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Fast Retailing, Daifuku to form logistics network

11
Oct '18
Fast Retailing, Daifuku to form logistics network
Fast Retailing and Daifuku have decided to partner to establish comprehensive logistics services over the medium to long term. The two have signed an agreement to form a strategic partnership in this connection. They will work toward business expansion for both companies over the longer term, and the provision of a sustained and stable logistics function.

The Fast Retailing Group and Daifuku, a global leader in material handling systems, established a solid relationship of mutual trust through the automation of Fast Retailing's Ariake warehouse. Based on this affiliation, the two companies will work toward further business expansion.

Fast Retailing and Daifuku will each utilise their respective wealth of knowledge and experience to reform and improve logistics systems. The two companies will carefully evaluate the current status of distribution, and develop innovative and revolutionary logistics systems in order to deliver products to customers faster.

Under the partnership agreement, Fast Retailing and Daifuku will develop and build the world's most advanced automation facilities with the aim of full automation of Fast Retailing Group brand warehouses in Japan and overseas. The two will also form a special team comprising members from both companies for the planning, implementation, and maintenance of fully automated Fast Retailing Group brand warehouses in Japan and overseas, with the aim of establishing a better logistics environment.

Fast Retailing and Daifuku will pursue a comprehensive set of measures encompassing all processes for the introduction of automation facilities, including design, devices, procurement of materials and specialised staff, construction, and trial operation, with the aim of achieving the introduction of automation in the shortest possible timeframe.

To maximise the productivity of automation facilities, Fast Retailing and Daifuku will plan and implement new logistics systems unconstrained by conventional thinking, along with the development of systems necessary to achieve it. (SV)

Fibre2Fashion News Desk – India


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