Overview
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Founded Date January 1, 2000
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Sectors Accounting / Finance
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Posted Jobs 0
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Viewed 292
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Founded Since 2000
Company Description
Our CEO, Tim Steiner, opens our very first CFC
We’ve come a long way since this photo was taken… We were founded in 2000, and just one year later, pilot deliveries had begun. We were revolutionising a vastly competitive market, profitably moving grocery online when nobody had thought it possible. 2002 saw our delivery area increase to cover 2.2 million households, aided by the opening of our first Customer Fulfilment Centre (CFC) in Hatfield, and our first regional spoke in Weybridge.
2005 – 2006
• Our delivery area increases to cover over 10 million households
• 50,000 orders are delivered in a week for the first time
2023
• In March Kroger went live with their seventh CFC in Denver, Colorado
Looking ahead…
We are constantly innovating, constantly striving to disrupt the status quo. As a company of problem solvers, Ocado Group will continue to find unique ways to improve our OSP and expand its uses – both within and outside of retail. Our partners will always share in the technological progress that we make, allowing us to move forwards together towards our goal: to change the way the world shops for good.
Our business
Ocado Group is a pioneer in the online grocery market. At the heart of our success lies our technological know-how and unparalleled IP. We have partnered with some of the most forward-thinking, innovative grocery retailers, and together we are transforming the global grocery landscape.
What is the Ocado Smart Platform (OSP)?
OSP is our world-class end-to-end solution for operating online grocery businesses, offering maximum profitability and world-class customer offer.
Our investment case
Online is the fastest-growing grocery channel in most markets. We’re increasing our investment in innovation, to get the best for our global partners and their customers.
Explaining our technology
What makes an automated Ocado CFC?
CFC stands for Customer Fulfilment Centre. And like OSP, we supply these automated warehouses or CFCs to our grocery partners around the world.
Our use of AI achieves in seconds what’s beyond the scale of thousands of humans
We make optimisations and gain learnings in seconds, which would take many humans many hours to achieve, thanks to Artificial Intelligence or AI.
Our use of AI also reduces food waste and cuts down on emissions from delivery. Harnessing the power of AI at every step of the way puts us at the top of our game.
Always sprinting, disrupting, surprising
At Ocado Group, we’re innovators, we’re creators, and we’re problem solvers. Everything we do builds toward our mission: changing the way the world shops for good. And our driving force is our people, who come from all over the world and bring all kinds of experiences to the table.