Press Release
June 4, 2024
San Francisco, 4 June 2024: Locus, a global AI-powered integrated logistics management SaaS company, has been recognized as a Representative Vendor in the Gartner® Market Guide for Multicarrier Parcel Management Solutions, 2024 (MCPMS).
The Gartner Market Guide notes, "Companies are faced with increased parcel delivery costs, driven by fuel and labor cost inflation, and shippers often lack the tools to optimize their transportation spend effectively." "Multicarrier parcel management solutions help companies select the best transportation options and digitize the collaboration between the shipper and the parcel carriers to automate actions such as the tendering, booking, and tracking of parcel shipments."
Locus’ MCPMS ShipFlex, automates multi-carrier deliveries tailored to custom business constraints around cost, speed, and efficiency. The platform simplifies the logistics of sourcing additional capacity by choosing from a network of 160+ carriers globally and assigning shipments, all from a single dashboard.
Nishith Rastogi, Founder and CEO of Locus.sh commented, "We are thrilled to be mentioned in the Market Guide. Previously we were largely focused on optimizing fulfillment for a captive fleet, and over the last two years, we’ve worked on evolving our platform’s capabilities to become a top choice for those looking to outsource their deliveries. For retail, manufacturing, and CPG companies outsourcing their deliveries, ShipFlex is a formidable ally in navigating the complex logistics landscape, and enhancing control and visibility across their distribution networks."
Gartner, Market Guide for Multicarrier Parcel Management Solutions, Simon Tunstall, Brock Johns, Oscar Sanchez Duran, 27 May 2024.
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Locus’ order-to-delivery AI-powered dispatch and transport management software helps enterprises transform their logistics from cost centers to revenue generators through advanced optimization algorithms and intuitive workflow automation. Backed by GIC Singapore, Tiger Global, and Qualcomm Ventures, it has helped 200+ global customers across industries— Unilever, Nestle, BlueDart-DHL, etc.—execute over 1 billion deliveries across the USA, Southeast Asia, the Middle East, and the Indian subcontinent.
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