Ocado Unveils New Innovations To Drive Growth

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British online supermarket Ocado has unveiled top tech innovations in a bid to boost growth.

These innovations include advanced robotic arms that automate the loading of customer orders onto delivery frames dispatch.

Others include a routing system that enables the delivery of both short lead-time orders and larger orders, a virtual distribution centre and longer lead-time orders from the same van.

Ocado’s CEO and co-founder Tim Steiner says the innovations will bring many benefits to the company.

This also means that the group and its partners can install platforms more quickly. It helps to reduce investment costs by offering innovations in simpler and highly optimized buildings.

The company has already agreed to supply its technology to supermarket groups in eight countries, including Kroger in the United States, Aeon in Japan, Casino in and Coles in Australia.

“For Ocado the game-changing capabilities… mean that we’ll be able to grow our current opportunity as well as reach new types of markets and penetrate them faster than would have been possible previously,” Steiner noted.

For more information, read the original story in Reuters.

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