Torod Nominated to Showcase the Role of Technology IN IMPROVING the Last Mile industry

Torod was Nominated to address a speech at the Saudi procurement conference 2022 to showcase how Torod‘s solution contributes to enhancing the business’s last mile day-to-day operation. With such a drastic shift and proven impact in the industry within a short period after implementation, the committee chose Torod to showcase its technology and how it helped the last-mile industry.

The CEO of Torod, Faisal Almaklas, shed light on the vital role the last mile plays toward business operation excellence.

The research study showcased during the conference gave in-depth perceptions of Last mile evolution and its challenges. It also highlighted the role of technology in mitigating these obstacles and the upcoming last-mile technological advancements through case studies.

This speech at the Saudi procurement conference highlighted some of the biggest challenges of the Last mile in the global market, like delivery efficiency, customer demands, Margins, Cost, and delivery agility. 

“Consumers’ Reliance on Faster and Easier Modes of Shipment Delivery Creates Wide Opportunities in the Global Market,” said Mr. Faisal. “The last mile market was worth USD 40.5 Billion in 2021, which is expected to reach 123.7 Billion in 2030.”

Later in the speech, Faisal Almaklas added some vital statistics and solutions regarding the challenges that can be easily alleviated greatly by using technology. From live tracking, transceiver networks, and centralized network system on vehicles to predictive analytic technology, RFID, IoT, and Automated warehouse, there is plenty of room for improvement in the last mile industry.

The case study on the strategy behind Amazon’s same-day free delivery, about 57% reduction of transportation risk by TATA steel, and efficient shipping By Torod also helped many in the conference to see the industry through a different lens.

The overall speech by Mr. Faisal at the Saudi procurement conference 2022 contributed greatly to the advancement of the Last mile industry in the region and got massive acknowledgment from the participants and industry leaders.  

Torod is committed to developing technology in the Last mile industry and creating new opportunities to ensure the best customer experience. In addition to improving the industry, Torod is removing an obstacle for Online store shipment and helping Online store owners the opportunity to ship, track and manage any return from one single dashboard.