Online shopping and the Ocado model
In a video released by Mashable a revolutionary online retailer has revealed its usage of robotics.
Ocado a British online-only supermarket that delivers orders to customers straight from its warehouses are breaking new ground.
On the video an Ocado warehouse displays a system of 1,000 robots racing over a grid the size of a soccer field, filling orders and replacing stock.
The new system, which went live earlier this year, can fulfil a 50-item order in under five minutes.
Ocado claims it is modelled on the dynamics of biology.
Ocado sells what is usually found in a brick-and-mortar supermarket from meat, dairy, and produce to its own brand of home products, third-party goods, and even flowers, toys, and magazines.
Since Ocado’s entire business model was built from the ground up around online ordering and automation, it never had a retail operation to begin with.
Watch below as Mashable explore our online shopping future.
This article was originally publiushed by Eythan Halon - The Jerusalem Post on December 9 2019. ...
The Australian Competition and Consumer Commission (ACCC) says the contracts between Carlton United ...
A new major freeze-drying manufacturing facility has opened on Queensland’s Sunshine Coast.
In the current gloom brought about by a sluggish stock market and the persistence of unemployment, I...
Behind every customer question is a potential business opportunity.
Australian restaurant chain Hog’s Breath has launched a new quick-service dining concept.
When it comes to health and wellness advertising, there is an opportunity for marketers to better e...
New Roy Morgan research provides some explanation for the financial difficulties of Eagle Boys Pizza...