MONTREAL, May 25, 2021 /PRNewswire/ -- Tecsys Inc.
(TSX: TCS), an industry-leading supply chain management and
omnichannel commerce software company, is pleased to announce that
it was recognized as a Representative Vendor in 2021 Gartner Market
Guide for Retail Store Inventory Management
Applications1 (Gartner subscription required).
Tecsys is one of 13 store inventory management (SIM) vendors named
in the report.
According to Gartner, "Store inventory is at the heart of
ongoing pandemic-induced retail digital acceleration in unified
commerce execution." Yet historically, as Gartner explains,
"Historically, many retailers have relied on their legacy
solutions, often homegrown, for SIM processes. The adoption of
third-party solutions offering "WMS-like" functionalities is also
common, with simplicity of operations being the key driver.
However, in many cases, these applications do not possess the full
range of capabilities offered by external SIM solution providers on
the market, thereby exposing retailers' inadequacy to meet changing
consumer demand in an agile manner."1
"For Tier 1 unified commerce retailers, store inventory
management (SIM) refers to the efficient and effective management
of stock across all in-store processes down to SKU/item-level
granularity," according to Gartner.1
Tecsys' order management system, Omni™ OMS, empowers retailers
and brands to execute advanced retail store inventory
functionality, enabling in-store pick and pack workflows that
streamline the fulfillment process and deliver speed, efficiency
and cost savings. Globally tested and proven, Omni™ OMS delivers a
robust and intelligent order-to-fulfillment process that includes
dynamic micro-fulfillment to help retailers meet new consumer
expectations while providing end-to-end connectivity across the
entire supply chain operation.
"To meet shoppers where they are today as digital consumers,
retailers need to expand and master their fulfillment execution
strategy," says Peter Brereton,
president and CEO of Tecsys. "Whereas e-commerce gateways and POS
systems are widely commoditized, order management is still the wild
west. Retailers are well-positioned to differentiate with
capabilities like virtualization of inventory, 3PL integration,
order consolidation, BOPIS, BOPAC and other fulfillment vehicles,
and we are delighted to bring those functionalities to them to
drive competitive advantage. We believe that our inclusion as a
Representative Vendor in this Gartner's Market Guide for Retail
Store Inventory Management is testament to our ability to equip
retailers with these critical unified commerce competencies."
Click here to view the Market Guide for Retail Store
Inventory Management Applications (Gartner subscription
required).
1 Gartner, "Market Guide for Retail
Store Inventory Management Applications," by Sandeep Unni, 3 May
2021.
Gartner Disclaimer
Gartner does not endorse any
vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors
with the highest ratings or other designation. Gartner research
publications consist of the opinions of Gartner's research
organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Tecsys
Tecsys is a global provider of supply
chain solutions that equip the borderless enterprise for growth.
Organizations thrive when they have the software, technology and
expertise to drive operational greatness and deliver on their brand
promise. Spanning healthcare, retail, service parts, third-party
logistics, and general wholesale high-volume distribution
industries, Tecsys delivers dynamic and powerful solutions for
warehouse management, distribution and transportation management,
supply management at point of use, retail order management, as well
as complete financial management and analytics solutions. Tecsys'
shares are listed on the Toronto Stock Exchange under the ticker
symbol TCS. For more information on Tecsys,
visit www.tecsys.com.
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SOURCE Tecsys Inc.
