ParcelVision Retail

Lead Participant: PARCELVISION LIMITED

Abstract

Transportation makes up 15-30% of a retailer’s total sales. Reducing transportation costs in their home market can enable a retailer to increase revenues and win market share. Reducing the cost of international shipping doesn’t just improve export sales, but also enables retailers to enter new markets not previously open to them. ParcelVision’s SaaS technology can reduce the cost of international shipping by up to 80%, whilst enabling retailers to manage every aspect of their logistics, through one powerful, innovative and user-friendly website. ParcelVision doesn’t just reduce logistics spend, our innovative tracking technology pro-actively notifies end-users of delivery delays and enables them to self-serve (e.g. changing the delivery date or providing instructions for delivery) this reduces costs for the retailer and increases customer satisfaction. ParcelVision has been in development now for nearly 3 years now, and we have already developed the technology to TRL6 and one of the modules to TRL8. Over the next 27-months we want to complete development to TRL9 and launch the technology commercially, with the first module being ready for commercial launch by Jan 19. Success in this project will deliver increased competitiveness for ParcelVision through development of a superior, flexible and fully scalable cloud-based shipping platform with market disrupting potential. ParcelVision is a game changing, disruptive technology that removes one of the key barriers for exporters and can help the UK government’s drive to increase exports.

Lead Participant

Project Cost

Grant Offer

 

Participant

PARCELVISION LIMITED

Publications

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