What’s with same-day or next-day deliveries? Well if haven’t forgotten important dates such as Valentine’s, Black Friday, or Thanksgiving, you won’t much appreciate the urgency of fast deliveries to save face. All’s well that ends well, and that’s why the right logistics technology, especially the last mile, is critical for flash events.
At the pace of current development, machine learning enabled delivery route optimization is the key to sustaining your brand to be consistently relevant for the upcoming future. To ensure that five years down the line you down get sidelined, get the right tech now.
The top challenges, especially for CPG companies, are lack of proper delivery movement visibility, lack of control of actual on-ground logistics, delayed reaction time if anything goes wrong on-ground, over or under-utilized truck capacities, inaccurate estimated time of arrivals (ETAs), etc. LogiNext can help overcome all these and more.
Consumer packaged goods (CPG) industry has been on a growth curve with a sustained CAGR of 10% possibly hitting $721.8 billion sales by 2020. Which side of this growth would your company stand on? One of the major driving factors for CPG, where bigger companies have their brands readily recognizable the world over, is being in the right place at the right time.
The client was one of the largest online home goods retailer in North America with more than 60 million active online users, 10 million hosted products, and 20,000 suppliers. LogiNext optimized their entire logistics movement with optimized carrier handling and high customer (delivery) experience.
As technology becomes deeply ingrained in the business operations, cloud-based tools lead the charge toward a new and improved fleet management landscape. From automation to IoT to in-fleet GPS tools, technology is the secret sauce to help fleet managers achieve goals across their organization.
Here are the top 3 things that’ll stay strong in 2019, shape how logistics is handled, and business is conducted across the globe. With the best delivery route planning software, logistics management would be more streamlined than ever before.
Why advanced delivery route planning is great for the global economy? Customers want fast deliveries. Companies want to deliver shipments faster and more efficiently using more resources at lower costs. They also want to become more reactive and agile in their delivery movement. These industries are becoming more customer-centric which is good for the economy. […]
The current path of logistics optimization demands a keen interest of the CIO, and this article is directed to bring them up-to-date with the benchmarks they should look for, paving the way for better business opportunities.
At LogiNext, we thrive on Technology and Innovation, which is why we are continuously winning the hearts of our clients at a Global platform. This success is governed by our belief that the right blend of People and Technology partnership is what steers our business ambition forward.
Tech is driving industries faster and faster. CAGR is keenly watched everywhere. Such tech needs leaders, and LogiNext has claimed its place, time and again, at the top of the chain.
Retail and e-commerce are moving fast and merging along the line into a singular platform. What is driving this behavior for these mega-entities? What is the one factor which is bringing all of retail and e-commerce onto one platform?
The Southeast Asian region would grow at 32% CAGR, reaching about $88 billion by 2025, Indian shores have taken up e-commerce strongly. Here, the market is slated to reach $64 billion by 2020, $200 billion by 2026, and surpass the U.S market by 2034
With LogiNext, high-end machine learning enabled logistics optimization rounds off at the end with human-driven achievements. In the world of fast-moving deliveries, this balance creates a sustainable and scalable model of efficiency.
Internet of things (IoT) with the latest in machine-learning backed algorithms are the way logistics would be optimized to meet all customer demands and requirements, right from fast shipping, live tracking and notifications, and on-time delivery with optimized final mile movement.
Retail, as we grown to recognize it, might not exist in the near future. This isn’t another retail doom warning. On the contrary, it’s about how the retail and e-commerce space is fast evolving. These players must give convenience wrapped in a neat delivery experience.
Gone are days of static analysis and planning. Deliveries are made not within charts and tables. They are made live, so should their scheduling and routing. All live. You know everything one glance, you can do everything in one click.
Amazon’s prime day upped the utilization of their fulfillment centers by over 25%. They have made their logistics leg into a powerhouse which they keep leveraging to get ahead of the competition. O one hand they are losing money and on the other, they are continuously building value, much more than any other company. What’s the key here?
Companies can compete by making a better product. But it’s no longer enough. The company also must create a great delivery experience for the customer. Proper logistics movement optimization is key, not just to ensure quick and on-time deliveries, but also to boost customer satisfaction and retention.
Ever wondered how some of these big-name e-commerce companies across the globe manage international sales events? It is only possible with tech creating shorter delivery routes and more successful (on-time) deliveries per day. This tech is the crux of what makes same-day delivery, not just a phenomenon but a reality.
Tech adoption and change management go hand in hand. You may invest billions in the latest tech, but if your people aren’t using it properly and getting the most benefit out of it, you would never see the full extent of benefits. How to avoid this? Train your folks in the best way of doing things.
Tech investment is not something you just write-off in your balance sheet, it’s about building for the future. With on-premise servers, even though the cost diminishes over time, their outdatedness increases. What’s the point of owning a cost-effective system which was relevant three years ago?
Elastic logistics is the new and evolved version of ‘lean supply chain movement’. As technology has caught up with logistics, latest delivery schedule and route planning help companies are on top of all market demand fluctuations and keep their products on shelves at all times or reach the consumer’s door within a day or two.
It’s costlier to acquire new customers compared to retaining them. With proper logistics optimization, companies can not only retain customers but also boost satisfaction and lifetime value. In this age of booming retail and e-commerce, logistics optimization is the best asset a company can have.
Today we speak to an industry veteran with close to two decades of raw delivery management experience. Liam O’Sullivan has earned matchless following and adulation in his career. He is the Director of Operations at International Post Corporation (IPC), Brussels, Belgium.
We are now well past the 1st April enforcement date for electronic logging device (ELD) implementation. Now if your trucks are stopped for a roadside inspection, how do you prepare to get through that without any violations? Here’s what you need to know to be violation free.
With technology, innovation is always around the corner. Some more than others. We have all seen the hikes in interest and following for tech innovations to have them fizzle out. We are at the start of such an upswing. Take a step further back, and you will get to the topic, Blockchain.
LogiNext’s field workforce optimization is machine learning-enabled planning engine which pulls in all the constraints such as preferred time slot visits, avoiding repeat visits, avoiding overlap or mirroring, and also to optimize the service time or time spent at each outlet
The World Bank has said logistical costs swallow up around a quarter of Indonesia’s gross domestic product, citing bottlenecks in supply chains, long dwelling times in ports and lengthy trade clearances. Indonesia’s e-commerce sales are set to rise from 3 percent of retail activity now to 19 percent by 2027, Morgan Stanley estimates.
Know where your drivers are at all times. A trucker was lost in snow-covered woods in Oregon for four days when the wrong address was plugged into the GPS. He managed to survive and walk back to more populated areas when his truck got stuck on small roads.
