Want to optimize your Supply Chain?
Locus is the most advanced supply chain decision-making engine helping you reduce costs, and achieve efficiency, consistency & transparency in operations.
What's new @ Locus - Enterprise SSO, Locus 2.0, Homebase clubbing, and more...
The first half of 2020 has definitely tested the robustness of the health of both people and processes in supply chains. Together we have faced changing regulations, demand, and disruptions to our supply chain. And Locus is fully committed to ensuring that you get the best route plans, live tracking of deliveries, and operation analytics even in these trying times.
Why are Last Mile Delivery Services Important in the Post-Coronavirus World?
There will be a 20% growth in online retail share by 2023, and there will be a 10% increase in instant delivery. – Future of last-mile interventions Due to COVID-19, customers have become accustomed to online shopping. This change in their shopping habits is making the logistics industry refocus on last mile delivery services.
How Artificial Intelligence can Optimize the Online Fashion Supply Chain
AI in Fashion Supply Chain: The world of fashion has changed drastically since the outbreak of the Coronavirus pandemic. The first blow to the industry was the shutting down of the world’s largest textile producing and exporting country in the world, China.
The Role of AI in Ensuring Excellent Home Diagnostics Services in Times of COVID-19
The COVID-19 pandemic has confined people to their homes, restricting travel, and non-essential outdoor activities for months. Recent surveys show that the demand for home diagnostic services is increasing as people across the United States shelter in place due to the pandemic. People who wouldn’t have dreamed of tackling a home appliance repair are now fixing their freezers, refrigerators, washers, and dryers.
Last Mile Customer Experience: It is no longer about reaching destinations, it is about reaching people
73% of all people in the US point to last mile customer experience as an essential factor in their purchase decisions. – PwC, Future of Customer Experience report. Last mile delivery is the only chance where a brand has to actually meet the customer. This impression creates an image of your business and messing up in this stage could hurt your reputation. Hence, building a positive customer experience matters a lot in last-mile delivery.
Multi-stop route planning and why is it important?
Planning multiple routes manually is a burdensome and time-consuming affair. Fleet managers should factor in various route constraints while planning routes such as traffic congestion, roadblocks, and so on. There are likely chances of making mistakes, which can ultimately result in disappointed customers.
Early Signs of Activity: Locus On The Ground Report (May)
Lockdowns around the globe are slowly being lifted, and businesses are thus opening up. May saw some early signs of activity across sectors. The situation is nowhere near ‘normal’, but it is still a start. We hope that this ‘Locus On The Ground’ May Report will give a peek into what is now being called the ‘new normal’.
Why Geocoding matters and the tech behind it
Team Locus Vittal Sirigiri, one of the top data scientists in Locus, has had quite the professional journey—investment banker, cofounder of a food business, self-taught coder, he’s worn many hats.
Why Retail Brands are Gunning for Direct-to-Consumer Sales During COVID-19
The Coronavirus apocalypse is perhaps the biggest blow to mankind in a long time. It has transformed societies, governments, healthcare systems, economies, and our lifestyles in unforeseen ways.
Vehicle Routing Problem Decoded: What, Why and How
Vehicle Routing Problem is a constant in the last-mile delivery business. It happens due to the delivery and resource constraints planners face while coming up with minimum-cost vehicle routes.
How to choose Route Optimization Software for Small and Mid-Sized Fleet?
The dispatch planning process has become quite complicated, with a varied mix of daily customer orders and multiple options for vehicles and routes. This complexity has made delivery companies search for good route optimization software for their small and mid-sized fleets.
What’s new @ Locus – Fleet Optimization, LOTR upgrades, and more…
We want to start this by saying a big thank you for being there with us and trusting Locus with building your supply chain strategies. We hope that you are reading this from a safe space along with your loved ones. We will all come out of this stronger.
Why Buy Online and Pick Up In-Store (BOPIS) is the need of the hour for retailers
By 2021, 90% of retailers will offer BOPIS, and 75% of them will be able to identify and customize their customers. – Retail Touchpoints Report
Hyperlocal Delivery Markets See a New Dawn in the US During COVID-19
Halfway through the year of the pandemic, we’re living in a completely different world now. Novel Coronavirus has not just endangered human lives, it has hit the world economy hard and impacted several industries around the globe.
Find out how Locus can help your business
Get omnichannel retail fulfillment, reduce manual interventions, track operations effortlessly.
Explore our Tailor-made Consulting Solutions
Strategic supply chain decision making is becoming more dynamic, as the industry landscape shifts towards digitization. For sustained value and organization growth, these decisions should be driven by insights and visualizations of existing data. Aided by a renowned and world-class data science team, Locus Consulting brings in technology, insights and supply chain expertise to drive innovative and contextual solutions.
Summarised below are Locus consulting offerings which can help facilitate supply chain decision making:
Locus builds scenarios and simulates the end-to-end supply chain network which is focussed on minimizing total landed cost.
Locus enables you to optimize your sourcing from vendors and warehouses distributed across the globe resulting in substantial cost-saving opportunities.
Locus' proprietary Machine Learning based models can help you increase asset utilization, improve customer service, and drive down operating costs.
As omnichannel fulfillment continues to create complexities in terms of product mix and market dynamics, Locus helps create market differentiation by optimizing sales beats, distributors and retail outlets
Impact on your business:
- Reduce Total Landed Cost and Cost to Serve
- Optimize demand fulfillment across the supply chain network
- Increase Service levels hence contribute to revenue increase
- Design/Re-design Supply chain Network, Sales field force, Transportation and Sourcing Strategy
- Save 15-20% of operational costs across different sectors of the businesses
Innovation Driven by Technology
Locus uses deep learning and proprietary algorithms to automate every mile of the supply chain and remove the human dependency in decision making.
At the heart of our products is heuristic technology that is close to real life and takes into account unpredictable on-ground factors to provide logistics optimization.
In The News
India’s Locus raises $22 million to expand its logistics management business
Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets.
Locus raises $22 million to automate logistics
Locus, a logistics and supply chain automation platform that helps shippers optimize their route planning, track orders, and access analytics, has raised $22 million in a series B round of funding from Falcon Edge Capital, Tiger Global Management,...
Locus: Creating a difference in the supply chain
Disruptive technologies such as big data, analytics, artificial intelligence, and mobile networks have entirely transformed the supply chain. Enabled by digital solutions, companies can now collect vast amounts of data at different points in their...
Helping Companies Around the Globe Solve Their Most Pressing Supply Chain Challenges
In a world where customers expect fast, accurate deliveries within specified timeframes, companies need all the help they can get in meeting and exceeding those expectations. Driven by large e-tailers like Amazon, those expectations are changing b...
Tech firms add glitter to e-commerce sale season
The festive season in India seems to cheer up the e-commerce industry the most with over 80% of the total sales occurring during this spell. And this year, the giants of the sector are expecting a 70% jump in sales by value.
Locus Listed as a Representative Vendor in Gartner's Market Guide for Vehicle Routing and Scheduling
Locus, a global B2B SaaS company that automates human decisions in the supply chain, today announced that it has been identified as a Representative Vendor in the Gartner 'Market Guide for Vehicle Routing and Scheduling' report1. Gartner is a lead...
The Economic Times
This Bangalore-based startup promises to solve all inefficiencies for a logistics company
Locus is a state-of-the-art decision-making platform which optimizes logistics operations to provide consistency, efficiency and transparency. Locus promises to solve any inefficiencies for a logistics company, offering them the entire tech stack ...
Logistics solutions provider Locus targets two million orders a day by 2019
In the wake of a nationwide uproar after an Uber driver raped a passenger in Delhi in December 2014, Nishith Rastogi and Geet Garg developed RideSafe, a real-time route deviation detection application for women’s safety. The application, however, ...
Five Logistics Trends That Will Dominate 2019
2018 saw a market that made the consumer king. Focus on enhancing customer experience and reducing the product delivery cycle meant that organizations invested heavily in making their supply chains more efficient and transparent.
A decade in logistics: before and after
As technology begins to take centerstage in global logistics, Nishith Rastogi, chief executive officer and founder of Locus.sh, reflects on the fascinating trends that will define logistics as much more than a support function.
[Funding alert] The lowdown on AI logistics startup Locus' $22M funding by Falcon Edge and Tiger Global
AI-backed supply chain optimisation company Locus secured $22 million in a Series B round of funding led by Falcon Edge Capital and Tiger Global Management, with participation from existing investors Exfinity Venture Partners and Blume Ventures. T...
Forbes: 30 UNDER 30
Nishith Rastogi, CEO and Founder of Locus.sh featured in Forbes Asia's 30 under 30.