Locus partners with Vinculum to enable omnichannel commerce By CIOReviewIndia Team

Locus partners with Vinculum to enable omnichannel commerce

CIOReviewIndia Team | Monday, 28 September 2020, 14:25 IST

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A global B2B Saas company, Locus, which is renowned for automation of human decisions in the supply chain, today declared a partnership with Vinculum, which is a global software SaaS company, giving enablement to omnichannel commerce and supply chain fulfillment for brands.

The partnership of Locus and Vinculum will be providing a seamless solution to brands for managing everything in E-Commerce starting from global marketplace listings, data consistency, real-time view of inventory in stores to BOPIS (Buy online, pick up in-store), BOPAK (Buy online, pick up at kerbside) Returns across channels and last-mile routing.

Krishna Khandelwal, Chief Business Officer, Locus, said, “Locus is continuously increasing its presence in Southeast Asia, Middle East, and India. In these markets, the relevance of E-commerce and Direct-to-Consumer (D2C) has skyrocketed in the recent past. Companies are looking for solutions to go online and reach more customers. We, at Locus, are continuously looking to join hands with great partners to address customer pain points. We are very excited about this partnership with Vinculum as it will help brands take products to their customers without all the hassle that comes with starting from scratch.”

Venkat Nott, Founder & CEO, Vinculum Group, said, “As a leader in SaaS omnichannel retailing, e-commerce and B2B fulfillment, we work with all parts of the Omnichannel ecosystem including brands, 3pls, marketplaces, and retailers. As part of our extensive partner program, we continuously look for functionalities that extend our product capabilities and provide added value to our customers. Smart logistics solutions are a problem area for many of our customers. The partnership with Locus will help our customers to be more efficient and enable them to scale faster. We are excited by the possibilities of the partnership and the value it will bring to our mutual customers.”

Locus is famous for using deep machine learning and proprietary algorithms for smart logistics solutions to customers. Locus is presently working with topnotch clients in Southeast Asia, North America, Europe, and India. Locus has offices in the United States, India, Indonesia, and Vietnam.

Locus’s top management includes executives from Amazon Web Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and data scientists from PhDs from the Carnegie Mellon University and the University of Illinois.

Till now, Locus has raised $29 million from tier-1 investors like Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners, and growX ventures.

About Locus

A deep-tech platform, Locus automates human decisions in the supply chain for providing efficiency, transparency and consistency in the logistics operations.

Locus implements deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights and analytics, beat optimization, efficient warehouse management, vehicle allocation and utilization. Locus augments optimize end-to-end supply chain network with its strategic consulting offering for businesses.

About Vinculum:

A global software SaaS company, Vinculum enables omnichannel commerce and supply chain fulfillments for brands. Vinculum has products for brands to maintain consistent product data across data sources, which can be easily listed to global market places. Vinculum is recognized Vin eRetail WMS is famous among 3PLs, Marketplaces and Distributors globally, for both B2B and B2C fulfillment.

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