Ocado is going to step up robot wars: online supermarket wants to deliver groceries within two hours
Ocado is going to step up robot wars: online supermarket wants to deliver groceries within two hours
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Ocado has set out his vision for the future: robots that collect and pack groceries.
The online grocer said shoppers can choose from a supermarket range, at supermarket prices and have groceries delivered in as little as two hours.
Boss Tim Steiner lashed out at rivals, saying staff picking and delivering groceries is “terribly inefficient” and will remain “a small part” of the industry.
Robo Shoppers: Ocado said shoppers can choose from a supermarket range, at supermarket prices and get groceries delivered in as little as two hours
He said: ‘There is a small manual warehouse with a very limited range and it is subsidized initially by venture capital.
‘But to be sustainable, a supermarket has to charge a premium of about 30 percent.’
His robots, on the other hand, let shoppers choose from 50,000 products and pay comparable prices to a supermarket.
Ocado primarily offers grocery delivery to slots booked at least a day in advance.
But the robots, sliding across the grids of its warehouses and picking up items, will cut costs and the time it takes to prepare orders.
Founded in 2000, Ocado has seven warehouses in the UK. Shares were up 5.7 percent, or 81p, to 1508.5p.
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