In a recent development, a report has highlighted cost and speed as the top priorities for firms engaged in the logistics business, particularly concerning last-mile delivery of goods.
The Last-Mile Trends Report 2024 reveals a significant shift in priorities, indicating that while cost and satisfaction were previously paramount, the focus has now squarely shifted to cost and speed. This shift reflects the evolving landscape of last-mile delivery, where efficiency and timeliness are increasingly valued.
Unveiled during ‘The Last Mile Leaders Event,” the report underscores the industry’s adaptation to emerging trends and technologies. According to Kushal Nahata, CEO of the hosting technology platform, autonomous drones are expected to revolutionize urban deliveries within the next five years, potentially handling up to 30% of deliveries. This advancement is anticipated to significantly reduce delivery times and costs, further emphasizing the importance of speed and efficiency in the logistics sector.
Furthermore, the report highlights that 80% of supply chain leaders prioritize the measurement of delivery costs, emphasizing the industry’s commitment to operational transparency and efficiency.
As the logistics sector continues to evolve, with advancements in technology and changing consumer demands, the emphasis on cost-effectiveness and speed in last-mile delivery remains a central focus for industry players.
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