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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.

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

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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