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eTrade Harnesses AI-Powered Logistics to Enhance Operational Efficiency for Seller Partners

eTrade Harnesses AI-Powered Logistics to Enhance Operational Efficiency for Seller Partners

The Logistic News by The Logistic News
April 11, 2024
in Tech
Reading Time: 2 mins read
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eTrade Harnesses AI-Powered Logistics to Enhance Operational Efficiency for Seller Partners
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eTrade, a prominent e-commerce aggregator in India, has been empowering its seller partners with cutting-edge AI-powered logistics and supply chain solutions. By leveraging a range of technology-enabled supply chain solutions, the company enables its partners to reach over 20,000 pin codes across India within a swift 24-48 hour timeframe. These innovative solutions have yielded substantial long-term benefits for its seller partners.

The fiercely competitive e-commerce landscape in India continuously raises the bar for customer expectations, pushing sellers to manage their supply chains with greater efficiency. Even the slightest supply chain mishap can result in reduced demand visibility, inventory shortages or surpluses, and a compromised customer experience. To combat these challenges, eTrade offers an AI-powered solution that meticulously analyzes various factors such as order volume, vendor lead times, and customer preferences to provide precise SKU-level demand predictions. This predictive analysis empowers partners to strategically plan their inventory, achieving same-day delivery speeds an impressive 70% of the time. Additionally, eTrade equips seller partners with advanced inventory management tools for SKU-level scenario planning, enabling them to make informed decisions and optimize sell-through rates. These enhancements ultimately translate into an enhanced customer experience and facilitate the effective scaling of partner businesses.

“Sellers and e-commerce aggregators invest months and years in building strong brand connections and customer loyalty. While maintaining this brand equity is their core competency, efficient supply chain management is equally crucial for success in today’s competitive e-commerce landscape. Most brands lack the in-house capabilities required for efficient supply chain management. However, eTrade bridges this gap by delivering operational efficiency and informed decision-making through AI-powered forecasting, inventory management, and placement solutions. As a result, our partners typically experience remarkable business growth ranging from 25% to 60% within a relatively short timeframe,” remarked Anuj Bhatia, Founder of eTrade.

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eTrade achieved an impressive revenue of 2100 crore in FY 2023, solidifying its position as a leading e-commerce aggregator in the industry. The company supports a diverse portfolio of 500 brands, including prominent Indian conglomerates such as Godrej, Havells, Royal Enfield, Studds, Drools, as well as multinational corporations such as Bosch, Karcher, Stanley Black & Decker, Philips, Mars, and Royal Canin. With its effective retail, distribution, supply chain, and marketing strategies, eTrade endeavors to revolutionize the e-commerce landscape.

About eTrade:
eTrade is widely recognized as an AI-enabled e-commerce aggregator that empowers both domestic and global SMBs and blue-chip companies to expand their presence across various e-commerce platforms in India. Leveraging AI and ML-driven data intelligence, state-of-the-art infrastructure, and a robust distribution network, the company provides a seamless platform for over 500 brands to strengthen their online operations and enhance market penetration. Headquartered in Gurugram, eTrade operates offices and warehouses in major urban and semi-urban areas, boasting a cutting-edge facility spanning 22,000 square feet in Gurugram. With a steadfast commitment to recruiting top-tier talent and prioritizing employee satisfaction, eTrade continually enhances user experience and drives positive business outcomes.

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