Uncover the Latest Last Mile Delivery Trends for 2024 with Trakop

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6 LAST MILE DELIVERY TRENDS YOU WONT WANT TO
MISS IN 2024
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Last-mile delivery is a core element that is a
crucial metric for measuring the success of any
business. A study by Precedence Research states
that the last-mile delivery market is growing at
a CAGR of 10-20 and is likely to hit US424.3
billion by 2030. This means more and more
businesses are investing in making the last mile
more efficient and fast. The last-mile delivery
of a business determines its operational
efficiency, productivity and customer
satisfaction scores. In this article, we have
brought together the latest last-mile delivery
trends that can help your business make
last-mile delivery more efficient and
sustainable. THE TOP 6 LAST-MILE DELIVERY
TRENDS THAT WILL MAKE YOUR BUSINESS MORE
EFFICIENT Contactless deliveries COVID-19 has
been a new trendsetter in last-mile delivery,
where contactless deliveries are one of the
crucial features. With rising health concerns,
most customers are still preferring contactless
deliveries. Businesses that have opted for
contactless delivery have increased digital
payments, minimised the chances of spreading any
kind of infection and helped build more
trust. Last-mile delivery visibility Tracking
and visibility are two major concerns with
last-mile delivery. GPS tracking has enhanced
last- mile visibility. Enabling real-time order
status and tracking orders once they are out for
delivery with an estimated time of arrival for
the customers is just the beginning. Using a GPS
to track the order gives their customers the
transparency and traceability they seek.
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Enable faster order fulfilment Auto-order
assigning and optimising the delivery routes
contribute to faster order fulfilment. According
to the Retail Industry Leader Association, 90
of the customers are expecting two or three days
of delivery. Whereas, a study by Shopify
suggests that 32 of customers abandon their
cart if the estimated shipping time is longer.
Increasing customer demand and expectations have
pushed businesses to optimise and streamline
their delivery operations to step up the
competition. Businesses have integrated route
optimisation software to optimise their
last-mile delivery. Sustainable deliveries
Customers have become more aware and conscious
about the environment and have started making
changes to their shopping habits. Not every time
fast deliveries are sustainable. Many businesses
have started opting for scheduled deliveries to
make last-mile deliveries more sustainable. They
can create schedules and customers can choose
any of them according to their preferences. This
promotes both sustainable deliveries and
sustainability scores. Last-mile delivery
insourcing Earlier, many businesses used
third-party logistics to make last-mile delivery.
However, due to the higher costs of hiring
third-party logistics, many businesses have
begun to use their vehicles for delivery. Unlike
outsourced logistics, insourcing last-mile
logistics can be managed and tracked by the
company. Cost-effective with analytics
Predictive analytics can help in making
decisions related to optimising future last-mile
delivery. Technology can help provide such
intuitive data that a business can manage its
entire delivery business on a single platform. It
can automate and streamline the entire delivery
process, along with the auto-generation of
analytical data that can be studied and analysed
to level up the last-mile delivery
process. According to a report by World Economic
Forum, 25 rise in consumer e-commerce
deliveries in 2020, with some of the increased
demand expected to last well beyond the pandemic.
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Satisfying customer demands might be difficult
and require businesses to plan and strategise
their last-mile delivery with due diligence.
Incorporating appropriate technology can help in
streamlining the deliveries and increasing their
efficiency. Trakop is an integrated platform
designed to meet all the requirements of
delivery businesses from managing orders to
optimising last-mile deliveries. Schedule a call
with our delivery experts to learn more about
Trakop and how we can help. Hope You Enjoyed the
Read! Resource Link https//www.trakop.com/blog/
last-mile-delivery- trends-y ou-wont-want-to-miss
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