A path has opened for small and medium-sized enterprises to cut logistics costs while using Coupang's Rocket Delivery.
The Korea Federation of Small and Medium Enterprises, Coupang, and Home&Shopping said on the 16th they will hold a "launch ceremony for logistics collaboration to expand sales channels for SMEs" at the Korea Federation of Small and Medium Enterprises in Yeouido.
This launch ceremony is a follow-up to the "business agreement to strengthen competitiveness and expand sales channels for SMEs" signed by the Korea Federation of Small and Medium Enterprises, Coupang, and Home&Shopping in Oct. last year, and serves to announce the start of the logistics network support program for Rocket Delivery for SMEs listed on Home&Shopping.
The logistics collaboration support program provides fast delivery using Coupang's Rocket Delivery logistics network for outstanding SME products discovered by Home&Shopping. SMEs can reduce logistics costs and secure delivery competitiveness. Coupang can build an exemplary win-win cooperation model between large and small corporations, and Home&Shopping can expect to raise customer satisfaction through fast delivery.
Starting in Sep. this year, a pilot program will be pushed to analyze results and hear from listed SMEs, and from next year the participating SMEs and target items will be gradually expanded.
Kim Ki-mun, chair of the Korea Federation of Small and Medium Enterprises, said, "In the online market, delivery speed and logistics efficiency are core competitive edges directly tied to the survival of corporations," adding, "If fast delivery using Coupang's Rocket Delivery logistics network is applied to outstanding SME products discovered by Home&Shopping, SMEs' sales competitiveness will be further strengthened."
Park Dae-jun, CEO of Coupang, also noted, "This logistics collaboration with the Korea Federation of Small and Medium Enterprises and Home&Shopping is a very meaningful initiative," adding, "We will do our best so that Coupang's innovative logistics capabilities can help improve SMEs' competitiveness and grow their sales."
Mun Jae-su, CEO of Home&Shopping, also said, "With this logistics collaboration, we expect to provide various delivery services that strengthen SMEs' logistics competitiveness and meet consumer needs."