IKEA parent brings AI logistics in‑house with Locus acquisition
· Source: tlimagazine.com
In short
Ingka Group, IKEA's parent company, has acquired Locus, a U.S.-based AI logistics software provider, to bring advanced route optimization, fleet management, and real-time tracking capabilities in-house. The acquisition aims to streamline IKEA's logistics operations as e-commerce grows from 11% to 28% of total sales, promising smoother home delivery and potential annual savings of €100 million. This move gives IKEA greater control over final-mile delivery and strengthens its supply chain resilience while allowing Locus to continue serving other clients independently.
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In the issue of week 50, 2025: Agentic AI Drives Record Productivity and Real-Time Control in Supply Chains
Tags: logistics, route-optimization, fleet-management, supply-chain, e-commerce, delivery