SAN BRUNO, Calif.--(BUSINESS WIRE)--Locix, a next-generation innovator in Warehouse Spatial Intelligence (WSI) solutions today announced that MITSUI-SOKO Supply Chain Solutions (MSCS), leading global distribution and logistics company, has successfully deployed Locix�s WSI solutions in multiple facilities in Japan and Malaysia. MSCS has leveraged Locix�s SmartLPS solution to increase productivity, efficiency and safety within their warehouse reducing worker walking distance by over 23% and increasing picking efficiency by 13%. Further, Locix and MSCS have committed to a strategic collaboration to accelerate the digital transformation of logistics and supply chain by promoting Locix�s WSI solutions as part of MSCS�s new supply chain digital transformation.
According to Gartner, the Supply Chain Management Software market is already valued at over $15B per year. With this, Locix is pioneering a new category in Supply Chain Management software, �Warehouse Spatial Intelligence,� to provide spatial visibility into real-world warehouse operations as either a standalone solution or through integration with existing Supply Chain Management Software solutions such as Warehouse Management Systems (WMS).
�SmartLPS gives us unprecedented visibility into our core operations, allowing us to baseline performance, drive continuous improvement and maximize productivity,� said Takeharu Haga, Senior Vice President, MITSUI-SOKO Supply Chain Solutions. �We recognize Locix�s WSI solutions as a critical component to the digital transformation of logistics and supply chains.�
�Our WSI solutions, SmartDock and SmartLPS, give customers near real-time, historical and actionable insights into their operations, enabling them to significantly boost productivity and reduce operating expenses,� said Vik Pavate, CEO of Locix.
After the success of the initial SmartLPS trial in their facility at Prologis Park Ichikawa 3, MSCS has now expanded the deployment area in that facility to include the entire two-floor operation (20,000 sq. m.), and they recently deployed SmartLPS in another facility in Bangi, Malaysia (20,000 sq. m.).
�Our collaboration with MSCS reinforces the value proposition behind Locix�s vision for a WSI-enabled supply chain,� said Pavate. �It is truly exciting to expand our joint initiative with them through this strategic agreement.�
Being focused on warehouse and dock operations, Locix�s WSI solutions support total warehouse productivity and efficiency: SmartLPS, enables complete and continuous visibility into employee productivity, safety, forklift utilization and inventory slotting, while SmartDock provides real-time dock status and utilization analysis, helping to reduce the dock�s position as the bottleneck of the warehouse while also lowering shipping and detention costs.
About Locix
Locix develops cloud-based spatial intelligence solutions for commercial buildings, consumer homes and connected devices � digitizing the physical world. Locix solutions uniquely capture location, visual and sensor data and combine them with advanced data analytics to provide spatial awareness and enable actionable insights for automated decision making. Based in Silicon Valley, Locix is backed by leading venture and strategic investors including ID Ventures, University of Tokyo Edge Capital, Murata Manufacturing, Prologis Ventures, Daikin Industries, NTT Docomo Ventures, Sumitomo Corporation of Americas, iRobot Corp., YE Digital, Yaskawa Electric Corporation and Acer Inc.
About MITSUI-SOKO Supply Chain Solutions
MITSUI-SOKO Supply Chain Solutions, Inc. was established in April 2015 as a joint investment between MITSUI-SOKO Holdings Co., Ltd. and Sony Group Corporation. With offices in Japan, Thailand and Malaysia, we have operational know-how cultivated in the electronics industry and human resources with abundant overseas business experience and propose optimal solutions from the customer's perspective. Utilizing the high-quality operations that emphasize the site and the distribution network of the MITSUI-SOKO Group, we are developing reliable supply chain management that covers everything from parts procurement to manufacturing and sales globally.
Contacts
Matt Davidson
VP of Product and Marketing, Locix
512.289.2226
[email protected]
Mikaela Farasyn
Senior Account Executive, The Hoffman Agency
541-678-0095
[email protected]
