World Post & Parcel announced FarEye, the Logistics Management Solution as the first Indian company to win the “Oscar for Logistics” for its flexible, scalable and future-oriented mobile solutions
New Delhi, India, June 8, 2017: FarEye, a Global Logistics Management Solution has claimed top honors at the World Post & Parcel Awards, 2017 which were held at the Hotel du Collectionneur, Paris on June 7th, 2017.
Often, regarded as the Oscar for Logistics industry, World Post & Parcel Awards celebrates the successes of the emerging talents in Mail and Express industry across the globe. Kushal Nahata, Co-founder & CEO of FarEye and Gaurav Srivastava Co-founder & CTO of FarEye were present at the gala evening to receive the prestigious award on behalf of the entire FarEye team spread across various countries.
Expressing his delight on winning the award, Kushal says, “We founded FarEye in 2013 with a vision to solve the huge challenge of visibility and inefficiencies in the supply chain industry. We would take this opportunity to thank our incredible team and clients for their continued faith in us. Having achieved this milestone, we shall continue to march forward with a focus on serving our clients better, every day! ”
Gaurav adds, “FarEye has been revolutionizing the supply chain operations for enterprises by empowering
FarEye created world’s first Business Process Management platform for Logistics operations to optimize the supply chains, bring
FarEye brings the expertise of working with larger enterprises across the industry verticals including Express, Supply Chain, Retail, Financial Services and Pathology. The logistics management solution has been empowering the likes of DHL India, Zalora, Walmart India, Hero FinCorp, Amway India, Hitachi, Bajaj Capital and over 75 large organizations across 15 countries globally.
FarEye had raised Series A funding last year to cater to overseas demand with offices in Dubai and Singapore. Forecasting the demand from developed markets, FarEye has already expanded in US and Europe with some of the large enterprises on board and in parallel running multiple pilots for others.
To know more about our mobility solution, please drop a text on http://bit.ly/2nvGlrn
Innovative IoT solutions are also powering automatic monitoring of cargo, smart driver management, theft prevention, and dynamic route planning. Hence, leveraging IoT businesses can optimize logistics processes to ensure faster and cost-effective deliveries.
Businesses in European countries like the UK, Germany, Spain, and others are juggling with new supply chain and logistics strategies to deliver delightful customer experiences. But making customers happy and staying profitable is not easy. Therefore, emerges the need to digitize the core supply chain and logistics processes to reduce operational expenses and deliver efficiently on customer expectations.
Just like cricket, supply chain management is a game of glorious uncertainties. Therefore, plan A does not always work. Modern digital supply chains consider various scenarios of demand/supply, work force and fleet availability, traffic conditions, customer preferences, and cost to increase predictability and certainty of operations.