Streamlined AI-powered delivery automation for the enterprise
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The last two years have seen a significant increase in home deliveries. According to the World Economic Forum, around 60% of the world's population will live in cities by 2030, and last-mile deliveries are expected to increase by another 78%.
Currently, the size of the global last mile delivery market is $130 billion, with 4,160 packages being shipped every second. The number stands at around 150 billion a year – a number that is constantly rising due to the growth of e-commerce and changing consumer behavior – according to the Pitney Bowes Parcel Shipping Index. . All major organizations like McDonald's, Starbucks, Walmart and UPS are investing heavily to focus on home deliveries and provide the best digital delivery experience.
Nowadays, everything can be ordered online and businesses need to be ready to meet these customer demands. Business-to-consumer (B2C) and business-to-business (B2B) shipping has increased dramatically, and customers expect the best delivery experience.
LogiNext, a New York-based logistics automation technology company for large enterprises, says its proprietary artificial intelligence (AI)-based logistics management solutions provide a software-based solution as as a service (SaaS) to help companies digitize, optimize and automate end-to-end logistics operations. Using predictive ETAs, the platform springs into action even before a consumer places an order online and helps a brand orchestrate deliveries until they reach the doorstep (including managing feedback).
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LogiNext CEO Dhruvil SanghviSource: LogiNextDhruvil Sanghvi, CEO of LogiNext, told VentureBeat that LogiNext's platform has tracked over 13 billion location data points, supporting and processing over 500 million orders per year. According to Sanghvi, LogiNext's platform enables customers to deliver faster and more efficiently, by providing clear information on the best possible routes for drivers and providing real-time visibility into all logistics operations. /p> The challenges around home delivery
Sanghvi noted that traditional brands aiming to offer door-to-door delivery like digital natives have a few hurdles to jump through.
1. Lack of digitization: Several large organizations have logistics operations heavily dependent on manual tasks. Digitizing processes, from inventory management to e-signature collection to analytics and reporting, is essential for home delivery operations to run smoothly.
2. Legacy technology systems: Although many companies use certain technologies, these are often on-premises legacy systems that are expensive to install and maintain. New-era SaaS platforms can easily replace legacy systems and provide operations managers with a great digital experience to manage deliveries.
3. Driver Management: There are orders coming from multiple channels and organizations rely on in-house drivers or...
Couldn't attend Transform 2022? Check out all the summit sessions in our on-demand library now! Look here.
The last two years have seen a significant increase in home deliveries. According to the World Economic Forum, around 60% of the world's population will live in cities by 2030, and last-mile deliveries are expected to increase by another 78%.
Currently, the size of the global last mile delivery market is $130 billion, with 4,160 packages being shipped every second. The number stands at around 150 billion a year – a number that is constantly rising due to the growth of e-commerce and changing consumer behavior – according to the Pitney Bowes Parcel Shipping Index. . All major organizations like McDonald's, Starbucks, Walmart and UPS are investing heavily to focus on home deliveries and provide the best digital delivery experience.
Nowadays, everything can be ordered online and businesses need to be ready to meet these customer demands. Business-to-consumer (B2C) and business-to-business (B2B) shipping has increased dramatically, and customers expect the best delivery experience.
LogiNext, a New York-based logistics automation technology company for large enterprises, says its proprietary artificial intelligence (AI)-based logistics management solutions provide a software-based solution as as a service (SaaS) to help companies digitize, optimize and automate end-to-end logistics operations. Using predictive ETAs, the platform springs into action even before a consumer places an order online and helps a brand orchestrate deliveries until they reach the doorstep (including managing feedback).
EventMetaBeat 2022
MetaBeat will bring together thought leaders to advise on how metaverse technology will transform the way all industries communicate and do business on October 4 in San Francisco, CA.
register hereLogiNext CEO Dhruvil SanghviSource: LogiNextDhruvil Sanghvi, CEO of LogiNext, told VentureBeat that LogiNext's platform has tracked over 13 billion location data points, supporting and processing over 500 million orders per year. According to Sanghvi, LogiNext's platform enables customers to deliver faster and more efficiently, by providing clear information on the best possible routes for drivers and providing real-time visibility into all logistics operations. /p> The challenges around home delivery
Sanghvi noted that traditional brands aiming to offer door-to-door delivery like digital natives have a few hurdles to jump through.
1. Lack of digitization: Several large organizations have logistics operations heavily dependent on manual tasks. Digitizing processes, from inventory management to e-signature collection to analytics and reporting, is essential for home delivery operations to run smoothly.
2. Legacy technology systems: Although many companies use certain technologies, these are often on-premises legacy systems that are expensive to install and maintain. New-era SaaS platforms can easily replace legacy systems and provide operations managers with a great digital experience to manage deliveries.
3. Driver Management: There are orders coming from multiple channels and organizations rely on in-house drivers or...
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