Nearly 80 per cent of businesses across Asia are harnessing the technology
to enhance their last-mile efficiency, but a staggering 84 per cent lack
confidence in their processes to drive growth and enhance customer experiences
according to the findings of an industry report on last mile logistics in India
Indonesia United Arab Emirates and other Asian countries according to media
reports.
These findings underscore that there’s widespread adoption of technology
in the industry however, a majority of businesses are not able to leverage it
to its full potential.
Hardly 40 per cent of the EXIM businesses in Asia have
scratched the surface of tech-
driven last-mile prowess, showing that there is an
untapped opportunity for businesses
to achieve success..The report shows progress and gaps in the ecosystem and the
pivotal role of
technology in driving business success.
Solving deep-seated last-mile challenges requires a deep understanding of
your business’s last-mile maturity. Therefore, to help businesses across
sectors gauge their maturity and supercharge their last-mile growth, the
company launched the Last-Mile Maturity Assessment. Data from these responses
has shown that today only 40 per cent of businesses in Asia have scratched the
surface of tech-driven last-mile prowess, showing that there is an untapped
opportunity for businesses to achieve success. We want this report to reflect
key trends and opportunities for businesses, so can they get inspired to
optimize their logistics and achieve greater revenues and superior customer
experiences.”
Key findings of the report include India emerges as a leader in advanced
analytics with a score of 3.59 out of 5, pointing to the growing reliance of
businesses on big data analytics and other new-age technologies to optimize and
transform their last-mile into revenue generating machinery.
India excels in workforce empowerment in the last-mile logistics with 3.42
out of 5, indicating that the businesses are investing in and leveraging robust
tech solutions such as advanced route planning, geocoding, etc., to make the
lives of the delivery drivers better.
The UAE leads in
Last-mile Excellence with an impressive score of 3 out of 5. In fact, a whopping 70
per cent of the UAE businesses are embracing multiple last-mile technologies,
reshaping customer expectations in the booming e-commerce landscape in the
region.
The report offers vital
industry insights into 3PL & CEP, e-commerce, retail, manufacturing, and
other sectors. For instance, it highlights a common trend where sustainability, though
considered strategically important, often lacks comprehensive follow-through.
Specifically, carbon emissions tracking is overlooked in 3 out of 5 industries.
Overall, the analysis shows that 49 per
cent of global organizations lack confidence in tracking sustainability metrics
to reduce emissions and fuel consumption.