// ROBOTICS AND SMART FACTORIES TERM

Storage

The act or place of keeping goods or materials for future use, often in a warehouse or distribution center.

Storage — illustration from Wikipedia
Image via Wikipedia

TECHNICAL DEFINITION

Storage refers to the systematic holding and preservation of raw materials, work-in-progress, or finished goods within designated facilities (e.g., warehouses, distribution centers) for varying durations, serving as a critical buffer in the supply chain to balance supply and demand.

BACKGROUND

The Fourth Industrial Revolution, also known as 4IR, Industry 4.0 or the Intelligence Age, is a neologism describing rapid technological advancement in the 21st century. It follows the Third Industrial Revolution. The term was popularized in 2016 by Klaus Schwab, the World Economic Forum founder and former executive chairman, who asserts that these developments represent a significant shift in industrial capitalism.

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SYNONYMS & ALIASES

  • Warehousing
  • Inventory Holding
  • Stockpiling
  • Keeping

USAGE NOTE

Proper storage conditions are vital for maintaining product quality and safety.

DEVELOPERS

Organizations developing technology related to Storage.

  • Daifuku Co., Ltd.

    A global leader in material handling systems, providing a wide range of automated storage and retrieval systems (AS/RS), including unit load and mini-load systems, for manufacturing and distribution centers.

  • Dematic

    A supplier of integrated automated technology and software for optimizing the supply chain. Their solutions include advanced AS/RS, palletizing systems, and the Dematic iQ warehouse management software.

  • Swisslog

    Delivers data-driven and robotic solutions for logistics automation. They design and implement advanced warehouse automation, including the AutoStore grid-based storage system and other AS/RS technologies like Vectura and PowerStore.

  • Kardex

    Specializes in dynamic storage and retrieval systems. Their products, such as vertical lift modules and vertical carousels, provide high-density automated storage for industrial and manufacturing parts management.

  • AutoStore

    The developer of a unique and highly dense cube-based automated storage and retrieval system where robots travel on top of a grid to pick and deliver bins, optimizing warehouse space and fulfillment efficiency.

  • Honeywell Intelligrated

    Provides automated material handling solutions, software, and services. Their portfolio includes AS/RS, warehouse execution systems (WES), and robotic solutions for optimizing storage and order fulfillment in industrial settings.

  • Vanderlande

    A global market leader for logistic process automation, providing automated storage, sorting, and retrieval systems for warehouses and distribution centers, including their ADAPTO shuttle-based AS/RS.

  • Exotec

    A robotics company that develops the Skypod system, a goods-to-person solution for warehouses. It uses mobile robots that can move in three dimensions, climbing racks to retrieve products and optimize storage density.

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