Riyadh - Saudi Arabia (March 12, 2024): Starlinks, a premier provider of logistics and supply chainsolutions in Saudi Arabia, is delighted to announce the signing of a Memorandumof Understanding (MoU) with IoT Squared, a distinguished leader in IoTtechnology solutions.
The strategic partnership event wasattended by key executives, including Othman D. Aldahash, CEO, IoT Squared,Saleh A. Almekbel, Chief Strategy Officer, IoT Squared, Gary Blythe, ManagingDirector, Starlinks, and Quentin Naylor, Executive Director - PerformanceExcellence, Starlinks.
The collaboration between Starlinks and IoTSquared unites the unparalleled network and data architecture of IoT Squaredwith Starlinks' extensive experience in KSA logistics. Both companies, beingSaudi-owned, proudly present a homegrown solution for the nation, aiming toestablish a robust go-to-market for smart supply chains in KSA, aligning withthe nation's Vision 2030 for logistics.
The memorandum of understanding (MoU)between Starlinks and IoT Squared underscores their commitment to innovationand efficiency in three key areas. First, they will focus on exploring andimplementing advanced technologies in warehouse automation to boost operationalefficiency. Second, joint efforts will be directed towards designing andimplementing "Smart Warehouse" solutions, integrating IoT technologyfor a seamless and intelligent warehouse environment. Lastly, the collaborationwill prioritize data optimization throughout the supply chain, utilizing dataanalytics to drive informed decisions and gain a competitive advantage in themarket.
Commenting on the collaboration, GaryBlythe, Managing Director, Starlinks said, “The MoU with IoT Squared representsan exciting partnership that introduces forward-looking logistics solutions tothe KSA market. Starlinks is enthusiastic about contributing to the growth anddevelopment 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 indemand for logistics solutions. Starlinks and IoT Squared are well-positioneddue to their combined expertise to meet this demand and play a crucial role inadvancing Saudi Arabia's logistics capabilities.”
Recognizing the importance of automation insupporting the industry's growth, Starlinks launched the first roboticsfulfillment center in Riyadh last year, situated in Agility Logistics Park.Adding to Starlinks’ 18 fulfillment centers across the KSA, the facilityencompasses a storage area of 400,000 square feet and is equipped with 254autonomous robots for picking and sorting, providing storage capacity for over12 million units. Starlinks aims to process an average of 3.6 million unitorders per month, offering market-leading flexibility, accuracy, and agility.
With a total investment exceeding SAR 100million, Starlinks championed this opportunity to address the ever-growingmarket demand and remain true to its brand promise of providing the fasteste-commerce fulfillment cycle through an omnichannel fulfillment facility.
