79% Asian firms use technology for logistics boost
WAREHOUSING & LOGISTICS

79% Asian firms use technology for logistics boost

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
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Next Story
Infrastructure Energy

ASECOL Launches 50 MW Solar Power Plant in Chitrakoot

ASECOL, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh. The plant has a 25-year Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) at Rs. 3.07/kWh. This milestone increases AGEL's total renewable energy capacity to 3,520 MW, moving closer to its 25 GW target by 2025. With the successful commissioning of this plant, AGEL’s operational solar generation capacity exceeds 3 GW. The company’s total renewable capacity stands at 15,240 MW, including 11,720 MW under development. The facility..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000