Logistics consultancy Transnova has announced the acquisition of peer operator, Maluti-X, “leveraging the strengths of both companies’ networks, people, and skillsets to unlock new value for customers”, a post-acquisition statement says.
Transnova said it believed the development boded particularly well for the data-driven business environment, where companies increasingly collected an exponential amount of data from a multitude of sources.
“The challenge companies face, particularly in supply chain operations, is how to use that enormous amount of data to drive information into action and deliver tangible value,” the statement adds.
The acquisition of Maluti-X, a leading supply chain advisory and data analytics firm led by a team of experienced supply chain professionals, further augments the analytical traction Transnova has secured in the logistics and supply chain industry.
The consultancy points out that Maluti-X operates through three key divisions: supply chain consulting, data revolution, and industry solutions.
Customers who have partnered with Maluti-X include Amka, Digistics, Mr Price, Grandmark and Woolworths among others.
Transnova CEO Eric Gower-Winter is particularly enthusiastic about the bolstered business potential of bringing Maluti-X into the Transnova fold.
“The acquisition brings together two companies with complementary solutions, customers, values, culture and vision.
“Maluti-X is leading the way in transforming data into action for customers, which is where the industry is heading and a skill that is in high demand within our own extended customer base and network.
“They have also developed a unique labour optimisation and scheduling tool called MILO which allows companies to automate the operational decision-making and labour planning process. This ensures that the correct number of resources are used at the right time, thereby minimising overtime while adhering to labour laws.”
A recent survey by research and advisory company, Gartner, highlighted that data analysis was the leading priority in supply chain, closely followed by IOT and cloud computing.
Through 2024, 50% of supply chain organisations will invest in applications that support artificial intelligence and advanced analytics capabilities.
“We are pleased to join the dynamic team at Transnova who have achieved phenomenal growth in the past decade,” says Stephan Maré, managing director at Maluti-X.
“We are excited to learn from them, to share our knowledge and skills, and combine forces to unlock additional value for new and existing customers.
“Maluti-X will continue to operate independently to Transnova.”
According to Gower-Winter: “Close collaboration and knowledge sharing is already under way across both teams.
“This acquisition made sense for both parties and was simple to conclude due to the strong cultural fit across both organisations. We are a group of people who share the same values – a group with a deep drive to serve our customers first and foremost.
“We love solving our customers’ problems and finding solutions to their everyday issues and future challenges. We believe in turning these issues into opportunities for mutual benefit.”