Parcel boxes move along a conveyer belt at a logistics center in Seoul on Jan. 31, 2021. (Yonhap)
SEOUL, Dec. 21 (Korea Bizwire) — South Korean retailers are beefing up investment to introduce new technology that can contribute to minimizing delivery time, personnel and energy as a way to complete delivery within the shortest possible time.
GS Retail Co. acquired a 1.3 percent stake in Kakao Mobility Corp. for 65 billion won (US$54.5 million) early this month.
Kakao Mobility, the country’s leading taxi-hailing firm, has accumulated a huge amount of data in areas like road guides, real time traffic volume and mobility demand prediction.
GS Retail expects Kakao Mobility’s big data to be useful not only for delivery between logistics centers and stores, but also for the final stage of delivery to customers.
SSG.com, the online mall arm of South Korean retail giant Shinsegae Group, delivery boxes are released from logistics centers in an order set by an algorithm.
Truck drivers can load the boxes simply in the order released. Unloading can begin from the last loaded boxes that are positioned closest to the truck’s rear door.
CJ Logistics Corp., a major logistics firm, in August introduced an algorithm system for the intermediate transport stage between hub terminals, sub-terminals and logistics centers, aimed at minimizing the percentage of vehicles running empty by analyzing departure and arrival places, driving distances, vehicle size and truck information.
Ashley Song (ashley@koreabizwire.com)
