Alliance Entertainment to Host Investor and Analyst Tours at its Warehouse in Shepherdsville, Kentucky on Thursday, May 16, 2024

Management to Showcase 873,000 Sq Ft Warehouse including AutoStore Storage and Retrieval Technology and Sure Sort X Sortation Technology System

Management to Update Investors on Shift Toward Larger Scale Automation and Strategic Focus on Profitable Sales

PLANTATION, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will host an investor and analyst day on Thursday, May 16, 2024, from 9:30 a.m. ET to 1:45 p.m. ET at its warehouse in Shepherdsville, Kentucky, just south of Louisville.

Alliance Entertainment Executive Chairman Bruce Ogilvie, and CEO and CFO Jeff Walker will be joined by other senior management team members to provide an overview of Alliance Entertainment’s distribution of music, movies, gaming, collectibles, and consumer electronics, as well as growth strategies and strategic initiatives.

Immediately following the presentation and Q&A session, attendees will have the opportunity to tour the warehouse and learn about Alliance’s world class Consumer Direct Fulfilment (CDF) capabilities and capacity, including worldwide CDF shipping, and industry-best sortation and packaging before joining senior management for lunch.

Investors and analysts who attend the tour will see recent automation and efficiency improvements at Alliance Entertainment’s Kentucky warehouse fulfilment center that covers 873,000 sq feet and supports order fulfillment of 52 million units shipped annually across more than 325,000 unique SKUs including:

• AutoStore cube-based warehouse automated storage and retrieval system (ASRS) that harnesses the power of warehouse robots for 24/7 order fulfillment within a dense cubic layout that increases storage capacity and unlocks storage floorspace.
• Sure Sort X, a cost-saving sortation technology system that complements the five existing CD/DVD and vinyl record sorters at Alliance, giving the warehouse the ability to move away from manual sortation of larger product, specifically toys and electronics and accessories.

AutoStore maximizes space with increased storage density, improves pick time to order completion and reduces overall headcount required. The AutoStore system with its 52,000 bins and 58 Blackline robots allows Alliance the flexibility to add different product configurations and sizes into the warehouse ecosystem without having to modify the physical locations. OPEX’s technology and design using iBots allows Sure Sort X to utilize a significantly smaller footprint than traditional sortation with more destinations at a throughput rate of 2,100 units per hour.