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eTrade channelizes AI-powered logistics and supply chain solutions to improve operational efficiency for its seller partners

by Kalpana Pandey
April 16, 2024
in News, Asia, Logistics, Supply Chain
Reading Time: 2 mins read
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eTrade

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eTrade, India’s leading e-commerce aggregator has been empowering its seller partners through AI-powered logistics and supply chain solutions. The company capitalizes on various technology-enabled supply chain solutions that enable its partners to deliver 20,000 pin codes across India within 24-48 hours. These solutions have led to tangible long-term benefits for its seller partners.

India’s competitive e-commerce landscape constantly pushes customer expectations to new heights and challenges sellers to manage their supply chains more efficiently. Any supply chain slip-up may leave sellers with reduced demand visibility, under or over-replenishment of inventory, and a broken customer experience. eTrade addresses these issues through an AI-powered solution that analyzes a variety of factors, such as order volume, vendor lead time, and customer preferences to help sellers with SKU-level demand predictions. The predictive analysis helps partners plan their inventory to ensure a day’s delivery speed 70% of the time. In addition, seller partners can use eTrade-enabled inventory management tools for SKU-level scenario planning for better decision-making and healthy sell-through. All these changes eventually translate into better customer experience and help partners scale effectively.

“Sellers and e-commerce aggregators take months and years to build a strong brand connection and customer loyalty. Their core competence is maintaining this brand equity. However, super-efficient supply chain management is also mandatory to succeed in a competitive e-commerce landscape. Most brands lack these capabilities in-house; however, eTrade makes a difference through operational efficiency and better decision-making with the help of an AI-powered forecasting, inventory management, and placement solution. As a result, our partners experience 25-60% business growth within a short timeframe,” said eTrade Founder Anuj Bhatia. eTrade has achieved a 2100 cr revenue in FY 2023 and is acknowledged as one of the leading e-commerce aggregators in the industry. The company facilitates 500 brands including Indian conglomerates such as Godrej, Havells, Royal Enfield, Studds, Drools as well as multinationals like Bosch, Karcher, Stanley Black & Decker, Phillips, Mars, and Royal Canine. The company strives to revolutionize the e-commerce landscape with its most effective retail, distribution, supply chain, and marketing strategies.

Tags: Artificial IntelligenceE-commerce deliveryeTradelogisticsSupply chain
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