Fast Retailing enters global partnership with two robotics startups

15 November 2019 (Last Updated December 23rd, 2019 09:24)

Japanese retail holding company Fast Retailing has entered into a strategic global partnership with Japanese robot controller manufacturer Mujin and French robotics solutions provider Exotec Solutions.

Fast Retailing enters global partnership with two robotics startups
Fast Retailing enters global partnership with two robotics startups. Credit: Mujin, Inc.

Japanese retail holding company Fast Retailing has entered into a strategic global partnership with Japanese robot controller manufacturer Mujin and French robotics solutions provider Exotec Solutions.

The agreements expand Fast Retailing’s partnership with material handlings systems provider Daifuku, entered in October last year, to enhance logistics services.

As part of the collaboration with Daifuku, automation works have started at Fast Retailing’s two warehouses in Japan and another two abroad since last year.

Fast Retailing will co-operate with Mujin to speed-up warehouse automation by installing picking robots equipped with artificial intelligence-based motion planning.

Mujin and Exotec Solutions will initially automate one facility each internationally for Fast Retailing.

The company will hire experts to lead its supply chain reforms while continuing to expand alliance with companies developing advanced technologies.

Fast Retailing group executive vice president Takuya Jimbo said: “Fast Retailing is pleased today to welcome two new partners to an alliance we created a year ago. We will draw on the outstanding ability and experience of all three partners to strengthen our supply chain by stepping up our warehouse automation and global transformation.

“Placing customers at the heart of our business means delivering the right products that meet the real needs of customers, at the right price, in the right quantities, in the right place and at the right time. This is something we aim to be the first company in the world to achieve.”