South Korean young bloods creating ripples in tool market and e-commerce

김선중 기자l승인2020.01.28






▲ ITSCO / CEO Minwoo Lee

Located in Suseong District, Daegu Metropolitan City, ITSCO stands for IT Solution Company. The core business is MES (Manufacturing Execution System) and the company also gives part of efforts to e-commerce platforms. MES is a system that manages the four necessary elements of manufacturing: man, machine, material and method; it also gathers information and provides analysis and predictions. 

The most famous brainchild of ITSCO is the app designed for tool retailers: 09Mipl. It is meaningful that 09Mipl shifted offline trade of tools to online and made selling and buying tools convenient and cost-effective. 

The app not only covers selling and buying but also provides various functions from inventory and receipt to delivery, return, price change and complaints. Buyers, however, do not need to download the app as they can buy tools on various e-commerce platforms such as 11st, Auction, Gmarket, Interpark, Coupang and Wemakeprice. 

ITSCO was chosen as a Youth-Friendly Enterprise from the Ministry of Employment and Labor in 2018 and listed its name in the 100 Smart SMEs in September last year. Many employees are relatively young and they are working no more than 40 hours a week. 

In recognition of its innovation in both technology and working environment, ITSCO received a ministerial prize from the Ministry of SMEs and Startups at the Innovation Winner 2019 hosted by the Herald Group and managed by monthly <PowerKorea>. 

“In a short term perspective, we are focusing on MES, ERP and GroupWare. In a long term perspective, we are focusing on e-commerce platforms. Though we are young, we have this passion and well balanced team work so we are confident to make a history in the field.” said Minwoo Lee, CEO of ITSCO. 

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