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.
According to the American Trucking Associations, freight tonnage hauled by trucks would increase by 27% (between 2016 and 2027). With global retail sales to touch $27 trillion by 2020, it just adds to the problems of high volume and restricted resources. Most of these companies would win or lose based on how they optimize their last mile deliveries.
How you perceive your logistics management solutions affect how you allocate and direct your last mile deliveries. Your last mile delivery management system has a purpose. It is a crucial factor in how you satisfy the market demand and that too, on-time.
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.
According to NOVONOUS, “Indian logistic industry presently is of whooping $300 billion” and “will grow at 1.5–2 times the GDP” suggests Empirical Evidence. The influx of startups like mushroom surfacing the e-commerce array has added to the accelerated growth.