79% Asian firms use technology for logistics boost
20 Sep 2023
2 Min Read
CW Team
Locus, a SaaS company, has released a new report on Asia's last-mile logistics in India, Indonesia, UAE, and other countries. According to the report, there has been progress and gaps identified in the ecosystem, and it emphasises the pivotal role of technology in driving business success.
The report indicates that 79% of businesses across Asia are utilizing technology to improve their last-mile efficiency. However, a staggering 84% lack confidence in their processes to promote growth and enhance customer experiences. These findings highlight the widespread adoption of technology in the industry, but a majority of businesses are unable to fully leverage its potential.
Mehul Kapadia, Chief Revenue Officer at Locus, stated in a press release that solving deep-seated last-mile challenges necessitates a profound understanding of a business's last-mile maturity. To assist businesses in various sectors in assessing their maturity and boosting their last-mile growth, the Last-Mile Maturity Assessment was recently introduced. Data from these responses indicates that currently only 40% of businesses in Asia have explored the realm of tech-driven last-mile expertise.
This suggests that there is an untapped opportunity for businesses to achieve success. The aim of the report is to highlight significant trends and opportunities for businesses, inspiring them to optimize their logistics for increased revenues and superior customer experiences. The report reveals the performance of businesses across five key logistics metrics, which include Last-Mile Excellence, Customer Experience, Workforce Empowerment, Advanced Analytics, and Sustainability.
Also read:
India and Russia to launch Eastern Maritime Corrido
Rosatom, Gazprom Neft agree to northern sea route
Locus, a SaaS company, has released a new report on Asia's last-mile logistics in India, Indonesia, UAE, and other countries. According to the report, there has been progress and gaps identified in the ecosystem, and it emphasises the pivotal role of technology in driving business success.
The report indicates that 79% of businesses across Asia are utilizing technology to improve their last-mile efficiency. However, a staggering 84% lack confidence in their processes to promote growth and enhance customer experiences. These findings highlight the widespread adoption of technology in the industry, but a majority of businesses are unable to fully leverage its potential.
Mehul Kapadia, Chief Revenue Officer at Locus, stated in a press release that solving deep-seated last-mile challenges necessitates a profound understanding of a business's last-mile maturity. To assist businesses in various sectors in assessing their maturity and boosting their last-mile growth, the Last-Mile Maturity Assessment was recently introduced. Data from these responses indicates that currently only 40% of businesses in Asia have explored the realm of tech-driven last-mile expertise. This suggests that there is an untapped opportunity for businesses to achieve success. The aim of the report is to highlight significant trends and opportunities for businesses, inspiring them to optimize their logistics for increased revenues and superior customer experiences. The report reveals the performance of businesses across five key logistics metrics, which include Last-Mile Excellence, Customer Experience, Workforce Empowerment, Advanced Analytics, and Sustainability.
Also read:
India and Russia to launch Eastern Maritime Corrido Rosatom, Gazprom Neft agree to northern sea route
Next Story
South West Pinnacle Wins Rs 30 Cr Oman Mining Contract
South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman鈥檚 investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle鈥檚 growing footprint in international exploration and mining services.
..
Next Story
Godrej GEG Boosts Intralogistics with AI and Green Tech
Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20鈥�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..
Next Story
Amit Shah Inaugurates Key Projects Across Gujarat
Union 亚博体育官网首页 Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat鈥檚 Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state.
..