TMX Global launches metaverse supply chain simulation

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Supply chain consultancy TMX Global has launched its TMX Metaverse True Digital Park in Bangkok, Thailand.

The TMX Metaverse is a tool for supply chain transformation, ensuring businesses can step into a virtual reality simulation and experience floor plans at a real, human scale during the entire design process. By leveraging the metaverse’s ability to bring something digital to life, businesses can collaborate and configure in real time with TMX, thereby realizing tangible cost efficiencies across their projects. With the ability to visualize designs in the metaverse, TMX estimates that businesses can improve decision making and efficiency during the conceptualization process by up to 50% in some cases.

A key feature of the TMX Metaverse platform is the Campus, which showcases the latest robotics and supply chain automation technologies. The Campus provides users with an immersive experience to explore and understand how these technologies can enhance and streamline their supply chain operations.

Travis Erridge, CEO of TMX Metaverse, said, “The industry-first solution first launched in Australia with great success. Launching in Asia was a natural next step given the business’s growing focus in the region, and in response to the region’s supply chains facing increasing pressure from consumers, boards and other stakeholders to optimize. What we’ve found is that ongoing supply chain disruptions have set ASEAN’s economies back by a staggering US$17.01bn annually. As the region’s role in the global supply chain landscape strengthens in the wake of volatility in the rest of the world, businesses in Asia are increasingly considering ways to mitigate these disruptions and ensure greater supply chain resilience.

“To effectively design a resilient supply chain, visualization is key – this was what sparked us to pioneer this new technology. The TMX Metaverse not only brings future floor plans and concepts to life, it breaks borders by allowing businesses to work collaboratively in real time throughout the design process, ensuring that the final outcome meets their supply chain needs. ASEAN presents unique growth opportunities on all fronts, and TMX aims to play a key role in supporting this growth by strengthening the agility and resilience of the region’s supply chains.”

Dean Jones, managing director of Asia at TMX Global, said, “Thailand was selected to be the hub to launch the TMX Metaverse because Thailand represents a key part of our Asia strategy as we recognize the market’s strong potential in the supply chain sector. Over the last few years, Thailand has experienced robust growth in e-commerce, which has called for strong investments in warehouse and logistics facilities. The authorities have also rolled out a series of national schemes to transform Thailand into the region’s logistics hub to cover land, air and maritime transport in ASEAN. Holding our Asia launch of TMX Metaverse here in Thailand demonstrates our commitment to this market. The country’s strong potential to drive further growth aligns with our Asia strategy to tie key industrial learnings with digital solutions, so we have decided on making our mark in the Thai market to set up the businesses here for success on the international stage.”

Read more key technology updates from the parcel and postal technology industry, here.

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