News and Announcements
Mobotech Project Update
- Published October 27, 2016 1:25PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
As outlined, over the past couple of months Mobotech and Magline have been carrying out demonstrations and tests, under a non-disclosure agreement (NDA), with PepsiCo in Texas.
These tests have formed part of a Pepsi corporate/national initiative called the Driver Unload Project. This is a six-sigma shaped project with goals, objectives and measures of success to determine optimal tools and processes to;
- Reduce driver fatigue. 50% of delivery time is spent walking to/from trailer.
- Reduce accidents & injuries (workman comp claims) from repetitive action and fatigue.
- Reduce unload time – efficiency and productivity gains.
The Mobot is seen as an autonomous “rideable” solution that is ideally suited to address these key “now” issues as well as take advantage of “future” technology opportunities.
The project is being led by a Pepsi LSS team and Maglines’ Director of New Product Development (NPD) has a position on that team. The Team meet again early next month at the Pepsi Knoxville distribution center to further develop the spec’s for the Mobots end effectors.
The Pepsi opportunity is a fortuitous development as we enter negotiations on the longer term contract between Mobotech and Magline. I’ll be in-touch with the outcome of these in due course.
The opportunity of course, to invest some more remains open should anyone wish to take advantage of this timely low-risk, high-return opportunity.
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