Starlinks And IoT Squared Sign MOU To Revolutionize Smart Supply Chains In KSA
Starlinks, a premier provider of logistics and supply chain solutions in Saudi Arabia, is delighted to announce the signing of a Memorandum of Understanding (MoU) with IoT Squared, a distinguished leader in IoT technology solutions.
The strategic partnership event was attended by key executives, including Othman D. Aldahash, CEO, IoT Squared, Saleh A. Almekbel, Chief Strategy Officer, IoT Squared, Gary Blythe, Managing Director, Starlinks, and Quentin Naylor, Executive Director – Performance Excellence, Starlinks.
The collaboration between Starlinks and IoT Squared unites the unparalleled network and data architecture of IoT Squared with Starlinks’ extensive experience in KSA logistics. Both companies, being Saudi-owned, proudly present a homegrown solution for the nation, aiming to establish a robust go-to-market for smart supply chains in KSA, aligning with the nation’s Vision 2030 for logistics.
The memorandum of understanding (MoU) between Starlinks and IoT Squared underscores their commitment to innovation and efficiency in three key areas. First, they will focus on exploring and implementing advanced technologies in warehouse automation to boost operational efficiency. Second, joint efforts will be directed towards designing and implementing “Smart Warehouse” solutions, integrating IoT technology for a seamless and intelligent warehouse environment. Lastly, the collaboration will prioritize data optimization throughout the supply chain, utilizing data analytics to drive informed decisions and gain a competitive advantage in the market.
Commenting on the collaboration, Gary Blythe, Managing Director, Starlinks said, “The MoU with IoT Squared represents an exciting partnership that introduces forward-looking logistics solutions to the KSA market. Starlinks is enthusiastic about contributing to the growth and development of the logistics sector in alignment with Vision 2030.’
Othman D. Aldahash, CEO, IoT Squared added, “With 59 logistics zones planned in KSA, there is a significant growth in demand for logistics solutions. Starlinks and IoT Squared are well-positioned due to their combined expertise to meet this demand and play a crucial role in advancing Saudi Arabia’s logistics capabilities.”
Recognizing the importance of automation in supporting the industry’s growth, Starlinks launched the first robotics fulfillment center in Riyadh last year, situated in Agility Logistics Park. Adding to Starlinks’ 18 fulfillment centers across the KSA, the facility encompasses a storage area of 400,000 square feet and is equipped with 254 autonomous robots for picking and sorting, providing storage capacity for over 12 million units. Starlinks aims to process an average of 3.6 million unit orders per month, offering market-leading flexibility, accuracy, and agility.
With a total investment exceeding SAR 100 million, Starlinks championed this opportunity to address the ever-growing market demand and remain true to its brand promise of providing the fastest e-commerce fulfillment cycle through an omnichannel fulfillment facility.
