Lineage Celebrates 100th Patent Milestone, Reinforcing Leadership in Cold Chain Innovation
22 Août 2024 - 10:15PM
Business Wire
Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s
largest global temperature-controlled warehouse REIT, today
announced the issuance of its 100th patent, a significant milestone
that highlights the company’s achievements in innovation. Lineage’s
patent portfolio underscores the company’s commitment to
leading-edge solutions in the food supply chain, harnessing
technology to enhance efficient, safe operations and deliver value
to customers.
"Our patent philosophy is rooted in a relentless pursuit of
innovation and excellence," said Sudarsan Thattai, Chief
Information and Transformation Officer at Lineage. "Lineage’s 100
patents are remarkable achievements that highlight the
solution-oriented mindset and dedication our team exhibits every
day. Our commitment to innovation drives us to continually develop
technologies that not only enhance efficiency but advance our
ability to reduce the environmental impact of our supply chain
operations.”
Lineage’s 100th patent features a proprietary solution for
optimizing pick pallet build operations and sequencing. Known as
"Lego", this innovation solves the problem of which outbound order
line lands on which pallet and in which order. Existing warehouse
management systems can make these decisions but are often
inefficient – warehouse workers drive more than needed to put a
certain amount of product on more pallets than necessary.
Lego helps save labor, energy and time. Essentially, it can
identify the shortest route to collect outbound goods for orders
being built by human operators or robots to minimize unnecessary
travel distances. Lego also determines the ideal placement of items
on multi-SKU outbound pallets, increasing the average number of
cases per pallet. Think of it like a game of Tetris happening in
the real world and on a much larger scale. This prize in this game
is efficiency. Fitting the same quantity of goods on fewer pallets
reduces the overall number of pallets needed, resulting in fewer
trucks on the road. It’s a win for customers and the
environment.
Lego works with Lineage’s other technology and innovations to
streamline operations. The algorithm is being deployed at select
sites and is part of the LinOS system, which receives customer and
carrier information in real time to prioritize and coordinate the
thousands of tasks Lineage handles each day.
Each of Lineage’s patents like Lego represents a solution to
unique, complex problems within the cold chain. From advanced
automation to cutting-edge algorithms, these innovations enhance
the efficiency of Lineage’s operations, underscore the company’s
pledge toward achieving net-zero carbon emissions by 2040 and are
transforming the food supply chain to help feed the world.
Lineage aims to continue its innovation journey and expand the
company’s patent portfolio, focusing on areas that drive
automation, efficiency, energy management and sustainability. Learn
more at:
https://www.onelineage.com/about-us/innovation-technology.
About Lineage
Lineage, Inc. (NASDAQ: LINE) is the world’s largest global
temperature-controlled warehouse REIT with a network of over 480
strategically located facilities totaling over 84 million square
feet and approximately 3.0 billion cubic feet of capacity across
countries in North America, Europe, and Asia-Pacific. Coupling
end-to-end supply chain solutions and technology, Lineage partners
with some of the world’s largest food and beverage producers,
retailers, and distributors to help increase distribution
efficiency, advance sustainability, minimize supply chain waste,
and, most importantly, feed the world. Learn more at onelineage.com
and join us on LinkedIn, Facebook, Instagram, and X.
Forward Looking Statements:
Certain statements contained in this press release may be
considered forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Lineage intends
for all such forward-looking statements to be covered by the
applicable safe harbor provisions for forward-looking statements
contained in those acts. Such forward-looking statements can
generally be identified by Lineage’s use of forward-looking
terminology such as “may,” “will,” “expect,” “intend,”
“anticipate,” “estimate,” “believe,” “continue,” “seek,”
“objective,” “goal,” “strategy,” “plan,” “focus,” “priority,”
“should,” “could,” “potential,” “possible,” “look forward,”
“optimistic,” or other similar words. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Such statements
are subject to certain risks and uncertainties, including known and
unknown risks, which could cause actual results to differ
materially from those projected or anticipated. Therefore, such
statements are not intended to be a guarantee of Lineage’s
performance in future periods. Except as required by law, Lineage
does not undertake any obligation to update or revise any
forward-looking statements contained in this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240822909486/en/
Christina Wiese 734-608-1855 cwiese@onelineage.com
Lineage (NASDAQ:LINE)
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