Retailers look to parcel lockers to trim last-mile costs

Last-mile delivery parcel locker

In the big game of supply chain, the last mile is the fourth quarter. Consider this: Last-mile costs account for over half (53%) of the total cost of shipping, which means the margin for error there is slimmer. It’s crunch time. Make or break. Whatever you want to call it, the last mile is where the shipping experience is won or lost.

But retailers face a dilemma. Cost-saving measures like route optimization and transportation management systems are now commonplace among retailers and their...

https://www.freightwaves.com/news/retailers-look-to-parcel-lockers-to-trim-last-mile-costs

Verizon introduces parcel lockers at 250 stores

A Verizon store in New York City might soon get a parcel locker

Buy online pickup in store — or BOPIS, as it’s known in retail — has become second nature to the U.S. consumer. The idea is simple: Shoppers place orders on a retailer’s e-commerce site, travel to a brick-and-mortar location and pick up the items on their time. Easy enough, right? But there’s always room for improvement.

Just ask Verizon (NYSE: VZ). The New York City-based cellular provider announced Monday that it is adding parcel lockers to its stores, aiming to make the BOPIS process as...

https://www.freightwaves.com/news/verizon-introduces-parcel-lockers-at-250-stores