All of us love ordering products online. Life has become more comfortable. We need to have an internet connection and a smartphone to get products delivered to our doorsteps. The final step is the process of transporting items from the distribution center to the consignee, which is referred to as last mile logistics. In this process, small parcels or packages are used to get the products delivered to the end customer. The products can be delivered within a few blocks or to more than 100 miles away. According to McKinsey and Company, the value of the parcel is even more than $83 billion. With the growth of the e-commerce, this value is almost going to double in the next ten years. As fully integrated Omni channel, retailing is becoming more popular, this Last Mile delivery is becoming even more critical. Due to the growing demand, the current transportation information has to be given by the retailers.
Why is Last Mile Delivery Becoming Crucial?
Due to LM logistics, the shippers can deliver the products to the customers quicker and at low cost. There are customers who are ready to pay extra money to get the products delivered instantaneously on the same day. Many successful e-commerce sites like Amazon have adopted and mastered in last mile delivery. With the help of prime delivery options, the product can reach to you faster. Some of the small e-commerce websites are also looking forward to growing their market and incorporate more of the last mile delivery services. John D. Schultz of Logistics Management expects that the e-commerce is going to reach the $2.4 trillion mark by 2018 and there is going to be a huge growth in LM logistics as well.
What are the Challenges Faced?
How to Overcome the Challenges?
The importance and the efficiency of the last mile delivery has been discussed in the above points. It is sure to be highly prevalent in the upcoming years. After all, who doesn’t want their products delivered really fast at doorsteps?
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