Presently, the company is working on pilots with such heavy hitters like Honeywell, AstraZeneca, Volvo, Dell, Nike, Amazon, DHL and a host of others. In other words, this is what resulted from just one pilot.
A couple of years ago, a $100M third-party logistics provider asked VERSES if their AI OS could improve the productivity of their “pickers” (people that pick items in the warehouse that need to be shipped.)
First, they created a digital twin of the company’s warehouse so they could see, or “map out” their inventory.
Next, they built their first APPLICATION that ran on top of the KOSM AI OPERATING SYSTEM.
As a result, WAYFINDER was born! This is “Waze for the warehouse”, which reduced the time it took an average worker in a 100,000-square-foot facility to find 20 items, from 10 minutes to under 3.
Not only that, they also optimized their warehouse so the faster-moving products would be closer to the shipping location.
So, just how valuable is this technology solution?
To put it another way, this $100M company signed a $26M contract with VERSUS. That development alone should tell you.
Consider this executive strategy, instead of going after one company at a time, they partnered with Blue Yonder, the unquestioned biggest fish in the warehouse management services pond. (and they’re in talks with the #2 and #3 players as well).
Who is Blue Yonder? Well, the world runs on their supply chain cloud. https://blueyonder.com/
Blue Yonder will now be equipped with WAYFINDER (and possibly other AI solutions) to their 3,000 clients and world’s largest retailers in 78 countries.
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