Tuesday, 10 September 2019

Shopify acquires 6 River Systems

Shopify, the shopping technology developer that’s quickly becoming the anti-Amazon, has taken another step up the sales supply chain with its $450 Million acquisition of the warehouse automation and management technology developer, 6 River Systems.

The acquisition will serve to boost efficiencies among Shopify’s Fulfilment Network service, which launched in June. The acquisition gives Shopify access to the robotics experts who helped develop Amazon’s own robotics business when they were at Kiva Systems (before Amazon acquired that company).
Shopify’s fulfillment canters span California, Georgia, New Jersey, Nevada, Ohio, Pennsylvania, and Texas. The network, which is only available in early access, supports merchants that ship between 10 and 10,000 packages per day. The company hopes to eventually support between 3 and 30,000 packages per day. The 6 River Systems acquisition looks like an attempt to speed up that growth.

6 River Systems is best known for its Chuck autonomous vehicles that can move packages in warehouses. Indeed, Shopify believes that adding the robots to its fulfillment network “will increase the speed and reliability of warehouse operations by empowering on-site associates with daily tasks, including inventory replenishment, picking, sorting, and packing.”

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