The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Woman killed in stopped car struck by bus on highway

  • 3

    Video footage highlights details of stepmother's fatal abuse of 12-year-old

  • 5

    Commuters still wear masks despite end of mask mandate on public transportation

  • 7

    INTERVIEWNorth Korean-born chef delights Southerners' taste buds, breaks down cultural barriers

  • 9

    COVID-hit Myeong-dong bounces back as tourists return

  • 11

    Public officials reluctant to dine with coworkers

  • 13

    TWICE's new album hits No. 2 on Billboard 200

  • 15

    ANALYSISYoon-Kishida meeting raises expectations of 3-way summit with China

  • 17

    Celebrities head back abroad to film K-food reality shows

  • 19

    Most commuters stick to mask wearing despite lifting of mandate on public transportation

  • 2

    Korea sets record of half million economically inactive youth

  • 4

    Actor Yoo Ah-in to appear for questioning Friday over alleged drug use

  • 6

    KAIST student becomes first Korean recipient of Apple Scholars fellowship

  • 8

    American admits to train graffiti-related charges but calls himself artist

  • 10

    Brides in early 40s outnumber those in early 20s

  • 12

    OTT service providers negatively impacted by illegal streaming website

  • 14

    BLACKPINK Jennie's 'Solo' music video hits record high 900 mil. YouTube views

  • 16

    N. Korea holds nuclear counterattack simulation drills; Kim urges perfect readiness

  • 18

    Korean startup Innospace launches test launch vehicle HANBIT-TLV

  • 20

    Horace N. Allen: Treating the masses

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
Wed, March 22, 2023 | 05:42
Samsung SDS unveils online logistics platform
Posted : 2018-06-20 17:43
Updated : 2018-06-20 17:55
Jun Ji-hye
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Kim Jin-ha, senior vice president at the smart logistics business division of Samsung SDS, speaks at a news conference at the Samsung SDS campus in Pangyo, Gyeonggi Province, Wednesday, unveiling the firm's online logistics platform, 'Cello Square 3.0.' / Courtesy of Samsung SDS
Kim Jin-ha, senior vice president at the smart logistics business division of Samsung SDS, speaks at a news conference at the Samsung SDS campus in Pangyo, Gyeonggi Province, Wednesday, unveiling the firm's online logistics platform, "Cello Square 3.0." / Courtesy of Samsung SDS

By Jun Ji-hye

Samsung SDS unveiled its online logistics platform equipped with cutting-edge IT technologies such as artificial intelligence (AI) to target the global e-commerce logistics market, Wednesday.

The platform dubbed "Cello Square 3.0" is grafted with blockchain technology as well as AI in addition to the firm's knowhow on logistics operation, said Kim Jin-ha, senior vice president at the smart logistics business division of Samsung SDS, during a news conference held at the firm's campus in Pangyo, Gyeonggi Province.

The IT services arm of the nation's top conglomerate said the platform automatically selects the optimal transportation measures and delivery firms, enabling sellers in the global e-commerce logistics market to reduce costs and delivery time.

The blockchain technology, embedded in the platform, will raise product reliability as the technology prevents forgery and alteration of places of origin of international cargo.

Purchasers can simply confirm information, such as exporting countries, companies and distribution records, by touching their mobile phones on the tag of near field communications (NFC) attached to the products.

The firm said the platform improves user convenience significantly, offering a mobile tracking service in which users can check orders and delivery situations in real time with their mobile phones.

The company plans to add a premium service using machine learning and data analytics, which will forecast sales volume and suggest measures to cut down distribution costs.

The firm said it signed a business agreement with the state-run Industrial Bank of Korea (IBK), also on Wednesday, to connect logistics information of the Cello Square 3.0 to the bank's export price payment system.

"We will offer the best service to sellers in the global e-commerce market through the Cello Square 3.0 embedded with state-of-the-art IT technologies and Samsung SDS's experience on global logistics operation," said Kim Hyung-tae, executive vice president at logistics business unit of Samsung SDS.


Emailjjh@ktimes.com Article ListMore articles by this reporter
 
LG Group
Top 10 Stories
1Possibly next SOHO, Seoul selects 5 neighborhoods for new signature 'K-alleys' Possibly next SOHO, Seoul selects 5 neighborhoods for new signature 'K-alleys'
2Japanese students' field trips to Korea resume after pandemic hiatus Japanese students' field trips to Korea resume after pandemic hiatus
3President Yoon refutes criticism of fence-mending summit with Japan President Yoon refutes criticism of fence-mending summit with Japan
4Osstem Implant to invite 1,500 dentists from 22 countries for training Osstem Implant to invite 1,500 dentists from 22 countries for training
5Apple Pay service starts in KoreaApple Pay service starts in Korea
6Kakao criticized for half-baked AI chatbot Kakao criticized for half-baked AI chatbot
7Busan to have alternate no-driving days during Expo inspectionBusan to have alternate no-driving days during Expo inspection
8Lotte desperate to win LVMH Chairman Arnault's heart Lotte desperate to win LVMH Chairman Arnault's heart
9LVMH allegedly joins takeover bid to acquire Missha LVMH allegedly joins takeover bid to acquire Missha
10Local band Oily Rag flies to Japan Local band Oily Rag flies to Japan
Top 5 Entertainment News
1Celebrities head back abroad to film K-food reality shows Celebrities head back abroad to film K-food reality shows
2Lee Se-young to lead MBC's new series 'The Story of Park's Marriage Contract' Lee Se-young to lead MBC's new series 'The Story of Park's Marriage Contract'
3Park Sung-woong talks about filming 'Woong Nam' with comedian-turned-director Park Sung-woong talks about filming 'Woong Nam' with comedian-turned-director
4[INTERVIEW] 'The Flag': Kwon Jin-ah's love letter to people chasing their dreams INTERVIEW'The Flag': Kwon Jin-ah's love letter to people chasing their dreams
5Kwon Sang-woo's new series to stream on Disney+ this year Kwon Sang-woo's new series to stream on Disney+ this year
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group