With the technological advent of the 21st century, logistics industry has turned a new leaf towards being fast, convenient and extremely fluid. Mutually benefitting from logistics, the e-commerce industry also has been growing rapidly around the globe. As goods and services are being delivered with ease across different continents overnight, this advent has given rise to several new trends in the field of logistics. Here are the top 3 logistics trends in India:
Tier 2 and Tier 3 Cities
The e-commerce industry is moving towards capturing the markets of tier 2 and tier 3 cities in India. To take advantage of this rise in demand of goods, it essential for e-commerce logistics to develop a network of branches and locations for delivery services in high-growth cities. Tier 2 and tier 3 cities in India are expected to contribute over Rs.350 million to the e-tailing industry by 2018.
Cash-on-Delivery
The fastest growing trend in the Indian e-commerce market is Cash-on-Delivery (CoD). It currently stands as the dominant method of payment in India. The biggest differentiator for logistics companies will be their ability to manage a large amount of cash flow.
Vehicle Tracking Systems
One of the biggest benefits of technology is the ability for logistics companies to make deliveries faster. Several delivery companies have developed express cargo delivery systems that promise services like next-day delivery. Vehicle tracking plays a crucial role in providing necessary control and route planning for faster deliveries. Vehicle tracking systems have several other benefits like safety from theft, monitoring driving patterns, control over fuel, consignment management and customer access to track shipments.
Several e-commerce logistics companies have started to leverage technology to gain a competitive age in the market. Delivery companies like TCI Express offer express cargo services across the country. Delivering till the last mile is the upcoming trend in this rapidly growing, competitive industry. Further potential for innovation exists as delivery companies strive to deliver the best and improve consumer experience without impacting logistics costs in a high-growth market like India.
Tier 2 and Tier 3 Cities
The e-commerce industry is moving towards capturing the markets of tier 2 and tier 3 cities in India. To take advantage of this rise in demand of goods, it essential for e-commerce logistics to develop a network of branches and locations for delivery services in high-growth cities. Tier 2 and tier 3 cities in India are expected to contribute over Rs.350 million to the e-tailing industry by 2018.
Cash-on-Delivery
The fastest growing trend in the Indian e-commerce market is Cash-on-Delivery (CoD). It currently stands as the dominant method of payment in India. The biggest differentiator for logistics companies will be their ability to manage a large amount of cash flow.
Vehicle Tracking Systems
One of the biggest benefits of technology is the ability for logistics companies to make deliveries faster. Several delivery companies have developed express cargo delivery systems that promise services like next-day delivery. Vehicle tracking plays a crucial role in providing necessary control and route planning for faster deliveries. Vehicle tracking systems have several other benefits like safety from theft, monitoring driving patterns, control over fuel, consignment management and customer access to track shipments.
Several e-commerce logistics companies have started to leverage technology to gain a competitive age in the market. Delivery companies like TCI Express offer express cargo services across the country. Delivering till the last mile is the upcoming trend in this rapidly growing, competitive industry. Further potential for innovation exists as delivery companies strive to deliver the best and improve consumer experience without impacting logistics costs in a high-growth market like India.
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