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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.

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

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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