Last mile delivery companies are leveraging various technological innovations to improve their services. Such tech-driven solutions and services help reduce operational costs, drive efficiency, and enhance home delivery experience for consumers.
According to Valuates Reports, the global last mile delivery market is projected to reach $42860 million in 2022 and grow to $75510 million by 2028 at a CAGR of 9.9 percent.
A significant reason for this growth is the array of innovative technological solutions sweeping across the last mile delivery arena. By leveraging blockchain, supply chain partners are interacting better and providing customers with a more accurate estimate of the package’s arrival. Cloud platforms are rising to popularity due to their capability to help last mile delivery companies store and access millions of data points from any remote location, and make changes to delivery schedules in real-time.
Last mile delivery companies are also relying on crowdsourcing delivery apps which help smaller or region-based retailers to improve their last-mile logistics platforms at a minimal cost. In addition to this, they are using direct consumer delivery apps to allow customers to update delivery options on the fly, which are then relayed to delivery agents.
This edition of Retail Tech Insights highlights the recent developments in the last-mile delivery arena and insights into how businesses are aligning with these trends to transform legacy practices.
We have curated thought leadership articles from industry experts, including the Executive Director of Analytics and Segmentation, Claire’s Inc, the Director, IT Production Support, Harbor Freight Tools, and Director of IT - Commerce Applications and ECommerce, Kelly-Moore Paints. We also took a deep dive into the market trends to narrow down the list of companies delivering robust last-mile delivery solutions and services. Equipped with innovative technological capabilities, the enlisted solution and service providers, such as ShipX, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Retail Tech Insights on last mile delivery helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts!
