Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, August 23 2021 - 18:15
AsiaNet
Locus partners with PostTag to disrupt the global logistics market with innovative logistics tech
BANGALORE, India and LONDON, August 23, 2021 /PRNewswire-AsiaNet/ --

   - Locus' automated supply chain platform combined with PostTag's innovative 
address lookup system will create a dynamic end-to-end technology solution for 
last-mile delivery brands. 

   Locus, a future-ready platform that automates supply chain decisions, has 
partnered with PostTag, a cutting-edge address lookup and validation service, 
to create an end-to-end technology solution for deliveries. 

   The combination of Locus' market-leading automated supply chain management 
platform and PostTag's innovative address lookup technology is set to 'disrupt' 
the APAC market where many brands are grappling with legacy systems that are no 
longer optimized to meet dynamic customer demands of superfast last-mile 
deliveries.

   Locus is a global technology platform that uses machine learning and 
proprietary algorithms to automate complex supply chain decisions. Founded in 
2015, Locus recently raised US$50 million in Series C funding led by GIC, 
Singapore's sovereign wealth fund.

   PostTag and Locus share a common focus on disrupting markets, and 
challenging legacy players. Together, Locus and PostTag will introduce a more 
efficient delivery platform to the APAC market. 

   Locus and PostTag partnership will give customers an end-to-end tailored 
logistics optimization solution to automate the supply chain process from the 
moment the customer places an order on a website till the time the delivery is 
fulfilled with efficient warehousing and route planning, fleet management, 
last-mile visibility, and more.

   Keith Lewin, Chairman, and Founder, PostTag, said, "Our customers have been 
telling us that they're fed up with the current software solutions. As a modern 
dynamic company unencumbered by legacy technology, we expect our partnership to 
have a major disruptive impact on the APAC market. We are thrilled to bring our 
partnership to the market. Working with Locus, we can offer our customers even 
more value as they strive to meet the growing expectations of customers for 
timely and accurate deliveries."  

   The partnership will ensure not only a more efficient supply chain but 
drivers that get straight to the address the first time, without wasting 
valuable time and fuel. Last-mile delivery is one of the critical phases in the 
supply chain, accounting for 50 percent of the delivery cost, and is core to 
ensuring customer satisfaction.

   Unlike other systems, which are either 'approximating the location' or 
asking customers to generate and remember a few random words to 'pull' the 
driver to their address, PostTag 'pushes' the driver to the correct location. 
It does so without adding any further steps that need to be taken to get the 
driver to the right door. 

   PostTag's Destination Data Engine returns precise details for each address 
search. It checks, validates, and verifies addresses across multiple databases, 
telling the driver precisely where the home or business is. 

   Nishith Rastogi, Co-founder and CEO, Locus, said, "PostTag impressed us not 
only with the quality of their technology but their desire to fix the problems 
that stop companies from getting their goods to customers in a timely and 
efficient way. Companies are still dependent on legacy solutions that aren't 
equipped to handle today's real-world supply chain and logistics operations. 
The partnership of Locus and PostTag is set to change that, and we are excited 
about the opportunities we see for growth in the APAC region."

   Locus uses machine learning and proprietary algorithms to automate complex 
supply chain decisions. Its smart supply chain solutions provide end-to-end 
visibility and enable enterprises to enhance their operational efficiency by 
reining costs, streamlining the customer experience, and reducing environmental 
impact.

    Locus' scalable solutions include route optimization, real-time tracking 
and analytics, sales beat optimization, territory planning, vehicle allocation, 
and network design. 

   About Locus

   Locus' smart and scalable solutions help enterprises gain end-to-end supply 
chain visibility, increase operational efficiency, reduce environmental impact 
and streamline the customer experience.

   Founded in 2015, the platform powers deliveries across North America, 
Europe, Southeast Asia, Middle East, ANZ, and the Indian Subcontinent.

   Locus's future-ready platform has resulted in $150 million+ savings in 
logistics costs, 70 million+ kilometer reductions in distance traveled, and 17 
million+ kilograms reduction in GHG emissions across clients like Nestle, 
Mondelez, Unilever, BigBasket, Bluedart, Bukalapak, The Tata Group, and many 
others.

   Visit www.locus.sh to know more or follow on LinkedIn.

   About PostTag

   PostTag is a cutting-edge address lookup and validation service. Founded in 
2015 by Chairman Keith Lewin after he realised current UK addressing systems 
often sent drivers 1km away from his house, PostTag has steadily grown to be a 
market-leader in address validation and location systems. We are trusted by 
some of the most frequent visitors to the UK's front doors.

   We provide final mile operators with pinpoint accuracy which allows drivers 
to be directed to addresses accurately without wasting valuable time searching.

   Media contact : 
   Priyanka Prasad
   marketing@locus.sh 

   Logo: https://mma.prnewswire.com/media/1197609/Locus_Logo.jpg

   Source: Locus 
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