CJ Logistics said on the 29th that it signed a business agreement with the Korea Federation of Merchants for "building a win-win cooperation model for traditional market logistics."
The agreement centers on allowing goods purchased by consumers to be received on-site and delivered immediately through a shared delivery center inside traditional markets.
When consumers purchase goods and have them received at each store via QR code, the shared delivery center consolidates the items and handles delivery in a batch.
Both sides expect it will revitalize traditional markets by resolving the need for consumers to carry their purchases themselves despite poor parking conditions.
For parcel delivery workers, the installation of a shared delivery center will reduce travel routes because they will not need to go from store to store to handle small parcel volumes.
In addition, CJ Logistics said it would participate as a logistics company in events such as the Excellent Market Expo and local specialty product expos hosted by the Korea Federation of Merchants to support product sales.
CJ Logistics also plans to cooperate in promoting outstanding traditional markets nationwide and local specialty products by using its own online and offline promotion channels.
The two sides plan to select traditional markets for pilot operations, flesh out the cooperation model, and then expand it nationwide so that the central government and local governments can participate.
The signing ceremony was held on the 24th at the conference room of the Daejeon Federation of Merchants. Yun Jae-seung, Deputy Minister and head of CJ Logistics' O-NE division, and Lee Chung-hwan, president of the Korea Federation of Merchants, attended.
Deputy Minister Yun said, "We will establish a shared logistics system to help streamline logistics in traditional markets and position ourselves as a win-win corporations that leads to increased use of traditional markets."