Timocom

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TIMOCOM GmbH
Company typeLimited liability company
(Gesellschaft mit beschränkter Haftung)
IndustryIT
Headquarters
Erkrath
,
Germany
Revenue89.9 million Euro (2022) [1]
Number of employees
over 500[1]
Websitehttp://www.timocom.com

TIMOCOM GmbH with head office in Erkrath is a German IT and freight technology company. TIMOCOM is the operator of Europe’s first Smart Logistics System.[2][3][4] It was founded in 1997 and sees itself as an IT service provider for all companies involved in transport. Its flagship product is a freight exchange.

TIMOCOM has representative offices in Poland, Czech Republic, Hungary and branches in Spain and France.[5] The company achieved turnover of €74.6 million in the 2018 financial year.[6] TIMOCOM employs more than 500 employees from over 30 different countries.[7] TIMOCOM is one of the market leaders in Europe with its freight and vehicle exchange, originally TC Truck&Cargo.[8] This exchange regulates supply and demand in transport services through its own online marketplace. TIMOCOM has offered its networked applications, services and interfaces within the Smart Logistics System since 2018.[9] TIMOCOM has been awarded the title “Best Brand” in the “Freight Exchange” category every year in the reader’s vote of ETM-Verlag (publishing house) since 2008.[10] [11][12][13][14][15][16] The company’s products and services are offered in 44 European countries and in 24 languages.[17]

History[edit]

It was founded in 1997 as TimoCom Soft- und Hardware GmbH by the entrepreneurs Jens Thiermann and Jürgen Moorbrink as well as the software developers Gunther Matzaitis and Oliver Schubert. The first part of the company name "Timo" was created from the first letters of the two first-mentioned founders. The company presented the freight, and vehicle exchange TC Truck&Cargo as its first product which enabled users to provide freight or transport vehicles digitally and avoid cost-intensive empty runs.[18]

TIMOCOM extended its offering in the years that followed to an extensive transport platform.[19] Amongst others, applications for cost calculation, route planning, vehicle tracking, assigning storage spaces and long-term transport tenders were developed.[20] [21] [22]

TIMOCOM went online in 2006 and enabled users to place offers in real time. This step changed the processes of logistics company extensively in Europe.[23]

Due to the fact that hundreds of thousands of offers were placed on the TIMOCOM transport platform on a daily basis, the decision was taken to provide the relationship of supply and demand as a new online service in 2009. The transport barometer is now used by many companies as a controlling factor for their pricing.[24][25][26] [27]

The company head office was relocated to Erkrath in 2014. A second building complex was added in 2017.[28][29]

Jens Thiermann handed over the operational management to his son Tim Thiermann, Managing Partner, in 2019.[30] Since then, he has managed the company alongside Sebastian Lehnen, Member of the Executive Board.

Products[edit]

Smart Logistics System The Smart Logistics System combines different applications for the digital support of transport processes with a logistics network consisting of more than 43,000 certified companies all over Europe.[31] The Smart Logistics System can be connected with existing logistics and telematics systems via individual interfaces. The system also offers various services.

Applications

  • Freight and vehicle exchange (freight exchange)
  • Warehouse
  • Transport orders
  • Quote requests
  • Tenders
  • Tracking
  • Routes & costs
  • Company profiles

Interfaces

  • Freight exchange
  • Transport orders
  • Tracking

Services

  • Security net
  • International debt collection service
  • Update Pool

References[edit]

  1. ^ a b "About TIMOCOM". www.timocom.co.uk. Retrieved 23 October 2023.
  2. ^ "TimoCom presented first Smart Logistics System, representing Augmented Logistics at IAA CV". Fleet Transport. 2018-10-08. Retrieved 2024-04-25.
  3. ^ "Intelligent Transportaufträge vergeben". Beschaffung aktuell (in German). 2018-12-03. Retrieved 2024-04-25.
  4. ^ TIMOCOM presents the extensive system of smart apps for logistics
  5. ^ About us
  6. ^ Timocom notes greater use of exchange platform
  7. ^ About us
  8. ^ Verkehrsrundschau: Güterverkehr: Frachtraum wird zunehmend knapp, vom 27. Mai 2010. (in German)
  9. ^ TIMOCOM presented first Smart Logistics System, representing Augmented Logistics at IAA CV
  10. ^ ETM-Awards für die besten Nutzfahrzeuge 2017 (in German)
  11. ^ https://www.auto.de/magazin/etm-awards-fuer-die-besten-nutzfahrzeuge-2017/ (in German)
  12. ^ TimoCom Truck&Cargo gewinnt bei "Beste Marken" (in German)
  13. ^ ETM Award 2019: Die Besten der Nutzfahrzeugbranche (in German)
  14. ^ TC Truck und Cargo bleibt auch 2012 „Beste Marke“ (in German)
  15. ^ 7 auf einen Streich: Leser wählen TimoCom zur „Besten Marke“ (in German)
  16. ^ ETM Award 2019: Die Besten der Nutzfahrzeugbranche (in German)
  17. ^ About us
  18. ^ Handle orders digitally on the TimoCom transport platform
  19. ^ TRANSPORTBAROMETER VON TIMOCOM IM AUFWÄRTSTREND (in German)
  20. ^ TIMOCOM BIETET DURCHGÄNGIG DIGITALE GESCHÄFTSABWICKLUNG (in German)
  21. ^ Lkw-Ortung und Sendungssuche zusammenbringen (in German)
  22. ^ Frachtenbörse im Zeichen von Industrie 4.0 (in German)
  23. ^ About us
  24. ^ TRANSPORT BAROMETER
  25. ^ TIMOCOM transport barometer: Germany weakens, Italy is the exception
  26. ^ Timocom Transportbarometer Konjunkturabkühlung prognostiziert (in German)
  27. ^ Brexit and Higher Tolls Affecting European Truck Transports, Says Timocom
  28. ^ About us
  29. ^ Timocom in Erkrath verdoppelt Mitarbeiterzahl (in German)
  30. ^ Dieser Spediteur treibt die Digitalisierung des Mittelstands voran (in German)
  31. ^ Dieser Spediteur treibt die Digitalisierung des Mittelstands voran (in German)

External links[edit]

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