ITLN
Supply Chain

Locus launches free self-serve lite version of its solutions for SMEs and startups

April 28, 2020: The B2B SaaS supply chain company, Locus has launched ‘QuickStart,’ a free self-serve lite version of its product suite for startups and Small and Medium Enterprises (SMEs) to address their problems due to Covid-19 pandemic.

Logistics planning is not a task that can be optimized manually due to a lot of real-world constraints, and the current pandemic adds to the complexity.
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Logistics planning is not a task that can be optimized manually due to a lot of real-world constraints, and the current pandemic adds to the complexity.

April 28, 2020: The B2B SaaS supply chain company, Locus has launched ‘QuickStart,’ a free self-serve lite version of its product suite for startups and Small and Medium Enterprises (SMEs) to address their problems due to Covid-19 pandemic.

“Startups and SMEs are in a precarious situation now more than ever. Companies are struggling to manage volatile demand, fleet and resource efficiency, and rising costs due to the COVID-19 pandemic,” says the release.

Logistics planning is not a task that can be optimized manually due to a lot of real-world constraints, and the current pandemic adds to the complexity. Locus’ artificial intelligence (AI) platform helps companies to automate decision making. This free trial is for a period of two months from the start of the subscription.

Nishith Rastogi, CEO and co-founder, Locus said “Supply chain management is an old problem. It has only become more dynamic and complex with time. While changing on-ground scenarios and pandemics like COVID-19, may impact your operations, Locus QuickStart can provide you with tools to improve and analyze the situation. We wanted to reach out to startups and SMEs at this time so as to support them with relevant tools. This offering will continue even after the situation on the ground eases up. It is a non-integrated offering to improve the existing processes and enable SMEs and startups to automate their supply chain decision-making to bring efficiency, transparency, and consistency in operations.”

The free trial gives access to limited features of Locus Dispatcher and Locus MotionTrack, the route optimization solution, and fleet tracking insights and analytics solution, respectively. One can also access the Locus On The Road (LOTR) mobile application, with real-time tracking through Locus MotionTrack.

Default features of Locus QuickStart
• Distance and time-based optimization
• Fleet optimization
• State-of-the-art geocoding
• Machine Learning-powered algorithms for optimization
• Collection of electronic Proof of Delivery (ePOD)
• Predictive Alerts
• Planned vs. Executed view
• Planning and execution Insights

“We wanted to share our expertise and support with startups and SMEs, thereby bringing supply chains to the forefront of every business. Locus QuickStart will come with a dedicated two-hour customer support service to get you up and running,” added Nishith.

Locus
Locus works with enterprises across varied industries, including E-commerce, 3PL, Home Services, Retail, CPG and FMCG. The company operates across North America, Southeast Asia, India, Europe, and the Middle East and North Africa.

Locus has raised $29 million till date from marquee investors like Tiger Global, Falcon Edge Capital, Blume Ventures, Exfinity Venture Partners, Rocketship.vc, Recruit Strategic Partners, DSP Group, pi Ventures, BeeNext, and growX ventures.


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