Japanese retail holding company Fast Retailing has entered into a strategic partnership with material handling systems firm Daifuku to enhance logistics services.
As part of the deal, both companies will work together to expand their business further in the long term, as well as share knowledge and experience with each other to reform and enhance logistics systems.
Under the partnership, both companies will develop and establish advanced automation facilities to fully automate Fast Retailing’s warehouses in Japan, as well as globally.
Fast retailing and Daifuku will also form a new team with members from both companies to plan, implement and maintain the fully automated warehouses.
Both companies will focus on a comprehensive set of measures such as design, devices, procurement of materials and specialised staff, construction, and trial operation to introduce and automate these facilities.
In addition, Fast Retailing and Daifuku will evaluate the current status of distribution, and develop new logistics systems to deliver products to customers faster.
The companies will also plan and implement new logistics systems to maximise the productivity of automation facilities.
Prior to this agreement, Fast Retailing and Daifuku worked together for the automation of the retailer’s Ariake warehouse.
Established in1984, Fast Retailing owns and operates various retail brands such as Uniqlo, GU, Theory, Comptoir des Cotonniers, Princesse tam.tam and J Brand.
The company currently operates 831 stores in Japan and 1,089 stores globally under the Uniqlo brand.