MONTREAL, April 2,
2024 /PRNewswire/ -- Tecsys Inc. (TSX: TCS), a global
leader in supply chain management solutions, has been positioned in
the Major Players Category in the IDC MarketScape: Worldwide
Warehouse Management 2024 Vendor Assessment (Doc #US49948523,
March 2024). This inaugural IDC
MarketScape assessment evaluates ten WMS vendors, positioning them
in one of four categories based on their strategies and
capabilities.
"We're inspired to continue pushing the
boundaries of what's possible in supply chain management."
Elite™ WMS is a cornerstone 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-driven configurability, ensuring a high degree of system
adaptability that accommodates unique business requirements
and vendor-agnostic automation.
"Supply chains aren't just physical anymore, they're also
digital and there is no one-way approach to inventory management,"
according to Roderick Gaines,
research director of Warehousing, Inventory, and Order Management
at IDC. "As companies shift to a digital transformation supply
chain, AI will have a significant impact as companies look for ways
to improve inventory accuracy while mitigating risk. The ability to
track inventory in real time with cloud-based applications will
give companies the advantage over companies that choose to remain
with stand-alone software."
Tecsys' solutions help organizations simplify the end-to-end
movement of products throughout the supply chain from initial
receipt to final consumption. Whether navigating stringent
healthcare regulations like Baptist Health, or orchestrating
sophisticated distribution activities like Accuristix, Tecsys
customers are able to configure system-driven processes to serve
their business needs and grow their operations. From retail,
warehouse, transportation and point of use management to business
intelligence and analytics, forecasting and demand planning, Tecsys
solutions generate process efficiency, inventory control and
regulatory compliance.
"In recognition of our position as a Major Player in the IDC MarketScape for
Worldwide Warehouse Management, we're inspired to continue pushing
the boundaries of what's possible in supply chain management,"
remarked Peter Brereton, president
and CEO of Tecsys. "Our platform's adaptability, underpinned by
decades of domain expertise and innovation, enables us to meet our
customers' evolving needs with precision. We remain committed to
helping our customers reach new heights in supply chain efficiency
and effectiveness."
For more information about Tecsys solutions, please visit:
https://www.tecsys.com/.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor's position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
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, and 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.
Copyright © Tecsys Inc. 2024. All names, trademarks, products,
and services mentioned are registered or unregistered trademarks of
their respective owners.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/tecsys-named-a-major-player-in-the-2024-idc-marketscape-for-worldwide-warehouse-management-302105126.html
SOURCE Tecsys Inc.
