Trends of last-mile delivery for 2024. Part 1.

In Modern Expo, we believe a successful last-mile delivery system is crucial for developing consumer goods (CPG), retail, or e-commerce businesses. Excellent delivery management is vital in determining operational efficiency, customer satisfaction, and profitability.

To help organizations stay ahead of the curve, we have identified some key last-mile delivery trends that are likely to be adopted by businesses in 2024.

Rapid Adoption of Generative AI

The logistics industry is set to experience a rapid increase in the adoption of generative AI, with the market expected to reach a value of USD 13,948 million by 2032, according to a study by Global Research.

Companies that manage large-scale logistics are expected to see a surge in the use of generative AI to improve deliveries and optimize their resources.

Generative AI enables businesses to predict supply chain disruptions, forecast the likelihood of deliveries, and analyze the reasons behind unfulfilled deliveries. It provides comprehensive logistics solutions that help streamline complex operations, such as inventory management, delivery routing, and resource allocation, to name a few.

Moreover, generative AI can generate extensive expense reports, delivery reports, and other logistics operations reports. By leveraging generative AI, companies can become more adaptable and responsive to address challenges in the ever-evolving dynamic logistics landscape. To implement improvements, the integrity of the logistics system is crucial. At Modern Expo, we stay abreast of the latest trends to offer reliable software systems. One of our offerings is LOKO SOFT, designed with control and management features for smooth logistics operations.

It's crucial that all parts of the logistics chain work together seamlessly to ensure the entire system runs without a hitch. Instead of creating separate logistic units, we provide complete, ready-to-use system solutions, so you can seamlessly implement innovations!

Sustainable Delivery?

Not a new trend, but a crucial one. An increasing number of customers are becoming more conscious of their ordering habits and are looking for ways to make their deliveries more sustainable. Although fast delivery options may seem convenient, they often have a larger carbon footprint.?

To address this issue, some organizations are taking steps to reduce their environmental impact, such as using reusable packaging. By making conscious efforts towards sustainability, we can help decrease the environmental impact of delivery services.

For instance, here at Modern Expo, we value the environment too. Our LOKO ECOLOGIS compact outdoor parcel locker is one of our expressions of this value, embodying the best global practices of environmental friendliness and energy efficiency of parcel lockers.

We aim to create sustainable, humane, and comfortable environments where citizens can receive quality services and enjoy their time in a welcoming urban oasis.

The introduction of new functions

In today's world, new technologies often emerge at the intersection of different industries, and logistics is no exception. The retail industry has seen a surge in innovative technologies that aim to improve the shopping experience for customers. One such trend is the introduction of new functions. At Modern Expo, we have developed CONVENIQ, a cutting-edge solution that can be installed in high-traffic locations to improve impulse sales and last-mile delivery opportunities.

The CONVENIQ is an all-in-one solution that consists of several modules, including GRAB&GO refrigerated and ambient modules, a parcel locker, and a coffee module. These modules can be combined in different ways to achieve a seamless customer journey that is tailored to the specific needs of each location or client type.

Another opportunity to enhance parcel lockers with new functions is combining them with another global trend – electric cars and charging infrastructure.

We believe this is the perfect ecological combination: parcel lockers, considered the most eco-friendly way of delivery at the last mile stage, together with the expansion of the charging infrastructure for electric vehicles. This will result in a safe and eco-friendly logistics system for the future.

Last Mile Delivery will continue to evolve, so it's important to stay current with this area's innovations and trends. Very soon, we will continue to share with you the trends of 2024 that will help improve your service. Make sure to subscribe to this newsletter!