Read our most trending blogs about technology backed logistics and field workforce optimization.
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.
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.
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 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.
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.
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.
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’.
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.
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 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.
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.
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.
By 2021, 90% of retailers will offer BOPIS, and 75% of them will be able to identify and customize their customers. – Retail Touchpoints Report
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.
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