Fabric

Maersk and Fabric open AI-driven automated fulfillment center in Dallas

Maersk and Fabric have joined forces for a new 3,500m² automated-fulfillment center in Dallas, Texas, powered by Fabric’s advanced robotic and software technology.

The two companies expect the final preparations to be completed soon, as the site is scheduled to be fully operational this fall in support of an online B2C retailer.

According to the announcement, the new facility features an artificial intelligence (AI)-driven, automated e-commerce fulfillment solution in an urban environment that...

https://container-news.com/maersk-and-fabric-open-ai-driven-automated-fulfillment-center-in-dallas/

Will multi-robot orchestration platforms transform warehouse logistics?

With tasks such as picking, sorting, loading and unloading packages being automated more and more with the help of intelligent robots, the future of warehouse logistics could bring a lot more automation and a lot fewer humans.

Experts say the key to the supply chain warehouses and fulfillment centers of tomorrow could be an emerging technology known as multi-agent orchestration.

“When you look at multi-agent orchestration, what it does is it gives freedom for retailers to choose their own set of...

https://www.freightwaves.com/news/will-multi-robot-orchestration-platforms-transform-warehouse-logistics

Softbank backs headless commerce unicorn fabric

Faisal Masud has said that the term “headless commerce” is really not an accurate representation of what his company, fabric, provides for commerce. 

“The traditional monolithic business platforms (Oracle, SAP, etc.) are where a big box [retailer] holds many smaller boxes inside of it. So if one box broke, you broke the [entire thing],” he explained to Modern Shipper last year.

Instead, Masud likes to call his company’s approach “composable commerce” – the business logic remains separate,...

https://www.freightwaves.com/news/softbank-backs-headless-commerce-unicorn-fabric

Amazon is retail behemoth but isn’t keeping retailers up at night

The pandemic-fueled e-commerce boom is slowly starting to settle into a new normal, but for retailers, the challenges it created, and the gaps it exposed, have not disappeared. In fact, those issues, such as fulfillment capabilities, remain vexing problems in search of modern solutions.

Retail technology company Fabric surveyed 500 consumers and 200 retailers and brands for a report on the subject. “The 3 Biggest Last-Mile Challenges the Retail Industry is Facing Today” highlights these gaps and...

https://www.freightwaves.com/news/amazon-is-retail-behemoth-but-isnt-keeping-retailers-up-at-night

Why logistics’ latest unicorn is ready to break the $10B barrier

Fabric achieved logistics unicorn status, but it's not stopping there

Retail is in the midst of a metamorphosis. 

The role of the physical store is changing as consumers explore options other than in-store shopping –– according to the National Retail Federation, more than half of retailers currently offer or plan to offer a ship-from-store option, and another two-thirds currently offer or plan to offer buy online, pick up in store (BOPIS). And then there’s e-commerce, which now accounts for about 15% of all retail sales.

Increasingly, companies are spending less...

https://www.freightwaves.com/news/why-logistics-latest-unicorn-is-ready-to-break-the-10b-barrier

Moving from ‘e-commerce in a box’ to ‘composable commerce’

E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview.

In the past two weeks, both Amazon and Shopify announced quarterly earnings, and while the numbers were impressive, they still represent little more than the starting point for e-commerce’s potential....

https://www.freightwaves.com/news/moving-from-e-commerce-in-a-box-to-composable-commerce

Instacart to build warehouses in partnership with retailers

Instacart is moving beyond the store with plans to open robotic fulfillment centers for grocers to handle online orders. The grocery delivery company has announced that Fabric will provide the software and robotics for the facilities, which will start rolling out over the next 12 months, according to The Wall Street Journal.

“With the rapid adoption of online grocery shopping that’s taken place over the last year, the grocery industry has experienced an accelerated transformation that’s required...

https://www.freightwaves.com/news/instacart-to-build-warehouses-in-partnership-with-retailers

E-Commerce Revolution Powered by Robots from Israel

  • Three companies are making strides in the automated fulfillment landscape, providing a glimpse into the future of retail.
  • One of the first things that strike you when you enter eGold’s fulfillment center in the port city of Ashdod, is how quiet things are.
  • The 20,000 square meter facility, that handles thousands of items a day, taking them from the container ship they arrived on and prepping them for delivery to customers’ homes is eerily silent.
  • The company’s state-of-the-art facility is one...

https://mfame.guru/e-commerce-revolution-powered-by-robots-from-israel/

Fabric’s rapid rise continues with close of $43M Series A funding round

Commerce platform Fabric has announced the closing of a $43 million Series A funding round led by Norwest Venture Partners with participation from Redpoint Ventures and Sierra Ventures.

The funding round comes just over three months after Fabric closed a $9.5 million seed round at the end of October. Total funding in the company is now $53.5 million, according to Crunchbase. Redpoint led the seed round.

Fabric is a headless — meaning separating the front-end design from the back-end...

https://www.freightwaves.com/news/fabrics-rapid-rise-continues-with-close-of-43m-series-a-funding-round