advanced execution software.
[Company Name] is led by [Founder's name], a visionary leader and an experienced professional who has xx years of experience working as a Manager in Warehouse Operations. With a passion for robotics, [Founder's name] seeks to disrupt as well as modernize order fulfillment through its technology-enabled software. Being the company's founder & CEO, he will significantly contribute to the company's success. His never-ending appetite for innovation and leadership skills will help in efficiently delivering the best results to meet the business mission and ensure the company's smooth and successful operations as well as its prosperity.
1. Consumer Demands–The interpretation of a grocery store is changing from a place to shop to a place of convenience at the right time in people's lives. Consumers, nowadays, have become increasingly impatient waiting on their stuff to be delivered. They want it now. Moreover, they expect online retailers to offer a seemingly unlimited variety of products along with quick ordering and free delivery.
Solution–By adopting the company's automated micro fulfillment centers close to where buyers live and work, retailers can meet the expectations of convenience for customers while reducing fulfillment costs. By leveraging predictive and real-time data regarding orders, inventory, shipping windows, and resources, the company will orchestrate how workers and robots work together to fulfill the right orders at the right time.
2. Click-and-collect complexities – Efficiently fulfilling BOPIS (buy-online-pickup-in-store) service levels have proved problematic and unprofitable for grocers and big-box retailers alike. Food retailers incur a loss of $5–$15 on every manually picked online grocery order, while store aisles filled with click-and-collect order pickers create unpleasant shopping experiences.
Solution –The Company's micro fulfillment centers will follow the approach that supports a hub & spoke distribution model along a regional distribution center, as the hub & multiple spokes are located close to urban population centers. This will help shorten the distance for last-mile or last-hour delivery while supporting in-store pickup for retailers offering BOPIS fulfillment models.
As per the latest survey by the National Retail Federation, 42% of retailers expressed that fast fulfillment of online orders was their top priority. The Company will offer highly automated fulfillment centers that will place small-scale warehouse facilities in highly populated urban locations that are close to the consumer to improve the delivery times, thus providing the agility to meet the demand for faster fulfillment of online orders. As the distance to customers' homes is reduced, businesses that operate via an online delivery model can capitalize on the company's automated micro-fulfillment centers to reduce the costs of last-mile delivery. The Company will combine localized warehousing with the efficiency of automation – from order receipt to picking, packing, and same-day delivery. Moreover, with the help of state-of-the-art technologies like Artificial Intelligence (AI) and analytics, the company will help retailers and grocery stores boost resilience and maintain control over the shopping experience. It will also significantly reduce labor costs as operational processes from storage and order processing to dispatch planning, packing, and shipping will be digitalized.