Sankyu Inc. (Head office: Chuo-ku, Tokyo), STANDAGE Inc. (Head office: Minato-ku, Tokyo), and LOZI Inc. (Head office: Naka-ku, Nagoya) have jointly launched a joint research organization called "Logistics Lab" (hereinafter "LogiLab") for the purpose of research and development of utilizing cutting-edge technology in the trade logistics industry. The organization will begin operations on June 1, 2020.

As global trade shrinks due to the impact of COVID-19, small and medium-sized enterprises are facing many challenges, including developing new sales channels to compensate for lost sales, ensuring stable logistics networks, delays in procurement from overseas and increased trade costs, supply chain traceability, and fast and flexible cash flow.

As the first step, the company will provide one-stop support for trade operations such as shipping and delivery, logistics tracking, and international payments to small and medium-sized enterprises affected by the spread of COVID-19.

LogiLab will utilize the strengths of each of the three companies and utilize cutting-edge technology to provide support in solving these issues.

• "STANDAGE" provides a digital trade payment platform based on blockchain technology
• Sankyu provides one-stop forwarding services for air and ocean transport
• LOZI provides smart barcodes that enable logistics traceability to be visualized using smartphones

 

[Recent developments]
By combining the services of the above three companies, we conducted a trade demonstration experiment between Japan and Nigeria, and confirmed that various business operations and some logistics functions could be carried out smoothly.

▼Trial image of trade settlement using digital currency

 

▼Cargo tracing information on smartphones (currently under construction)

[Future Trends]
LogiLab invites companies that share the same vision to join, and aims to contribute to the industry through regular discussions and accelerating research and development.

About Sankyu Inc.
A comprehensive logistics company founded 100 years ago. Its unique feature is that it provides comprehensive logistics services to major steel manufacturers, chemical manufacturers, automobile and electronic component manufacturers, etc., as well as engineering services such as factory maintenance and machine construction. Overseas, it operates mainly in China, Southeast Asia, and the Middle East.

■About LOZI Inc.
The company was founded in November 2018 with the theme of smart logistics. The company is developing warehouse/logistics robots with automatic transport and measurement capabilities, as well as its unique SmartBarcode® system, which can visualize the "movement of goods" using only a smartphone without disrupting the supply chain involving multiple businesses.

If you are an interested company, please feel free to contact us.

[Contact Information]
Shiba NA Building 4F, 3-6-10 Shiba, Minato-ku, Tokyo 105-0014
STANDAGE Co., Ltd.
President and CEO: Akinori Adachi
Executive Vice President/COO: Kenta Omori
Press Contact Email: info@standage.org