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Share Name | Share Symbol | Market | Type |
---|---|---|---|
XPO Inc | NYSE:XPO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.78 | 3.47% | 112.70 | 123.00 | 111.96 | 123.00 | 4,012,750 | 01:00:00 |
XPO developed Pick and Put to Light from the ground up in collaboration with technology partner Actemium Lyon Logistics, a member company of the global Actemium network dedicated to industrial process improvement. The solution uses color recognition to retrieve palletized products and route them within the warehouse, assisting employees with fulfilment processes. The technology is fully integrated with XPO’s warehouse management system.
XPO and Actemium designed Pick and Put to Light to address specific roadblocks to efficiency in logistics environments, including inefficient use of employee time and material handling vehicles and overreliance on voice communication. The system has increased productivity by 14% on average in the picking process, improved utilization of production capacity during peak periods and dramatically reduced operator training time, while enhancing speed, accuracy, control and safety.
Richard Cawston, managing director, supply chain – Europe, XPO Logistics, said, “Pick and Put to Light is an industry-first technology that improves service quality while enhancing the workplace for logistics employees. Our team was extremely proud to receive the Innovation Award for thinking beyond traditional processes and developing a truly transformative solution.”
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a highly integrated network of people, technology and physical assets in 30 countries, with 1,504 locations and approximately 100,000 employees. XPO uses its network to help more than 50,000 customers manage their goods most efficiently throughout their supply chains. XPO's corporate headquarters are in Greenwich, Conn., USA, and its European headquarters are in Lyon, France. xpo.com
Media ContactXPO Logistics, Inc.Erin Kurtz+1-203-489-1586erin.kurtz@xpo.com
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