HONG KONG, CHINA -�Media OutReach�-�28 February�2019�-�Kerry
Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) strives to reinforce
its commitment to technological innovation, as demonstrated by its first
Hackathon organised in February 2019, when eight teams competed at the two-day
event. Combining robotics, machine learning, and artificial intelligence, the
teams devised applications for autonomous drones to enhance operational
efficiency and accuracy.
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The
winning team was commended for its outstanding ability to bridge the gap
between innovative ideas and practical use. The competitors incorporated
innovative technological solutions including autonomous drone navigating
and computer vision in their bid to realise the theme of "Drone
Warehouse Stocktaking". Proposals to adopt advanced technologies such as Radio
Frequency IDentification (RFID) and Light Detection and Ranging (LIDAR) have
also been presented.
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The
event was a testimony of Kerry Logistics' dedication to motivating innovation
and harnessing creativity as it stepped up to the demands of the digital age.
Kerry Logistics has long embraced automation and robotics in its operation and
has recently adopted blockchain technology and Internet of Things solutions to
optimise supply chain visibility. Drone Warehouse is one of the six major
ingredients in Kerry Logistics' Warehouse 4.0 initiative for automation, which
is the key to improve efficiency amidst increasing labour cost, as well as to
enhance the capability to replicate the service level in Hong Kong globally to
fulfil customers' ever-changing demands and expectations.
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Wilson
Lee, Group Director of Information Technology, Kerry Logistics, said,
"Innovation is crucial to the logistics industry, which is all-encompassing and
essential to a wide range of business sectors from e-commerce and fashion to
manufacturing and high-tech. The utilisation of advanced technology in our
operations helps to foster business sustainability and drive long-term growth.
As we have witnessed at the Hackathon, the contestants have demonstrated their
attitude of thinking outside the box, which is what innovation is all about.
New perspectives and imagination will enable the existing operational model to
evolve and improve, allowing us to maintain our competitive edge in value
creation and disrupt the market rather than being disrupted."
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Kerry
Logistics sees the Hackathon as a major platform to explore ideas, as well as a
way to connect to the younger generations with limitless creativity, and will
continue to maintain such a platform internally and externally to push forward
the innovative mindset in all Kerry Logistics associates.
About Kerry Logistics Network Limited (Stock Code 0636.HK)
Kerry Logistics is an Asia-based, global 3PL
with the strongest network in Asia. Its core competency is providing highly
customised solutions to multinational corporations and international brands to
enhance their supply chain efficiency, reduce overall costs, and improve
response time to market. Kerry Logistics has a network covering 53 countries
and territories, and is managing 53 million sq ft of land and logistics
facilities worldwide, providing customers with high reliability and flexibility
to support their expansion and long-term growth. Kerry Logistics Network
Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a
selected Member of the Hang Seng Corporate Sustainability Index Series 2017-2018.
