Infotech Lead Asia: Singapore Post has chosen Toshiba and Toshiba Asia Pacific to integrate postal automation system. The size of the contract is 3.6 billion yen.
The new automated system is integrated and designed to sort and cancel letters and packets and recognize addresses and barcodes on mail. Installation of the automated equipment will begin in March 2014 the replacement process is scheduled to be completed by the end of October, 2014.
The contract will be followed by a tender exercise. Singapore Post’s central sorting office is the heart of the country’s mail system. Toshiba had won a similar contract from Post Serbia in January this year.
Takehiko Miyashita, vice president of Toshiba’s Social Infrastructure Systems said Toshiba supplies systems that support high speed processing and high accuracy address reading rates. The company focuses on creating solutions that are cost-effective and ergonomically designed to deliver low noise levels, low power consumption and low life-cycle costs.
Advanced economies seek to differentiate their postal services from courier services by installing high performance systems that cut down delivery times and costs. Growing economies fuel the demand for upgraded system and total solutions, from equipment supply through to operation.
After posting a loss of $136 million in its Q3 earnings, Toshiba aims to achieve sales of 20 billion yen in fiscal year of 2015 by providing systems that meet the needs of clients around the world.