LogiNext is a Representative Vendor in the 2021 Gartner Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies
We’re thrilled to announce that LogiNext, a new age tech platform for delivery management has been named a representative vendor in Gartner’s Market Guide for Vehicle Routing and Scheduling and Last Mile Technologies. Post the pandemic, on demand deliveries with next day delivery and same-day delivery windows, have become the norm, and optimizing the last mile has become a priority for brands and enterprises across industries.
The global last mile delivery market was over $108 billion in 2020 and is expected to cross $200 billion by 2027. The last mile delivery market is also very critical in the entire delivery cycle because it is also the most expensive; LogiNext estimates the last mile delivery cost to be more than 40% of the entire supply chain cost. This makes last mile optimization extremely critical with a lot of scope for automation and this is where LogiNext’s integrated delivery platform drives maximum value for enterprises.
“Consumer demands and habits keep changing due to advances in technology usage and vice versa, making organizations shift more toward a B2C model. Vehicle routing and scheduling (VRS) and last-mile software vendors are reacting to these changes by adding more customer-centric and -engagement capabilities,” shares Bart De Muynck, Oscar Sanchez and Carly West as one of the key insights of this market guide.
“Gartner’s Market Guides are among the most comprehensive reports and we’re immensely proud to be mentioned in this market guide for last mile technologies. LogiNext has been growing at an impressive 120% YoY over the past three years and last mile deliveries is one of the key areas where our customers acknowledge our solution provides great benefits to them. For us, this mention is a validation for the trust our customers have put in us, and the hard work our team has put in building a leading delivery management solution for brands which want to provide a great end customer experience,” says Dhruvil Sanghvi, Chief Executive Officer, LogiNext.
From the time a user goes on the web and looks for a product or subscription service till the product or service is delivered, there are several touch points where a transportation automation platform like LogiNext comes in- order management, order scheduling, ETA calculation, route optimization, and route planning, delivery driver management, customer invoicing and managing driver payrolls. The LogiNext platform delivers all of this as a white labelled SaaS solution with a modern and neat UI/UX which gives a great end customer experience and also makes life easier for CSCOs (Chief Supply Chain Officers), Digital Transformation Executives, and Operations Managers.
Apart from a mention in Gartner’s Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies, LogiNext has also been named a sample vendor in the Gartner Hype Cycle for Supply Chain Execution Technologies, 2021 and Hype Cycle for Smart City Technologies and Solutions, 2021.
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About LogiNext: LogiNext is a global technology firm that offers a Delivery Management Platform as a SaaS platform for large enterprises. The software helps brands across QSR (Quick Service Restaurant Chains), CEP (Courier, Express, and Parcel companies), eCommerce & Retail, and Transportation (3PLs, 4PLs, etc.) to digitize, optimize and automate deliveries across the supply chain. Growing at an average rate of 100% YoY, LogiNext has 200+ enterprise clients in 50+ countries with headquarters in New York and regional offices in Mumbai, Jakarta, Delhi, and Dubai. The logistics technology firm is backed with $50 million across three rounds of private equity investments by Tiger Global Management, Steadview Capital and Alibaba Group of companies.