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Y3 Technologies secures Logistics category win at SBR National Business Awards 2024

It has transformed supply chain and logistics operations in the region.

Y3 Technologies has set a new standard in the logistics sector, particularly within the luxury market, clinching the Logistics category at the SBR National Business Awards 2024. This recognition comes on the heels of a revolutionary partnership with YCH Group and Tapestry Inc., a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman. This collaboration has unveiled a transformative supply chain and logistics solution across the Asia Pacific region, marking a significant milestone in the logistics industry.

The partnership has harnessed the power of advanced robotics automation and state-of-the-art systems to streamline operations, enhance efficiency, and reduce costs. Y3 Technologies' integration of Warehouse Management, Transport Management, and Order Management Systems into YCH's logistical infrastructure has redefined what is possible in the realm of luxury logistics.

This solution's impact is profound, with improved operational efficiency, accuracy, and productivity being just the tip of the iceberg. The collaboration has resulted in notable achievements such as optimised tax exemptions and faster delivery times. Real-time inventory tracking, optimal space utilisation, and impressive throughput further underscore the effectiveness of Y3's innovative approach.

The backbone of this logistical marvel is YCH’s Automated Carton Retrieval System (ACR), Automated Storage and Retrieval Systems (ASRS), and the cutting-edge Dimension and Weighing System (DWS), seamlessly combined with traditional infrastructure to create a logistics solution that is not just efficient but transformative. The integration of Y3’s avant-garde technologies such as the Warehouse Management System (Wx3), Transport Management System (Tx3), and Order Management System (Y3OMS) into this infrastructure has catapulted operational capabilities to new heights.

One of the standout achievements of this collaboration is the significant savings unlocked through the back-to-back Certificate of Origin process. By leveraging Y3’s ingenious picking rules, certain countries now enjoy tax-free exemptions on import goods, leading to quicker delivery times and further cost reductions. This strategic approach not only streamlines workflows but maximises resource efficiency and utilisation.

The DWS system exemplifies the innovation at play, providing unparalleled accuracy in capturing dimensions, weight, and volume, thereby transforming the freight process into a seamless and cost-efficient operation. This system offers strategic insights into shipping patterns and packaging optimisation, paving the way for even greater savings.

Y3’s solution boasts real-time inventory tracking precision, minimal stockouts or overstock situations, and optimal warehouse space utilisation. The Automated Carton Retrieval System, a first of its kind in Singapore, underscores Y3’s commitment to delivering unparalleled value-added solutions to the luxury fashion industry and beyond.

This end-to-end solution by Y3 Technologies is more than just a logistic strategy; it's an adaptable, future-proof system designed for global expansion, capable of meeting the dynamic needs of businesses today and tomorrow. The SBR National Business Awards 2024 recognition is a testament to Y3 Technologies’ innovation, adaptability, and forward-thinking approach in revolutionising luxury logistics solutions.

Y3 Technologies, headquartered in Singapore, is a leading provider of end-to-end supply chain and logistics solutions across 9 countries.  With a track record of implementing more than 250 solutions for over 140 major brands in the region, Y3 stands out for its seamless integration of cutting-edge technologies like IoT, AI, and B2C solutions. Leveraging IoT for real-time asset tracking and inventory monitoring ensures supply chain efficiency and transparency. Their AI-powered analytics deliver actionable insights, optimising operations and fuelling business growth. 

Additionally, Y3's B2C solutions offer personalised experiences and streamlined order fulfilment, meeting the evolving needs of consumers. Committed to pioneering advancements, Y3 Technologies leads the transformation of supply chain management with its holistic approach.

The SBR National Business Awards is presented by Singapore Business Review Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's exceptional contributions to the local business landscape in Singapore, please contact Jane Patiag at [email protected].

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