Smart Warehouse Solutions For Port And Cold-Chain Logistics

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Smart Warehouse Solutions For Port And Cold-Chain Logistics
Smart Warehouse Solutions For Port And Cold-Chain Logistics
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Technology and Communications
Technology
Business Model Description

Invest in companies that adopt the B2B model where they focus on software, hardware, and system integration of smart technology solutions. Companies may also extend track and trace capabilities as a value-add application to end-users. Applications may be cloud-based, often on a subscription model, or be offered as an on-premises solution. On premise solutions refer to technology-based solutions physically hosted on site. Examples of some companies active in this space are:

YGL Convergence Berhad is one of the largest providers of Industry 4.0 and ERP solutions in Malaysia. Its smart warehouse solutions include smart conveyor and racking systems, RFID readers, smart lifts, four-way shuttle systems and multi-device control and monitoring dashboards. In 2020, YGL Convergence Sdn Bhd raised a sum of c. USD 610,00 through a private placement exercise (58).

Trax Retail is a global provider of supply chain management solutions, including smart warehouse technology. They offer real-time inventory tracking, and cloud-based warehouse management systems, and IoT sensors. In 2021, Trax Retail raised USD 640 million through a funding round led by SoftBank Group Corp's Vision Fund 2 and BlackRock Inc (59).

Siemens Malaysia Sdn Bhd is a wholly-owned subsidiary of the German multinational conglomerate Siemens AG. Its smart warehouse solutions include their Logistics Middleware which integrates warehouse management systems with material handling equipment, and the SIWAREX weighing technology, among other AI and IoT systems Siemens raised USD 5.2 billion in funding to date (60).

Expected Impact

Enhance efficiency and seamless movement of goods through smart logistics, thereby decreasing emissions and increasing economic activities and revenue flows.

How is this information gathered?
Updated: 18 Jun, 2023
Malaysia
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
5% - 10% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Responsible Consumption and Production (SDG 12) Climate Action (SDG 13)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Reduced Inequalities (SDG 10) Decent Work and Economic Growth (SDG 8)

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Sector Sources
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IOA Sources
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Malaysia Freight Logistics Market by Functions (Freight Forwarding, Freight Transport, Warehousing, and Value-added Services and Others). https://growthmarketreports.com/report/freight-logistics-market-malaysia-industry-analysis. 29) ResearchAndMarkets.com. 2022. Malaysia B2C Ecommerce Market Opportunities Databook 2022. https://www.businesswire.com/news/home/20220919005395/en/Malaysia-B2C-Ecommerce-Market-Opportunities-Databook-2022---ResearchAndMarkets.com. 30) Economic Planning Unit. 2015. Logistics and trade Facilitation Master Plan (2015-2020). https://www.mot.gov.my/en/Penerbitan%20Rasmi/Executive%20Summary%20Logistics%20and%20Trade%20Facilitation%20Masterplan.pdf. 31) Ministry of Transport. 2019. National Transport Policy 2019-2030. https://www.pmo.gov.my/wp-content/uploads/2019/10/National-Transport-Policy-2019_2030EN.pdf. 32) Ministry of Natural Resources, Environment and Climate Change. 2022. Malaysia’s Fourth Biennial Update Report. https://unfccc.int/sites/default/files/resource/MY%20BUR4_2022.pdf. 33) MDEC. 2021. National E-Commerce Strategic Roadmap 2021-2025, E-Commerce as the Engine for Catalytic Growth for Businesses in Malaysia. https://mdec.my/wp-content/uploads/2022/11/NESR-2021-to-2025_e-Book-_ENGLISH.pdf. 34) UN Department of Economic and Social Affairs. 2022. SDG Indicators Database. https://unstats.un.org/sdgs/dataportal/database. 35) OECD. 2021. OECD Competition Assessment Reviews: Logistics Sector in Malaysia. https://www.oecd.org/daf/competition/oecd-competition-assessment-reviews-logistics-sector-in-malaysia.pdf. 36) Our World in Data. 2021. Malaysia: CO2 Country Profile. https://ourworldindata.org/co2/country/malaysia. 37) MIDA. 2018. Malaysia: Investment in the Services Sector, Logistics Services. https://www.mida.gov.my/publications/malaysia-investment-in-the-services-sector/. 38) Department of Environment, Ministry of Natural Resources and Environment. 2010. Environmental Requirements: A Guide For Investors. https://www.doe.gov.my/wp-content/uploads/2021/10/A-Guide-For-Investors1.pdf. 39) Government of Malaysia. 1967. Custom Act 1967. Act 235. Malaysia.http://www.customs.gov.my/ms/PERUNDANGAN%20GAZETTE/CUSTOMS%20ACT%201967.pdf 40) World Bank. Data. https://data.worldbank.org/indicator/NV.MNF.TECH.ZS.UN. 41) Department of Standards Malaysia. MS 2400:2019: Halal Logistics - General Requirements. Malaysia, 2019. https://mysol.jsm.gov.my/getPdfFile/eyJpdiI6IkV1TkpnL2ZNcnhTTDNqYi9hR29Idmc9PSIsInZhbHVlIjoidno4QXk5MFQxNDJFTVhXQnVFS1U3UT09IiwibWFjIjoiODhjZDUwYjdiZTUwNjY1ZmQwODBkMWEyNjM2NGM0ZjE3ZWMxNzNhZTY1ODdjYWExYTFmYTA4ZTUzMGU4MjgxYyJ9 43) Statista. 2017. Material footprint per capita in Malaysia from 2005 to 2017. https://www.statista.com/statistics/687338/malaysia-material-footprint-per-capita/. 44) Malaysia Green Technology Corporation. 2023. Budget 2023: More funds, incentives for green tech to meet net zero target and sustainability agenda https://www.mgtc.gov.my/2023/02/budget-2023-more-funds-incentives-for-green-tech-to-meet-net-zero-target-and-sustainability-agenda/. 45) MIDA. 2020. Automation Capital Allowance https://www.mida.gov.my/wp-content/uploads/2021/01/GD_AutomationCAServices01012020.pdf. 46) PWC. 2023. Pioneer Status, Malaysia Tax Booklet https://www.pwc.com/my/en/publications/mtb/tax-incentives.html. 51) Borhan et al. Native-immigrant Wage Differentials in Malaysia. https://aura.abdn.ac.uk/bitstream/handle/2164/14126/Borhan_et_al_JPSS_NativeImmigrantWage_VoR.pdf;jsessionid=B3D483DE5B39DD8E501ACB72D573278C?sequence=1. 52) Logistics Asia. 2022. Taiwan’s ALP Eyes Vietnam After US$1 billion Malaysia Investment. https://logistics.asia/taiwans-alp-eyes-vietnam-after-us1-billion-malaysia-investment/. 53) New Strait Times. 2016. Curbing food wastage at source. https://www.nst.com.my/news/2016/06/151334/curbing-food-wastage-source. 54) ASEAN – German Technical Cooperation, Transport and Climate Change. Malaysia Stocktaking Report on Sustainable Transport and Climate Change. https://www.mot.gov.my/en/Documents/Summary%20of%20Malaysia%20Stocktaking%20Report_For%20MOT.pdf. 55) Modern Materials Handling. 2022. Do more with less warehouse energy. https://www.mmh.com/article/do_more_with_less_warehouse_energy. 56) Techwire Asia. 2022. Warehouse automation: can Malaysia be a regional champion?. https://techwireasia.com/2022/03/warehouse-automation-can-malaysia-be-a-regional-champion/. 58) YGL Convergence Berhad. 2021. Annual Report. https://www.yglworld.com/wp-content/uploads/2021/08/ygl-annualreport2021cgreport2021.pdf 59) Crunchbase. 2023. Trax. https://www.crunchbase.com/organization/traxretail 60) Crunchbase. 2023. Siemens. https://www.crunchbase.com/organization/siemens 61) Budget Speech. 2023. Ministry of Finance. https://budget.mof.gov.my/pdf/belanjawan2023/ucapan/ub23-BI.pdf 62) Advisory Panel on 9 June, 2023 (MIDA) 61) Government of Malaysia. Industry4WRD Policy. 2018. https://www.miti.gov.my/index.php/pages/view/4832 63) Government of Malaysia. Economic & Fiscal Outlook and Federal Government Revenue Estimates 2023. 2023. https://budget.mof.gov.my/pdf/belanjawan2023/ekonomi-fiskal/EUFORE2023_270223.pdf 64) Malaysian Venture Capital and Private Equity Association, Advisory Panel, June 9, 2023.