Shiperoo has announced a $30 million investment into high-end automation and strategic urban fulfilment locations across Australia and New Zealand.
The expansion plans include multiple locations across Australia and New Zealand, reflecting the company’s dedication to elevating fulfilment standards and boosting the circular economy.
Shiperoo, the brainchild of supply chain technology entrepreneurs, Nishan Wijemanne and Rizan Mawzoon, is reshaping the retail returns and fulfilment landscape fuelled by a technology-first approach and commitment to same-day shipping readiness.
The founders bring more than 30 years of industry experience and innovation, having previously introduced Autonomous Mobile Robots (AMRs) to many retail operations in Australia. They aim to transcend traditional third-party logistics and tackle the multi-billion-dollar challenge of retail returns.
The Shiperoo advisory board, consisting of former Myer CEO, John King, former chief operations officer of Cotton On Group, Glenn Keast and NORA founder, Paul Greenberg, brings a wealth of experience.
Shiperoo’s facilities will feature an all-encompassing tech stack consisting of robotics and the company’s proprietary software to facilitate same-day shipment readiness. It will manage end-to-end returns, providing a holistic returns service from receipt of the returns through to order validation, quality checks and instant decisions on resale, restock or recycle.
Retailers will access full visibility and analytics to monitor returns trends and improve products and stock management.
“Shiperoo was born from the desire to turn the dream of efficient, cost-effective returns management into a reality. Our investment in Australia and New Zealand is just the beginning of our journey to become the cornerstone of tech-led retail returns and multichannel fulfilment powering efficiencies and cost-savings for both physical retailers and e-commerce retailers,” Wijemanne said.
“Our proprietary AI-powered software and state-of-the-art automation are designed to revolutionise the fulfilment journey, offering unparalleled efficiency, visibility and data analysis to our retail customers,” Mawzoon added.