ToolsGroup Named a Leader in the SPARK Matrix for Retail Assortment and Management Applications by Quadrant Knowledge Solutions
BOSTON – January 9, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS).
The Quadrant Knowledge Solutions SPARK Matrix: Retail Assortment and Management Applications, Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Retail Assortment and Management Application (RA&MA) vendors in the form of its SPARK Matrix. It gives users strategic information to evaluate vendor capabilities, competitive differentiation, and market position.
This is the fourth consecutive SPARK Matrix in which ToolsGroup has been featured. The company was named a technology leader in Intelligent Retail Pricing & Promotion Optimization and Global Supply Chain Inventory Optimization. It also achieved the primary leadership position in the Retail Forecasting and Replenishment matrix.
According to Sahil Gupta, Chief Product Officer at ToolsGroup, “ToolsGroup’s JustEnough solution has long been recognized as a leader in retail planning and execution. These powerful capabilities have now been enhanced with EvoAI, which enables quantum analytics and advanced optimization. Armed with artificial intelligence, goal-based optimization and low-latency data, retailers can sense, predict, and respond to minute but crucial market changes, allowing for optimal real-time decisions that boost revenue while satisfying customer expectations.”
“We’re excited to be leading the charge in the application of AI in the retail planning space, and we’re proud to be recognized for these efforts,” said ToolsGroup CEO, Inna Kuznetsova. “Our greatest satisfaction, however, comes from working alongside our customers to achieve real-world benefits with these innovations. With responsive AI and real-time insights, we’re building the future of supply chain and retail planning – one typified by customer-centric processes that reduce waste for better business performance and greater sustainability.”
- Meet us at NRF Booth #3948 and learn why JustEnough keeps getting named a leader! Book a meeting to learn more about the latest advancements in retail planning HERE.
- See the list of industry accolades awarded to ToolsGroup by customers and analysts HERE.
- Download the SPARK Matrix for Retail Forecasting and Replenishment report HERE.
ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com.