CEO, Starling Bank
Norwegian robotics company AutoStore provides automation-supply-chain support to global brands such as Puma, Gucci, Asda, and Ocado, allowing their warehouses to operate at speeds up to four times as fast as manual operated warehouses. The company invented and continues to pioneer dense order-fulfillment solution cube storage automation.
In December, AutoStore won first prize in the European Business Awards and has been recognized as one of Europe’s 100 digital champions, compiled by the Financial Times and Google.
“At AutoStore, creativity, innovation, and competitiveness for our customers are the core of everything we do,” Lier told Business Insider. "The Coronavirus pandemic has highlighted to many businesses existing supply-chain systems are not adequately prepared to cope with a second wave or even another crisis of this nature. With this in mind, retailers are already putting plans in place to change things off the back of this. The growing demands on existing stock and items means a lot of companies are now looking to automate and will need to do this quickly to fulfill the demand for products.”
Lier said he was seeing an emergence of micro-fulfillment centers to help support local stores fulfill demand for products and predicted, “This will soon become the norm for European businesses as well, particularly among supermarkets and food suppliers.”