Error message

There was an error processing your request.

Tecsys Named a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Tecsys Named a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management

Canada NewsWire

MONTREAL, May 25, 2021 /CNW/ -- 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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tecsys-named-a-representative-vendor-in-2021-gartner-market-guide-for-retail-store-inventory-management-301297883.html

SOURCE Tecsys Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2021/25/c2180.html

Copyright CNW Group 2021

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).