ToolsGroup Named Leader in Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

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ToolsGroup, a global leader in retail and supply chain planning software, has been recognized as the technology leader in the SPARK Matrix analysis of Retail Forecasting and Replenishment (RF&R) by Quadrant Knowledge Solutions (QKS). The report, titled Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023, provides a comprehensive analysis of the global market, vendor landscape, and competitive positioning.

According to Avinash Singh, an Analyst at Quadrant Knowledge Solutions, ToolsGroup was named the leader in the SPARK Matrix due to its innovative and comprehensive RF&R solutions, compelling vision, extensive vendor ecosystem, consistent growth, and deep domain experience.

This recognition comes as ToolsGroup recently acquired JustEnough and Evo, further enhancing its capabilities in inventory optimization and artificial intelligence solutions for the retail and supply chain industry. Sahil Gupta, Chief Product Officer at ToolsGroup, highlighted their focus on marketplace trends, customer needs, and the use of AI to provide real-time planning and execution capabilities, enabling organizations to sense and respond to changes in customer demands and automate inventory distribution.

Inna Kuznetsova, CEO of ToolsGroup, expressed delight in being recognized as the leader in retail forecasting and replenishment by QKS. She emphasized ToolsGroup’s dedication to innovation and delivering enhanced business performance to retail organizations worldwide.

About Quadrant Knowledge Solutions, the firm is a global advisory and consulting company that supports clients in achieving business transformation goals through strategic business and growth advisory services. Their research and consulting deliverables provide comprehensive information and insights to help clients formulate growth strategies in dynamic business environments.

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ToolsGroup’s AI-powered solutions empower retailers, distributors, and manufacturers to navigate supply chain uncertainty and make intelligent decisions that lead to improvements in forecast accuracy, service levels, and inventory management. They are dedicated to driving customer satisfaction and achieving financial and environmental, social, and governance (ESG) key performance indicators.

For more information about ToolsGroup’s industry accolades and to access the report, please visit their website.

Contact details:
– MKPR, Meir Kahtan: +1 917-864-0800, mkahtan@rcn.com
– Quadrant Knowledge Solutions, Mr. Ajinkya Ingle: +1 978-605-1066, ajinkya@quadrant-solutions.com

Disclaimer: This article is generated by OpenAI’s language model.

Frequently Asked Questions (FAQs) Related to the Above News

What is ToolsGroup?

ToolsGroup is a global leader in retail and supply chain planning software. They provide innovative and comprehensive solutions in Retail Forecasting and Replenishment (RF&R) using advanced technologies such as artificial intelligence.

Why was ToolsGroup recognized as the technology leader in the SPARK Matrix analysis of Retail Forecasting and Replenishment (RF&R)?

ToolsGroup was named the leader due to its innovative RF&R solutions, compelling vision, extensive vendor ecosystem, consistent growth, and deep domain experience in the retail and supply chain industry.

What recent acquisitions has ToolsGroup made?

ToolsGroup recently acquired JustEnough and Evo, further enhancing their capabilities in inventory optimization and artificial intelligence solutions for the retail and supply chain industry.

How does ToolsGroup use artificial intelligence in their solutions?

ToolsGroup uses AI to provide real-time planning and execution capabilities, enabling organizations to sense and respond to changes in customer demands and automate inventory distribution. This helps improve forecast accuracy, service levels, and inventory management.

Who is the CEO of ToolsGroup?

The CEO of ToolsGroup is Inna Kuznetsova.

What is Quadrant Knowledge Solutions?

Quadrant Knowledge Solutions is a global advisory and consulting company that supports clients in achieving business transformation goals. They provide comprehensive research and consulting services to help clients formulate growth strategies in dynamic business environments.

How can ToolsGroup's solutions benefit retailers, distributors, and manufacturers?

ToolsGroup's AI-powered solutions empower businesses to navigate supply chain uncertainty and make intelligent decisions. These solutions help improve forecast accuracy, service levels, and inventory management, leading to improvements in business performance and customer satisfaction.

Where can I access the report on ToolsGroup's recognition as the technology leader in retail forecasting and replenishment?

You can visit ToolsGroup's website to access the report and learn more about their industry accolades.

How can I contact ToolsGroup for more information?

You can contact ToolsGroup through their website or reach out to Meir Kahtan at MKPR (+1 917-864-0800, mkahtan@rcn.com) or Mr. Ajinkya Ingle at Quadrant Knowledge Solutions (+1 978-605-1066, ajinkya@quadrant-solutions.com) for specific inquiries.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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