Supply Chain is Boring Episode 18
“Sure – Supply Chain is boring – except for the fact that 5 of the top 10 richest people in the world made their money in it.”
Bruce Welty has been a pioneer and visionary in automating warehouses since before the Internet. He has built, bought and sold some of the industry’s most innovative companies. He’s automated warehouses for Fortune 500s, e-Commerce startups, and even built a fulfillment company that ships more than $1 billion worth of e-Commerce orders each year. It was his direct experience with warehouses, fulfillment, and robotics that inspired him to build an entirely new solution.
Bruce Welty never wanted to build robots; Amazon.com made him do it. Starting in the 1970s, Welty, specialized in software for managing warehouses. In 2009, he shifted gears and founded Quiet Logistics, a company that used robots from Kiva Systems of North Reading to dramatically reduce warehouse operating costs. But three years later, retailing titan Amazon.com acquired Kiva, cutting off Welty’s robot supply. He saw only one hope — build his own robots.
In part 2 of this 2 part series, we sat down with warehouse technology industry veteran Bruce Welty to learn about his vision of warehouse automation, autonomous mobile robots, and Moravec’s paradox.
Bruce Welty is the Founder and Vice Chairman of Quiet Logistics. Bruce has been a pioneer and visionary in automating warehouses since before the Internet. He has built, bought and sold some of the industry’s most innovative companies. He’s automated warehouses for Fortune 500s, e-Commerce startups, and even built a fulfillment company that ships more than $1 billion worth of e-Commerce orders each year. It was his direct experience with warehouses, fulfillment, and robotics that inspired him to build an entirely new solution.
Chris Barnes is a supply chain guru, the APICS Coach, and Supply Chain Now Contributor. He holds a B.S., Industrial Engineering and Economics Minor, from Bradley University, an MBA in Industrial Psychology with Honors from the University of West Florida. He holds CPIM-F, CLTD-F and CSCP-F designations from ASCM/APICS, one of the few in the world. Barnes is a professional education instructor for the Georgia Tech Supply Chain & Logistics Institute’s Supply Chain Management (SCM) and University of Tennessee-Chattanooga Center for Professional Education certificate courses. Barnes is a supply chain advocate, visionary, and frequent podcaster and blogger at www.APICS.Coach.com. Barnes has over 27 years of experience developing and managing multiple client, engineering consulting, strategic planning and operational improvement projects in supply chain management. Connect with Chris on LinkedIn and reach out to him via email at: email@example.com.
Upcoming Events & Resources Mentioned in this Episode:
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Connect with Chris on LinkedIn: https://www.linkedin.com/in/chrisrbarnes/
Connect with Bruce on LinkedIn: https://www.linkedin.com/in/bruce-welty-6a2bb01/
60 minutes interview: https://www.youtube.com/watch?v=d8e6ZXOHolo
Dynamo podcast: https://www.dynamo.vc/podcasts/fosc-48-bruce-welty-of-quiet-3pf
Five Things to Know About Bruce Welty: https://www.bostonglobe.com/business/2016/10/28/five-things-you-should-know-about-bruce-welty/0M5RLcNnlE9pFkD1fo075M/story.html
The New Warehouse – Episode 1: https://www.thenewwarehouse.com/2019/03/10/episode-01-bruce-welty/
Demo with Bruce Welty @ Techcrunch: https://www.youtube.com/watch?v=Ul9PoIzyBjA
How Locus Robotics Plans to Build a Successor to Amazon’s KIVA: https://spectrum.ieee.org/automaton/robotics/industrial-robots/locus-robotics-warehouse-automation-robots
The Constructrr Podcast: https://open.spotify.com/episode/57gJHjVLKjIpXfVJ9xeONJ
CIO Review: https://robotics.cioreview.com/vendor/2017/locus_robotics
Supply Chain Now Ranked #3 Supply Chain YouTube Channel: https://tinyurl.com/yazfegov
Download the Q3 2020 U.S. Bank Freight Payment Index: freight.usbank.com/?es=a229&a=20
Watch the Replay of The Connected IoT Supply Chain: https://supplychainnow.com/the-connected-iot-supply-chain