Мобильный 1 Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022
News Every Day |

We have been able to help increase driver-owner revenues by 30% — Uttam Digga, Porter

We have been able to help increase driver-owner revenues by 30% — Uttam Digga, Porter

Technology is playing an important aspect in every industry, including logistics. Technology has helped the logistics industry overcome restrictions in the movement of goods, increase the income of delivery partners, and augment customer satisfaction. One such popular brand in the logistics industry is Porter, which has become a household name. Porter is well-known to move goods from point A to B, no matter the size. 

For Porter to be successful, the company needs to adapt, as with any business. As the Pandemic did prove to be a hurdle, it helped companies evolve and look at possibilities to strengthen themselves, and the logistics industry as a whole. To understand more, Express Mobility spoke to Uttam Digga, the Co-Founder of Porter. 

What are some components that Porter identified, to help strengthen the Indian logistics segment?

The first step to addressing a problem statement is to identify the pressing issues an industry faces and acknowledge them and at Porter, we did just that. We understood that the Indian logistics sector is highly fragmented with a very low technology adoption rate. Our solution to address these problems was to come up with a technology-first approach to logistics matchmaking and the results speak for themselves.

Porter is now a market leader in India’s leading intra-city logistics market which is valued at $40 Billion. Our tech-enabled services have brought organisation to the sector by maximizing visibility to our driver-owners while also making the marketplace liquid. Porter has now created a virtuous cycle of strong network effect by leveraging our platform’s ability to quickly and effectively connect users with our driver-partners.

Our offerings are as varied as the demands of the Indian market with categories that include two-wheelers, three-wheelers, and four-wheelers to ensure efficient and effective transportation of goods. Our offerings also cater to weight classes ranging from a mere 20gms to 2.5 tons.

At Porter, we constantly strive to create value for both of our stakeholders. With our innovative platform approach to solving the logistics sector’s capacity utilization problem, we have been able to help increase driver-owner revenues by 30% while also helping customers save cost by 20% for all their logistics needs. The platform also ensures a more user-friendly experience for customers, with lower wait times and higher availability.

How can data analytics and AI help map regions where customers are dependent on logistics the most?

At Porter, our primary focus is to perfect the art of “matchmaking” between our driver-partners and our users. We continuously strive to enable the platform to streamline the matchmaking process and help match supply with demand. The goal currently is to make our solution accessible and dynamic by making the platform contextual. Certain key technology enablers that are currently being tested like real-time analytics and modelling are instrumental in realising our goals.

How will the recent investment secured by Porter help the logistics market?

We are primarily looking at 4 levers to concentrate our efforts on to achieve our short- and medium-term goals with the capital infusion from the Series E funding round. Our first lever would be geographic expansion within India to cater to and service customers in a multitude of cities apart from the 15 cities that we already operate in. Our second lever would be to expand our categories and offerings to service a wider user base.

We are exploring categories such as multiple commercial vehicle options, rental and outstation services, packers & movers, and others. Our third lever would be expanding our user base by creating newer use cases for enterprise customers and individual customers alike. Our final lever for growth through capital infusion is investments in creating an allied support ecosystem to the logistics space. Our vision for this offering would be to create a non-logistics ecosystem aiding in the seamless functioning of the logistics sector. 

Strategically for these 4 levers to be executed effortlessly, stellar talent from multiple fields including but not limited to technology, engineering, product, marketing, and strategy is required. However, currently, our focus is to provide our customers and driver-partners a product that is automated wherever possible and with the highest quality while also being economically viable for both parties. Our strategic intent, therefore, is to keep our team efficient while ensuring quality and productivity. 

What are some technologies used in middle and last-mile delivery?

Our solutions to address the middle- and last-mile delivery market is 3-fold. To address problems on customer retention and new customer onboarding we are looking at making the booking experience as seamless as possible and also providing necessary information visible to the customer at any time during the transit of their package. Our driver-partners being an integral part of our operations are catered to by our advanced cash flow system to ensure on-time payments thereby improving working capital for them. 

The platform also inherently helps provide our driver-partners with a consistent revenue stream and a sustainable livelihood. The core of our business however is still our matchmaking software which enables a liquid marketplace that connects customers with drivers by improving visibility and efficiency. At Porter, we are also constantly on the lookout for newer technologies that enable our core tenets of operation to help us grow from strength to strength.

Would Porter consider changing its fleet to EVs? What are some hurdles faced for this transition?

EVs are undoubtedly the way forward for the logistics sector to ensure a sustainable and greener tomorrow. At Porter, we are taking on the role of catalysts for change by working closely with our driver-partners to enable the shift towards sustainable logistics. We currently have 500 operational EVs across five cities in India, and we hope to increase this number to 20% of all operational vehicles under Porter’s platform in the coming years. 

What is the impact of the proliferation of e-commerce firms on logistics?

The e-commerce industry has definitely been a boon to the logistics sector, especially during the pandemic. E-commerce giants in the Indian ecosystem are now offering doorstep delivery enabled by their respective logistics partners. Therefore, logistic partners are now key stakeholders in the e-commerce boom India is currently experiencing thereby increasing our scope by supporting this thriving market.

Read also

Naval Assault Ships Could Get More Powerful With Missiles

George Clooney Explains Why He Thinks Ben Affleck Deserves a Third Academy Award

Michael Waldman Talks About Voting Rights

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Lets Have Fun at Kindergarten - Kids Songs Collection - LooLoo Kids

Today24.pro — latest news 24/7. You can add your news instantly now — here

News Every Day

Watch UFC star Chimaev’s gruelling boot camp in -10C Sweden as he struggles to find opponent brave enough to fight

Sports today

Новости тенниса
Даниил Медведев

Россияне вступились за рассерженного теннисиста Медведева, который накричал на арбитра

Спорт в России и мире

Диснейленд, победа на Олимпиаде и карьера в «Тесла»: о чем мечтают российские дети


All sports news today


Sports in Russia today

«ОК» проведут серию эксклюзивных эфиров с Олимпиады в Пекине

Новости России

Game News

Half-Life 2's UI is being quietly redesigned


Водитель такси высадил на мороз

Губернаторы России

Почти 100 тысяч заражений за сутки! Коронавирус в России

Студенты обсудили с Путиным строительство «ИТМО Хайпарка»

Марат Галеев: «Федерация не должна препятствовать развитию связей субъектов с миром»

Врач Кузенкова: при первых симптомах омикрона следует обратиться за медпомощью

Пользователи Instagram уличили во лжи «страдающего» от одиночества разведенного Лепса

Собчак в шоу Урганта заявила, что Лепс закрутил роман с Барановской

Звездный психолог Тлиашинова рассказала о помощи Филиппу Киркорову

Гололед Вероника Долина

Мэрилин Монро, Фрэнк Синатра, Клинт Иствуд и другие звезды XX века в объективе Эрла Лифа

Каролина Плишкова снялась с соревнований в Санкт-Петербурге в феврале

Россияне вступились за рассерженного теннисиста Медведева, который накричал на арбитра

Ига Свёнтек: Буду смотреть на Даниэль в финале и учиться

Данилина впервые вышла в финал турнира «Большого шлема»

Губерниев причислил Сердючку к «пособникам нацистов» за песню про Бандеру

Обвиняемого в ограблении вдовы Градского заключили под стражу до 16 марта

Преподал урок дзюдо. The Hill заявил о двойной победе Путина над США и НАТО

Лавров заявил, что Навального в больнице посещали сотрудники американской разведки

Могойтуйская ЦРБ станет covid-моностационаром из-за всплеска заболеваемости детей

Гастроэнтеролог Вялов заявил о бесполезности картофельного сока при лечении язвы желудка

США не будут вводить санкции против экспорта нефти и газа из РФ

WSJ: проект санкций США против РФ не касется экспорта нефти и газа и отключения SWIFT

Путин в России и мире

Персональные новости

Игорь Бутман

СМИ: мошенники обманули Игоря Бутмана на 3,2 млн рублей

News Every Day

Global Coconut Milk Market to Record Rise in Incremental Opportunity During the Forecast Period

Friends of Today24

Музыкальные новости
"Воскресенье " Олег Митяев

Персональные новости
Близкий друг Путина миллиардер Пугачев. Вся правда о Путине, его семье и деньгах. В гостях у Гордона (2021)

Навальный об уволенном за пост священнике (2021)

Slava Marlow – суперуспех и депрессия в 21 год / вДудь (2021)

Обнаглевшие дети путинской элиты (2021)

Дайте собакам мяса (новый звук) -Владимир Высоцкий

Группа "Рождество" - песня "Так хочется жить!" (Видео с концерта в Киеве группы "РОЖДЕСТВО" в 2011 году в Доме офицеров)

Adriano Celentano Любимая песня Челентано (высочайшая энергетика) talentTV