· FarEye has spent close to a decade working with
Postal companies and has crafted industry best practices to improve logistics
efficiencies
· Leading postals including UPS,
With digital connectivity on the rise
and the pandemic fueling the growth, the postal industry remains focused on
generating growth, increasing efficiency, and investing in both a physical and
digital future. FarEye - a leading logistics
orchestration platform has been working
with Postal companies since its inception and on this World Post Day
looks back on how much has changed in the last decade. Leveraging trusted
technology, strong partners, and regional last-mile networks, posts are looking
to grow their share of the global, dynamic, and highly-competitive B2C delivery
market - which is driven by eCommerce boom.
FarEye with
its machine-learning-based platform is enabling global brands including UPS,
Lithuania Post and Posti to orchestrate, track, and optimize their logistics
operations. FarEye is empowering global enterprises in making deliveries more
customer-centric, helping them shrink delivery time by up to 27%, increase
courier productivity by up to 15%, and cut risks by up to 57%. This has
assisted postal and parcel services to achieve operational excellence, even
with COVID-19 restrictions and consequent lockdowns.
In addition, last-mile parcel delivery is expected
to grow to $62 million by 2025. Investing in technologies like experience loyalty solution allow
brands to provide seamlessly connected online to offline experience by engaging
customers on an emotional as well as transactional level.