{"id":461,"date":"2024-08-22T15:21:39","date_gmt":"2024-08-22T13:21:39","guid":{"rendered":"https:\/\/element-logic.dev08.dekodes.no\/?post_type=case&p=593"},"modified":"2024-12-16T11:10:56","modified_gmt":"2024-12-16T11:10:56","slug":"achieved-roi-on-autostore-in-record-time","status":"publish","type":"case","link":"https:\/\/element-logic.dev08.dekodes.no\/uk\/cases\/achieved-roi-on-autostore-in-record-time\/","title":{"rendered":"Achieved ROI on AutoStore in record time"},"content":{"rendered":"\n\t\t
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Achieved ROI on AutoStore in record time<\/h1>\n\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\t\t
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Electronic Components<\/a><\/div>\n\t\t\t
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After only two years, the growing company, Elektroimport\u00f8ren, achieved a return of investment (ROI) on its AutoStore system. Now, it is time to prepare for further growth.<\/p>\n\n\n

Elektroimport\u00f8ren is a supplier of all electrical equipment for both B2B and B2C segments. With an enormous growth in recent years, the turnover has gone from 20 million Euros in 2014, to 100 million Euros in the last twelve months.<\/p>\n\n\n\n

With this impressive growth, it became clear that there was a need for a new warehouse, and to streamline the existing processes. Hence in 2017, the choice to automate was made, and already two years later, Elektroimport\u00f8ren had a return on its AutoStore solution investment.<\/p>\n\n\n\n

“We have been focusing on the cost, and not increasing it in line with our turnover,” says Andr\u00e9 Swensen, Logistics Director at Elektroimport\u00f8ren.<\/p>\n\n\n\n

Compact and smart warehousing<\/strong><\/h2>\n\n\n\n

As Elektroimport\u00f8ren had already decided to expand operations with a new warehouse, it became natural to involve Element Logic in the entire construction process in order to optimise for AutoStore.<\/p>\n\n\n\n

“People think you have to build a completely new warehouse to automate with AutoStore. However, this is only a myth, and we always find a solution that suits your building and your needs,” Niklas Top Aanensen says, Key Account Manager at Element Logic Norway.<\/p>\n\n\n\n

It was a big decision for Elektroimport\u00f8ren to automate its warehouse, but with thorough guidance from Element Logic, the process went quickly, and the result was above all expectations.<\/p>\n\n\n\n

Want to know the truth about more automation myths?<\/h2>\n\n\n\n

Download our whitepaper: 8 myths about warehouse automation!<\/a><\/p>\n\n\n\n

“It hurts a little when you hear the word automation in the logistics industry in terms of risk. However, now that we have become familiar with the robot system, it is clear that AutoStore primarily is a system for compact and smart storage,” says Swensen.<\/p>\n\n\n\n

Expands the AutoStore system in 2020<\/strong><\/h2>\n\n\n\n

The growth of Elektroimport\u00f8ren does not seem to stop soon, and as a result, the decision to expand AutoStore further was made. The expansion consists of 9.600 bins, a picking tunnel, 4 port frames and 8 new robots. This is virtually twice the current system.<\/p>\n\n\n\n

“Elektroimport\u00f8ren is thinking ahead with the expansion of its AutoStore system. As it is today, there is still room for more bins, and the warehouse is thus well equipped for further growth,” says Aanensen.<\/p>\n\n\n\n

The decision to expand for future growth came after thorough discussions with experts from Element Logic.<\/p>\n\n\n\n

“Expanding AutoStore comes with costs, but by implementing a larger extension of the warehouse that provides space to grow, Elektroimport\u00f8ren saves money and time on separate expenses such as electricians and installation,” says Aanensen.<\/p>\n\n\n\n

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EXPANDS: Elektroimport\u00f8ren is preparing for further growth and is expanding its AutoStore system with 9.600 bins, a picking tunnel, 4 port frames and 8 new robots.<\/figcaption><\/figure>\n\n\n\n

ROI and growth<\/strong><\/h2>\n\n\n\n

When Elektroimport\u00f8ren first invested in AutoStore in 2017, cost and ROI were top priorities. It was estimated that it would take between three to four years before the investment was returned, but in reality, it ended up taking only two years.<\/p>\n\n\n\n

“During the planning of the extension with Elektroimport\u00f8ren in 2020, ROI was not a topic any longer. It was unquestionable,” says Aanensen.<\/p>\n\n\n\n

Take a closer look at Elektroimport\u00f8ren\u2019s AutoStore solution in this video:<\/p>\n\n\n\n

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