AutoStore launches modular dice storage system Pio

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AutoStore launched Pio, its modular storage and retrieval system geared toward small to medium-sized companies. | Supply: AutoStore

AutoStore has launched Pio, its Product In/Out warehouse automation system, in North America for the primary time. The plug-and-play model of AutoStore’s automated storage and retrieval system (ASRS) it tailor-made for small and medium-sized companies. 

Pio is a modular and scalable ASRS product that runs on commonplace plug-and-play software program that may connect with the commonest on-line retail and delivery platforms. The system is predicated on a pay-per-pick mannequin. Just like a robotics-as-a-service mannequin, customers will solely buy product bins and the frames that robots run on, whereas AutoStore owns and manages the robots, ports and software program. 

Customers pay a payment for every merchandise picked, which might decrease the preliminary funding for deployment, permitting retailers with smaller margins to entry the system. 

“We established Pio to make our know-how obtainable to smaller companies,” Mats Hovland Vikse, CEO of AutoStore, mentioned in a launch. “Solely 15% of the world’s warehouses are automated, and success operations at smaller retailers are nonetheless largely guide. Pio ranges the enjoying area in order that enterprises of all sizes can make the most of the area and value efficiencies of automated storage and distribution techniques.”

Pio is geared toward small to medium-sized retailers that promote something from attire, to sporting items, crafts and cosmetics. It doesn’t require any added labor or extra ground area to be carried out. 

“With Pio, you possibly can increase with out having to maneuver, enabling customers to run their companies nearer to prospects. We’re already seeing success with Pio techniques working at a number of high-profile retailers in Europe. Now that the system is offered in North America, we’re able to help fast-growing unbiased retailers right here as nicely,” Magne Hatteland, VP and Head of Pio, mentioned in a launch. 

AutoStore was based in 1996 and is headquartered in Nedre Vats, Norway. It at the moment operates over 1,000 techniques in over 45 international locations. The corporate went public on Euronext’s Oslo Inventory Change in October 2021. On the time, it was valued at $12.4 billion.