Posted On: 09/15/2015 7:10:48 PM
Post# of 1445
On the Move Systems (OMVS): Shared Economy Courier Model will Fulfill Unmet Consumer Demand
On the Move Systems this morning noted that many retailers fail to aptly cater to consumers’ preference for a variety of shopping choices. The company’s solution to this gap is its shared economy courier service that can help retailers and other outlets improve their e-commerce order fulfillment.
U.S. retail e-commerce sales totaled $225.5 billion in 2012 and are projected to grow to $434.2 billion by 2017. In the second quarter of 2015 alone, e-commerce sales reached $83.9 billion, up 4.2 percent from the first quarter of the year. Analysts now say more than 50 percent of all retail transactions are in some way affected by the Internet. The global courier, express and parcel delivery market is also hearty, expected to grow at a 3.42 percent compound annual growth rate through 2019.
On the Move Systems plans to take advantage of this growth with a strategic blend of both markets.
“Multi-channel sourcing is a big issue in the retail world right now,” OMVS CEO Robert Wilson stated in the news release. “This is especially true with e-commerce. Customers want choices, not only in where and how they shop, but in how and when they get their orders. The shared economy courier service we’re developing can provide a unique, timely and cost-effective solution, both for retail shippers wanting to manage their e-commerce supply chain, and for their end customers. Our flexible model should make us quite competitive versus other delivery services and help us build a strong book of business.”
On the Move Systems is focused on developing new technologies ranging across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and travel industry and exploring new opportunities in trucking.
For more information, visit www.onthemovesystems.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
On the Move Systems this morning noted that many retailers fail to aptly cater to consumers’ preference for a variety of shopping choices. The company’s solution to this gap is its shared economy courier service that can help retailers and other outlets improve their e-commerce order fulfillment.
U.S. retail e-commerce sales totaled $225.5 billion in 2012 and are projected to grow to $434.2 billion by 2017. In the second quarter of 2015 alone, e-commerce sales reached $83.9 billion, up 4.2 percent from the first quarter of the year. Analysts now say more than 50 percent of all retail transactions are in some way affected by the Internet. The global courier, express and parcel delivery market is also hearty, expected to grow at a 3.42 percent compound annual growth rate through 2019.
On the Move Systems plans to take advantage of this growth with a strategic blend of both markets.
“Multi-channel sourcing is a big issue in the retail world right now,” OMVS CEO Robert Wilson stated in the news release. “This is especially true with e-commerce. Customers want choices, not only in where and how they shop, but in how and when they get their orders. The shared economy courier service we’re developing can provide a unique, timely and cost-effective solution, both for retail shippers wanting to manage their e-commerce supply chain, and for their end customers. Our flexible model should make us quite competitive versus other delivery services and help us build a strong book of business.”
On the Move Systems is focused on developing new technologies ranging across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and travel industry and exploring new opportunities in trucking.
For more information, visit www.onthemovesystems.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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