Kent, Wash.-based Holman Logistics announced the formation of Holman Logistics Ventures, LLC, an entity established to identify and make venture-level investments into early-stage companies in the logistics technology space.
Among the initial investments by Holman Logistics Ventures is the venture capital-backed technology company Fulfilld. Fulfilld intelligent warehousing software applies Artificial Intelligence (AI) and Machine Learning (ML) to optimize core warehousing operations, driving tangible efficiency gain. The technology represents the first WMS to be built from the ground up with AI and ML integral to the architecture, location-awareness, and connected systems orchestration.
WMS is the critical software for operating a distribution center, directing where the product is stored in the facility, deciding where to pull product from for outbound orders, and directing all of that to the right machine at the right time, whether that machine is operated by computer Automated Guided Vehicles (AGV) or Autonomous Mobile Vehicles (AMR) or by a person using Material Handling Equipment (MHE).
Founded in 1864, Holman provides logistics support, including warehousing, manufacturing logistics, omnichannel fulfillment, and transportation services for customers in the business-to-business and business-to-consumer marketplace. In addition, the company provides services for multi-client and dedicated accounts at Holman-owned and customer locations across the United States.
FinSMEs
03/05/2023