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6RS Overview RILA Conference 2018
1.
RILA 2018 February 26-28th
2018 Introduction Waltham, MA October 2015Fulfillment. Redefined.
2.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- What We Do 6 River Systems (6RS) delivers a new generation of automation and fulfillment systems for e-commerce, retail, and third party logistic operations History Founded in July 2015 by ex-Kiva Executives 10 sites deployed in US, 30 sites + 600 Chucks EOY Finalist Best New Product Promat 2017 + Modex 2018 Backing Leading venture and strategic investors Summary 2 Meet Chuck.
3.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- ▪ Very expensive ($500K/user, min of $1.5M deal) ▪ Poor (vertical) storage density ▪ Heavy customization in design and system integration ▪ No longer available (since 2014) … but it wasn’t perfect! The Kiva Story 3 ▪ Mobile robots, portable shelves, and stations ▪ Designed for e-commerce and retail operations ▪ Easy to use software, user friendly workflows ▪ Real-time fulfillment (< 15 mins) Kiva Showed Us a New Way!
4.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- ▪ Strong market opportunity o Ecomm growth accelerating ($500B+ by 2020) o Customers demand better service levels → Amazon effect o 70% of fulfillment centers are manual or lightly automated o New entrants are robot centric with no viable solution ▪ Faster and cheaper technology o Kiva was designed in 2003; required complete warehouse infrastructure change o Autonomous cars, drones, ROS, cloud services, etc. driving down costs and time to market So we decided to jump in! 4 The conditions exist for the “perfect storm”
5.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- Empower your associate - keep your best people Flexibility then productivity - maximize utilization No new infrastructure - simpler, faster, and cheaper Design Fundamentals 5 1 2 3
6.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- 2-3x productivity of cart picking at less than half the cost of traditional automation Disruptive Automation 6
7.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- Introducing Chuck! Increase Productivity 2-3x rates, brings work to the associate Accelerate Training Directed workflow, at rate within minutes Rapid Implementation No new infrastructure, go-live in 2-6 weeks Feature Rich Simplified integration, enhances legacy WMS 7
8.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- Configurability 8 ▪ Used in various operations o Ecomm o Retail o Manufacturing ▪ Flexible picking strategies
9.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- ▪ Additional capacity can be added in minutes ▪ Maps, locations, and product definitions are stored on the cloud ▪ Chuck connects to network and provisions over-the-air Scalability 9
10.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- ▪ Ecomm and retail softlines picking ▪ 40 Chucks supporting 25 pickers o 50K units / day capacity (two shifts) o 60 uph → 130+ uph ▪ Implementation timeline o Go-Live: 4 weeks o Ramp-up: 1 week o Full-volume: 1 week Example Production Site 10
11.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- Directed Workflow ▪ Chuck leads associates through every step of the process ▪ Increases utilization of people and equipment Accelerated Training ▪ Training time drops from weeks to hours ▪ Access to broader pool of seasonal hires Drop-in Replacement ▪ No warehouse infrastructure ▪ Keep existing racking and layout Leading Edge Tech ▪ Cloud-base computer grouping work through AI ▪ Autonomous car tech and machine learning used in safety 6RS Advantages 11 Compliant to ANSI b56.5 safety standard Experienced team has designed, sold, built, and deployed systems with +10,000 robots in use
12.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- Cart 6RS Conveyor Shuttle Performance 50-100 uph 120-240 uph 100-200 uph 300+ uph Training 3-4 weeks 5 minutes 2 weeks 1 week Flexibility High High Welding and drills No Aisle Width 3-4 feet 3-4 feet Varies N/A Safety Strain and Collisions ANSI b56.5 Do not touch! Unknown Investment $5-20K/user $50K/user $200K/user $400K/user Payback Baseline 12-18 months 24-36 months 36+ months Comparison 12
13.
-- Confidential. Property
of 6 River Systems, Inc. © 2018 -- ▪ Multi-mode Pick Strategies o Use strategies simultaneously o Interleave pick, replen, and counts ▪ Obstacle Identification o Machine learning identifies obstacles o Increase safety and performance ▪ Work Allocation AI o Continuously improves matching o Actively manages congestion Feature Highlights 13 Dense Picks Sparse Picks High Units Per Order Low Units Per Order Singles Batch Order Picking Batch Picking Pick and Pass
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