LOTTE Global Logistics announced on the 4th that it has completed an industry-academic cooperation research project aimed at exploring applicable business development plans for immediate delivery focusing on autonomous driving logistics and customer-centric comprehensive logistics centers (CFC).

Employees of LOTTE Global Logistics and MSC members participate in a commemorative photo for the academic-industrial cooperation research project on Logistics Industry Development conducted in partnership with Yonsei University. /Courtesy of LOTTE Global Logistics

This project was conducted in collaboration with the Master of Supply Chain (MSC) management association at Yonsei University for about two months starting from April. The research was carried out with LOTTE Global Logistics employees and Yonsei University professors divided into four teams, with proposals generated and announced on the 28th of last month.

The teams proposed ▲ deriving optimal transfer hubs for domestic autonomous driving trucks middle mile ▲ economic analysis of optimal transfer hubs for autonomous driving trucks using a repair model approach ▲ innovative delivery of tasting corners for E-Grocery customer experience ▲ establishing a global full cold chain export logistics network for domestic agricultural export companies.

A representative of LOTTE Global Logistics noted, "We plan to actively review the feasibility of applying the business proposals generated through this industry-academic cooperation, and will proactively work on nurturing logistics professionals and improving logistics efficiency through collaboration with various organizations."