Intelligent CIO Europe Issue 4 - Page 9

NEWS INS Ecosystem signs memoranda with Netherlands’ largest postal operator efficiently as possible. PostNL is constantly improving its excellence with the delivery of, on average, 675,000 parcels and eight million letters on weekdays throughout the Benelux.” I NS Ecosystem, the world’s first decentralised grocery marketplace, has announced that PostNL, the leading e-commerce logistics provider in the Netherlands, has confirmed its intention to distribute the goods sold on INS Ecosystem marketplace. PostNL will thus endorse INS Ecosystem’s 2018 major rollout into the Netherlands that has a grocery market turnover of €35.7 billion. INS Ecosystem Co-founder, Peter Fedchenkov, said, “In order to revolutionise the direct-to-consumer interaction and make it the first option model for manufacturers globally, we need to ensure that goods reach their intended destinations, managing the supply chain as accurately and Founded by Peter Fedchenkov and Dmitry Zhulin, INS Ecosystem enables grocery manufacturers to address consumers directly, bypassing retail intermediaries, therefore saving up to 30% on everyday grocery e-shopping. With INS Ecosystem, consumers will have unimpeded access to both global and local manufacturers, including farmers, significantly reducing shipping distances and cutting the costs. Aimed at reducing waste throughout the supply chain, INS Ecosystem will also leverage blockchain to ensure more efficient shipping practices while implementing effective pull systems, decreasing product inventories and saving space. With seven of the top 20 FMCG global manufacturers having expressed their strong interest in selling their goods directly to the consumer, INS Ecosystem will begin its project rollout in the Netherlands this year: “Our strategic and influential agreements within the Netherlands are a sign of many great things to come, while MoU with the region leading logistics operator is a huge leap forward in our ambitious journey to transform the consumer goods industry worldwide,” concluded Fedchenkov. ///////////////// Over 175 million Europeans ready to pay with wearable devices continued growth, barriers to using contactless have also decreased. Concerns around fraud see the greatest decrease (–24%), with the Netherlands (–41%), Spain (–33%) and the UK (–31%) seeing the biggest drop in fraud concerns across local market