The logistics sector in India is on the brink of experiencing a boom similar to the country’s rising economy and changing supply chain requirements. As per the market research conducted by Mordor Intelligence, the logistics sector of India is anticipated to be around $317.27 billion by 2024, with a projected increase to $484.43 billion by 2029 with a compound annual growth rate (CAGR) of 8.8%. Nonetheless, this sector faces several issues, including increased transport costs, underserved infrastructure, problematic supply chain management, and a lack of skilled human capital. We are discussing BookMyCargo Transforming Logistics with Tech-Driven Solutions for B2B and B2C Customers.
Genesis of BookMyCargo
Another Indian entrepreneur, JD Yadav, a serial entrepreneur, faced similar logistic challenges when he began a chain of restaurants called Bawarchi in 1998 in Thailand, Myanmar, and Dubai. He had company-owned vehicles to export the goods from Thailand but could not find a reliable provider with a solid network. Many players still performed extensive manual work, which resulted in low productivity and high error rates. The lack of proper data management systems also worsened the situation, leading to poor shipment tracking and product traceability.
To solve these issues, Yadav developed BookMyCargo, which was established in Thailand in 2016. This logistics startup embraced and aligned itself to the customer, seeking to offer unique and terrific supply chain solutions supported by modern technology. Initially having both B2B and B2C clients in Thailand, the demand for BookMyCargo proliferated.
B2B Services and Last-Mile Delivery
The market entry of BookMyCargo was done in India in 2020, initially targeting the B2B segment. Founded in Gurugram, this startup provides last-mile delivery options at a cheaper price than competitors. Another advantage of BookMyCargo is the availability of a convenient mobile application for drivers and customers. Customers can make bookings in the following way: they must select the mode of transport, pick-up time, and the pick-up and drop-off point. Once the booking request is made, drivers can accept it while offering customers real-time tracking options. Transparency and visibility are the significant factors of concern.
BookMyCargo provides standardized and customized services, such as instant delivery, storage, express parcel delivery, international shipping, LTL, FTL, and logistics services. The startup optimizes and clarifies each logistics stage by applying blockchain, artificial intelligence, and the Internet of Things. BookMyCargo also gives training and development of human capital due importance. Through training programs, their training ensures that the workforce stays relevant to the current trends in the market.
Key Features of BookMyCargo’s Mobile Application
Delivery services can range from documents, parcels, food such as fast foods and restaurants, and specialty products such as cakes and flowers. Real-time tracking ensures they are updated. Customers can check the estimated prices for their deliveries before proceeding with the booking. Customers determine where to pick up and drop off food, allowing the app to plan delivery routes easily.
There is a wide variety of vehicle types through which users can select a vehicle of their preference depending on how they want to be served. They cover both small and oversized bulky cargo for delivery through their online platform, BookMyCargo. Order summaries that are both easily accessible and secure offer vital information. Accurate tracking and tracing of the consignment during the transport process. Users can rank the drivers based on the quality of the service provided.
Conclusion
BookMyCargo has over 200 employees in India and more than 70 in Thailand, and it aims to compete with players such as Porter and Borzo. The startup is a hope for the industry since it dares to face logistic difficulties and actively implement the technologies. As the logistics industry in India goes through more transformations, BookMyCargo remains the leader in providing solutions to the problems faced by businesses and consumers.
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