TransImpact Company Profile

Background

TransImpact, formerly known as Transportation Impact, is a leading supply chain technology and services company specializing in parcel spend management and supply chain planning. Founded in 2008 and headquartered in Emerald Isle, North Carolina, TransImpact has evolved from its origins in parcel contract negotiation to offering comprehensive end-to-end supply chain solutions. The company's mission is to optimize supply chain operations, create efficiencies, and transform the business performance of its clients.

Key Strategic Focus

TransImpact's strategic focus encompasses:

• Parcel Spend Management: Utilizing proprietary technology to analyze shipping data, negotiate carrier contracts, and identify cost-saving opportunities.

• Supply Chain Planning: Implementing advanced forecasting algorithms to enhance demand planning and inventory management.

• Business Intelligence: Providing data analytics solutions that offer actionable insights for improved decision-making and profitability.

The company targets a diverse range of industries, including consumer products, home products, and healthcare, aiming to improve clients' supply chain efficiencies and bottom-line performance.

Financials and Funding

TransImpact has demonstrated consistent growth, earning a place on Inc. magazine’s annual Inc. 5000 list for nine consecutive years as of 2021. The company manages over $1 billion in logistics spend and has helped its customers save more than $750 million.

Technological Platform and Innovation

TransImpact differentiates itself through its proprietary technologies and innovative methodologies:

• Parcel Contract Negotiation: Powered by a unique re-rating engine, the company identifies savings with precision, down to 1/10th of a percent.

• Parcel Spend Intelligence: A SaaS platform delivering consolidated dashboards that empower shippers through greater awareness in as little as 3-5 clicks.

• Demand Planning Software: Utilizing over 250 advanced forecasting algorithms to align inventory with demand, achieving up to 99% accuracy.

Leadership Team

• Berkley Stafford: CEO. Formerly with UPS and Envirotainer, Stafford has been instrumental in TransImpact’s vision to move beyond shipping into comprehensive supply chain solutions.

Competitor Profile

Market Insights and Dynamics

The supply chain technology and services industry is experiencing significant growth, driven by increasing demand for efficiency and cost reduction in logistics operations. Companies are investing in advanced technologies to gain a competitive edge.

Competitor Analysis

Key competitors include:

• KDL Logistics: Focuses on freight and logistics services with a revenue of $224 million and approximately 300 employees.

• Go Global Logistics: Specializes in global freight management, generating $24.5 million in revenue with 75 employees.

• D.W. Morgan Company: Offers supply chain solutions with a revenue of $240 million and 295 employees.

• iDrive Logistics: Provides parcel spend management services, reporting $65.3 million in revenue with 200 employees.

• Supply Chain Solutions: Delivers comprehensive supply chain management services, earning $40.8 million in revenue with 125 employees.

Strategic Collaborations and Partnerships

In August 2021, TransImpact acquired MCG Logistics, a global freight and parcel management consulting company. This acquisition expanded TransImpact's expertise in industries such as consumer products, home products, and healthcare, and enhanced capabilities in ocean, air, and international logistics.

Operational Insights

TransImpact's strategic considerations include:

• Technology Integration: Leveraging proprietary technologies to offer unique solutions in parcel spend management and supply chain planning.

• Industry Expertise: Combining technological innovation with deep industry knowledge to provide tailored solutions.

• Customer-Centric Approach: Focusing on creating value for clients, resulting in a high rate of customer satisfaction and retention.

Strategic Opportunities and Future Directions

TransImpact is poised to capitalize on:

• Technological Advancements: Continuing to develop and integrate advanced technologies to enhance service offerings.

• Market Expansion: Exploring opportunities in emerging markets and industries to broaden its client base.

• Sustainability Initiatives: Implementing eco-friendly practices and solutions to meet the growing demand for sustainable supply chain operations.

Contact Information

• Website: transimpact.com

• LinkedIn: TransImpact

• Facebook: TransImpact

• Twitter: @TransImpact