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?
Along the heavily one-sided debate around Net Neutrality, we are once again amid the new age retail tradition of Black Friday and Cyber Monday. Consumerism has driven multiple shopping trends in the past decade. This has become a lifestyle with the entire generations falling under this craze.
It’s an adage that worked for malls before. Ambience can accentuate the value of a product long enough to merit a premium. With the advent of omnichannel aesthetics, this has changed to effective last mile delivery. The process is not just about reaching the concerned location on-time. Last mile delivery has much more to it.
Jack Ma inaugurated the world’s first Digital Free Trade Zone in Malaysia to boost e-commerce and small to medium size enterprises (SMEs) in Southeast Asia. Considering Malaysia’s proclivity in the Asian region, This Digital Free Trade Zone (DFTZ) would act as a perfect platform for physical and virtual business set-ups to leverage the recent boom of online businesses. Malaysia’s DFTZ is set to handle more than $65 billion worth of goods at full functionality.
Brands ranging from Amazon, Walmart, Alibaba, Target, Uber, Tesla, and many more are diving hard into the zone of location intelligence. The biggest gainers for the same here are the Retail and FMCG trendsetters. Location Intelligence, the primal necessity of the new age, has the retail and FMCG world caught in a tight race to the finish.
Asian retail and e-commerce market has grown leaps and bound in the past year and there is good reason to celebrate. What was once thought to be a red tape wasteland of opportunities, is turning out to be quite the temptress for all major corporations in the world. How did this transformation happen? How did Asian market become the darling of industries such as retail, FMCG, e-commerce, manufacturing, etc.?
Paytm backed LogiNext to replicate Alibaba’s strategy in logistics movement and field workforce optimization across India and Southeast Asia. Jack Ma’s processes coupled with LogiNext’s machine learning algorithms can make logistics management and last mile delivery optimization easy and trackable for all enterprises.
Why is Jack Ma Investing in Indian Entrepreneurs? Jack Ma and his bandwagon have arrived. What could be more auspicious than celebrating dreams with a true visionary? Some of the leading entrepreneurs of the country would agree. Jack Ma has come to our country not just to invest, but to develop. He has developed […]
It’s time for us to say goodbye September while rejuvenating ourselves to buckle up for the upcoming Festive quarter. From Big Billion Day to Black Friday, everyone is preparing aggressively to serve the burgeoning demands of the market. But wait, did you know how we empowered our clients this September (2016)?