Ann: Quarterly Activity Statement and App 4C Jun Q 18, page-20

  1. 294 Posts.
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    Here are some really interesting tidbits from the 4C YOJEE.JPG "The image above demonstrates the Company’s proprietary AI technology planning extremely complex logistics problems across multiple hubs (warehouses or stores) and taking into account strict delivery conditions (eg: 2 hours or scheduled 30min drop off window) to enable powerful and cost efficient fulfillment offerings to customers and consumers. The Company also added various capabilities to the Yojee solver which will help us process complex business rules and a large range of operational models. As a result, we will be better able to handle continuous optimisation and unique business to customer operating models. Real time simulation and forward simulation allows companies to plan for future periods and more effectively optimise fleet requirements."

    "Yojee made key hires in the Data Science and User Experience departments, and overall the teams have capably absorbed the challenge of rapid growth through the last few months. Yojee’s product road map continues to focus on the development of last mile features, incorporating order management, transport fleet management, and route optimisation in one platform. This combination of complementary features is a big step forward in solving many of the larger problems facing the industry. Through partnering with SILA and other trucking companies, we are developing a version of our system that is geared towards Long Haul trucking. Over the coming months the company will further develop its 3rd party partnering model and build an even more robust experience for multi-leg logistics. These three areas combined provide Yojee with the opportunity to uniquely solve problems across significant sections of the global logistics market whilst maximizing efficiency, reducing cost and providing an industry leading customer experience."

    "The agreement signed with logistics giant DB Schenker during the quarter to begin developing an on-demand last mile delivery service in Asia focuses on utilising Yojee’s market leading logistics technology to create enhanced customer experience and innovative delivery models. Yojee will be implementing its platform into DB Schenker’s (AsiaPacific) Ecommerce and last mile operations, covering AI backed route optimisation, warehousing, cross-docking, wharf cartage, application of blockchain, and customer experience.
    Yojee also signed a partnership agreement with another global logistics player - UPS, following extensive trials. The partnership’s aim is to build the technological infrastructure to enable UPS to increase the credibility of the depth of relationship and validation processes across their network. In June 2018 a long-term Innovation Framework Agreement was signed with UPS in order to further explore the development and improvement of services and products for the UPS operating environment. This partnership will span technology, software, payments and blockchain. Following the completion of the blockchain pilot, the first pilot of Yojee’s fleet management solution, and in particular route optimization, has started in the first market."
 
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