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Press Release

June 25, 2024

Locus Recognized in the 2024 Gartner® Market Guide for Last-Mile Delivery Technology Report

San Francisco, 25 June 2024: Locus, a global AI-powered integrated logistics management SaaS company, has been recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Last-Mile Delivery Technology Solutions (LMD) Report.

This recognition comes shortly after Locus was also recognized in the 2024 Gartner® Market Guide for Multicarrier Parcel Management Solutions (MCPMS) Report, which we believe is reinforcing the company's impactful presence across the logistics technology landscape.

Locus has continued to drive innovation within the logistics sector, leveraging technology to optimize last-mile delivery and fulfillment, significantly reducing costs and enhancing customer experiences. According to the company, this recognition reflects the success and effectiveness of their comprehensive solutions tailored to the intricate needs of last-mile operations.

The Gartner Market Guide notes, “New digitalization initiatives, the increasing adoption of e-commerce, and the need to optimize transportation costs to improve the end-consumer experience and increase brand engagement are some of the challenges LMD solutions must solve. Pre- and post-purchase processes have been impacted by those challenges, requiring organizations to adopt technology that enables optimized delivery orchestration to provide more comfort, options, and a better experience overall to the end consumer.”

Speaking on the development, Nishith Rastogi, Founder and CEO of Locus commented, "We believe this acknowledgment by Gartner underscores our commitment to technological innovation and excellence in logistics operations. For close to a decade, we have been extremely proud of setting new benchmarks for last-mile fulfillment and elevating the quality of customer experience in this complex but crucial domain. We are excited about the possibilities that AI holds in developing new standards of last-mile excellence and customer experience, and we look forward to developing a new generation of leading-edge solutions to set these benchmarks and unlock real-world growth at scale."

Sources:

Gartner, Market Guide for Last-Mile Delivery Technology Solutions, Oscar Sanchez Duran, Carly West, Nathan Lease, 18 June 2024

Gartner, Market Guide for Multicarrier Parcel Management Solutions, Simon Tunstall, Brock Johns, Oscar Sanchez Duran, 27 May 2024

Gartner Disclaimer

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally. All rights reserved.

About Locus

Locus's order-to-delivery AI-powered dispatch and transport management software helps enterprises transform their logistics from cost centers to revenue generators. Backed by GIC Singapore, Tiger Global, and Qualcomm Ventures, Locus has facilitated over 1 billion deliveries worldwide, serving over 200 global customers across various industries.

Media Contacts

Karthika Anand

pr@locus.sh

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How can Locus help manage your logistics?

  • Locus’ proprietary geocoding engine converts the fuzziest of the addresses into precise geographical coordinates thereby helping your on-ground executives locate addresses easily.
  • Digitize all your operational variables such as fleets, delivery persons etc. to come up with the best route plan every day.
  • Track your orders in real-time with the Locus Live Dashboard. Locus’ all-mile delivery app Locus On The Road (LOTR) helps delivery partners process orders.
  • Visualize and tweak your scheduled plans via three key metrics— geography, time, & vehicle (fleet)—with a birds-eye view of your entire operations.
  • Build your own reports and analyze important parameters that you need to make key decisions.

Join Industry Leaders:

68m+ miles

Reduction in distance traveled

12m+ kgs

Reduction in GHG emissions

$330m+

Savings in logistics costs
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