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AutoScheduler Secures $6.5M Funding from Noro-Moseley Partners
Investment to Speed Technology Advancement and Accelerate Growth
Austin, TX—(July 11, 2024) –AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator, announces a $6.5M first round of funding from Noro-Moseley Partners, an early growth equity firm based in Atlanta, GA, to continue growing and expanding the company and its technologies. Prior to this round, AutoScheduler was privately funded, growing rapidly and profitably.
"We believe that now is the time for AutoScheduler to stake its claim as the leader of the warehouse orchestration space," says Vasant Kamath, General Partner, Noro-Moseley. "Warehouses are undergoing a seismic shift in the industry and are at the forefront of supply chain transformation. With the right innovative tools in place, warehouses and supply chain leaders can unlock major efficiencies and improve customer satisfaction. AutoScheduler’s AutoPilot and AutoPilot Central are the tools to do just that.” Mr. Kamath will join the Board of AutoScheduler as part of the transaction.
"Warehouse environments are constantly changing with fluctuating inventory levels, customer demands, and workforce availability, needing meticulous orchestration to meet customer service levels," says Keith Moore, CEO of AutoScheduler.AI. "We believe the industry is at the cusp of innovation with our warehouse orchestration solutions, and we plan to expand on these technologies to deliver unparalleled results for customers’ bottom lines.”
AutoScheduler intends to use the funds to enhance its AI-enabled warehouse orchestration solutions, which sit on top of a WMS, to optimize decision-making and deliver on-time and in-full fulfillment. In addition, AutoScheduler will expand its reach through strategic marketing and partnerships. It plans to grow the team, enhance the leadership team, and bring more products to market that leverage AI to enhance clients’ success.
Recently, AutoScheduler introduced AutoPilot Central, which provides a bird's-eye view of multi-site data for centralized command and control of an entire distributed warehouse network. Executives can better identify potential issues within the network, determine which shipments are at risk, and act before an issue occurs.
AutoScheduler’s solutions benefit food, beverage, retail, and CPG firms by:
• Offering Dynamic Operations: AutoScheduler’s solutions offer real-time, dynamic warehouse orchestration that continuously optimizes operations, setting it apart from traditional, static WMS (Warehouse Management System) solutions. The platform adapts to changing conditions within the warehouse, ensuring the optimal use of labor, resources, and space.
• Planning for Tomorrow: AutoScheduler’s solutions go beyond managing the current execution window to predict future bottlenecks and issues, allowing businesses to take proactive measures to ensure smooth operations and prevent disruptions.
• Offering Full-Scale Visibility: AutoScheduler’s products provide detailed, real-time operational visibility and data streams that consolidate all necessary information into a single view for a clearer, comprehensive overview of all warehouse activities.
• Excelling in complex environments: The platform handles dynamic and chaotic environments making it perfect for businesses with fluctuating demands and high operational complexity.
“Companies that use AutoScheduler to orchestrate warehouse operations, such as PepsiCo, will be viewed as innovators and will help to shape the future of how we manage the distribution landscape,” adds Moore.
About AutoScheduler.AI
AutoScheduler.AI orchestrates warehouse activities directly on top of your WMS, optimizing operations for peak performance. Developed alongside industry leaders like P&G and successfully deployed at prominent companies such as PepsiCo, Kimberly-Clark, and Unilever, our AI and Machine Learning platform seamlessly integrates with your existing systems. Focused on labor planning, inventory workflow, human-robotics interaction, and space utilization, we streamline operations, reducing travel and inventory handling while maximizing OTIF rates and labor efficiency. With prescriptive analytics driving insights, our clients harness the power to enhance efficiencies and generate value across their supply chains. Reach out to us at info@autoscheduler.ai for more information.
About Noro-Moseley
Noro-Moseley Partners is a growth equity firm backing leading entrepreneurs in B2B software and healthcare sectors. Since 1983, NMP has invested nearly $1 billion across more than 200 companies, and the managers of NMP’s current fund, Noro-Moseley Partners IX, have more than 100 years collectively of direct growth equity investing experience. Through NMP’s domain expertise, active board participation, and significant network built over decades, the firm aims to support management teams through key inflection points on their company’s growth trajectory.
Des Plaines, Illinois – Loren Swakow, Managing Director of NOBLELIFT North America, has announced his retirement effective January 31st, 2025, leaving behind a legacy of unprecedented growth, innovation, and strong relationships built over nearly a decade at the helm of the company.
Swakow joined NOBLELIFT in October 2016, tasked with the challenge of bringing an unknown brand into the highly competitive American market. At the time, NOBLELIFT had no dealer network and minimal brand recognition. Over the course of eight years, Swakow's strategic leadership and expertise have led to remarkable success, driving average annual growth of 43%. Today, NOBLELIFT is supported by a professional dealer network spanning the entire country, with sales growth consistently outpacing the industry, a true testament to Swakow’s vision and determination.
Swakow’s leadership also played a key role in expanding NOBLELIFT's footprint into Canada by helping to establish NOBLELIFT Canada. His unwavering belief in the brand and dedication to fostering partnerships were critical to this growth.
Reflecting on his tenure, Swakow remarked, “It takes a great team to do what we did in eight years, and that’s what we have—A Great Team! I have always believed in fostering open communication, creating a culture of trust, empowering individuals, leveraging diverse perspectives, and prioritizing collaboration. We have all worked very hard, and I am proud of them all.”
Swakow’s career in the material handling industry began long before his time at NOBLELIFT. He co-founded a lift truck dealership with his brother, representing brands like Komatsu, Mitsubishi, Tailift, and TCM. After decades of success, they sold the dealership and related businesses in 2012. Swakow also played a key role in the wider industry, serving as a founding member and Presidentof the Chicago Industrial Truck Dealers Association and as President of MHEDA (Material Handling Equipment Distributors Association) in 2004. His strong belief in the power of networking was critical to the formation of NOBLELIFT North America.
"MHEDA has always been the optimal association for networking," Swakow stated. "The connections and insights I gained through MHEDA were invaluable as we built NOBLELIFT North America from the ground up."
The succession plan for Swakow's role has been set, with the announcement of his successor scheduled for January 7th, 2025. Through January, Swakow will collaborate closely with his successor to ensure a smooth handover of responsibilities and to share his insights and guidance.
“We are grateful for Loren’s remarkable contributions to NOBLELIFT North America,” stated Wendy Mao, CEO at Noblelift Intelligent Equipment Co., Ltd. “His vision and passion have been instrumental in shaping our success. We are committed to building on the strong foundation he has established.”
Swakow’s dedication to excellence, his ability to inspire trust, and his relentless pursuit of success will leave a lasting impact on the material handling industry. While the company expresses enormous gratitude for his leadership, it is clear that his legacy will continue to guide NOBLELIFT on its upward trajectory.
About NOBLELIFT North America
NOBLELIFT® North America (www.nobleliftna.com) is a global leader in Lithium-iron technology. We manufacture a comprehensive range of high-performance, low-maintenance manual, electric, and internal combustion equipment with more than 200 categories and around 30 series of each product. Our products are designed to meet different application demands and are well accepted by our customers in more than 100 countries and regions in Europe, America, Asia, Africa and more. Products include: sit-down forklifts, rough terrain forklifts, narrow aisle forklifts, walkie-stackers, order pickers, electric pallet trucks, scissor lifts, tuggers/tow tractors, scrubbers, sweepers, automated guided vehicles (AGV’s), lift tables, manual pallet jacks and more. Noblelift® North America builds tough, durable products that deliver high productivity, low total cost of ownership, easy serviceability, and advanced ergonomic features; accompanied by outstanding parts, service, and training support.
For more information about our company and our products, visit www.nobleliftna.com or follow us on social media.
Grocery shoppers in Australia will soon be able to zip in and out of the store in record time, bypassing the lines for cashiers or self-checkout kiosks altogether. They can just walk in, make their selections, and walk out with their bags in hand.
The secret to this express shopping experience is the “Caper Cart,” an AI (artificial intelligence)-powered smart trolley from San Francisco-based Instacart. In its first deployment in the Asia Pacific (APAC) region, the system is being tested by Coles Supermarkets, a food and beverage retailer with more than 1,800 grocery and liquor stores throughout the country.
To get started, customers simply grab a grocery cart-sized smart trolley at the store’s entrance and begin shopping, depositing the items directly into shopping bags as they go. The Caper Carts use onboard AI, cameras, and a built-in scale to automatically recognize items as they’re added to the trolley. Customers can watch their running total display on a screen—just as if they were shopping online—then swipe their credit card on the trolley’s payment terminal to complete the purchase.
“As the first retailer in Australia to introduce AI-powered trolleys, we’re excited to offer our customers a convenient and engaging way to shop in-store, helping them save time, manage their budget, and check out faster—or at their own pace,” Coles’ chief digital officer, Ben Hassing, said in a release. “The Coles smart trolley illustrates our omnichannel approach, leveraging digital capabilities to enrich the in-store experience.”
If you’re looking to make the packaging process more eco-friendly, the obvious place to start is with the box itself. And that’s exactly what Salt Lake City-based Packsize did when it made its initial foray into sustainable packaging back in 2002. That year, the company launched its first product, an innovative on-demand packaging system designed to reduce cardboard waste (and the need for filler material) by creating a right-sized box for each shipment.
Now the company is ready for the next step: greening up the glue.
According to Packsize, 300 billion boxes around the globe are sealed using 500,000 tons of hot-melt adhesive every year, contributing significantly to global emissions generated by the paper-based packaging industry. In a bid to cut those emissions, Packsize recently teamed up with Henkel Adhesive Technologies, a unit of the German chemical and consumer goods company Henkel, to launch Eco-Pax, a bio-based hot-melt adhesive designed to lower carbon footprints without sacrificing performance.
Eco-Pax is made from bio-based raw materials, forgoing traditional fossil-based ingredients. The adhesive will soon be used on more than 340 million boxes produced annually using Packsize’s right-sized packaging machines. That single change is expected to reduce Science Based Targets Initiative (SBTi)-relevant greenhouse gas (GHG) emissions up to 32%, which is equivalent to the burning of 1.75 million pounds of coal, the partners said.
“Partnering with an innovative leader like Packsize to launch a bio-based adhesive solution is a big step toward building a more sustainable packaging value chain,” Kevin Heffernan, head of business development, North America, consumer goods adhesives, Henkel Adhesives Technologies, said in a release. “Together, we’re setting a new standard for sustainability in packaging while delivering the high-performance brands and consumers trust.”
MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.
Introduced in March 2024, Sure Sort X with Xtract is a fully adaptable, turnkey offering designed to automate multiple manual tasks with a simple, one-touch solution.
The technology handles nearly 100% of customer-sortable items weighing up to 20 pounds and sorts items into a configurable array of mixed bin sizes and types, all while maintaining a consistent throughput of up to 2,100 items per hour.
“We are excited to once again receive this recognition, which honors our warehouse automation solutions that clients around the globe count on, as well as our culture of innovation,” said Alex Stevens, President, OPEX Warehouse Automation. “Sure Sort has long been a preferred warehouse automation solution for distribution centers and third-party logistics companies. Sure Sort X paired with Xtract has been developed to meet the evolving demands of the marketplace to deliver one integrated solution that automates the sort and order takeaway process.”
When Sure Sort X is paired with Xtract, totes are retrieved and their contents are transferred into shipping containers automatically, eliminating the need to manually sort and transfer boxes downstream. Xtract iBOTs can handle up to 200 extracted totes per hour.
The system can accommodate multiple market vertical workflows and greatly reduce the need for human interface. Installation can occur in as little as one week and return on investment can be realized within just two years.
For nearly five decades, OPEX has served as a trusted partner, collaborating closely with clients to develop customized, scalable solutions that transform how they conduct business.
About OPEX
OPEX Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has nearly 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.
Columbus, OH – December 18, 2024 – Hy-Tek Intralogistics, a premier provider of software, systems and services for supply chain automation technology, has released an episode of its popular podcast Automation Insider that looks at warehousing trends for 2025.
Automation Insider is a podcast created for people interested in what is new and what is successful in logistics and automation technology across a wide range of industries.
“Warehousing is evolving faster than ever,” said Hy-Tek Intralogistics Solutions Design Lead and Automation Insider Host Joe McGrath. “Technology is no longer just a support tool—it’s becoming the driving force behind how we handle inventory, meet customer demands and tackle challenges like sustainability. As we move toward 2025, staying ahead means embracing the trends shaping the future of logistics.”
From smarter warehouses powered by AI to green logistics initiatives, Hy-Tek takes a look at the top trends transforming warehousing and why they matter for your business.
Fans of the podcast can contact show producer Amanda Powers at AutomationInsider@hy-tek.com to provide feedback and ideas for the podcast, or to become a guest on the show. You can also listen on Spotify, YouTube or Apple.
About Hy-Tek Intralogistics
Bringing unique solutions to material handling challenges, Hy-Tek is a leading end-to-end resource and automation technology integrator across a wide range of industries including manufacturing, distribution, retail, construction, food and beverage, pharmaceuticals, electronics and automotive that keep their supply chain moving seamlessly and efficiently.
Hy-Tek works with supply chain strategy and planning before integration and then leverages emerging technologies like the IntraOne® full stack software platform, robotics and traditional material handling automation to solve complex product and information flow inefficiencies. Through many hours of research, development and testing, Hy-Tek has created its Innovation Lab to present the future in motion and to show the new age of picking, transporting and storing of goods and equipment in real-time. With more than 425 employees, Hy-Tek serves customers in the United States, Canada and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania and Tennessee. For more information, visit www.hy-tek.com