PR91256

BANGALORE, India and LONDON, August 23, 2021 /PRNewswire=KYODO JBN/ --

   - 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