OEM’s like Samsung, Xiaomi, Nokia, etc have entered a steep competition in a billion-dollar Indian market where the average middle-class consumer is growing day by day. They are investing a lot of money in their distribution channels as they want to reach out to the remotest corners of India.
Creating a distribution channel along with an integrated logistics network for urban India is a very expensive affair and will take a long time. But the fact also cannot be denied that a majority of Indian population living in tier-3,4 cities and urban areas are still untapped by these huge OEM players. It can be a game-changer to them if somehow their products have access to this huge market.
The complexity of the situation can be judged by the fact that e-commerce giants like Amazon, Flipkart, etc are spending millions to enhance their last-mile delivery process but still are far away from it. While these giants are battling it out to reach to the remotest corners of the country, we have a player named 72 Networks which is a PAN India distribution house specializing in last-mile delivery with special focus on rural areas. Unlike traditional distribution, 72 Networks relies on cutting edge technology to be the cornerstone for driving businesses. Their primary competitive advantage is their extensive network set up with a ”No ODA Concept” to deliver to over 12,000 pin codes in the 14 states across 46 warehouses.
72 Networks have access to a consumer base of around 150 million Through Microfinance Companies like BFIL, Spandana, Fusion, etc and to date, they have made over 2,00,000 individual rural deliveries across the country and have closed the FY 2018-19 with a positive top line of INR 70 crores. They have also tied-up with OEM’s like Samsung, MI, Nokia, Singer, Delight, etc and are providing alternate sales channels for their primary sales. This is not only providing the OEM’s with an extensive reach to rural India but is also opening up multiple avenues for market growth.
72 Networks is excited to get into their next business growth phase which is to use technology – primarily AI as a tool to drive the businesses thereby achieving higher profitability and reach 300 Crores of business in FY 2019-20.
The author is CEO & Co-founder of 72 Networks
By Srinivas LNew age logistics companies are using technology to make massive supply chains easier to manage.
Effortless and accurate real-time tracking of products is among the many reasons why 4G facilitated the e-commerce industry.
They know the near to accurate location and time of the deliveries.
In instances when an order is canceled while in transit, they are alerted immediately saving effort, time, and their employers’ money.
By providing SMEs real-time tracking of incoming and outgoing deliveries, new age logistics companies are making shipping more straightforward than ever before.
Artificial intelligence is helping the supply chain managers manage huge supply chains by assisting in decision making.
This article will tell you how to minimize last mile delivery issues
Last-mile delivery logistics is no rocket science. It is one of the most common networks in the transportation industry.
And I think this guide will act as an eye-opener for anyone facing confusion with last-mile deliveries.
To the ones within the industry, they know how vast and important it is last-mile delivery logistics.
It contributes about 28 percent of the total cost of the shipment. In addition, growth in e-commerce is also rising and radicalizing the way shippers look down at last-mile logistics.
Moreover, logistics of e-commerce which includes fulfillment and delivery has further made last mile very crucial in the transport industry.
The Last Mile Delivery market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the last mile delivery market include United Parcel Service of America, Inc., FedEx Corporation, USPS, XPO Logistics Inc., DHL International GmbH, Ryder System Inc., Schneider National Inc., J.B. Hunt Transport Inc., ArcBest Corporation, SEKO Worldwide LLC.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Last Mile Delivery Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/last-mile-delivery-market/download-sampleMarket DynamicsFlourishing e-commerce, growing millenials, and businesses is steering the growth of global last mile delivery market.
Consumers increasingly turn to e-commerce for all their shopping needs speedy fulfillment.
Along with emerging trends, the market is facing some challenges which include complexity, navigating traffic, and shortage of drivers.
