Commerce Conversations

The Next Generation of Micro-fulfillment with Yegor Achyshkin (Instock)

Episode Summary

Yegor Anchyskin, the co-founder and CEO of Instock a company re-think micro fulfillment from the ground up. For those unfamiliar fulfillment is a core part of modern retail infrastructure and is the sub-sector where customer orders are packed, labeled, and arranged for the carrier to actually deliver to the orderer. With the influx in e-commerce and omni-channel this has been a particular difficult logistical challenge. Instock takes this to the next level by creating robot-enabled infrastructure for micro- warehouses where these events take place. Listen in for more on

Episode Notes

• Micro-fulfillment is a dynamic space that involves automated facilities, usually smaller than 10,000 square feet, for efficient order fulfillment.
• The landscape of micro-fulfillment solutions includes various goods-to-person systems that aim to optimize storage density and throughput.
• Instock is a micro-fulfillment solution that uses robots driving on the floor, ceiling, and vertical walls to maximize space utilization.
• The system is designed to be highly flexible, fitting into existing real estate, and allowing customers to try it out as a service.
• Instock's approach focuses on software complexity, simplifying the hardware, and enabling easier installations.
• The system's flexibility and lower cost compared to traditional solutions make it more accessible for retailers to deploy in various locations.
• The robots in the Instock system can operate both inside and outside the grid, enabling innovative applications and easy integration with other automation technologies.
• The unique magnetic suspension system allows the robots to move smoothly on various surfaces without the risk of falling.
• Instock is expected to be available for customers within the next six to nine months.