ATLANTA, Jan. 31, 2023 (GLOBE NEWSWIRE) — nuVizz has been recognized in a recent Gartner® report that outlines the 21 key definitions in the Last Mile Delivery Technology (LMDT) solution space. nuVizz’s AI and ML based Delivery Management and Orchestration platform supports nineteen of the capabilities identified in the Gartner “Market Guide for Last-Mile Delivery Technology Solutions” written by analysts Oscar Sanchez Duran, Carly West and Nathan Lease.
Gartner defines an LMDT solution as a “specialized, customer centric transportation management solution that focuses on managing the delivery process by which a consumer and the products they order come together. These solutions provide capabilities for routing deliveries to consumer homes, with some solutions extending the delivery service capabilities offered to support options like store, curbside and locker box pickup as well as return options.”
Further, the report notes that “the global last-mile delivery market size was valued at $40.5 billion in 2021 and is anticipated to generate $123.7 billion by 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 13.21% during the forecast period (2022 to 2030), with the Asia/Pacific region the leader in market share, accounting for 64% of the total e-commerce spending in 2021”.
nuVizz CEO, Gururaj Rao added, “Last mile delivery operations are getting more complex by the day and technology is starting to play a key role for businesses involved in last mile deliveries to retain their margins while ensuring end customer satisfaction. At nuVizz, we have built a platform from ground up that provides flexibility to support various flavors of last mile delivery operations be it white glove, food , pharma, retail, lab sample collection and more. Our platform supports last mile operations all the way from order capture, planning, delivery execution, live tracking to customer feedback and returns processing.”
Within the customer experience capabilities, the nuVizz solution exceeds the expectation of all the capabilities identified by the guide for customer experience capabilities. Curious about how the nuVizz solution can help you transform your last mile operations? Request a demo here.
Gartner subscribers can access the full report here.
Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
1 Gartner, Market Guide for Last Mile Delivery Technology Solutions, Oscar Sanchez Duran, Carly West, Nathan Lease, December 13, 2022
About nuVizz
nuVizz lights the way to better delivery and transportation logistics. From the first mile to the last mile-and everything in between – we’re trailblazers in supply chain optimization and digitization. Infinitely flexible, the nuVizz SaaS platform drives visibility, control, cost savings, and a better customer experience across the fulfillment lifecycle.
Our single-minded mission: simple, sustainable transportation solutions for every business on the planet. Go further, grow faster. For more information, visit nuvizz.com.
