Imagine you have 1000 parcels to deliver and many trucks at your disposal. Assuming a single truck has a 100-parcel capacity, the number of possible combinations of routes from one address to other could be 6385051192630513023669851114202227428126290069385333177628681.
A human brain cannot practically process these many numbers of possibilities.
Feed in as many addresses as you can and have a route ready within minutes. FarEye’s internal database of over 1 billion stored addresses improves the address quality by 20-25%. Another layer of intelligence is further applied to convert the text-based addresses to geo-pins on the map for optimal routing, saving a substantial share of the ‘last-mile’ cost that constitutes about 28%-32% of the total logistics costs, thus reducing miles per delivery. It also empowers customers with real-time visibility by providing live tracking links and zero-error ETA. Thus, enhancing their overall buying experience which in turn plays a huge role in ensuring brand loyalty.
Geo-Coding converts English addresses to mark positions on a map, then Geo-fences mark areas that should not be clubbed when creating routes.
Our business rule engine is configurable for precise details like
Auto Routing then allows smart assignment of jobs to drivers as and when jobs originate. The most optimum route is achieved with - Score based routing. Dynamic Routing is also enabled. A manager can ‘assign to route’ a new pick up or return order on demand; considering the rider’s best efficiency, location proximity and vehicle capacity.
All this and a bunch of other algorithms are at your service!
DID WE MENTION IT’S FAST? See all this magic happen in fractions of a second.
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There is a need for the enterprises to partner with the best technology platforms which can help them grow and cater to the demands of the consumers in this ever-changing digital world!
With the penetration of Mobile Internet and the rise of ecommerce being the turning point for this trend, the ecommerce and logistics players should focus on investing time and strengthening the last mile delivery operations. To understand what drives the Logistics in South East Asia we at FarEye, did a small case study with the Logistics giant Acommerce.
FarEye's CEO, Kushal Nahata awarded at the India Retail & eRetail Congress