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Trackonomy wins “IoT Emerging Company of the Year for the Consumer Market”
Trackonomy, named ‘IoT Emerging Company of the Year for the Consumer Market,’ offers groundbreaking solutions tailored to tangible problems.
The last mile—the final leg of a product’s journey from warehouse to customer—is arguably the most critical and challenging aspect of the supply chain. It accounts for a staggering 53% of total shipping costs and is often plagued by inefficiencies, missed deliveries, and dissatisfied customers. For businesses striving to meet rising customer expectations while maintaining profitability, mastering last mile delivery is not just important—it’s essential.
At Trackonomy, we’re redefining last mile delivery with innovative solutions like SmartTape and ClearTape, designed to provide real-time visibility, optimize workflows, and improve operational efficiency. Here’s why last mile delivery tracking matters and how our solutions can make a difference.
Failed deliveries are more than logistical challenges—they’re significant profit drains. With the average cost of a failed delivery reaching $17.20 per package and failure rates hovering between 6% and 8%, businesses face steep financial losses These failures also result in increased operational costs, customer dissatisfaction, and environmental waste due to repeated delivery attempts.
How SmartTape Helps:Trackonomy’s SmartTape offers granular, real-time parcel-level tracking. By providing visibility into the package’s location and condition, SmartTape reduces delivery errors, minimizes reattempts, and helps businesses recover from delays swiftly.
Delivery is no longer just about getting a package to its destination—it’s a reflection of your brand. Studies reveal that 84% of consumers would not shop with a retailer again after a poor delivery experience. Today’s customers expect accurate, real-time updates and flawless delivery performance.
Trackonomy’s Advantage:
Despite its criticality, many businesses struggle with visibility in their last-mile operations. Over 61% of retailers report lacking full visibility, leading to delays, inefficiencies, and misloads. This lack of transparency erodes customer trust and increases operational costs.
How Trackonomy Bridges the Gap:
With e-commerce projected to dominate 22.3% of global retail sales by 2024, the pressure on last mile logistics has never been higher. Businesses are expected to deliver faster, more accurately, and at scale—challenges that traditional systems can’t meet.
Trackonomy’s Vision:Trackonomy’s solutions, including SmartTape and ClearTape, are designed to empower businesses to thrive in this demanding environment. By integrating cutting-edge tracking technologies, businesses can meet rising consumer expectations while maintaining cost-efficiency.
Real-time tracking isn’t just about visibility—it’s about measurable outcomes that transform operations:
Trackonomy’s innovative technologies address the core challenges of last mile delivery operations:
SmartTape offers businesses an affordable and easy-to-deploy solution for real-time parcel tracking. Its features include:
For businesses ready to scale their last-mile tracking capabilities, ClearTape offers advanced functionality:
The last mile is a pivotal component of the modern supply chain, shaping customer perceptions and operational outcomes. Businesses that invest in real-time tracking solutions like SmartTape and ClearTape not only enhance visibility but also drive measurable improvements in cost savings, customer satisfaction, and sustainability.
At Trackonomy, we’re committed to empowering businesses to excel in last mile delivery. Our solutions bridge the gap between operational complexity and consumer expectations, ensuring your logistics operations are always a step ahead.
Ready to revolutionize your last mile delivery services? Contact Trackonomy today to explore how SmartTape and ClearTape can transform your logistics operations.
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