Glossary
Definitions for key terms in warehouse automation, robotics deployment, and operational economics.
A
- Automated Guided Vehicle (AGV)
- Automated guided vehicles are warehouse transport robots that follow predefined guidance paths within facilities.
- Autonomous Mobile Robot (AMR)
- Autonomous mobile robots (AMRs) are mobile robotic systems that move goods inside warehouses without fixed guidance infrastructure.
C
- Capital Expenditure (CapEx)
- Capital expenditure refers to the upfront investment required to acquire automation systems and related infrastructure.
F
- Fleet Density
- Fleet density describes how many robots operate within a warehouse environment relative to facility scale.
- Fleet Utilization
- Fleet utilization measures the proportion of time robots perform productive work compared with idle time.
G
- Goods-to-Person System
- Goods-to-person systems bring inventory to fixed picking stations using robotic storage and retrieval systems.
P
- Pick Rate
- Pick rate measures the number of items picked per worker or system during a defined time period.
R
- Robot Density
- Robot density refers to the number of robots operating within a defined warehouse area.
- Robotics-as-a-Service (RaaS)
- Robotics-as-a-Service is a pricing model where robotics systems are provided through subscription or usage-based agreements.
T
- Throughput Density
- Throughput density measures the volume of items or orders processed within a specific warehouse area.
U
- Utilization Threshold
- Utilization threshold is the minimum system activity required for automation investments to recover capital costs.
W
- Warehouse Management System Integration (WMS)
- WMS integration links warehouse automation systems with inventory management and task orchestration software.