Gartner has recently released a Market Guide for Vehicle Routing and Scheduling, mentioning the notable vendors including FarEye.
The eCommerce industry has grown exponentially in the past two decades. Customer centricity and user experience have become the focus areas, making last-mile logistics, a key to cut the clutter in such a competitive market. 86% of consumers believe that delivery is an important part of their online shopping experience as it is the only actual touch point for customers in the world of eCommerce. Therefore, making it necessary for logistics companies to invest in digital logistics.
Over and above everything, with high operational costs, the logistics and distribution companies must use industry’s most efficient vehicle routing software that enhances operational efficiency and increases first-time delivery attempts by optimizing last mile delivery routes for zero-error ETAs and customer empowerment with real-time event alerts & notifications.
The report emphasizes the increased need for real-time, dynamic technology by logistics enterprises to improve vehicle routing in a volatile transportation environment. With increasing customer expectations, perpetual demand for shorter turnaround time and higher shipment volumes, it is imperative that logistics companies strengthen their last-mile delivery process, which is the only actual touch-point between the brand and the customer.
FarEye’s vehicle routing software helps organizations address the challenges of – rising customer demands, increasing operational costs, increasing driver shortage, high parcel volumes by providing dynamic workforce management. It is the industry’s most efficient, flexible and robust route optimization software that allows automatic assignment of jobs to field executives as and when jobs originates.
FarEye’s intelligent platform converts lexical addresses into geographic coordinates (Geo-coding) which are used to mark positions on a map. Managers can create different geofences as a guide for
FarEye offers the customers, real-time visibility of their shipments with the flexibility to select their preferred time-slot and delivery location (parcel/locker deliveries) thus increasing the brand’s Delivery Happiness Score!
While different organizations may measure on-time delivery differently, it can be defined as the number of shipments delivered on time to the customer with respect to the total number of orders shipped. And if this number happens to be low, it can signify potential issues in your supply chain that must be addressed to improve the overall efficiency of your processes, as well as the user experience.
In today’s world where technology is dynamic, shoppers expect an open communication experience and live visibility of the order delivery. In a highly competitive market, the customer’s happiness score is very important for businesses. Players in the last-mile industry need to acclimatize to new industry landscape and not just efficient but intelligent last mile processes.
Storing and securing data is most important for enterprises because it helps in analysing the operations, customer behaviour through better decision making. Also, it helps in storing the data which can be used for later purposes.