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.
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.
We have seen the Walmart acquiring Jet, Bonobos, Modcloth, and Shoebuy while planning to set up around 1000 pickup locations for online grocery shoppers. Racing Walmart to the front is Amazon with its grand acquisition of Wholefoods to enable faster deliveries with multiple pickup options.
Optimization is doing more with less while sustaining (or bettering) the efficiency of operations. With multiple orders and shipments constantly moving with an excess of customer requests and demand, fulfilling on-time deliveries consistently not only saves costs but also increases the overall brand value for the company.
Enterprise mobility solutions are unlocking a new phase of benefits with respect to resource movement efficiency. With multiple industries and markets getting more and more focused on consumerism while finding new and better ways to satisfying the increasing global retail and e-commerce demand.
With the technological evolution in last mile delivery tracking and on-demand delivery management, companies are utilizing logistics optimization and machine learning backed technology to gain a competitive edge with their target markets. The customer is educated in the art of handling technology and knows exactly how technology would benefit delivery experience. Companies must not just respect these expectations, but also strive to exceed them at every chance they get.
Internet-connected trackers use long-range networks or Low Power Wide Area Networks (LPWANs) to let companies track specific items throughout their delivery journeys by which estimated time of arrival for the shipment can be predicted.
Cue in the Justice League (2017). Even though Batman vs Superman left our mouths wide open; sometimes in awe and sometimes in surprise/confusion. Justice League promises to be bigger and better, as it now has ‘The Flash’. LogiNext has enhanced and boosted many such leagues in integrated ERPs around the world.
This is how Myntra used LogiNext’s cloud-based last mile delivery optimization solutions to make their e-commerce deliveries simpler, faster, and more accurate. Now Myntra can plan, allocate, direct, and track all their deliveries simply using LogiNext Mile. This is how Myntra, one of the top e-commerce companies in India, manages its logistics.
Netflix Originals, which has stormed the internet globally, Narcos accurately depicts the rise and fall of Medellin drug cartel across first two seasons which revolve around the drug lord Pablo Escobar and the United States Drug Enforcement Agency (DEA) trying to nab him down.