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Indoor Autonomous Drones for Inventory Management

Sponsored by FlytBase, Inc.

  • Date Tuesday, March 10, 2020
  • Time 10:30 AM - 11:15 AM
  • Location Emerging Technologies Theater
  • Type Seminar

Presented By

Kaushik Gala - CBO
FlytBase, Inc.
KAUSHIK@FLYTBASE.COM
+13367401493 (w)

Nitin Gupta - CEO
FlytBase, Inc.
nitin@flytbase.com

 

What You Will Learn

High-value activities such as inventory search, counting, reconciliation and audits can now be fully automated using drones. Drone warehouse solutions create quantitative as well as qualitative benefits for inventory counts. Margins increase due to reduction in labor, equipment and management costs. Fulfillment metrics improve due to faster cycle counts that need fewer hours of aisle closures. Revenues are enhanced due to fewer stock-outs, shorter shutdowns and lower inventory write-offs. Injuries reduce via aerial scans of hard-to-reach locations.
 

Key Takeaways

1) More than 3x faster & upto 3x cheaper versus manual counts
2) Repeatable, fully traceable, quickly auditable cycle counts
3) Payback period as short as 1 year, IRR potential of > 30% over 3 years
4) Amortization of UAV investments across multiple sites, use-cases

 

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