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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.

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

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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