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© 2018 MHI® Copyright claimed for audiovisual works and sound recordings of seminar sessions. All rights reserved. Presented by: Matt Yearling CEO, PINC DIGITAL INVENTORY Powered by Robots & Drones

DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

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Page 1: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

© 2018 MHI® Copyright claimed for audiovisual works and sound recordings of seminar sessions. All rights reserved.

Presented by:

Matt Yearling

CEO, PINC

DIGITAL INVENTORY

Powered by Robots & Drones

Page 2: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

QUESTIONS:

• What is your…

– % of Inventory in Transit vs Storage?

– % Spend on Transportation vs Warehouse?

– % Headcount of Transportation vs Warehouse?

– % of Manual Inventory Checks?

– Inventory Accuracy %?

Page 3: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

ANSWERS:

• 90% Inventory is in Storage

• 66% Spend is on Transportation

• 90% Headcount in Plants & Warehouses

• >90% Inventory Checks are done Manually

• 89% - 99% Inventory Accuracy in Warehouses

• <60% Inventory Accuracy in Stores

Page 4: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

The supply chain industry is going through a transformation

because customers’ expectations are

changing and labor is

hard to find and retain.

SOURCE: MHI AND DELOITTE

THE NEW SUPPLY CHAIN

Page 5: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

VELOCITY COMES WITH ACCURACY

Page 6: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

INVENTORY ACCURACY IS STILL A MANUAL PROCESS

Page 7: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

IDENTIFYInventory identification

using RFID, barcode, text,deep Learning computer vision

or active tag

LOCATELow cost & very robust

sensor platform topin point inventorywhereabouts in 3D

ORCHESTRATEPowerful process automation

engine requiring minimalhuman intervention

AUGMENTSimple real-time integrationto existing systems deliversincreased value to current

investments

7

AUTOMATE THE DIGITIZATION OF THE INVENTORY

Page 8: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

Facility Map

DIGITAL TRANSLATION OF PHYSICAL ENVIRONMENT

Page 9: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

Facility Map

SENSOR PLATFORMS ON MOBILE VEHICLES

Page 10: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

Facility Map

Confidence:

ALGORITHMS DETERMINE INVENTORY LOCATION

Page 11: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation
Page 12: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation
Page 13: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

Automatic, accurate, efficient, and safe inventory checks in hard to reach locations.

AERIAL ROBOTS FOR INVENTORY TRACKING

Page 14: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

➢ Autonomous Vehicles and Robots

➢ Sensor Fusion

➢ Deep-Learning Computer Vision

➢ Machine <> Human Collaboration

➢ Big Data & Artificial IntelligencePicture by Christoph Roser

INDUSTRIAL REVOLUTION 4.0

Page 15: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

WHY DRONES?

Page 16: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

16

VIDEO

Page 17: DIGITAL INVENTORY Powered by Robots & Dronescdn.modexshow.com/seminars/assets-2018/1426.pdf · 2018. 4. 25. · ANSWERS: • 90% Inventory is in Storage • 66% Spend is on Transportation

For More Information:

Speaker email: [email protected]

Website: www.pinc.com

DEMO: Theater B: Improving Inventory Accuracy with

Aerial Inventory Robots (Drones) –Thursday, April 12, 2018 @ 12:45 PM - 1:30 PM

Or visit MODEX Booth B2620