Cost and speed has now become the top priority of the firms engaged in logistics business for the last-mile delivery of goods and growth of the sector, a report has said.
According to the Last-Mile Trends Report 2024, earlier the top priority was cost and satisfaction. “In last-mile delivery now top priority is cost and speed. The needle has shifted from cost and satisfaction to cost and speed,” it said. The report was unveiled during ‘The Last Mile Leaders Event” organised by technology platform FarEye in collaboration with Microsoft this week. Kushal Nahata, CEO of FarEye, said that within the next five years, autonomous drones will handle 30% of urban deliveries, reducing delivery times and costs dramatically.
According to the Last-Mile Trends Report 2024, earlier the top priority was cost and satisfaction. “In last-mile delivery now top priority is cost and speed. The needle has shifted from cost and satisfaction to cost and speed,” it said. The report was unveiled during ‘The Last Mile Leaders Event” organised by technology platform FarEye in collaboration with Microsoft this week. Kushal Nahata, CEO of FarEye, said that within the next five years, autonomous drones will handle 30% of urban deliveries, reducing delivery times and costs dramatically.
The report also said that 80% of supply chain leaders believe measuring the cost of delivery is a top priority.
