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On and Verity Partner to Revolutionize Supply Chain with AI Drones

Author

Slice of Retail Team
June 25, 2024

Key Highlights:

  • On and Verity leverage autonomous drones for real-time inventory tracking.

  • Partnership aims to minimize stockouts, misplacements, and shrinkage.

  • Enhanced supply chain efficiency supports On’s rapid growth and sustainability goals.

  • Verity's technology reduces operational issues and CO2 emissions in warehouses.

  • Improved on-time and accurate deliveries for On's retail and e-commerce operations.

Source (Direct)

Notable Quotes:

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"We are excited to partner with Verity to transform our supply chain operations. By leveraging innovative technological solutions, we aim to improve our operations’ efficiency further, become a more sustainable brand, and take customer satisfaction to new heights."

Caspar Coppetti, Co-Founder and Executive Co-Chairman at On
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"Partnering with On, the most exciting sportswear brand in the market today, is a great opportunity to apply our shared commitment to leveraging technology to meet customer expectations. This synergy is further amplified by our highly robust systems, boasting better than 99.99% reliability rates."

Raffaello D’Andrea, Co-Founder and CEO at Verity

Our Take:

The collaboration between On and Verity marks a significant step forward in the integration of advanced AI and robotics within supply chain operations. On, known for its rapid growth and innovative sportswear, has strategically chosen Verity’s autonomous drone technology to ensure optimal inventory management and operational visibility. This partnership not only enhances On’s supply chain efficiency but also aligns with their sustainability goals by significantly reducing CO2 emissions. Verity’s proven track record in reducing operational issues and increasing labor efficiency further solidifies the potential for this collaboration to set new benchmarks in the industry. This initiative underscores the importance of embracing cutting-edge technology to maintain competitive advantage and deliver superior customer experiences.