Earlier this month, we had the pleasure of hosting a webinar with our partners at Logistyx Technologies. Logistyx is the leader in transportation management for parcel shipping, providing a SaaS-based solution with state-of-the-art business intelligence and an integrated global carrier network of more than 8,500 carrier services. Last year, we integrated Logistyx’s transport management solution (TMS) into our platform to provide multi-carrier parcel deliveries for customers. Given the degree of disruption many companies are facing now, especially when it comes to securing spare parts and goods’ distribution, we decided to share some combined know-how in a recent webinar.
Re-thinking your approach is more critical now
Traditionally, companies have relied on an approach to planning which is focused on a familiar formula:
The cost of manufacturing + the cost of distribution = the total landed cost of goods sold.
This focus on costs made sense while supply chains remained less complex and easier to control. With disruptions becoming more common – from trade wars, to pandemics and natural disasters – companies have had to shift their approach to one focused on reaction, recovery and prevention. In our webinar, we address how companies can rely on new technologies like 3D printing and flexible logistics platforms to effectively re-write the formula from a manufacturing and a distribution perspective.
On the one hand, digitizing your inventory for on-demand manufacturing allows you to optimize your supply chain based on data. It results in faster lead times, removes the need for minimum order quantities, and can reduce inventory volumes by up to 60%, resulting in much lower costs and waste.
On the other, flexible distribution through a platform like Logistyx’s provides data-driven execution, builds up your distribution resilience, increases shipment visibility and decreases parcel shipping spend by up to 30%.
Watch the webinar for more insights! Register to get the recording.
Curious about leveraging the combined power of DiManEx and Logistyx? Connect with our team.