Logistyx Technologies was recognized for the second time by Gartner in the 2019 Market Guide for Multicarrier Parcel Management Solutions (Gartner subscription required). We believe this serves as a validation of our SaaS-based Transportation Management System (TMS) for parcel shipping and our highly valued global carrier services network and Business Intelligence capabilities.
According to the report, “although multicarrier parcel management is mature in some retail and distribution environments, many companies have large parcel operations in other areas of their businesses, or they are not traditional shippers but have a large parcel shipping need.”
In addition, “parcel and last-minute delivery continue to be the fastest-growing shipment segments due to increases in multichannel retail, e-commerce in B2B, and same-day delivery offerings.” Further, “most companies today operate in reactive execution mode for parcel and are missing great opportunities to optimize and consolidate their parcel shipping as well as shop for more varied rates and/or services.”
Translation: the debut of our innovative TMS for parcel shipping, TME, is intersecting with a significant need in the marketplace.
With Logistyx TME, shippers leverage a SaaS-based solution to achieve on-time delivery while significantly reducing transportation costs. Our expertise includes 550 carrier service configurations, thereby equipping Logistyx customers to leverage rate shopping and simulation tools across their contracted carrier network – no matter how vast or global in nature – to determine the ideal combination of carrier services in real time, based on factors such as price, capacity, service requirements, and performance. Control tower visibility and dashboard reporting enable proactive delivery event management and carrier performance monitoring, and advanced freight audit capabilities allow companies to verify invoice accuracy before issuing payment and find potential savings.
Logistyx customers report an average 25% savings on parcel shipping spend while successfully meeting delivery commitments, and time to value on the parcel shipping system itself is often six months or less.
Gartner “Market Guide for Multicarrier Parcel Management Solutions,” Bart De Muynck, et al, 25 July 2019
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