Through MMH staff Â·
January 7, 2022
Verity AG, a provider of autonomous indoor drone systems, announced that it had recently received a financial guarantee from the Technology Fund, a Swiss government’s climate strategy program that supports promising cleantech companies. The funds will be used to help meet the growing demand for Verity’s warehouse inventory tracking system for third-party logistics providers (3PLs), big box retailers and manufacturers in Europe and the United States.
âThe support of the Technology Fund is an important validation that the Verity system does more than improve the lives of employees and add business value,â said Verity Founder and CEO Raffaello D’Andrea. âBy removing errors and inefficiencies from the supply chain, it also has a substantial positive impact on the environment. Waste reduction is essential and urgent, and we are proud to support this effort. ”
Verity’s inventory tracking system, powered by autonomous drone technology, automates inventory checks in large warehouses and distribution centers. By enabling error-free warehouses, according to Verity, the system helps reduce CO2 emissions, especially for products that require substantial CO2e production, those that expire, or those that are made redundant due to inventory tracking errors. . Verity calculates that the savings can be the equivalent of taking up to 5,000 cars off the road for a 100,000 pallet warehouse.
January 7, 2022
Subscribe to the Supply Chain Management Review magazine!
Subscribe today. Do not miss!
Get in-depth coverage from industry experts with proven techniques to lower supply chain costs and supply chain best practice case studies.
Start your subscription today!