TMX Transform introduces simulation solutions to the UK
Three years on from lockdown, geo-political tensions and staff shortages mean businesses are continuing to struggle with their supply chains. To help address this, TMX Transform has introduced suite of advanced simulation solutions, designed to examine the challenges of warehouse and distribution centre operations in the UK.
Uncertainty still clouds the global supply chain, with rising trade tensions between the US and China, the war in Ukraine, cyber-crime, and heightened costs still making the transport of goods and services more difficult than throughout the last decade. As they look to support businesses through these challenges, this has seen a number of consulting firms release new offerings, relating to supply chain navigation.
The latest of these is TMX Transform, an end-to-end supply chain consultancy serving global businesses, whose clients include Marks & Spencer, UNIQLO and Coca-Cola. The firm has introduced advanced simulation solutions designed to address the challenges of warehouse and distribution centre operations in the UK.
“Businesses today require modern solutions to model supply chain data,” TMX Transform’s UK Head of Country Gerry Power commented. “Ongoing supply chain disruptions and global volatility have facilitated a push for greater supply chain resilience. By removing the guesswork from complex ‘what if’ scenarios, our customers use simulation tools to become more agile and flexible by implementing the right technology, automation and processes.”
Amid the growing complexity of supply chains, characterised by advanced warehouse automation, improved demand forecasting, and stricter service levels, businesses need a data-informed approach to distribution centre design that reflects real operations rather than using averages to predict requirements. To deal with these challenges, simulation, digital twins, and virtual reality tools and services can provide insights into operations and greenfield facilities, helping companies uncover hidden opportunities and make informed strategic decisions.
To that end, the TMX Transform simulation tool supports network performance optimisation, helping identify efficient network configurations that minimise costs and maximise service levels. It also creates virtual representations of manual and automation DCs to assess performance and to identify gaps, potential issues, and effectiveness of operations. And the suite offers up automation feasibility validation, to create models of real-world processes through simulation to evaluate the impact of automation on productivity, efficiency, and cost.
Nick de Klerk, associate director at TMX Transform, added, “To design a resilient supply chain, visualisation is key, which sparked us to pioneer this new technology. We support companies in understanding available technologies and selecting the most suitable for their needs. We take pride in being the market leader and are dedicated to helping clients predict, plan, and mitigate risks in automation projects.”
Illustrating the opportunities presented by the firm’s expertise, De Klerk noted that in the food and beverage industry, a multinational bottling company recently partnered with TMX Transform to revamp its supply chain network. By employing network strategies and simulation tools from TMX Transform. Thanks to the engagement, the client addressed challenges arising from mergers, supply and demand imbalances, and shifting consumption trends, resulting in a 12% annual cost savings and a 70% reduction in stockholding locations.