BOSTON, Jan. 25, 2016 /PRNewswire/ -- ToolsGroup today announced that it was recognized by Gartner, Inc. as a leader in the recently released Magic Quadrant for Supply Chain Planning System of Record (SOR). ToolsGroup this year moves into the "Leaders" quadrant, through significant improvements in both "Vision" and "Execution" from the previous Magic Quadrant.
"We believe moving into the Leader's quadrant of this year's Magic Quadrant for Supply Chain SOR represents a huge milestone for the company," commented Joseph Shamir, CEO, ToolsGroup. "As complex demand and distribution environments become 'the new normal', we've seen considerable traction in recent years for our advanced demand analytics and automation capabilities."
Global manufacturers and retailers such as Absolut Vodka, Carlsberg, Costa Express, Harley Davidson, The NHS (UK) and Wayfair all rely on ToolsGroup to break through supply chain and business performance barriers through highly automated, high frequency, supply chain planning.
According to Gartner methodology, Magic Quadrant Leaders, "Leaders execute well against their current vision and are well positioned for tomorrow." An SCP SOR is a planning platform that enables a company to create, manage, link, align, collaborate and share its planning data across a supply chain — from demand plan creation through the supply-side response, and from detailed operational planning through tactical-level planning.
To view the complete Gartner 2016 Magic Quadrant for Supply Chain SOR, please visit www.gartner.com. Gartner, Magic Quadrant for Supply Chain Planning System of Record, Tim Payne, Amber Salley, 19 January 2016
About The Gartner Magic Quadrant
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 is a global provider of "Powerfully Simple" supply chain planning and demand analytics software. Our customers overcome volatile demand and challenging supply chains to generate accurate forecasts and outstanding customer service levels with less global inventory. ToolsGroup's solutions span key supply chain planning areas such as demand forecasting and collaboration, sales and operations planning (S&OP), demand sensing, promotion forecasting and multi-echelon inventory optimization (MEIO). For more information, visit www.toolsgroup.com or follow us on Twitter @ToolsGroup.