TM Insight, backed by private-equity firm Next Capital, has acquired supply chain and industrial property consultancy, XAct Solutions, to significantly enhance the combined group’s supply chain capabilities and expansion in Asia.
TM Insight and XAct Solutions have designed and delivered major supply chain transformations for leading retailers including Bunnings, Coles, Kmart, and Woolworths, among many others.
“Since our inception, TM Insight has grown to become an innovative force in the supply chain and property industry. The acquisition of XAct Solutions marks our next era of expansion, bringing together the expertise and know-how of two leading businesses for the benefit of our customers,” TM Insight CEO, Travis Erridge said.
“XAct Solutions will increase TM Insight’s geographic reach and significantly bolster our supply chain capabilities by providing us with industry best practice systems to strengthen our unique integrated service offering in supply chain, property and project management.
“At a time where supply chains have never been more challenged with global restrictions and the acceleration in ecommerce, we are bringing together the top talent in the sector. This will provide our customers the support they need to futureproof their business and optimise their operations for the long-term.”
Founded in 2005, XAct Solutions has a presence across Sydney, Melbourne, Singapore, Ho Chi Minh City, Hanoi and Tokyo with a team of over 50 specialists. It was the first consultancy in the Asia-Pacific region to design, procure and implement supply chain solutions that ensures the operational needs of clients drives the right property outcomes.
XAct Solutions principals and owners Geoff Thomas, Peter Ramsay and Byron Patching are excited to join forces with TM Insight to provide an increased range of services to customers and be ideally placed to help organisations across the Asia-Pacific region transform their supply chain networks.
TM Insight appoints former Kathmandu exec
TM Insight has appointed former Kathmandu chief supply chain officer, Caleb Nicolson (pictured below), as general manager for New Zealand.
Nicolson brings over 20 years of experience in supply chain and retail to TM Insight. Over the last decade, he led the design and delivery of Kathmandu Group’s global supply chain and development of its online capabilities across its $1 billion brands, including Kathmandu, Rip Curl, and Oboz Footwear.
In his new role, he will lead TM Insight’s operations in New Zealand and work alongside the company’s leadership team to deliver on TM Insight’s strategy to design and deliver world-class supply chain solutions to customers across Australia, New Zealand and Southeast Asia.
“The acceleration of ecommerce in New Zealand presents an opportunity for local organisations to leapfrog the rest of the world who are challenged with legacy supply chains to quickly scale up and advance their operations,” Erridge said.
“Caleb is a recognised global industry leader in supply chain and retail and is best placed to help organisations in New Zealand with their supply chain transformations. His understanding of global best practice supply chain solutions and extensive local market knowledge will ensure organisations can capitalise on the rapid adoption of ecommerce,” he added.
Featured image: TM Insight co-founders and directors, Milan Andjelkovic (left) and Travis Erridge (right).