ETTEPLAN OYJ, Press release, May 29, 2024 at 10:00 a.m. (EEST)

Japanese company Konoike uses Etteplan's digitalization and artificial intelligence (AI) expertise in the development of its business

Japanese Konoike Transport Co. Ltd., part of the KONOIKE Group and technology service company Etteplan have signed a strategic framework agreement on cooperation. According to the agreement, Etteplan acts as Konoike's strategic partner, helping them to digitalize and develop their business and services with the help of technology solutions and artificial intelligence.

Originally founded in Japan, but today operating globally, Konoike Transport is a logistics company that offers storage and delivery services for the manufacturing industry as well as innovative operational services such as outsourced personnel solutions. The group has more than 24,000 employees and was founded in Japan in 1880.

The cooperation started with Etteplan focuses as the first project on digitalizing and optimizing the internal logistics processes of Konoike's warehouses located in Japan, such as product picking, sorting and temporary storage. Etteplan's task is to develop solutions and models based on artificial intelligence (AI)  and integrate them into Konoike's new generation cloud platform. The goal is to develop a scalable solution that can be used in all of Konoike's warehouses and distribution centers in Japan in the future. With the help of the solution, Konoike aims not only to improve cost efficiency, but also to strategically renew and optimize its internal logistics processes using new digital technology.

"The strategic cooperation agreement with Konoike is proof of the interest and innovation of Etteplan's service offering outside of our main market as well. We are happy to be able to offer our expertise to a major player like Konoike. Our role as Konoike's digitalization partner, business developer and supplier of solutions based on artificial intelligence is a very interesting opportunity for us to highlight our ability to utilize new technologies," says Juha Näkki, President and CEO of Etteplan.

"We defined our group's aspirations for 2030 vision as `People, leveraging technology to reach for new hights'. In order to achieve the vision, we have started a digital transformation journey and we see similarities between what Etteplan offers and our business digitization needs. We surveyed a very wide range of international digitalization partners and in Etteplan we found a partner who understands the possibilities of digitalization and artificial intelligence and supports the development needs of our business," says Tadatsugu Konoike, Senior Managing Executive Officer of Konoike Transport.

More information:
Juha Näkki, President and CEO, Etteplan, tel. +358 10 307 2077
Outi Torniainen, SVP Marketing and Communications, Etteplan, tel. +358 10 307 3302
Tadatsugu Konoike, Senior Managing Executive Officer, Konoike Transport Co, Ltd.,
For press inquiries, please use the inquiry form on the Contact page of the KONOIKE Group's Global website:　https://www.konoike.net/en/contact/ir_pr/

Konoike in brief (https://www.konoike.net/en)

The KONOIKE Group is a professional organization that continually challenges itself to solve society's problems and innovate, going beyond the boundaries of logistics and expanding into manufacturing, medical, airport operations, and more.