FarEye, a pioneer in enabling digital logistics, joins hands with Emirates Post, one of the largest posts and parcel service providers in the GCC and retail conglomerate, Landmark Group.
This development comes at a time when supply chain and logistics organisations in the GCC are looking for ways to deliver on changing customer expectations, ensure rapid scalability, locate addresses accurately and gain competitive advantage.
As a part of the collaboration, FarEye will implement an intelligent delivery platform to achieve on-time deliveries at a reduced cost. It will be implementing data-driven routing engine to increase deliveries per hour and provide a delightful and engaging experience to customers by empowering them to live track their shipments.
The growing e-commerce ecosystem in the region now drives retailers and logistics organisations to provide seamless, faster and flexible delivery experience.
“The supply chain and logistics challenges of GCC are unique. The sudden need to scale during particular festivals, inaccurate addresses, changing cross-border regulation requirements, among others, often becomes a roadblock when it comes to ensuring seamless execution of supply chain and logistics. We are thrilled to work with the largest postal and retail players in the region and look forward to delivering exceptional levels of operational efficiencies and delightful customer experience. We are scaling our team in the region and seeing tremendous potential here,” says Gautam Kumar, COO, FarEye.
In the world of post and parcel, it is imperative to be customer centric, but at the same time, keeping a check on costs is equally important. “Global logistics spending is set to soar to $10.6trn by 2020 with transportation accounting for the majority at 70%. Shippers are losing a lot of time, money and inventory due to unpredicted freight movement. We are constantly working towards empowering global leaders with predictive visibility and operational intelligence to achieve on-time deliveries at a reduced cost,” adds Kushal Nahata, CEO, FarEye.