MOUNTAIN VIEW, CALIFORNIA, July 2, 2014 — Based on its recent analysis of the warehouse management software (WMS) market, Frost & Sullivan recognizes TECSYS with the 2014 North America Frost & Sullivan Award for Technology Innovation Leadership for enabling new levels of productivity, efficiency, cost-savings, and user-friendliness.
TECSYS’s visual logistics technology allows users to perform sophisticated tasks in the supply chain market without any delays, a feat that is not possible with competing WMS technologies that are mainly text based and applicable only for a specific function. The TECSYS WMS is developed on a complete supply chain execution platform that allows the merging of information obtained from various application segments and databases into a single query. It is also the only solution in the market that allows users to adapt and personalize the WMS according to their specific and ever-evolving needs.
"Such robust features and initiatives have put TECSYS’s WMS technology in a strong position to meet the needs of a new generation of visually driven computer users, who demand ease of use, have high expectations, and are intolerant to inefficiency," said Frost & Sullivan Research Analyst Jithendranath Rabindranath. "In fact, the company’s visual logistics technology can now be seen as the new paradigm for attracting and retaining employees."
To design and develop its novel WMS solution, TECSYS adopted the S-Coordinates Rutgers University Model (SCRUM) management process, which required the company to work closely with end users, ensuring that each sequential development was made using the knowledge gleaned from earlier development efforts. It also breaks down the WMS solution developmental process into smaller steps, significantly reducing the cost associated with restarting the process should there be a setback."
The value additions resulting from this intensive developmental process have been instrumental in helping TECSYS’s WMS solution succeed. Another unique internal strategy that has worked for the company is the fostering of creativity among employees. Candidates with certain skills are placed in positions where their creativity is best utilized—a creative drive that other industry participants lack. Evidence of the company’s success can be found in the glowing feedback received from its healthcare customers and widespread acceptance among businesses dealing with high-cost products and experiencing shipping errors or delays.
"The immense flexibility of the company’s WMS technology will drive adoption rates among participants in the healthcare sector and enable penetration into diverse market sectors, including automotive and retail," noted Jithendranath. "It is an ideal solution for businesses with high-volume distribution and traceability requirements for complex and customer-specific products."
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend toward innovation, its relevance to the industry and the positive impact on brand perception.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
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TECSYS provides transformative supply chain solutions that equip our customers to succeed in a rapidly-changing omni-channel world. TECSYS solutions are built on a true enterprise supply chain platform, and include warehouse management, distribution and transportation management, supply management at point-of-use, as well as complete financial management and analytics solutions. Customers running on TECSYS' Supply Chain Platform are confident knowing they can execute, day in and day out, regardless of business fluctuations or changes in technology, they can adapt and scale to any business need or size, and they can expand and collaborate with customers, suppliers and partners as one borderless enterprise. From demand planning to demand fulfillment, TECSYS puts power into the hands of both front line workers and back office planners, and unshackles business leaders so they can see and manage their supply chains like never before.