Kakao Enterprise Launches AI-Based Logistics Ecosystem Platform ‘Kakao i LaaS’

[Asia Economy Reporter Seungjin Lee] Kakao Enterprise officially launched the AI-based logistics ecosystem platform ‘Kakao i LaaS’ on the 3rd at The Westin Chosun Seoul by hosting ‘LaaS ON 2022.’

Kakao i LaaS is a logistics ecosystem platform that connects cargo owners (freight companies) and member companies (logistics centers) based on AI, helping anyone easily manage logistics from sales, orders, to warehouse management. Kakao Enterprise provides digital transformation for the logistics industry by offering Kakao’s unique platform know-how, easy and convenient usability, connectivity accessible anytime and anywhere via mobile, along with advanced AI, search, and data analysis capabilities.

Kakao Enterprise plans to provide solutions to fundamentally resolve the difficulties the existing logistics industry faces in terms of efficiency, flexibility, and digitalization. Kakao i LaaS supports cargo owners and member companies to easily and conveniently connect and match each other, similar to accommodation matching services that connect travelers and lodging providers. Moreover, it helps collect orders from dozens of shopping malls at once and manage warehouses easily and accurately through an automated logistics system.

Cargo owners can reduce logistics costs by easily and conveniently using optimal logistics centers through the matching service and gain visibility into all logistics stages from orders to warehouse and inventory management and delivery. Member companies can utilize idle resources, efficiently operate logistics center spaces that had to remain vacant before, create new revenue, and reduce costs related to customer acquisition.

On this day, Baek Sang-yeop, CEO of Kakao Enterprise, presented a new perspective on logistics unique to Kakao Enterprise by expanding the network connecting various participants in the logistics industry. By adding a new viewpoint of ‘diversity’ to the logistics, which had felt complex in distribution, fulfillment, and delivery, he explained the intention to create a better logistics ecosystem that can grow together with Kakao Enterprise partners called ‘LaaS Front Runners.’

At the event, Kakao Enterprise held a roundtable discussion on the future of logistics innovation with logistics industry and academic experts and partners. The roundtable, chaired by Professor Min Jeong-ung of Inha University Graduate School of Logistics, included participants from hy, Aegis Asset Management, JoongAng Ilbo M&P, Mesh Korea, JBL, BYN Black Yak, and the Korea SCM Society, who engaged in discussions with CEO Baek about the digital transformation of the logistics industry.

CEO Baek said, “Through the successful hosting of LaaS ON 2022, I could directly feel that digital transformation is a major topic among logistics industry and academic experts,” and added, “Kakao Enterprise will actively support all participants to focus ‘together’ on more valuable things to provide consumers with more reasonable services.”

Meanwhile, Kakao Enterprise has been advancing Kakao i LaaS and establishing best practices together with partners. Starting with a memorandum of understanding (MOU) with hy in July last year, it has been steadily collaborating with various companies such as Dongwon Dear Food and Orion to expand the logistics ecosystem.

This content was produced with the assistance of AI translation services.