In an exclusive conversation with Logistics News ME, Max Avtukhov, CEO and Co-Founder of Yango Deli Tech, tells us about the company and its plans…
Yango Deli Tech believes that the e-grocery business in these areas has much promise and is growing fairly quickly. The MENA e-grocery sector is worth roughly 25 billion USD and has room to expand. The average order is one of the largest in relation to the cost of fulfilment and delivery, and estimations indicate that Dubai has the potential for at least double the number of daily deliveries.
The number of employed individuals, their income, and their use of grocery delivery services are all expanding. The most cutting-edge technologies are a driver for the continued market share growth because the Middle East has a 4% penetration rate for e-commerce.
At the same time, service providers still need to be at the desired level of maturity. For instance, e-grocery businesses had double-digit growth even when 20 to 30 per cent of orders were missing products.
“We believe that with our proprietary tech, we can help local companies that want to capture a significant market share of e-grocery fuel their exponential growth and together with them, we can transform the e-grocery sector in the region,” says Max Avtukhov, CEO and Co-Founder of Yango Deli Tech. “Our tech solutions will allow customers to receive their goods on time and in full, raising profitability and overall efficiency for the grocer.”
While most businesses focus on individual aspects of logistical problems, such as the last mile, mid-mile, or fulfilment, Yango Deli Tech offers an end-to-end tech stack. “Our solutions include a variety of features for the fulfilment, delivery, client experience and analytics; it ranges from essential functions such as warehouse management systems and ERP systems to AI-based demand prediction and dynamic surge systems.
We understand the process end-to-end and can help retailers at every step of the e-grocery business process, be it a fulfilment, last-mile delivery or analytics for informed business decisions. The wide range of tech modules and high flexibility of our solutions help to meet the most complex customer needs,” adds Max.
Yango Deli Tech also offers exclusive technology and knowledge to retailers and E/Q-Commerce.
Following this, when a retail business decides to go online, it either tries to develop its technology or chooses third-party solutions for each segment or stage in the process, integrating them into its infrastructure and producing a cumbersome and complex system that could be more efficient. To increase efficiency, businesses aim to introduce their products into the market, giving up some of their brand identity.
Yango Deli Tech provides the infrastructure for our clients to go online, helping them to avoid the unnecessary costs of maintaining non-core functions. “We also allow businesses to scale fast — leapfrogging the competition,” says Max.
For companies with a footprint in e-grocery, we help improve unit economics, which is a significant pain point for many Q-commerce players. “According to our estimates, by using our solutions, our client can achieve assembly time reduced by 50% thanks to instruments for pickers aimed at quality check and in-store logistics efficiency improvement, almost 100% stock accuracy – by implementing the innovative Warehouse Management System, cancellation rate can also be cut by up to 35% by using a machine learning-based model that predicts supply-demand balance for each warehouse to control CTE. All this translates into revenue growth that our clients usually witness in a matter of months.”
Lastly, their unique solutions can assist merchants in achieving their ESG objectives. It uses innovative auto-replenishment technology and a carefully thought-out dynamic discounting system to decrease food waste by up to 40%. By determining the most practical path for couriers and logistics while minimising unnecessary miles, the smart routing solution and batching algorithms assist in cutting fuel use and CO2 emissions.