ST. LOUIS (January 4, 2021) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today a growth investment in Made4net, LLC, a New Jersey based provider of Warehouse Management System (WMS) and end-to-end supply chain execution software. Foley Hoag......
What you ship, where you ship it from or where you ship it to – This is the heart of the transportation industry, and with over 15 million trucks just in the US, and e-commerce booming, this is a very competitive market. Being a transportation and logistics solution provider, you need to be as automated as possible.
While transportation and freight markets are hurting due to the recent pandemic challenges, your declining profits and a delayed recovery in many markets top the list of your problems, and the “digital transformation” of transportation and logistics is a true opportunity. With that said, the transportation and logistics sector is still in its infancy when it pertains to digital transformation and that increased use of digital tools can assist companies face challenges in three areas:
- Visibility: The ability to track/monitor goods in real time.
- Agility: Expedited delivery demands from digital consumers.
- Sustainability: Reduction of emissions while leveraging fast modes of freight.
The Made4net TMS is an innovative solution for managing the transport system and for optimal planning of the tasks to be performed. The system manages all the resources of the trucking system (i.e., trucks, drivers, pick-up units, etc.) and allows you to manage various tasks such as transporting goods between logistics centers, distribution from a logistics center to customer sites, goods collection, entrances to sites and ports.