Just In
- 2 min ago Tinder Unveils "Share My Date": Sharing Your Dates Just Got Easier (and Maybe a Little Safer)
- 1 hr ago Realme P Series Goes on Sale in India Today: Check Price, Specs, Offers
- 19 hrs ago Moto G64 5G vs Vivo T3x 5G vs Realme P1 5G: Battle of the Affordable 5G Smartphones!
- 1 day ago 11 Exciting Features Coming With Android 15: Satellite Connectivity, App Pairs, App Archiving, and More
Don't Miss
- Movies Bigg Boss Malayalam Season 6: Pooja Krishna Quit Mohanlal's Show? Here's What We Know
- News SC Allows 30-Week Pregnancy Termination For 14-Year-Old Rape Survivor
- Sports NBA Quarter-Finals 2024: Clippers, Bucks, Thunder, Celtics win openers
- Automobiles Tata Zing: The Pioneering Project of Affordable Mobility by Tata Motors
- Finance Debt-Free Stock With High P/E & ROE Is Axis Securities Pick of The Week For Rs 565 TP; Do You Own?
- Lifestyle When Is Chaitra Purnima 2024, 23rd Or 24th April? Confirmed Date, Time, Legend, Puja Rituals, History And Sign
- Education Top MBA Programs at Premier Institutes for Enhancing Your Business Acumen
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
IBM to provide IT Solutions to Gati for eCommerce Operations
Tech giant IBM today said it will provide IT solutions to supply chain logistics firm Gati Kintetsu Express (Gati KWE). Gati has chosen IBM Commerce solution to help online retailers meet the rising consumer demand for efficient delivery of products, the US-based firm said in a statement.
According to market estimates, Indian eCommerce market is expected to grow 37 per cent to touch USD 20 billion this year, the firm added. To meet demands of an increasingly savvy online population, retailers are under constant pressure to provide enhanced buying experiences across mobile devices and shorter delivery times, IBM said.
Recommended: Top 20 Most Awaited Android 5.0 Lollipop Smartphones to Launch in India Soon
"This growing eCommerce market poses a challenge to logistics companies, who must keep pace with consumer demand for instantly available products offered at a competitive price," it added. Hyderabad-based Gati KWE with a delivery network spread over air, road and rail, operates a fleet of 3,500 vehicles with over 3,000 business partners across India.
To manage an increasing volume of business with a multitude of retailers, Gati KWE tapped into IBM Commerce capabilities to better integrate and coordinate the complex and time-sensitive flow of products from warehouse to store to home, IBM said. In India, the industry typically sees a significant spike in online purchases during festivals.
Recommended: Top 10 Expected Smartphones of 2015 That Got Launched at Mobile World Congress
Inventory planning is critical for any retailer to better manage sales and promotions during these seasons in order to meet customer expectations and demands, it added. "By the year 2020 outsourced eCommerce fulfilment and associated value added services are poised to grow to a size of Rs 3,000 crore (USD 500 million)," Gati Executive VP Dhruv Agarwal said.
Through implementation of this solution, Gati KWE is optimistic to emerge as a leader and aims to corner a dominant share of the opportunities in the eFulfillment segment, he added.
Source: PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599