Sumitomo Corp, a Japanese trading house, will support Southeast Asian manufacturers to modernise their services and operations. With this, Sumitomo will become the pioneer in offering complete solutions ranging from AI integration to figuring out productivity hurdles.
The company aims to serve 600 different manufacturers of automotive and materials, among others. These manufacturers are tenants at their South Asian Industrial Park.
Last month, the Japanese company hosted a demo room at the Thang Long Industrial Park to showcase to their customers the perks of availing their services, such as AI camera installation.
Agents from Japan will consult and guide the customers to undertake digitisation to improve productivity and enhance delivery, quality, and cost. The service, which will launch in 2023, focuses mainly on software services. It also includes creating a productive system for managing inventory, efficient visualisation of equipment, and daily publication of digital reports.
In an effort to gather technical know-how, the company has been introducing a slew of digital technologies to its wide range of businesses. Sumitomo is also planning to make use of its subsidiary Information Technology company SCSK which specialises in AI, and its centre for digital transformation was established in 2018.
A trial run conducted by the company at one of its manufacturing units witnessed a 10% improvement in their rate of utilization.
Sumitomo plans to set itself as a “one-stop-shop” for all the upcoming and established businesses planning to digitise. Its expansion plan is to extend its services to other industrial parks in Southeast Asia.