Kiva Systems, a developer of breakthrough mobile robotic solutions for warehouse automation , announced that it is number six on the annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. The ranking is based on Kiva's impressive revenue growth as the Kiva Mobile Fulfillment System continues to be deployed by leading retailers such as Zappos.com, GAP and Diapers.com.
Kiva's approach to order fulfillment uses hundreds of mobile robotic drive units that bring inventory on movable shelves directly to workers, enabling easy and efficient access to all inventory items at all times. Elimination of operator walking and waiting enables worker productivity that is two- to four-times higher than with other automated systems. What's more, because all the system components are mobile and modular, a Kiva-equipped distribution center has unprecedented flexibility when adding new products or expanding throughput-without disrupting ongoing operations.
"The relentless growth that resulted in Kiva Systems' inclusion on the Inc. 500 reflects our truly innovative approach to fulfillment," said Mick Mountz, founder and CEO of Kiva Systems. "The scalable Kiva solution transforms the fulfillment center from a cost center into a truly optimized, competitive asset. Bottom line is that our system provides an unmatched increase in distribution center productivity for our customers."