Tecsys has been recognized in this research twelve
consecutive times.
MONTREAL, June 20,
2023 /PRNewswire/ -- Tecsys Inc. (TSX:
TCS), an industry leader in supply chain management software, is
proud to announce its position as a Challenger in the 2023 Gartner
Magic Quadrant for Warehouse Management Systems (WMS). This
evaluation marks the twelfth consecutive time that Tecsys' Elite™
WMS has been recognized by Gartner. Tecsys' "Ability to
Execute" and "Completeness of Vision" are the reasons why it was
named a Challenger in the Gartner Magic Quadrant.
"WMS offerings continue to differ in areas such as usability,
adaptability, decision support, scalability both up and down
market, use of emerging technologies and life cycle cost," Gartner
states in the report. "Furthermore, customers increasingly
favor suites that can support end-to-end supply chain and logistics
process orchestration." 1
"We feel it is an honor to be recognized once again as a
Challenger in the Gartner Magic Quadrant," says Peter Brereton, president and CEO of Tecsys. "We
believe this achievement is a reflection of our dedication to our
industry. We place great emphasis on building technology solutions
that are designed to solve real-world supply chain challenges."
Elite™ WMS is part of Tecsys' broader suite of solutions built
on a digitally enabled, integrated platform designed to simplify
complex supply chain operations. This no code/low code
platform features extensible architecture and
user-configurable rules to provide a high degree of system
adaptability that accommodates unique operational requirements and
enables vendor-agnostic automation. Inclusive of Distribution ERP,
Warehouse Management, Transportation Management, Delivery
Management, Pharmacy Inventory Management, Point of Use, and
Analytics solutions, the Elite™ portfolio is designed to equip
businesses with the technology and expertise needed to seamlessly
execute operations, automate processes, and significantly enhance
service levels to customers.
Tecsys takes great pride in its end-to-end value proposition to
the healthcare market, in which Elite™ WMS and the Elite™
Healthcare platform serve as unifying technologies. The company has
been evolving its product portfolio for this sector for over a
decade, most recently announcing new hospital receiving
functionality, thereby integrating supply chain operations from the
receiving dock to the point of care. This portfolio is designed to
accommodate a full range of healthcare supply chain workflows,
including nursing and perioperative operations, pharmacy and
med/surg distribution, outpatient inventory management and more.
This, coupled with Tecsys' adherence to the Drug Supply Chain
Security Act (DSCSA) and 340B
programs, widens the capabilities gap between Tecsys' Elite™
Healthcare platform and other point solutions on the market.
Further, Tecsys' strategic industry partnerships make it
easier than ever for health systems to tackle their end-to-end
supply chain challenges. Through investment and innovation, Tecsys
solutions are playing a pivotal role in the transformation and
revitalization of the U.S. healthcare supply
chain industry.
"We are excited about the future and the opportunity to continue
providing innovative supply chain management solutions to our
customers," adds Brereton. "Our unwavering commitment is to stay at
the forefront of this industry, and we will continue to invest in
our platform to ensure that it remains a top choice for businesses
seeking to optimize their supply chain operations."
1 Gartner, "Magic Quadrant for Warehouse
Management Systems," Simon Tunstall,
Dwight Klappich, Rishabh Narang, Federica
Stufano, May 8, 2023.
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Inc. and/or its affiliates in the U.S. and internationally, and
MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or
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depicted in its research publications, and does not advise
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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
Since our founding 40 years ago, much has changed in the realm
of supply chain technology. But one thing has remained constant; by
developing dynamic and innovative supply chain solutions, Tecsys
has been equipping organizations for growth and competitive
advantage. Serving healthcare, distribution and converging commerce
industries, and spanning multiple complex, regulated and
high-volume markets, Tecsys delivers 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.
