Long after Webvan.com’s legendary flameout in 2001, the online grocer’s biggest problem never left Mick Mountz’s mind.
As employee No. 400 at the dot-com, he knew that it simply cost too much to fulfill online orders. Labor was the killer cost.
Ten years later, he’s solved the labor problem with his company Kiva Systems.
Kiva’s mobile-robotic fulfillment system can transforms a warehouse into a dynamic, self-organizing and self-adapting operation with its robots. Kiva uses hundreds of mobile robotic drive units to bring inventory on mobile shelves directly to workers, allowing easy and efficient access to all inventory items at all times.
Video from CNN Money after the jump.