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  3. Locus Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Multicarrier Parcel Management Solutions

Gartner

Locus Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Multicarrier Parcel Management Solutions

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Team Locus

Jun 7, 2024

3 mins read

Key Takeaways

  • Global parcel delivery volumes continue to grow despite economic challenges, driving increased costs due to fuel and labor inflation while companies lack effective transportation spend optimization tools.
  • Companies increasingly need flexibility to manage diverse fleet types and require seamless integration between order management, transportation, and warehouse systems for efficient operations.
  • Real-time visibility and customer notifications have become essential elements of successful parcel management, helping minimize delivery re-attempts and improve post-purchase experience.
  • Locus ShipFlex addresses these challenges by integrating with over 160 global carriers and automating multi-carrier deliveries based on cost, speed, and efficiency parameters through a unified dashboard.

We are excited to announce that Locus has been mentioned as a Representative Vendor in the Gartner® Market Guide for Multicarrier Parcel Management Solutions, 2024 (MCPMS).

Locus recently announced that ShipFlex, its MCPMS, has expanded its carrier network to more than 160 global carriers.

Speaking on the development, Nishith Rastogi, Founder and CEO of Locus commented, “We are thrilled to be mentioned in the Market Guide. While we were earlier largely focused on optimizing fulfillment for captive fleet, we believe this mention reflects our natural progression as a top choice for those looking to outsource their fulfillment needs. For retail, manufacturing, and CPG companies outsourcing their deliveries, we believe that ShipFlex is not just a tool but a formidable ally in navigating the complex logistics landscape.”

The Market Guide noted that “Global parcel delivery volumes continue to grow, despite macroeconomic challenges and significant regional variations. Issues around flexibility and customer experience continue to grow in tandem with demand, despite inflationary pressures and the partial reduction in delivery capacity constraints. Companies faced increased parcel delivery costs, driven by fuel and labor cost inflation, and shippers often lack the tools to optimize their transportation spend effectively.”

Rising to the challenge with ShipFlex

As business operations evolve, companies need the flexibility to manage a diverse range of fleet types. ShipFlex provides this kind of flexibility by seamlessly integrating with existing order management systems (OMS), transportation management systems (TMS), warehouse management systems (WMS), and enterprise resource planning (ERP). It automates multi-carrier deliveries tailored to specific business constraints around cost, speed, and efficiency. The platform simplifies the logistics of sourcing additional capacity and assigning shipments, all from a single dashboard.

As a Multicarrier Parcel Management Solution, ShipFlex enhances dispatch flexibility with its capacity to integrate various carriers easily. It provides end-to-end visibility of the order journey, including real-time status updates for customer notifications, ensuring a top-notch post-purchase experience and minimized delivery re-attempts.

To know more about how ShipFlex can automate multi-carrier parcel management to increase capacity, improve fulfillment, and reduce costs.

Schedule a Demo

Source:

Gartner, Market Guide for Multicarrier Parcel Management Solutions, Simon Tunstall, Brock Johns, Oscar Sanchez Duran, 27 May 2024

Gartner Disclaimer

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally. All rights reserved.

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Team Locus

Written by the Locus Solutions Team—logistics technology experts helping enterprise fleets scale with confidence and precision.

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Locus Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Multicarrier Parcel Management Solutions

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