GreyOrange was founded in 2011 by myself and my business partner, Samay. We both had a passion for AI-driven software, machine learning and robotics, so decided to combine them to solve challenges those in the fulfilment industry were facing. Our goal has always been toprovide right fitfulfilment,creating operational efficiency and giving brands the tools to meet consumer demands for immediacy. As omnichannel and eCommerce has become a priority for many retailers, it is also a priority for us to enable these operations for our customers.
The rise in eCommerce has created a need for retailers to optimise their online channels, this includes fulfilment. Withoutright fitfulfilment, retailers can’t offer next or same-day delivery, can’t guarantee when products will arrive or how long returns processes will be. Modern fulfilment demands cannot be met with technology built for a time when online channels were not a priority and5-7 dayshipping was considered fast, meaning retailers must invest in solutions that give customers what they are asking for: convenience, control and speed.
We have worked for the last 10 years to create and develop our flagship offering, the GreyMatter Fulfilment Operating System to meet the ever-changing demandsconsumers askofretailers. GreyMatter continuously solves to drive optimal decisions and rapid execution across the entire fulfilment operation, this allows our customers to adapt to peaks and troughs in demand and prepare effectively for periods of increased activity. The system combines the people in fulfilment centres with AI and robotics to drive high yield operations and create a frictionless, end-to-end performance.
How did you come up withtheidea for the company?
I met my fellow GreyOrange co-founder Samay at school. We have known each other for a long time and have worked closely forseveralyears before starting GreyOrange.We worked on a robotics team whilst in school and competed in several robotics competitions together.
At the end of our first year of college, wewereoffered an internship at the University of Louisiana which gave us the opportunity to work on some major robotics-based projects. This experience also gave us major insight into the industry andsomegreat work experience. Working on these projects was eye-opening and lots of opportunities came from this, one of which was being invited to take part in workshops at colleges across India. We were making kits for these workshops as well as building products for other companies when the ideaof starting a robotics company was first brought up by Samay. The initial concept for this was to use a combination of elegant hardware and complex software.
We thought the supply chain and fulfilment industry had lots of potential and really needed a solution that could transform how brands looked at fulfilment.I had visited warehouses and noticed that a lot could be done to optimise theoperations.From here we built our software and hardwarewith the aim to increase efficiency in fulfilment centres- the rest is history!
How has the company evolved during the pandemic?
The pandemic has caused demand for our products to surge. The rise in eCommerce caused larger order volumes than ever, and retailers were struggling. We have seen a lot more interest in omnichannel operations and questions around how retailers can achieve this. Using AI software and robotic fulfilment technology is the way to go. By combining them in operations, retailers can streamline the process and respond to consumer demands with flexibility and ease.
The supply chain and fulfilment havebeen hit hard by the pandemic, especially with staff shortages due to social distancing and peoplebeing forcedtoself-isolate. The industry has had to evolve to cope with thesechanges, us included. As fewer people were present in fulfilment centres,our robots took a larger role in a lot more fulfilment operations. This was another cause of the increase indemandfor fulfilment solutions.
What can we hope to see from GreyOrange in the future?
We are currently experiencing a period of expansion at GreyOrange, moving into the EMEA and LATAM regions. Expanding into these new territories is allowing us to offer our products to a larger audience and allow more retailers to experience the benefits ofright fit fulfilment. We believe that fulfilment technology is only at the beginning of its journey and has a lot to offer to businesses across the globe now,and inthe future.
Another one of our priorities is partnering with other experts in the industry to provide support and an all-round solution for our customers. These partnerships are supporting our move into new regions as we leverage their expertise and supply chain experience to give our customers industry-leading robotics solutions. We are very excited about these partnerships and are looking forward to developing strategic relationships with a selection of specialists in the sector around the globe.
Evolving our product offering according to consumer demands and customer needs is also something we are committed to at GreyOrange, and something we look to do continuously. We want to empower our customers so that theyare able toadapt to the changing landscape and react to their customers’ needs with agility and flexibility, whether that is optimising the returns process or responding to the demand for immediacy and same-day delivery. We want to continue to support our customers on their fulfilment journeyin the near futureand beyond.
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