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Tag: digitalisation

Low Carbon closes deal for 29.5MW Mörknässkogen wind farm in Finland

Low Carbon has announced that it has reached financial close on the Mörknässkogen wind farm in Finland. With a capacity of 29.5MW generated from...

Skyrocketing digitalisation is a ride no one can afford to miss

Telenor IoT has once again partnered with Northstream, an Accenture company, to identify trends for the latest edition of its IoT Prediction Report and beyond. In recent years, enterprises both large and small have evolved through digital transformation. The speed of change has been remarkable and shows no sign of slowing. In the latest edition

The post Skyrocketing digitalisation is a ride no one can afford to miss appeared first on IoT Now News - How to run an IoT enabled business.

Comment: how can the EU’s industrial policy support industry’s efforts with sustainability and decarbonisation?

Ahead of its Annual Meetings and Joint Conference with CEIR and Pneurop in Brussels this coming May, Vanni Vignoli, President of Europump, a trade association representing the European pumps industry, looks at the EU’s roadmap for industrial support Following its announcements of 5 May 2021 updating the New Industrial Strategy proposed in 2020, the European […]

Meachers shows the way for delivering digital logistics

Meachers Global Logistics welcomed industrial researchers from Cambridge University to its Southampton headquarters for... Read more »

The post Meachers shows the way for delivering digital logistics appeared first on Logistics Business® Magazine.

Invictus Margin Lending – Stable Returns in Turbulent Times

Over the past month, the price of commodities including oil, food and metals has skyrocketed. Knock-on effects of high commodity prices are well-known, including inflated manufacturing costs, and slowing economic growth. The unique phenomenon of inflated prices coupled with slowing economic growth is known as stagflation — and economists are sounding the warning bells.  Stagflation […]

Read full post Invictus Margin Lending – Stable Returns in Turbulent Times on Chaintimes.com.

WOF Summit 2022 takes place in Vienna

Visit WOF Summit 2022, the most innovative and informative logistics congress, which will take... Read more »

The post WOF Summit 2022 takes place in Vienna appeared first on Logistics Business® Magazine.

Padini Enters Partnership with XTS and Huawei Malaysia for RM1 Million Investment in Warehouse Automation Solution

KUALA LUMPUR, Mar 17, 2022 - (ACN Newswire) - XTS Technologies Sdn. Bhd. (XTS), a leading specialist in the design and build of factory automation solutions, and Huawei Technologies (M) Sdn. Bhd. (Huawei), a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has signed a Memorandum of Understanding (MoU) with Padini Dot Com Sdn. Bhd., a subsidiary of Padini Holdings Berhad (Padini, Bursa: Main, 7052) for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1 million to be delivered within one year of a confirmed order.

Top 1st row, R: Mr. Lim Chee Siong, Huawei Malaysia's VP of the Cloud and AI Business; 2nd row, L: Mr. Xteven Teoh, Managing Director of XTS and 3rd row, R: Mr. Andrew Yong, General Manager (Operations) of Padini, at the digital MoU signing ceremony.

Padini is a fashion retailer offering two multi-brand labels - Padini Concept Store with eight brands including Padini, Seed, Padini Authentics, PDI, P&Co, Miki, Vincci and Vincci Accessories, and Brands Outlet. Padini is a fashion retailer operating outlets stores in malls across Malaysia as well as Cambodia, Indonesia, Bahrain, Brunei, Myanmar, Oman, Qatar, Thailand and United Arab Emirates.

The warehouse automation solution enables Padini to use AGVs of the reach truck type to assist in warehouse inbound and outbound picking of goods from the current manual system in which the reach truck driver needs to search for the required products on pallets from numerous racks in different locations in the warehouse.

With AGV reach trucks, data stored within the Huawei cloud storage system enables the automated reach trucks to accurately pinpoint where the goods are for picking, with the reach trucks able to navigate its way automatically in the warehouse.

Managing Director of XTS, Xteven Teoh said, "We are proposing through this MoU to design and build the warehouse automation solution using AGVs that can assist and streamline Padini in its warehouse operations. This is also our first warehouse automation solution project utilising AGVs."

"The AGVs will replace Padini's two manual reach trucks and two drivers per floor in its warehouse operations. The AGVs will mitigate the risks of human error as time is saved from having to search for the required pallets and there is less risk of goods and other properties being damaged. It is overall more efficient and with consistent outcomes."

General Manager (Operation) of Padini, Andrew Yong, said, "The collaboration of this project with Huawei and XTS will certainly be a push to modernize the operations of the warehouse in relations to our push for IR 4.0 adoption in Padini. The scope of this project is a small portion of the operations with minimum units to be deployed in the warehouse. During this trial phase, we hope to achieve a better productivity, efficiency and safety. We hope that this trial will be able to prove better consistency in our warehouse throughput, saving time and maintaining or improving the throughput of our operations and the working environment in our warehouse. We will be looking forward to this collaboration."

Huawei Malaysia's Vice President of the Cloud and AI Business, Mr. Lim Chee Siong said, "It is always our goal at Huawei Cloud to dive into digitalisation and to provide Everything as a Service (XaaS). We will continue to innovate with local partners to offer cutting-edge technologies to support customer's digital transformation journey. We are proud to be chosen as the preferred cloud partner by XTS and serving Padini, this collaboration is just the beginning, and we will see more opportunities in future."

XTS Technologies: https://www.xtstech.com/
Padini Dot Com: https://www.padini.com/
Huawei: https://www.huawei.com/en/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comXTS Technologies Sdn. Bhd. (XTS) and Huawei Technologies (M) Sdn. Bhd. (Huawei) has signed a Memorandum of Understanding (MoU) with Padini Dot Com Sdn. Bhd., a subsidiary of Padini Holdings Berhad (Padini, Bursa: Main, 7052) for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1 million to be delivered within one year of a confirmed order.

Mauritius Commercial Bank in digital modernisation drive with Mobiquity

Mobiquity is helping MCB to create “a banking lifestyle app" for the bank's one million customers.

Why You Need To Know About The Ripple Effect Of The Latest Disruption

Businesses and consumers globally, but especially within Asia and the Mediterranean, are already trying to manage delays in cargo shipments coming through the Suez Canal due to the Ever Given incident. 

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