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CroDS

PiggyBaggy – the Uber of parcel delivery

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

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 CroDS project word cloud

Explore the words cloud of the CroDS project. It provides you a very rough idea of what is the project "CroDS" about.

retailer    paid    goods    models    devices    logistics    sustainable    it    experts    drivers    ipr    produces    pilot    library    oy    people    hypermarket    shopping    transport    postal    safely    points    volume    278    pick    parcel    feasibility    standardized    partnering    uber    negotiating    public    peer    transported    business    companies    easily    groceries    transaction    founded    markets       revenues    plan    piggybaggy    validated    supports    downloaded    crowdsourced    advantages    vice    assuming    mobile    efficient    threshold    coreorient    someone    retailers    neighbors    finnish    home    additional    channel    professional    faster    share    strategy    finland    environments    net    negotiations    deliveries    margin    sent    executes    grocery    model    retail    power    nokia    pain    accelerated    stores    president    2020    alternative    below    chain    taxi    mckinsey    semi    20x    reduce    company    savings    service    competitive    customers    market    16    consumers    roll    agreed    15    2011    million    proven    instead    affordable    parcels   

Project "CroDS" data sheet

The following table provides information about the project.

Coordinator
COREORIENT OY 

Organization address
address: HEINJOENPOLKU 3 A 7
city: ESPOO
postcode: 2140
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website http://www.piggybaggy.com/en/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2014
 Duration (year-month-day) from 2014-10-01   to  2015-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    COREORIENT OY FI (ESPOO) coordinator 50˙000.00

Map

 Project objective

PiggyBaggy is a crowdsourced logistics service allowing, for example, someone shopping in a hypermarket to also safely and easily deliver groceries to his neighbors and get paid for it. It is an efficient, sustainable and affordable transport alternative for home deliveries from retail stores and parcel pick-up points. Compared to the crowdsourced taxi service Uber, PiggyBaggy is: 1. Used for parcel deliveries instead of people transport 2. Parcels are transported by peer consumers instead of semi-professional drivers 3. Parcels are sent by grocery retail and delivery company partners (high volume) instead of consumers Our partnering with large retailers and delivery companies allows faster growth for both, because we reduce the cost of delivery for consumers below their €4-7 pain threshold (McKinsey). Our IPR strategy supports the competitive advantages and negotiating power. As a result we will achieve net revenues of € 278 million from home deliveries of consumer goods in Europe by 2020 based on Uber’s proven business model (assuming 5% market share and 15% transaction margin). The service pilot with a public library validated 20x cost savings in home deliveries. A Vice President in Finland’s largest retail chain and a Vice President in the Finnish postal service have agreed on partnerships to pilot the service with their customers. This project produces a feasibility study and a business plan based on results from test use in real operational environments and negotiations with channel partners: a grocery retailer, a postal company and a public library. The overall project executes this plan by developing the required additional technology and channel partner supported business models, allowing for accelerated roll-out across the European markets. Coreorient Oy (founded 2011) experts are from Nokia and have 15 years of experience in challenging R&D projects, including 16 million downloaded mobile applications and key functionality standardized for mobile devices

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The information about "CRODS" are provided by the European Opendata Portal: CORDIS opendata.

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