Locus Recognized as a Representative Vendor for the Third Consecutive Year in Gartner® Market Guide for Last-Mile Delivery Technology Solutions
SAN FRANCISCO, Dec. 22, 2022 /PRNewswire/ — LocusGartner Market Guide for Last Mile Delivery Technology Solutions 2022 recognized, a cutting-edge technology company that strives to be the best in Last-Mile logistics. This marks the third consecutive mention of the company by Gartner Market Guide to Last-Mile Delivery Technology Solutions.
Gartner Market Guide states that many companies are looking to create an Amazon-like experience while enhancing their last-mile capabilities. Organizations are primarily interested in last-mile technology because of their business needs.
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Customer experience
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Visibility
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Operational efficiency and cost optimization
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Service differentiation
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Automation
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Transportation sustainability
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Changes in business models; more emphasis on B2C.
The development of the country is discussed here Nishith RastogiLocus’ CEO and Founder, said, “We are humbled to be positioned as a Representative Vendor in the Gartner® Market Guide for Last-Mile Delivery Technology Solutions for the third consecutive time. This recognition confirms our commitment to deliver innovation and excellence to clients, enabling us to transform last-mile operations into a revenue-generating asset. We are uniquely placed to optimize delivery orchestration across diverse industries and geographies thanks to our dispatch management software.
The market guide stated that there is a growing demand for last-mile delivery applications and that the outlook is positive. Shippers and investment firms will show strong interest in e-commerce growth.
Previously, Locus was recognized in 2022 Gartner® Hype Cycle™ for Supply Chain Execution Technologies and Hype Cycle for Smart City Technologies and Solutions, 2022 and as a Representative Vendor in 2021 Gartner® Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies.
Source:
Gartner, Gartner Hype Cycle Research Methodology
Gartner. ‘Hype cycle for supply chain execution technologies, 2022’. Dwight Klappich, 27 June 2022.
Gartner. “Hype cycle for Smart City Technologies and Solutions,” 2022. Bettina Tratz-Ryan, Bill Finnerty, 22 July 2022.
Gartner, “Market Guide for Vehicle Routing, Scheduling, and Last-Mile Technologies”, Oscar Sanchez Duran, Bart De Muynck, Carly West, 13 December 2021.
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Locus
Locus’ order-to-delivery dispatch management software Through advanced optimization algorithms, intuitive workflow automation, it helps companies transform their Last Mile logistics from cost centers into revenue generators. Backed by GIC Singapore, Tiger Global, Qualcomm Ventures, and Falcon Edge, it has helped many global customers across industries – Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, etc. – execute 650 million deliveries across 30+ countries. Its technology also saved millions of dollars. $200 million in transit costs, and offset 70,000,000 kilograms of CO2 Emissions while maintaining a 99.5% SLA compliance ratio.
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SOURCE Locus