In today’s hyper-competitive market, achieving precise last-mile delivery stands as a pivotal factor in the quest to provide unparalleled consumer experiences. As of September 2023, over 60% of European retailers have identified accuracy as a key priority, even above speed. To achieve higher accuracy, retailers must proactively manage and meet customer expectations, with strategic planning as the most effective approach.
In the rapidly evolving distribution and logistics industry, fast and labor-intensive delivery no longer guarantees profitability and customer satisfaction. Achieving sustainable economic success demands a fundamental rethink of traditional delivery models. Instead of absorbing shipping costs into product margins and relying solely on economies of scale for competitiveness, a more economically viable and competitive solution is imperative.
Navigating the Trifecta: Precision, Customer-Centricity, and Sustainability in the Post-Epidemic Era
Enter Wemeet Mobility, the herald of a new era in logistics. The award-winning Korean logistics IT startup presents its visionary Roouty solution for an IT-enabled transformation of the logistics sector. Roouty is a vehicle mobility solution that leverages Wemeet Mobility’s proprietary route optimization engine and precision maps to redefine last-mile logistics. It enables multiple vehicles to traverse routes efficiently and provides real-time visibility into the drivers’ transportation statuses, thereby allowing logistics companies to efficiently implement different policies.
What sets Wemeet Mobility apart is the engine’s swift computation speed and customizable logic tailored for diverse business purposes. Furthermore, the route planning’s Estimated Time of Arrival (ETA) boasts high accuracy, with just a ±10-minute deviation from the Actual Time of Arrival (ATA), significantly enhancing logistics efficiency.
Effective communication plays a pivotal role in managing expectations, encompassing details such as the delivery time, location, and method, along with any modifications made during the delivery process. Yet, within the current logistics landscape, achieving seamless communication remains an arduous task. The on-time arrival rate languishes below 60%, especially in sectors like electronics stores, where only 50% provide a time frame plan, and clothing companies often stipulating two to three business days for delivery.
However, the contemporary retail landscape demands more than just accuracy and speed from retailers to satisfy customers throughout the delivery process. Last-mile delivery, influencing overall customer satisfaction, necessitates thoughtful considerations for effectively managing and executing the reverse logistics process. Moreover, beyond customer satisfaction, there is mounting public pressure on the last-mile industry to prioritize sustainability. Thus, it becomes imperative for delivery services to adopt eco-friendly practices and transparently communicate the value and efforts invested in offsetting carbon emissions.
Roouty: Revolutionizing Last-Mile Delivery to Meet Dynamic Customer Needs
Wemeet Mobility is at the forefront of innovation, currently collaborating with startups in Korea and Japan to pioneer new logistics-related services. Leveraging its advanced route optimization engine, the company has introduced a groundbreaking Vehicle to Vehicle (V2V) same-day delivery network on Jeju Island. This real-time dynamic routing service has received positive feedback from both tourists and residents, and the company plans to expand its offerings into a comprehensive logistics, transportation, and tourism concierge service. This collaborative effort involves partnering with multiple startups on Jeju Island, showcasing Wemeet Mobility’s commitment to transforming communities, enhancing local routes, and ensuring efficient access to all areas.
“Our same-day delivery network service has the potential to transform communities by efficiently revitalizing local routes, providing access to traditionally underserved areas, and facilitating smoother tourism across the board,” said Guisun-Kang, CEO of Wemeet Mobility, calling for collaboration from various companies and global organizations to build an ecosystem to realize this vision.
Currently, Wemeet Mobility is working with public logistics and distribution companies in Korea, spearheading initiatives to address and resolve various logistical challenges. These ongoing collaborations underscore Wemeet Mobility’s commitment to fostering positive transformations within the logistics landscape and establishing itself as a trusted partner in driving impactful industry advancements.
Navigating through intricate road conditions becomes less dependent on conventional systems, placing a heightened emphasis on the critical role of driver knowledge. However, the logistics industry faces a significant hurdle with a shortage of experienced drivers due to an aging workforce and job insecurity. This scarcity emphasizes the need for a human-centric approach in logistics, where personal know-how and intuition play pivotal roles.
Relying solely on a statistical optimization approach poses challenges in gaining trust from end users and may hinder the development of a user-friendly product. Wemeet Mobility pursues a human-centric and efficient approach to transform the logistics field. The distinctive feature of their AI-powered technology lies in its development centered around this principle.
Wemeet Mobility Unveils the Future of Last-Mile Delivery and Services at CES 2024
At the upcoming Consumer Electronics Show (CES) from January 9–12, 2024, in Las Vegas, Wemeet mobility is set to make a significant impact at CES 2024 as it unveils its cutting-edge solution, Roouty, and shares its vision for the IT-enabled transformation of the logistics industry. During the event, the company plans to actively engage with attendees, collaborating with both public and private groups to explore strategies for success in the post-pandemic last-mile delivery landscape. The focus will extend beyond showcasing Roouty, as Wemeet Mobility aims for global expansion, targeting markets in the US, Japan, Singapore, and beyond.
Wemeet Mobility will discuss successful post-pandemic last-mile delivery strategies, with a comprehensive exploration of the essential skills required for their effective execution. As a trailblazer in the logistics industry, Wemeet Mobility has garnered attention and acclaim for its innovative approaches, seamlessly integrating both conventional and digital realms. The company’s presence at CES promises to offer valuable insights into the future of logistics to attendees and participating public and private groups.
Having secured the top position in the 2022 Logistics Conference and the 2023 Korea Logistics Startup Competition, Wemeet Mobility will spotlight its commitment by emphasizing on upgrading logistics operations by implementing digital transformation in the convention.
Learn more about the innovative solutions and future of logistics services in the digital age at Roouty’s website or connect on Wemeet Mobility’s LinkedIn page.