Parcel shipment grows 15% y-o-y
Pitney Bowes Inc (PBI) (NYSE: PBI) and Shyplite have teamed to launch a multicarrier shipping platform for small businesses that simplifies office shipping in India where parcel shipments are growing at 15% year-on-year.
PBI is a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance, and data, while Shyplite is a logistics technology company that provides a multi-carrier integrated SaaS platform.
This partnership will provide cost savings for small and medium-sized businesses in India by optimizing parcel delivery.
Customers will be able to select the most efficient shipping option at the best price creating an improved customer experience with each parcel delivery.
By removing the complexity of everyday shipping, small businesses and ecommerce retailers can focus on delighting customers and growing their business.
Additionally, this solution offers plug-ins for shopping platforms, parcel consignment, parcel tracking, billing and customer support from one convenient dashboard.
“For nearly 100 years, Pitney Bowes has been removing the complexity of mailing for our clients. Now, we are focused on doing the same for shipping,” said Venkat Rao, Country Director, Pitney Bowes India. “We look forward to continuing to innovate with our partner Shyplite.”
“This alliance is a step forward in making shipping affordable, simple and reliable for smaller businesses in India that previously did not have access to the improved customer experience and cost savings of a shipping platform like we have developed,” said Sugam Jain, CEO and Co-Founder, Shyplite.
According to the Pitney Bowes Shipping Index, India shipped one parcel per person in 2017. The overall parcel volume grew 15% year over year, reaching a total of 1.5 billion parcels shipped compared to 1.3 billion parcels in 2016. This new shipping solution reduces shipping costs for both retailers and office shippers and speeds accurate delivery to Indian customers and online shoppers. fiinews.com