(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Food & Beverage, Industrial, Investment, Ireland, Management, Marketing, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged AI logistics, customer experience, digital transformation, e-commerce logistics, fulfilment network, Goldman Sachs, home delivery innovation, IKEA, Ingka Group, Ingka Investments, Ingka Investments acquires Locus to advance IKEA’s digital logistics and last-mile delivery capabilities, Ingka Investments acquires U.S.-based logistics technology firm Locus to enhance IKEA’s global delivery capabilities, Ingka Investments expands IKEA’s digital supply chain strategy through acquisition of Locus, investment acquisition, last-mile delivery, Locus, logistics technology, Made4net, Nishith Rastogi, Parag Parekh, retail technology, route optimisation, Supply Chain Management, sustainable distribution, TaskRabbit, Tolga Öncu
(IN BRIEF) IKEA Kreativ has introduced new features to help customers in the UK, US, and Canada design personalized bedrooms for better sleep. The platform now offers room scanning, duvet and pillow combination exploration, and an AI-driven product placement engine. … Read the full press release
Posted in Business, Construction, Industrial, Management, Marketing, Netherlands, News, Retail, Technology
Tagged Better Sleep, IKEA, IKEA Kreativ, INNOVATION, Parag Parekh, Personalized Bedroom Design
(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology
Tagged AI-powered, Drones, IKEA, Ingka, inventory management, Marcus Baumgartner, Parag Parekh, partnership, safety, sustainability, Tommy Niemierowski, Warehouse Operations, well-being
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