International logistics and freight service provider Tiger Logistics announced its plans of launching a price discovery and supply-chain automation platform to ensure efficiency and transparency in the highly-fragmented domestic shipping industry.
The full-stack platform will offer cross-border solutions for ocean and air shipments along with first-mile transportation, last-mile delivery, and customs clearance, among others.
The one-stop solution for all shipping requirements plans to incorporate cargo insurance and financing, among other features.
The company which claims that the new platform is a disruption to the existing manual norms of operations in the freight industry, says it is focused on building a robust MSMEs clientele in the Indian market for a seamless and hassle-free customer experience.
The platform, to be rolled out is claimed to be the first in the country and then in some developing economies, will enable shipping accessible to more than 63 million MSMEs (Micro, Small and Medium Enterprises) in the country, Tiger Logistics said, citing a CII report.
Of the overall exports of the nation, MSMEs account for as much as 40 percent and 6.11 percent of the country’s manufacturing GDP, besides making up for 24.63 percent of the GDP from the services sector, it said.
Technology is the operating word in the current times. Shipping cannot lag if we have to sustain the business. This new digital segment will help exporters and importers to instantly book their freight, automate their documentation process, keep track of their shipments and manage payments all on a single platform.”~ Harpreet Singh Malhotra, CMD, Tiger Logistics
He added that the platform will offer real-time rates, complete visibility, and access to instant information about shipment updates. International shipping is highly unorganized, wrought with inefficiencies, and is presently going through a massive freight and container crisis.
While big shippers have the power to negotiate rates directly with carriers and multinational forwarders, SMEs and MSMEs get left behind in the chase. With our new platform, we hope to change this and democratize access of every business to freight services.”~ Simar Malhotra, manager, Key Accounts and Digital Lead, Tiger Logistics