Introducing FOOD-LOGI: A Game Changer in Food Inventory Management
Yoshitatsu Trading Co., Ltd., based in Meguro, Tokyo, has unveiled a groundbreaking inventory management DX system named
FOOD-LOGI. This innovative solution is specifically designed to tackle the persistent challenges faced by food wholesalers, catering to the broader ecosystem, including restaurants, retail stores, and food manufacturers. The launch of FOOD-LOGI serves as a crucial first step in the company's mission to remodel information logistics through food.
Background of Development
The food distribution industry has encountered unprecedented challenges, notably due to the extended lead times for food manufacturers and the increase in minimum order quantities. As a result, wholesale distributors are struggling with inventory management, facing issues like overstocking and out-of-stock risks. FOOD-LOGI has been meticulously developed to address these industry-specific challenges, delivering a high-quality, effective solution.
Features of FOOD-LOGI
1.
Streamlined Ordering Process: FOOD-LOGI automatically detects inventory levels that fall below reorder points and can generate ordering data instantly based on suppliers. This significantly alleviates reliance on individual expertise and enables a dramatic increase in efficiency.
2.
Standardized Ordering Procedures: The system removes dependency on experience or intuition, allowing anyone to place orders with consistent accuracy. This capability is vital in a workforce increasingly strained by labor shortages.
3.
Dramatically Improved Inventory Efficiency: The system suggests alternative products when shortages occur, allowing for optimal lot combinations. It also includes detailed shipment histories and reports tailored to each customer, greatly enhancing decision-making capabilities.
Collaboration with Academic Research: A Partnership with the University of Electro-Communications
In the development of FOOD-LOGI, Yoshitatsu Trading has partnered with the University of Electro-Communications to advance demand forecasting models. While the current version already effectively addresses industry challenges, integrating academic insights will further enhance capabilities. Future enhancements are planned to include:
- - Dynamic optimization of reorder points through AI-driven demand forecasts.
- - Automated suggestions for optimal lot combinations to maximize inventory efficiency.
- - Algorithms designed to respond effectively to the unique demand fluctuations within the food industry.
By blending academic research with practical industry knowledge, FOOD-LOGI aims to consistently evolve, ultimately becoming the backbone infrastructure for the entire food distribution sector.
Impact of Implementation
The system has already been adopted by three food wholesalers, significantly reducing the burden on order managers and dramatically improving inventory accuracy. Its effectiveness in resolving the "lot coordination problem," previously unmanageable with traditional systems, has garnered widespread approval.
Company Overview
Yoshitatsu Trading Co., Ltd.
- - Mission: To reconstruct logistics across the food industry through improved information distribution.
- - Vision: We collaborate with a diverse array of partners, including wholesalers, retailers, restaurants, and producers, to foster development within the food sector and preserve culinary culture. We aim to redefine logistics from merely a tool for food distribution and efficiency to a comprehensive system supporting the entire food industry.
- - CEO: Masato Sakaki
Contact Information:
Inquiries and Recruitment
For more information, please contact our PR department at 03-4446-9344 or via email at
[email protected]. In addition, Yoshitatsu Trading is actively recruiting individuals in the BizDev and product development areas to expedite the reconstruction of food logistics through the FOOD-LOGI initiative. We invite those interested in transforming the future of food distribution to reach out for more details.