MHI Solutions

Industry Trends

I, Co-Bot

They’re collaborative, they’re autonomous, they’re intelligent. Fast-evolving technology in robotics—now often called “co-botics”—is allowing machines to pick, pack, tug and transport in ways they haven’t in the past. Cheaper than ever, more flexible than ever, they’re offering sensible solutions to the supply chain’s increasing need for speed.

* By Amy Drew Thompson *

Valvoline. Volleyball nets. Vegan cookbooks. Viagra.

A fairly disparate set of items, save the V, but they are similar in that consumers—lots of them—order millions of these products, often online.

A recent report by Forrester projected that e-commerce is expected to grow to 17 percent of U.S. retail sales by 2022. That’s a lot of Viagra.

And the reality, says Tom Galluzzo, founder and CEO of MHI member IAM Robotics, is that there simply aren’t enough people to do all the work.

“I’ve done the math on this,” he says, referencing the steady climb of e-tail. “Retail stores are just distribution centers where customers are doing the picking for free. American spend about 40 billion hours shopping for goods. If you were to pick, pack and ship all those items, it’s the equivalent of 20 million full-time jobs. There are not enough people in the entire U.S. unemployment pool to fill that.”

But technology, it would seem, is limitless.

In today’s supply chain, robotics is fast becoming “co-botics.” Machines are not only working effectively alongside their human co-workers, picking petite pill bottles for packaging and tugging heavy, unwieldy items across warehouses, they are working collaboratively with one another. Today’s robots are liberated from the track, freewheeling units, large and small, that can self-charge, self-navigate and know the difference between a bottle of rubbing alcohol and a jar of organic honey as they hand off with precision—mechanical football players at the snap.

And they’re moving just about as fast. In some cases, at 2 meters per second.

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Emerging technologies such as IIoT, robotics and artificial intelligence provide exciting opportunities for supply chains. They also mean an exponential growth in the amount of data these supply chains generate. When properly utilized, this data can provide crucial information to improve efficiency, reduce costs, enhance transparency and customer service. But it comes with risk. The more digitized a supply chain becomes, the more it is at risk of cyberattack. Hackers are constantly finding new ways create data breaches they can exploit. The reality that most supply chains require third-party suppliers down the chain only heightens this threat. No matter the scale of your supply chain, it is essential to have solid cybersecurity processes in place to manage and mitigate the growing risk of cyberattack. That’s what this issue of MHI Solutions is all about, from cybersecurity threats in an IIoT world to dark data to the human factor in cybersecurity to blockchain as a potential solution.

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