The Future of Intelligent Digital Supply Chains
With the fast-paced and competitive nature of the supply chain, it is essential that businesses are strategically planning digital transformation strategies. A key part of an intelligent digital supply chain is the implementation of technologies such as; artificial intelligence, machine learning, cloud computing and much more.
In order to create a successful digital supply chain, companies must provide real-time visibility across every aspect of supply chain management. Visibility can be enabled through the optimisation of cloud computing in order to create a connected ecosystem.
The majority of today's supply chains use both digital and analog processes, however, a fully digital supply chain would eliminate the use of paper, manual entry and data request through a phone call or email. A fully digitalised supply chain would be electronically connected and managed using real-time tracking to add visibility to the manufacturing, transportation and logistic processes. End to end digital connectivity allows for management and optimisation of the most complex supply chains, from customer to supplier.
Most companies have begun their digital transformation journey. Implementation of technologies such as IoT, blockchain, predictive analytics and others mentioned previously are essential. However, this journey doesn’t come without challenges. Although digitising the supply chain is a topic that has been in conversation for years, increased customer demand and the current global pandemic has been a catalyst for many companies.
The main challenges are faced by smaller companies that struggle to internally integrate technology, meaning that they have to look externally to outsource these functions. Companies will go to external businesses who have already made the investments into digital technology.
As a result, it is essential for companies to begin digital transformation initiatives that optimise the latest technologies in order to create a more visible and connected supply chain. Connected supply chains are often data driven and allow for real-time adjustments that exceed the need for traditional systems.
It is important that companies understand the need for digital supply chains in order to replace long, manual processes and highly organised manual communication management systems.
Supply Chain Leader TransImpact Refreshes Identity
Supply chain and logistics leader Transportation Impact today unveils a new corporate identity to reflect its expansion beyond shipping and evolution into an end-to-end supply chain technology solutions provider.
The organisation will be known as TransImpact, today unveiling the new name, a refreshed logo and branding, and an updated website at www.transimpact.com. The new tagline ‘Driving Value. Creating Next’ highlights its new motivation and strategy to evolve its business and ‘create a foundation for new opportunities’.
The Evolution of TransImpact
Branding research revealed to TransImpact that the company has built a strong, industry-wide reputation for agility and innovation over the past 12-plus years, during which it has primarily been known as a pioneer in the parcel negotiation industry. Investment into its new visual and corporate identity reflects that shift, says Berkley Stafford, CEO, TransImpact.
“The name TransImpact is a natural evolution from our original name, Transportation Impact,” Stafford said. “As we evolved to support clients beyond shipping, this new name better reflects our new future as a technology company delivering solutions across the entire supply chain continuum.”
Today’s rebrand is the latest step in TransImpact’s evolution. The company acquired supply chain business intelligence platform Vizion360 in January 2021, and now provides a suites of Software as a Service (Saa) technologies, consultancy, and managed services across its Parcel Solutions, Business Performance Solutions, and Managed Logistics Solutions divisions.
Who Are TransImpact?
- Founded: 2008
- Employees: 150
- Customers: 1000+
- Headquarters: Emerald Isle, North Carolina
- CEO: Berkley Stafford
TransImpact is an industry leader in the development and application of end-to-end technology-based solutions that optimise supply chain operations. It serves more than 1,000 customers, including global organisations such as jeweller Pandora, fashion and footwear brand Toms, and sports equipment company Ping. TransImpact manages over $1bn in logistics spend, and clients that leverage its parcel solutions save an average of 19.7%.
TransImpact is led by chief executive Berkley Stafford, a former UPS man and, more recently, Head of Healthcare Sales, the Americas, for Envirotainer. Stafford has been instrumental in TransImpact’s vision to move beyond shipping, and is a strong advocate for IMPACT1, the company’s philanthropic initiative through which more than $1m has been donated to charitable causes. He holds a BSc in Business Administration from The University of North Carolina at Wilmington.