I’m really surprised that so many last mile delivery businesses don’t have a basic understanding of their unit economics. The simplest things are the hardest.
If you are a last mile delivery business, you should always be on top of your unit economics. Whether it is food delivery, ecommerce delivery or grocery delivery, the thin margins and large scale operations can quickly get out of hand, especially in these times.
The first step is to understand where you are with your current metrics. To solve this, we are open sourcing a back of the envelope calculator that will help you understand the state of your business.
If you don’t know any of these numbers, I would highly suggest you to look at your technology solutions. It will be hard to manage your operations without these. At Zorp, we offer a set of tools that help you get all these in place. You can check it out here - https://zorp.one
You can access the template here.
Calculate the Unit Economics of your Business - click here