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NewswireTODAY - /newswire/ -
Mumbai, Maharashtra, India, 2017/01/18 - After Jack Ma being appointed as an adviser to Indonesia's booming E-commerce industry, LogiNext, a Jack Ma's funded global #3 logistics and field service optimization software company enters Indonesia with a bang.
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Successfully spreading their wings across the globe, LogiNext took on Jack Ma’s initiative and has entered the Indonesian markets with a bang. They are on the verge of closing on some of the largest players in the Indonesia’s booming transportation, supply chain and field service market.
JP Morgan Chase upgraded Indonesia stock market post indications of strong growth in the industrial sector and infrastructure planning in the country (i). Logistics planning has come back to the forefront after Jack Ma, who turned national advisor for Indonesia, infused renewed energy in the already growing e-commerce market. According to McKinsey & Co., Indonesia is “one of the fastest growing e-commerce market in the world”. Estimations suggest that the online retail market would grow to about 8% of total retail sales in the Indonesian market of more than 86 million potential customers by 2020. (ii)
“E-commerce operators in Indonesia will need to sharpen their focus on building sustainable, cost efficient operations that have a clear path to profitability”, Ali Potia, a Singapore-based partner with McKinsey and head of the company’s Asia Consumer Insights Center, spoke to Bloomberg. “This will require other parts of the ecosystem -- such as logistics, payments, mobile Internet -- to keep up as well.” (ii)
LogiNext is the fastest growing SaaS company in logistics management and field force optimization. They have partnered with many high-end e-commerce giants enabling their route optimization and field workforce management capabilities. Paytm, an Indian e-commerce major, backed by Alibaba, invested in LogiNext to furnish logistics planning and last mile breakthroughs. Within three years of existence, LogiNext has become the #3 Enterprise Software Provider for Field Force Optimization. They, now, successfully track more than 1 Million shipments every day across the globe through around a billion geo-coded data points strategically identified and factored for their patented self-learning algorithms within their products MileTM, HaulTM, and ForceTM. They use real-time big data analytics to give live route tracking and delivery status updates for efficient logistics and supply chain management.
LogiNext, in its short span of existence, has bagged multiple awards such as the Best Supply Chain Logistics Cloud Solution, CIO Choice Award; Most Innovative Start-up of the Year, NetApp Award; Logistics Start-up of the Year, Entrepreneur India; Top Technology Provider for E-commerce, CB Insights. They were also featured in the Top 10 Technology Players at Tech Leaders’ Summit, Bali, Indonesia.
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sharjeel.s[.]loginextsolutions.com 
