At a Glance
Stratify 360 helped a logistics and transportation business that offers a range of logistic services from domestic road transport to the warehousing of goods. Due to poor market conditions and overall economic downturn, the business was looking for new ways to manage its clients’ supply chains and logistics departments to improve efficiency, reduce costs and mitigate any risks.
The goal was to provide integrated business solutions through innovation and digital transformation. It wanted to integrate digital technology into its business models to enter new markets, improve market intelligence and deliver higher value to customers. Stratify 360 established a fully digital business model to meet customer demand by utilizing the logistics capacity of other businesses rather than owning its own logistics assets.
The Story
The business underwent a digital transformation, reducing the need to own any physical logistics assets. Even though transitioning to the non-asset business model required high initial costs, it allowed the business to reduce amortization and inventory costs, saving the business money in the long term.
It tracked all shipments with digital technology and acted as a middleman in matching logistics capacity to customer demand. This enabled the business to provide the same level of service as larger players in the market.
A non-asset-based logistics business finds its market in providing expertise within supply chains and negotiating better commercial terms. The high flexibility of this supply chain model allows it to identify the best approach to meet the demands of industry and to respond to clients’ needs on a case-by-case basis.
The new strategy included a mission of providing innovative integrated logistics services, emphasizing efficiency and dedication to customers as well as a vision of creating a sustainable model to take a leading position on the regional market.
The business has turned to providing clients with transportation management system software, compatible with well-known logistics platforms. This helps clients to procure distribution services in an efficient and timely manner.
