TECSYS Granted U.S. Patent, Positioned as a Visionary in Gartner's Magic Quadrant for Warehouse Management Systems
MONTREAL, October 29, 2014 — TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company, announced today that it has been granted Patent No. 8,839,132 from the United States Patent and Trademark Office that covers the method and system for providing visual instructions to warehouse operators. This technology empowers users to become significantly more efficient and accurate at executing their task, while at the same time helping drive increased responsiveness to their customers.
"This patent reaffirms the uniqueness and exclusivity of our technology in the distribution industry," stated Larry Lumsden, Vice President, Products at TECSYS. "Providing users visual and graphical instructions is an integral part of our WMS, a capability that requires no programming and represents a paradigm shift in warehouse management solutions to customers. Workers are able to access critical information to make decisions more quickly, accelerating their workflows, enabling improved customer satisfaction and profitability. This technology has been on the market for nearly four years and its benefits have already been proven. In both healthcare operations and in complex high-volume distribution environments this technology is enabling workers to perform more complex tasks, faster, with more precision and less mental fatigue."
On September 30th, 2014, Gartner, the world's leading information technology research and advisory company, published its Magic Quadrant for Warehouse Management Systems1. For the fourth consecutive year, TECSYS has been positioned in the "Visionaries" quadrant of the Warehouse Management Systems1 Magic Quadrant Report. According to Gartner1, "To be a Visionary, a vendor must have a coherent, compelling and innovative strategy that seeks to deliver a robust and vibrant offering to the market. Visionaries are often thought leaders in one or more WMS solution dimensions (for example, functionality, services, go-to-market or deployment strategies), and they tend to be on the leading edge of some emerging concepts."
1 Gartner "Magic Quadrant for Warehouse Management Systems" by C. Dwight Klappich, 30 September, 2014.
About the Magic Quadrant
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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.
TECSYS is the market leader in supply chain solutions for health systems and hospitals. Over 600 mid-size and Fortune 1000 customers trust their supply chains to TECSYS in the healthcare, service parts, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
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