December - January retailtechinsights.com6Linda BurnsManaging Editoreditor@retailtechinsights.comEditorialPushing the Boundaries of Tech-Driven Last-Mile Delivery Last mile delivery companies are leveraging various technological innovations to improve their services. Such tech-driven solutions and services help reduce operational costs, drive efficiency, and enhance the home delivery experience for consumers. According to Valuates Reports, the global last mile delivery market is projected to reach $42860 million in 2022 and grow to $75510 million by 2028 at a CAGR of 9.9 percent.A significant reason for this growth is the array of innovative technological solutions sweeping across the last mile delivery arena. By leveraging blockchain, supply chain partners are interacting better and providing customers with a more accurate estimate of the package's arrival. Cloud platforms are rising in popularity due to their capability to help last mile delivery companies store and access millions of data points from any remote location and make changes to delivery schedules in real time.Last-mile delivery companies also rely on crowdsourcing delivery apps that help smaller or region-based retailers improve their last-mile logistics platforms at a minimal cost. In addition, they are using direct consumer delivery apps to allow customers to update delivery options on the fly, which are then relayed to delivery agents.This edition of Retail Tech Insights highlights the recent developments in the last-mile delivery arena and insights into how businesses are aligning with these trends to transform legacy practices.We have curated thought leadership articles from industry experts, including the Executive Director of Analytics and Segmentation, Claire's Inc, the Director, IT Production Support of Harbor Freight Tools, and Director of IT - Commerce Applications and ECommerce, Kelly-Moore Paints. We also took a deep dive into the market trends to narrow down the list of companies delivering robust last-mile delivery solutions and services. Equipped with innovative technological capabilities, the enlisted solution and service providers, such as ShipX, help transform businesses at the cloverleaf of various disruptive technologies. We hope this edition of Retail Tech Insights on last mile delivery helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts! Copyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. December - January , Volume 04 - Issue 15 (ISSN 2832-4609) Published by ValleyMedia, Inc. 600 S ANDREWS AVE STE 405,FT LAUDERDALE, FL 33301To subscribe to Retail Tech InsightsVisit www.retailtechinsights.comManaging EditorLinda BurnsEditorial StaffAaron SmithJoshua ThomasLisa DebraDerrick JohnJohn JamesSteven RichardVisualizerMichael WaynePresley MeadowEmail: editor@retailtechinsights.comsales@retailtechinsights.commarketing@retailtechinsights.com*Some of the Insights are based on the interviews with respective CIOs and CXOs with our editorial staff
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