Latest Happenings in Business World
16
Sep-2019
Automated Storage and Retrieval System Market was worth USD 7.6 billion in 2019 and estimated to be growing at a CAGR of 7.8%, to reach USD 11.9 billion by 2024.
Automated Storage and Retrieval System Market Introduction:
An automated storage and retrieval system (ASRS or AS / RS) consists of a variety of computer-controlled systems that automatically place and retrieve loads from defined storage locations. Automated storage and retrieval systems (AS / RS) are typically used in applications where:
An AS / RS can be used with standard loads as well as non-standard loads, which means that each standard load can fit into a uniformly sized volume. For example, the movie containers in the Visual Defense Information Center image are stored in the contents of uniform-sized metal boxes, as shown in the image. Standard shipments simplify the processing of an item request. In addition, content inventory accuracy audits may be limited to the content of an individual metal box, rather than performing a top-down search of the entire facility for a single item.
Advantages:
INSTALLATION CONCERNS:
Automated storage and retrieval systems require significant up-front investment and ongoing financial commitment. "The maintenance of highly integrated systems requires training and experience and is not free of occasional frustrations," said Michael Wigington, Plant Engineering Division Manager. "Even the most experienced AS / RS users are struggling to cope with the changing demands of aging technology and mechanization." The cost of purchasing and implementing an automated automated storage / retrieval system is also important, since it covers everything from pre-procurement analysis to supply chain needs and procurement needs. inventory management at the actual purchase price of the equipment. and AS / RS software. In addition, experts in the use and maintenance of AS / RS systems point out that companies often have to bear significant ongoing costs for the maintenance and updating of various subsystems.
Types of AS / RS technology:
Automated storage and recovery systems are available in two main varieties: single-load AS / RS and low-load AS / RS. Some of the most popular types of AS / RS technologies include:
AS / RS unit load
Automated unit load recovery and storage systems generally handle larger loads of goods and equipment (including weights in thousands of pounds). This often means that the AS / RS technician handles and moves full or partial pallets or boxes.
AS / RS Single-Load is an excellent option when pallet storage is limited and fast recovery is essential.
AS / RS mini-load
Compared to the unit load AS / RS, the mini load AS / RS generally handles smaller product loads. Instead of full pallets, this often results in the handling of AS / RS in mini cargo, containers or cardboard boxes. These systems are sometimes referred to as "case processing" or "bag stacking" systems.
The reduced AS / RS load is particularly suitable for operations that require storage locations for a large number of SKUs, but that lack the floor space required for traditional cardboard rack shelves to provide a collection face for each SKU. AS / RS reduced load systems can also be used to cushion and release / order the product at order picking or palletizing stations, and can be used to automatically replenish order picking locations, such as performance. cardboard boxes.
Like AS / RS single-load AS / RS mini-loads, they can take many forms, including:
WRITTEN BY: Karthik Thelakula
Karthik Thelakula is a Content Writer in Market Data Forecast, one of the world’s leading research and consulting for various business domains, individuals and corporate clients