ToolsGroup Named a Notable Vendor in the Gartner® Midmarket Context: Magic Quadrant™ for Supply Chain Planning Solutions
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023).
According to Gartner, “The SCP solution software market that supports midmarket enterprises consists of solutions that are cost-effective, user-focused and fast to deploy. The vendors included in this report all met the criteria of earning 60% or more of their 2021 revenue from midmarket enterprises with 100 to 999 employees or $50 million to $3 billion in revenue.”
ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. ToolsGroup helps customers outperform the competition, thanks to four major differentiators:
- A dynamic data unification platform that enables end-to-end supply chain visibility and digital supply chain twins for more strategic planning
- Probabilistic demand and supply planning that prepares supply chain teams for uncertainty and disruption in order to ensure continued customer satisfaction
- AI-powered demand planning and automated inventory optimization for improved planner productivity and efficiency
- A powerful multi-echelon inventory optimization model designed specifically for complex supply networks for reduced inventory and greater profitability
Thanks to these capabilities, ToolsGroup customers experience a 20-30% reduction in inventory while achieving 99+% product availability.
“We’re excited to be recognized by Gartner,” said ToolsGroup CEO, Inna Kuznetsova. “Supply chain leaders recognize the importance of automation and usability when skilled resources are scarce, as well as the business resilience linked to our unique probabilistic planning approach. ToolsGroup helps supply chain teams make better, faster decisions and provides the power to pivot and adapt successfully to disruptions and volatility.”
Learn more about ToolsGroup’s award-winning, customer-centric supply chain planning solutions HERE.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.
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.
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.