Moves to combat rising fulfilment costs across industries
Yango debuted its AI-driven warehouse robotics mobile and pick-and-place solutions at Seamless Middle East 2024.
This launch is a part of the Yango B2B technologies ecosystem, introducing advanced solutions promising transformative benefits throughout the entire supply chain. These solutions aim to combat rising fulfilment costs, which have increasingly burdened sectors such as e-commerce, retail, logistics, and manufacturing, according to a corporate press statement.
In e-commerce, fulfilment costs represent a third of companies’ operating expenses and are on the rise – for instance, at Amazon, these costs increased from 31% of net sales in 2021 to nearly 36% in 2023. Yango solutions provide a timely remedy to these escalating expenses.
Live demonstration
For the first time, attendees experienced a live demonstration of the company’s robotics pick-and-place agnostic hardware solution, leveraging advanced computer vision to allow any off-the-shelf stationary robot to operate with human-like capabilities. It has been designed to seamlessly integrate into current warehouse configurations and achieve up to 800 picks per hour with precision of up to 99% of SKUs, the press statement continued.
The pick-and-place solution is ready for deployment across the MENA region offering substantial returns with a payback period of just two to three years. This rapid ROI is vital as businesses scale to meet the demands of a growing market, underscored by significant regional investments like Saudi Arabia’s US$ 113bn commitment to logistics and the UAE’s reinforcement of its position as a global trade hub through initiatives like the ‘Dubai Silk Road’ Strategy.
Yango will also introduce its mobile warehouse robotics solutions, including the ones for stock-taking, goods and pallets moving. These streamline inventory management and order fulfilment processes, crucial for maintaining the pace in today’s fast-moving market environments.
Navigating the warehouse
The robots can autonomously navigate the warehouse even within a dynamic setup. They work together with other machines to get tasks done faster and better. These innovations are critical as the Middle Eastern online retail sector alone is expected to reach above US$ 35,853mn by 2025, a 109% increase since 2020, reflecting the urgent need for efficient logistics solutions.
“Our new robotics pick-and-place platform, mobile warehouse robotics solutions and other technologies show Yango’s commitment to innovation and efficiency, driving significant cost reductions and operational enhancements for our clients across the region,” asserted Alexei Filippov, Head of Global Business Development, Yango Robotics.
Yango also showcased a range of other technologies for businesses at the exhibition. Attendees experienced its autonomous delivery robots, designed for efficient urban logistics, and AI-powered retail technologies, including the White Label App and AI Shelf Monitoring System.
Visitors also explored a demo store, interact with a smart camera system for real-time analytics, and understand the integration of the Warehouse Management System and Last Mile Solution.
