Giving the ‘go’ logistics to
Gautam Prem Jain, Co-founder & CEO, GoComet.in, on enabling a single user-friendly platform that helps in bringing all freight forwarders for centralised interactions with low transparency and high logistics cost.
How is the platform saving 15 per cent of logistics cost?
We have achieved it through two key features, i.e. forcing compounded negotiations and enabling net landed rate-based comparison, with minimal human efforts. Through the method, we save international freight cost
`1-3 in the range of Crore per annum for clients with over 300 containers. This is without adding the saving on man-hours and cost saved due to automation of repeat work, not to mention opportunity cost due to blockage of workforce in basic processing.
How is GoComet different from other start-ups?
A unique feature of GoComet is its ability to build huge automation advantage for clients and bring in all cost savings without them having to take risk of adding unreliable vendors. Our savings engine works on their existing vendors, making it beneficial.
Enumerate expansion plans.
The company will expand into SE Asia including Indonesia, Malaysia, and Thailand. By December 2018, we will have our presence in South East Asia and Dubai. In three years, we will be in six continents with $100M annual revenue.