November 6, 2020: Diwali this year is expected to be nothing like what we have seen before. As per a recent report, the first week of the festive sale saw a 55% y-o-y sales growth, with $4.1 billion worth of goods sold across eCommerce platforms, as compared to $2.7 billion last year. This 52% increase makes the surge in online consumer demand quite evident. However, retailers need to be prepared to handle this surge. Leading logistics orchestration platform FarEye has been working with leading retailers to roll out significant new features and enhancements to its platform to handle the festive surge and enable retailers to meet the demand. The platform will help retailers:
Says Gaurav Srivastava, CTO & Co-Founder, FarEye: “From the time we launched FarEye SERVE back in March to help retailers deliver essential goods, we have not just successfully helped retailers handle scalability challenges but also have made major breakthroughs in advanced contactless capabilities. These include driver temperature tracking, compliance apps integrations & more. Retailers can now focus on customer experience while they can worry less from scalability and orchestration woes, which the platform can handle for them.”