The logistics industry has been one of the unsung heroes in the fight against the Coronavirus (COVID-19). This industry has been instrumental in the continuous movement of the wheels of online commerce. In fact, without the logistics companies, e-commerce would not be nearly as successful as it currently is. Since the outbreak of COVID-19, demand for last-mile logistics has increased significantly as people are more dependent on online stores and e-commerce sites to meet their urgent need for food, clothes, and other home essentials.
The importance of this industry is further evident in the numbers. According to the Global Logistics Market Report, global logistics reached a value of $4,730 billion in 2018 and is projected to reach an impressive value of $6,300 billion by 2024. Bringing it home to Nigeria, the industry has enjoyed steady growth and development and was valued at N250 billion in the 2018 Logistics and Supply Chain industry report. Early on, the sector was dominated by international courier companies until the influx of top e-commerce players who created the need for same-day delivery services at affordable rates, thereby strengthening the growth of the sector.
In recent years, the logistics industry has benefitted from advancements in technology, integration and globalisation. Some of the notable advancements we have seen include GPS tracking, automated material handling, drones, internet of things, and smart logistics technology. All of these have improved efficiencies along trucking transportation, international transportation, supply chain management and shipment tracking. While not all of these technological innovations are available in Nigeria, several logistic companies have sprung up and are capitalizing on these utilities to enable them deliver superior services such as on-demand delivery.
One of the companies doing this, and expertly so, is WAeY. This platform is leading the pack in making instant deliveries of any type of parcel more convenient and accessible. What WAeY does is to match riders to requests closes to them on an app, ensuring that the often frustrating hurdles you experience with more traditional logistics companies is eliminated completely. Essentially, WAeY guarantees that you get your deliveries in the shortest possible time, a feat that would not be achievable without heavy reliance on technology.
It is also worthy of mention that the WAeY methodology has a ripple economic effect on players within the sector again through its dependency on technology. By giving the customer and business owner the ability to track orders in real-time, it becomes easier to build and renew trust between users and delivery service providers. With trust being a major currency in service delivery, this will inadvertently yield positive results with a promise of up to 80% returns for partners or bike owners according to information available on their social media accounts.
What is most interesting to note at this time is that WAeY Technology – in partnership with HOR Logistics – is at the moment offering business opportunities for entrepreneurs and those who need a source of income in a time like this. With the growing demand for logistics occasioned by the new normal that the COVID-19 pandemic has introduced, on-demand logistic services are set to thrive. In response to the increased demand, WAeY is offering interested partners an opportunity to come on board. With as low as N600,000, anyone can become a business partner and enjoy access to a bike, medical insurance, training, and more.
As questions continue to swirl around opportunities for economic gain in a post-COVID era, one of the sectors that will surely experience a boom is the logistics sector. Furthermore, its low-cost entry and ability to deliver quick returns makes it a sweet spot for any interested participant. Will you consider this business opportunity with WAeY? You can reach them via email at partners@waey.net.