Supply chain management is one of the major challenges faced by constantly growing eCommerce businesses, as it is an extensive hasty process that requires top-notch supervision. Global internet consumption is at an all-time high which further fuels the desire of eCommerce companies to reach global consumers. The domestic logistics market is growing more quickly than the economy and is expected to continue doing so in the years to come at a CAGR of 8–10%. Several reports claim that the logistics industry contributes roughly 13% of the GDP.
Over the past ten years, there have been several changes to the logistics landscape, including the implementation of the GST, upgrades to the road infrastructure, and a high degree of automation that has enhanced logistical efficiency.
In such a situation, in addition to the expansion of third-party logistics providers in the eCommerce industry, shipping aggregators are becoming increasingly important to eCommerce enterprises.
Understanding Courier Aggregators
Companies known as shipping aggregators link eCommerce businesses with a network of third-party courier service providers through an integrated platform. Along with handling timely order deliveries, the aggregators help them maintain a proper dialogue with their courier service providers. Businesses that frequently ship goods may find this service useful since it can save time and money by comparing shipping services from multiple partners in a single place.
To give businesses greater freedom in selecting the best shipping solution for their needs, courier aggregators offer an integrated network of courier service providers to facilitate logistics operations. They frequently help businesses with reduced shipping rates and wider delivery reach, which can help them manage their money and resources efficiently.
Role of Courier Aggregators In eCommerce
Understanding exactly what a courier aggregator does and what its functions are in the eCommerce field is crucial given how quickly this industry is expanding.
Typically, a logistics aggregator offers domestic as well as international courier services to eCommerce businesses. They are in charge of all the procedures needed to deliver the product to the customer or end-user safely.
Many of the startups are dedicated to offering end-to-end logistics services to Indian eCommerce. This is because the eCommerce industry is strongly dependent on logistics aggregators and would collapse without the help of courier partners which are needed to quickly and affordably distribute the products to customers.
Companies that handle logistics also run several warehouses and fulfilment facilities across the nation where these products are kept safely until the final delivery day. From there, they are in charge of secure storage, appropriate packing, and delivery transportation. In exchange for a processing fee or percentage commission, they handle end-to-end logistics needs to ensure faster and cheaper delivery.
List Of Some Of The Best Courier Aggregator Companies For Online Business In India
Many courier aggregator companies in India provide eCommerce shipping services. Some of them are leading the logistics industry such as NimbusPost, Shiprocket, Ecourierz, iThink Logistics, etc. These companies offer technology-driven shipping services that can be customised to meet the specific needs of your business. They also have an extensive network of courier partners that they work with, to provide you ample options to choose the best courier service as per your business needs.
To help MSMEs and even huge corporations optimise their end-to-end logistics operations, NimbusPost was launched in 2018 as a logistics aggregator platform. It offers domestic and international courier service, warehousing, and fulfilment to online businesses and D2C brands. Across the nation, the business collaborates with 27 different courier partners, including Blue Dart, Delhivery, XpressBees, DTDC, and Shadowfax.
An automated order verification system, a real-time non-delivery report panel, live shipment tracking, post-purchase shipping alerts, and performance tracking are just a few of the features available on the NimbusPost dashboard. The platform also offers a fraud detection tool that uses Machine Learning and AI to prevent fraudulent orders.
India’s top-rated shipping aggregator, eCourierz, has been in business for five years. This may be because of their diverse reach. While they continue to provide services in a somewhat effective manner, they are particularly well recognised for their efficient international courier services. The majority of their customers ship abroad at affordable rates and rely on the safety standards they offer.
WareIQ has become one of the best logistics companies in India by offering a full stack of eCommerce fulfilment solutions and delivering its customers a comparable experience to Amazon Prime with same-day and next-day delivery. This shipping aggregator was established in 2019 and is open to everyone.
iThink Logistics Aggregator
As the rising star of the logistics aggregation sector, iThink Logistics is making rapid progress. Given the affordable shipping rates offered, the majority of clients find their services to be incredibly good. They have earned the reputation for quickly responding to escalations.
Currently, Pickrr is a well-known logistics service in the eCommerce sector. This is due to their expertise in offering quick delivery to even the most remote areas of India. Depending on how many orders are handled every month, Pickrr offers discounted charges. A shipping fee of Rs. 29 is charged for orders that amount to less than 1000 each month.
Shiprocket has created positive credibility with time and serves around 20,000 pin codes. Its shipping partners comprise Aramex, FedEx, Blue Dart, and more. This shipping management software has pricing plans for seamless procedures: Lite, Basic, Advanced, and Pro, which rely on order volumes. It also provides cash-on-delivery support and a cycle of 14 days for its release.
It serves as a comprehensive shipping solution for all eCommerce logistical needs. It provides services across more than 20,000 pin codes in India and ships to 200 different nations. It provides automatic data inflow, multiple location pickup, reverse shipments, shipping competence analytics, ongoing assistance, and more. Vamaship is used by more than 500 businesses, including Amazon and Alibaba.
Shipyaari is regarded as one of the most trustworthy shipping firms. The business was founded in 2013 by Vishal Totla and Nayan Ratandhayara. This Mumbai-based company has overcome several challenges to establish a strong brand in the industry. Additionally, it provides fairly variable time frames depending on monthly and yearly intervals. They have four domestic partners and additionally provide their services beyond international borders.
A reliable shipping aggregator platform that can support warehousing, inventory, delivery, invoicing, managing cash-on-delivery, and handling product returns is required for eCommerce to run smoothly. In eCommerce, logistics plays a role in minimising the risk associated with virtual relationships.
By guaranteeing that the appropriate product is delivered to the consumer, at the right place, and at the right time, an eCommerce courier aggregator can help your business in managing a robust delivery service, which has an integral role to play in customer satisfaction.