Jun 4, 2013
SINGAPORE, June 4, 2013 /PRNewswire/ -- Further enhancing the efficiency and reliability of its product shipments throughout Asia, Texas Instruments Incorporated (TI) (NASDAQ: TXN) today announced it has installed the AutoStore® inventory management system in its Product Distribution Center (PDC) in Singapore. This marks the first installation of AutoStore by a semiconductor company, as well as the first of its kind in Asia.
AutoStore uses state-of-the-art warehouse automation and reduces the amount of space required for inventory. Goods are stored in bins within an aluminum grid structure, and battery-driven robots move along rails on the top of the grid to store and retrieve product from the bins. The robots deliver requested goods to operator ports along the outside of the grid. TI's installation of this unique solution will include 63,000 storage bins for TI products.
"At full capacity, the AutoStore system will provide several benefits for TI's customers, including increased storage and shipping capabilities," said Jan De Meulder, director of worldwide logistics at TI. "This innovative warehouse automation system will make more inventory readily available to our customers in Asia and improve the efficiency and reliability of our shipments."
A joint effort between TI and its logistics suppliers, DHL and Swisslog, the newly automated PDC began ramping this week and will be in full production by September.
"This investment demonstrates how companies can deploy material handling solutions to significantly increase efficiency and productivity, enhance competitiveness and up-skill the jobs in the logistics operations. This is also a good example of how the logistics industry in Singapore can continue to transform itself and strengthen its position as a leading global logistics hub," said Kelvin Wong, Executive Director, Singapore Economic Development Board.
TI commissioned Swisslog to design and implement AutoStore, which includes the grid system, AutoStore software and the light goods conveyor system. An efficient storage and order picking system for single items and small cases, AutoStore is one of the most innovative offerings from Swisslog.
DHL provides complete contract logistics support at TI's PDC in Singapore and has been an integral partner through the design and implementation of AutoStore. By allowing four times the amount of product to be stored within the same footprint, the integrated design will support years of growth in this strategic PDC location.
Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping more than 100,000 customers transform the future, today. Learn more at www.ti.com.
SOURCE Texas Instruments Incorporated