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Nucleus Research Names GAINSystems a Leader in the Inventory Optimization Technology Value Matrix
In its Technology Value Matrix 2016 – Inventory Optimization, Nucleus evaluated the usability and functionality of the most influential inventory optimization (IO) solution in the market. GAINSystems was positioned in the Leader Quadrant again.
Analyst James Cooke determined ranking by the functionality and usability of various IO solutions, with leaders such as GAINSystems offering a high return on investment (ROI). The market for IO solutions continues to change as vendors add more prescriptive analytics for specific inventory attributes and work on improving usability with the addition of visualization, dashboards and notifications for supply chain planners to quickly spot and fix inventory problems..
Nucleus reports that, “This past year GAINSystems took steps to upgrade both the functionality and usability of its tool. It improved its in-memory processing performance to allow more time-phased value as well as iterations to move toward more optimal results with its artificial intelligence algorithms … One distinctive feature of GAINS is its ability to weight the disservice costs such as lost sales, expedited shipments or production downtime versus the inventory carrying costs for holding more buffer stock. Nucleus also found that GAINS solution can generate substantial ROI by improving fill rates as well as reducing inventory.”
Download a complimentary copy of the report for a detailed analysis of inventory optimization trends and the market leading vendors.