Artificial Intelligence Solves Master Data Issues

Digitec Galaxus AG, the largest online retailer in Switzerland, and Logivations GmbH, an international consulting and technology company based in Munich, concluded a cooperation to improve Digitec Galaxus products master data with the help of Logivations Artificial Intelligence Software for Goods Recognition, Counting & Measurement.

After conducting an extensive trial phase last year, in the coming weeks Logivations will install 40 workstations in the receiving area of the Digitec Galaxus distribution center in Wohlen. In addition to the engineering services to support the initial configuration and setup of the 40 workstations, Logivations also offers extended maintenance of hardware and software components.

AI based Goods Recognition, Counting and Measurement

Logivations W2MO uses neural networks running on a GPU which can be trained to “learn” certain patterns so that goods can be automatically recognized, counted, and/or measured. The process usually takes less than a second. Data can be easily transferred to any WMS using an USB- or RestFullAPI-interface.

A new technology offers new opportunities

In contrast to the use of conventional 3D scanners, Logivations’ technology can not only measure goods much faster, but also recognize them by their appearance or barcodes / QR codes. For this purpose, certain properties (e.g. the X, Y & Z dimensions of the products, as well as the weight) are recorded, the product is classified (e.g. boxed/unboxed item, irregular shape, textile, etc). All steps are done simultaneously and the user sees the result immediately. More information can be found here.

 

Nicolas Roy Appointed as Head of Industrial & Logistics at Colliers Germany

Nicolas Roy, MRICS, is joining Colliers Germany as the new head of Industrial & Logistics. He comes from Europa Capital, where he has spent the past five years managing transactions across all asset classes from the London office.

In recent years, he has focused on value-add deals and logistics investments. Prior to that, he spent six years at KPMG in the Mergers & Acquisitions – Real Estate practice.

Nicolas has an international background. He studied in Paris, London and Berlin and speaks four languages fluently. As a capital market expert with a private equity background, he is very familiar with the requirements of international investors.

Colliers intends to further consolidate and expand its leading market position in the Industrial & Logistics sector. “Colliers is the leading transaction advisor in the field of leasing and sales. It is important to dovetail this strength even better and, complemented by buy-side advisory, to provide our clients with sound advice. This applies to both national and international clients, who are currently taking a closer look at the industrial and logistics market in Germany,” says Nicolas Roy, MRICS on joining Colliers.

“Nicolas Roy will help us to provide our clients with even better interlinked advice. His internationality and experience as an international investor will enable us to expand this area even further. With an even more strategic orientation of processes and services and the strengthening of the internationality of the industrial and logistics business, we will secure further market shares for ourselves,” says Matthias Leube, CEO of Colliers Germany.

For more appointments in the logistics sector you can subscribe to Logistics Business’ newsletters here.

 

Subscribe

Get notified about New Episodes of our Podcast, New Magazine Issues and stay updated with our Weekly Newsletter.