Fast Retailing and Daiwa House launch joint logistics business

Fast Retailing Co and Daiwa House Industry Co on Tuesday announced the establishment of a joint logistics hub in Tokyo's Koto Ward.

The service offering encompasses the following:

• Logistics hub close to customers, for significant cost and time savings on deliveries. • Quick delivery of goods, based on real time response to store sales. • By providing a backroom-function storage service, rapid delivery of products, in a way that ensures they can immediately be displayed on the sales floor - reducing the need for on-site stock. • Manufacturing and processing services, to meet customization needs for customer products. • Functional leadership across the entire logistics process, working with stores and other delivery partners. • Center for information dissemination to customers, working with stores.

Construction is planned to commence November 15, 2014 and finish January 25, 2016. Floor space will be 112,402.87 square meters.

© Japan Today