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We invested 3.9 million euros in R&D&I, more than 3% of our turnover.

At Logisfashion, we are committed to technology and innovation as a pillar of growth, which is why we have invested 3.9 million euros in R&D&I during this financial year. A figure that represents 3.2% of our current turnover.

With this commitment that we have been making since 2017, we intend to improve the experience of our customers and employees, in addition to gaining infrastructure, equipment and partners that enable the creation of new capabilities and innovation in services.

In 2012, we started the migration of all our systems to the cloud, concluding in 2017 the Warehouse Management System LogisXP project, together with the creation of our own system, which evolved into LogisCore. As a result, we can deploy our systems all around the world thanks to the architecture of cloud systems (deployment with code) and start new operations in truly short periods of time (SaaS/PaaS/IaaS).

“Throughout its history, Logisfashion has been reinvesting between 2.8% and 3% of its turnover in technology and innovation to anticipate market demands, improving its own capabilities and the efficiency of operational and decision-making processes. Since 2012, when we began the migration of our environments to the cloud, we have not stopped enhancing the functionalities that the infrastructure and the virtual platform grant to us. Now, with the focus on several strategic lines, we are investing in cutting-edge technologies that will be deployed in the upcoming months,” says Pere Castell, our Chief Operations Officer.

Specifically, this strong investment is focused on four strategic lines. On the one hand, industrial automation with the focus on mobile robotics and infrastructure connection (IoT) to provide greater flexibility, scalability and efficiency in the operational processes of our clients. Data governance and prescriptive and predictive analytics to improve service planning, execution and delivery. The platform for integration and development of innovative end-to-end businesses (connectors, last mile delivery platform, etc.), offering clients new services that are being demanded in the market with traceability throughout the supply chain. And, finally, the digitalisation of business processes with the aim of guaranteeing efficiency, robustness and scalability, in addition to improving profitability through business intelligence and the efficiency of internal processes.

 

“The current battery of initiatives is focused on positioning Logisfashion as a leading logistics operator in technology and multiple omnichannel solutions for retail. The challenge involves not only deploying intralogistics partnering models where Logisfashion provides technology, processes, automation and control, but also the integration and management of the entire supply chain (operations at origin, transport, last mile, etc.) within our Control Tower”, explains Castell.

“All this guarantees that we have the traceability, visibility and real-time management of our clients’ products, adapting to market situations with great agility and quickly integrating innovative solutions that continue to appear in specific markets,” continues the executive.

In this sense, we are prototyping some of these solutions in various markets. The most important investment is concentrated in Spain, where we are implementing various robotic operations, either by AGVS (Goods to Person systems) or Co-bots (collaboration systems between robots and people) in order to improve the performance of our current distribution centres.

“Flexible robotisation allows us to equip ourselves with highly productive and reliable preparation systems that, unlike traditional technologies, give us total flexibility and scalability in our operations. With this, we are also capable of eliminating tasks of lower value and worse ergonomics in our centres, allowing our teams to be more productive and competitive”, says Pere Castell.

Likewise, at Logisfashion we have launched Dataplatform to address new business opportunities, through the analysis of data and the creation of a series of digitising tools that assist us in different areas and processes.

Despite the significant investment in R&D&I, we seek new resources in a co-responsible way with the administration and public research organisations, as well as in the European Next Generation Funds, aiming to triple the current investment.

With this strategy, we continue to make progress in our strategic growth plan, with which we aim to reach 150 million euros in turnover in 2023. A forecast that will allow us to increase our investment in R&D&I for the following year.
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