Ingka Group acquires AI logistics firm Locus to boost IKEA deliveries
· Source: itln.in
In short
Ingka Group, the largest IKEA retailer, has acquired Locus, an AI-powered logistics software company to strengthen IKEA's digital logistics capabilities. The acquisition will help IKEA manage capacity, optimize resources, and execute last-mile deliveries more effectively across global and Indian markets. Locus provides an AI-driven logistics management platform enabling route optimization, real-time tracking, and smart use of vehicles and resources.
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Tags: logistics, delivery, optimization, supply-chain, automation, routing