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CroDS

PiggyBaggy – the Uber of parcel delivery

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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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.

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

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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