FarEye Recognized in the 2024 Gartner® Market Guide for Last Mile Delivery Technology

According to Gartner, "Demand for last-mile delivery applications continues to grow, gathering interest from shippers and carriers alike in a response to optimize processes, reduce costs and become more customer-centric."

As a last-mile technology partner for companies obsessed with delivery experience, FarEye has enabled global leaders to deliver on time, accurately, efficiently, and as sustainably as possible. 

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Components of Last Mile Delivery Solutions

The report identifies three Last Mile Delivery Technology Capabilities: Pre-purchase, Delivery orchestration, and Post-purchase.

“While delivery orchestration is an important part of LMD solutions, customer experience capabilities are just as important, if not more so. Gartner has observed the popularity of software vendors specialized in areas like post purchase experience increasing as organizations demand more capabilities to reduce where is my order (WISMO) calls, provide visibility and eventually even drive more revenue through personalized marketing campaigns.”

Key Findings from the Report

- "The last-mile delivery (LMD) technology market remains extremely fragmented. While some vendors have expanded their application offerings, most do not yet offer all the capabilities required to fully support all last-mile fulfillment processes and delivery service offerings.

- Overall, vendors in the LMD market performed well last year and, in most cases, grew their customer base and revenue despite the many headwinds faced in the industry.

- Delivery orchestration and customer experience remain the top priorities when looking for last-mile delivery solutions. However, growing costs in last-mile shipping are of increasing concern to many organizations."

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Redefining Last-Mile for People, Profit, and Planet
22
%
Increase in First Attempt Deliveries
99
%
On-Time Deliveries Achieved
23
%
Reduction in KM Driven
18
%
Increase in Average Deliveries per Driver
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Disclaimers:

Market Guide for Last-Mile Delivery Technology Solutions (Published on 18 June 2024,  ID G00784655, By Oscar Sanchez Duran, Carly West, Nathan Lease)

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’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed 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.