Yogiyo and POSTECH Collaborate on Joint Research to Enhance Logistics Efficiency
Optimization of Last-Mile Technology for Delivery Apps
[Asia Economy Reporter Kim Cheol-hyun] Yogiyo announced on the 11th that it will conduct joint research with POSTECH to advance logistics in the delivery industry.
Yogiyo's R&D Center and POSTECH's Department of Industrial and Management Engineering plan to study rider demand forecasting and last-mile logistics optimization in delivery sites using data science and artificial intelligence techniques until November this year. Under the guidance of logistics optimization authority Professor Kim Byung-in, the POSTECH research team was jointly formed by Professors Choi Dong-gu and Chae Min-woo from the Department of Industrial and Management Engineering.
Yogiyo and the POSTECH research team plan to produce practical research results that form the foundation for advancing the entire logistics process from order to delivery, as the delivery app industry expands into various quick commerce areas such as fresh food and daily necessities delivery beyond just food. Yogiyo expects this research to further enhance the R&D Center's capabilities in data science and artificial intelligence.
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Kim Hyun-deuk, Head of Data at Yogiyo, said, "Taking this collaboration with POSTECH as an opportunity, we are approaching this challenge with a mindset to not only strengthen Yogiyo's delivery competitiveness but also contribute to logistics optimization as an advanced industry model." He added, "We will strive to establish a virtuous cycle system that leads mutual growth by expanding exemplary research cases between industry and academia through continuous industry-academic cooperation in the future."
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