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Sharing-economy matching platform to revolutionize last-mile logistics

Sector: Warehouse • Location: Norway

Source: EU Funding & Tenders Portal

Project
Ended

The rapid growth in e-commerce is changing the consumer behavior, increasing the logistic burden in last-mile delivery. From this fact are arisen two mayor problems. For one side, our logistic infrastructure will never be ready for the number of delivery-vehicles required to fulfill such demand. From the other, last-mile delivery entails the ≈53% of the transport costs, a figure that most of the S

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The project “Sharing-economy matching platform to revolutionize last-mile logistics” is an infrastructure initiative in the Warehouse sector, located in Norway. Taiyo aggregates data on it from EU Funding & Tenders Portal.

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Description

Description

The rapid growth in e-commerce is changing the consumer behavior, increasing the logistic burden in last-mile delivery. From this fact are arisen two mayor problems. For one side, our logistic infrastructure will never be ready for the number of delivery-vehicles required to fulfill such demand. From the other, last-mile delivery entails the ≈53% of the transport costs, a figure that most of the SME cannot assume. Hence, an oligopolistic horizon of large companies like Amazon will come unless smart solutions will avoid it. Nimber is a decentralized delivery-company that is disrupting logistics in Norway. Our vision is to become the global leaders in the last-mile delivery sector by providing the market with a sustainable, efficient, CO2 minimal and convenient alternative to last-mile delivery for SME and individuals. In this regard,Nimber platform presently matches persons needing items delivered with the most optimal delivery solution: people going that way anyway. Thus, we operate for peer-to-peer deliveries (P2P). With SWIFTLY, we seek to hybridize our peer-to-peer model into the business-to-customer (B2C) or business-to-business (B2B) sectors. For such aim, we will offer two novel tools: a bundling algorithm which optimizes loads and deliveries per route to increase the profitability of the professional bringers' services and a pricing algorithm to offer the fairest pricing for both parties (bringer and sender) and speed up the time to close a deal. With this approach we solve the problems of rapidly-growing e-commerce by optimizing existing commuter pathways to deliver goods.

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