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Supply Chain is Boring - Supply Chain Now 8th January 2021
A Discussion with Bruce Welty Part 2: 5 of the Top 10 Richest People in the World Made Their Money in SCM?
00:00:00 00:31:57

A Discussion with Bruce Welty Part 2: 5 of the Top 10 Richest People in the World Made Their Money in SCM?

Bruce Welty has been a pioneer and visionary in automating warehouses since before the Internet. He has built, bought and sold some of the industry’s most innovative companies. He’s automated warehouses for Fortune 500s, e-Commerce startups, and even built a fulfillment company that ships more than $1 billion worth of e-Commerce orders each year. It was his direct experience with warehouses, fulfillment, and robotics that inspired him to build an entirely new solution.

Bruce Welty never wanted to build robots; Amazon.com made him do it. Starting in the 1970s, Welty, specialized in software for managing warehouses. In 2009, he shifted gears and founded Quiet Logistics, a company that used robots from Kiva Systems of North Reading to dramatically reduce warehouse operating costs. But three years later, retailing titan Amazon.com acquired Kiva, cutting off Welty’s robot supply. He saw only one hope — build his own robots.

In part 2 of this 2 part series, we sat down with warehouse technology industry veteran Bruce Welty to learn about his vision of warehouse automation, autonomous mobile robots, and Moravec’s paradox.

Upcoming Events & Resources Mentioned in this Episode:

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Connect with Chris on LinkedIn: https://www.linkedin.com/in/chrisrbarnes/

Connect with Bruce on LinkedIn: https://www.linkedin.com/in/bruce-welty-6a2bb01/

60 minutes interview: https://www.youtube.com/watch?v=d8e6ZXOHolo

Dynamo podcast: https://www.dynamo.vc/podcasts/fosc-48-bruce-welty-of-quiet-3pf

Five Things to Know About Bruce Welty: https://www.bostonglobe.com/business/2016/10/28/five-things-you-should-know-about-bruce-welty/0M5RLcNnlE9pFkD1fo075M/story.html

The New Warehouse – Episode 1: https://www.thenewwarehouse.com/2019/03/10/episode-01-bruce-welty/

Demo with Bruce Welty @ Techcrunch: https://www.youtube.com/watch?v=Ul9PoIzyBjA

How Locus Robotics Plans to Build a Successor to Amazon’s KIVA: https://spectrum.ieee.org/automaton/robotics/industrial-robots/locus-robotics-warehouse-automation-robots

The Constructrr Podcast: https://open.spotify.com/episode/57gJHjVLKjIpXfVJ9xeONJ

CIO Review: https://robotics.cioreview.com/vendor/2017/locus_robotics

Supply Chain Now Ranked #3 Supply Chain YouTube Channel: https://tinyurl.com/yazfegov

Download the Q3 2020 U.S. Bank Freight Payment Index: freight.usbank.com/?es=a229&a=20

Watch the Replay of The Connected IoT Supply Chain: https://supplychainnow.com/the-connected-iot-supply-chain

This episode was hosted by Chris Barnes. For additional information, please visit our dedicated show page at: https://supplychainnow.com/supply-chain-is-boring-18.