“Providing an integrated logistics system for small and mid-sized pharmaceutical companies”
Construction begins on a 17-thousand m2 logistics center in Pyeongtaek in May, which will be able to store 30 thousand pallets of medicine at once
▶ Groundbreaking ceremony for the PICO Innovation Smart Logistics Center (second from the left is CJ OliveNetworks CEO Cha In-hyok)
CJ OliveNetworks (CEO Cha In-hyok) will build a smart unmanned logistics center in Pyeongtaek for PICO Innovation (Korea Pharmaceutical Industry Cooperative, Chairman Cho Yong-jun).
PICO Innovation is a national cooperative of over 100 pharmaceutical companies in Korea. The plan is to build an automated, unmanned logistics center with a scale of 17 thousand m2 (5,000 pyeong) in the Pyeongtaek Dream-Tech Industrial Complex, thereby introducing the first innovative logistics system in the pharmaceutical industry.
This is a size that stories capable of storing 30 thousand pallets’ worth of medicine, and a maximum 20 companies can use the logistics center at the same time.
CJ OliveNetworks will provide logistics consulting for PICO Innovation and be in charge of designing and building the center, as well as operating and managing the warehouse management system (WMS).
An integrated solution of SW, facilities, and maintenance based on the strategic partnership with automation facility manufacturer Russell
▶ Bird’s-eye view of PICO Innovation Smart Logistics Center1
CJ OliveNetworks will carry the business forward with production automation facility manufacturer Russell (CEO Kwon Soon-Wook), which has been involved in a strategic partnership with the company since last year. They will establish not only the software that is to be applied to the smart logistics center but also the hardware necessary for the entire process, such as incoming and outgoing, transport, sorting, etc.
The smart logistics center will have automated facilities that can be operated without human involvement, such as autonomous transport robots, automated warehouses, unmanned delivery vehicles, semi-automatic loading and unloading facilities, shuttles, and automatic sorters, which are established by applying new DT technologies such as AI, big data, and IoT.
Introduction of an unmanned automation system using new DT technologies, anticipating effects in cost reduction and quality improvement
▶ Bird’s-eye view of PICO Innovation Smart Logistics Center2
CJ Logistics’ experience in designing and operating logistics center, combined with Russell’s experience in manufacturing automation facilities, will create a synergy, enabling PICO Innovation to be able to not only reduce logistics costs but also improve quality and reduce inventory burden by building this smart logistics center.
PICO Innovation held a groundbreaking ceremony for the center at the Pyeongtaek Dream Tech Industrial Complex on the 18th. Many important figures attended the event, such as CJ OliveNetworks CEO Cha In-hyok, PICO Innovation Chairman Cho Yong-jun, Korea Federation of SMEs Vice Chairman Kwon Hyuk-hong, Democratic Party of Korea member Kim Kyung-man, and People Power Party member Yu Eui-dong. The logistics center will be completed by June 2022. “We will create synergy by combining our experience in operating a smart logistics center with Russell’s competency in smart manufacturing facilities,” said Kim Hee-sung of NEXT Business 2 at CJ OliveNetworks. “We will be able to build an optimal smart logistics center with a differentiated, integrated solution that provides facilities, SW, and maintenance by applying new DT technologies.”