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Mesh Korea: An Integrated Logistics Network
JB Rhyu, CEO With the philosophy to co-exist with and accommodate fleet riders, Mesh Korea has built a nationwide integrated logistics network based on hub-n-spoke infrastructure with last-mile stations, urban logistics, and technology with the hybrid of two and four-wheeled vehicles. Founded in 2013 in Seoul, Korea, Mesh Korea seeks to be a first-mile and last-mile logistics innovator. As a value creator that believes in the mutual growth of industry and its key participants, the company leads the fourth industrial revolution by promoting investments in logistics technology development.
Our company provides fixed payment on a pre-order basis that dissuades unionization of riders and incentivizes maximization of load utilization rate
Mesh Korea’s VROONG TMS, a tech-driven operation optimization engine, deskills last-mile logistics by assigning, scheduling, and adjusting tasks for riders while managing complicated customer requirements. It provides practical solutions to support a driver-focused approach to enhance drivers’ experiences by generating a route optimization solution that continuously integrates the characteristics of the real-time environment. Mesh Korea’s fully integrated TMS also includes the OMS software, which, along with the TMS, is embedded into the sellers’ systems.
“In addition to providing VROONG TMS engine to corporations for in-house logistics, Mesh Korea has offered its technological features to over 25,000 Mesh riders to deliver premium last-mile logistics services across the nation,” says JB Rhyu, CEO, Mesh Korea.
Mesh Korea also enables stores to streamline their logistics operations by utilizing VROONG’s advanced logistics technology based on an accumulated data of area, routeway, GPS tracking, and driving history.
"Mesh Korea’s after-delivery payment system ensures greater transparency while simultaneously increasing demand for real-time delivery"
Another factor that distinguishes the company from the rest is its after-delivery payment system that accepts payments via M-Cash, a wallet-system supported by the electronic payment gateway and virtual bank account specialized for last-mile logistics. The system collects all the payments, including product payment and delivery fees, and is made compatible with a smartphone application exclusively arranged for VROONG Delivery fleet. With these offerings in its portfolio, Mesh Korea has transitioned away from the traditional post-delivery, cash-based payment system in Korea that has been used to date for all on-demand and real-time deliveries. “By eliminating the focal source of corruption and tax evasion that were made possible under the former system, we ensure greater transparency while simultaneously increasing demand for real-time delivery,” adds Rhyu. Owing to various such efforts and initiatives taken by the Mesh Korea team to transform the way the organizations manage their logistics operations, the firm has been selected as a “Potential Unicorn” in Korea by the Ministry of SMEs and Startups, to receive 10 billion of guarantee in 2019.
Mesh Korea also enables stores to streamline their logistics operations by utilizing VROONG’s advanced logistics technology based on an accumulated data of area, routeway, GPS tracking, and driving history.
"Mesh Korea’s after-delivery payment system ensures greater transparency while simultaneously increasing demand for real-time delivery"
Another factor that distinguishes the company from the rest is its after-delivery payment system that accepts payments via M-Cash, a wallet-system supported by the electronic payment gateway and virtual bank account specialized for last-mile logistics. The system collects all the payments, including product payment and delivery fees, and is made compatible with a smartphone application exclusively arranged for VROONG Delivery fleet. With these offerings in its portfolio, Mesh Korea has transitioned away from the traditional post-delivery, cash-based payment system in Korea that has been used to date for all on-demand and real-time deliveries. “By eliminating the focal source of corruption and tax evasion that were made possible under the former system, we ensure greater transparency while simultaneously increasing demand for real-time delivery,” adds Rhyu. Owing to various such efforts and initiatives taken by the Mesh Korea team to transform the way the organizations manage their logistics operations, the firm has been selected as a “Potential Unicorn” in Korea by the Ministry of SMEs and Startups, to receive 10 billion of guarantee in 2019.
December 13, 2019
