ToolsGroup Recognized as The Technology Leader in Retail and Supply Chain 2024 SPARK Matrix(TM) Categories by QKS Group
12.11.2024 08:00:00 CET | ACCESS Newswire | Press release
Company earns top ratings for technology excellence and customer impact in the 2024 SPARK Matrix™ for Retail Forecasting and Replenishment and the 2024 SPARK Matrix™ for Global Supply Chain Inventory Optimization
BOSTON, MA / ACCESSWIRE / November 12, 2024 / ToolsGroup, a leading provider of retail and supply chain planning solutions, has been named the technology leader in QKS Group's 2024 SPARK Matrix™ Retail Forecasting and Replenishment and their 2024 SPARK Matrix™ analysis of the Global Supply Chain Inventory Optimization market. QKS Group, a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact.
ToolsGroup was named the leader in the 2024 SPARK Matrix™ for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. Leveraging AI and sophisticated demand sensing, ToolsGroup enables real-time optimization of product, placement, channel, price, and timing, helping businesses maximize revenue, margin and profits.
In addition, ToolsGroup was recognized as the leader in the 2024 SPARK Matrix for Global Supply Chain Inventory Optimization for the third consecutive year for its ability to reduce costs, maximize profitability, and meet customer's strategic business goals. The company's AI-driven technologies-in particular probabilistic forecasting, service-driven inventory optimization, and real-time dynamic data unification-empower organizations to achieve or exceed service level targets while right-sizing inventory.
"ToolsGroup set itself apart as a technology leader by providing customers the data-backed insights they need to meet the current and evolving needs of retailers and supply chain professionals," says Avinash Singh, analyst at QKS Group. "Year-on-year revenue growth, strong enterprise segmentation, a compelling vision & roadmap, and industry-specific capabilities gained ToolsGroup the top spot in our analysis."
The QKS Group SPARK Matrix™ offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning. By providing a competitive analysis and ranking of leading technology vendors, the SPARK Matrix™ delivers strategic insights that help companies assess provider capabilities, differentiate competitively, and understand market positions.
"We are honored to be recognized by QKS as a technology leader in their analysis of the retail and supply chain markets," said Inna Kuznetsova, CEO of ToolsGroup. "Our AI-driven solutions empower business leaders to navigate the unexpected and adapt swiftly to market shifts, enabling them to exceed customer expectations and maximize profitability. ToolsGroup was founded to deliver innovative solutions to supply chain challenges, and that commitment remains at the heart of everything we do."
ToolsGroup is excited to showcase its industry-leading solutions at NRF Retail's Big Show, taking place January 12-14 in New York City. This premier event brings together over 6,200 brands and 45,000 attendees from across the world for three days of learning, collaboration, and discovery. Reserve a time to connect with ToolsGroup at Booth 4043 here.
To view and down either of the QKS Group 2024 SPARK Matrix™ reports, please visit: SPARK MatrixTM Reports: 2024
About QKS Group
QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://qksgroup.com/.
About ToolsGroup
ToolsGroup's innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory - delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, and YouTube, or visit www.toolsgroup.com.
Media Contacts:
QKS Group
Shraddha Roy
PR & Media Relations
shraddha.r@qksgroup.com
ToolsGroup
Escalate PR for ToolsGroup
toolsgroup@escalatepr.com
SOURCE: ToolsGroup
View the original press release on accesswire.com
ToolsGroup
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Surmodics Opens Medical Device Coating Capabilities in Ireland10.9.2026 16:00:00 CEST | Press release
The Galway Facility Brings Nearly 50 Years of Coating Expertise, Cleanroom Coating Services and Analytical Testing Closer to Medical Device Manufacturers Across Ireland and Europe BALLINASLOE, COUNTY GALWAY, IRELAND / ACCESS Newswire / September 10, 2026 / Surmodics, Inc. today announced its expanded medical device coating capabilities in Galway, Ireland, expanding access to the company's Performance Coatings and coating services for medical device manufacturers throughout Ireland and Europe. The facility now includes dedicated cleanroom environments designed for medical device coating services and brings Surmodics' nearly 50 years of coating experience closer to one of the world's leading medical technology hubs. "Ireland is home to a significant concentration of medical device manufacturers and technology innovators, making it an important market for Surmodics and our customers," said Damien Kilcommons, Vice President of Site Operation at the Ireland facility. "By establishing dedica
MicroVision to Preview Next-Generation Lidar-Based Perception Platform at IAA Transportation 202610.9.2026 15:20:00 CEST | Press release
New modular approach will bring together MicroVision lidar hardware, perception software and open sensor integration to enable flexible perception solutions across applications REDMOND, WA AND HANOVER, GER / ACCESS Newswire / September 10, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception technologies, today announced plans to unveil its MicroVision Perception Platform™ at IAA Transportation 2026 in Hanover, Germany next week, marking the next evolution of the company's Lidar 2.0 strategy. The new modular platform is designed to bring together MicroVision's expanding portfolio of lidar hardware, perception software and open sensor integration into a flexible architecture that can be configured around the requirements of individual applications spanning automotive, commercial vehicles, industrial, security, defense and aerial use cases. Rather than relying on a fixed sensor configuration or closed "black box" solution, the MicroVision Perception Platform is being d
GA-ASI Unveils Wildfire UAS for Military, Civil and Commercial Roles10.9.2026 15:00:00 CEST | Press release
New Uncrewed Aircraft Combines Exceptional Endurance and Range with Unsurpassed Payload and Affordability at Scale SAN DIEGO, CA / ACCESS Newswire / September 10, 2026 / The world leader in Uncrewed Aircraft Systems, General Atomics Aeronautical Systems, Inc. (GA-ASI) is pleased to announce its groundbreaking Wildfire UAS, a clean-sheet aircraft designed to maximize future investments in large uncrewed aircraft that incorporates lessons learned over decades of large-scale global UAS operations. Wildfire draws upon more than 30 years of delivering more than 1,600 world-changing uncrewed aircraft, including the MQ-1B Predator®, MQ-9A Reaper®, MQ-9B SkyGuardian®, MQ-20 Avenger® and FQ-42A Collaborative Combat Aircraft. GA-ASI aircraft have amassed nearly 10 million total flight hours, mostly in combat, and introduced many of the technologies and concepts now emulated by others around the world. "This is exactly the right design for high-demand missions and cost-conscious customers," said
Steelcase Names Proven Growth Leader Irene Tasi as President9.9.2026 21:00:00 CEST | Press release
Experienced commercial and innovative leader will guide the Steelcase business as the company builds on its design leadership, dealer network and customer-focused strategy. GRAND RAPIDS, MI / ACCESS Newswire / September 9, 2026 / Steelcase today announced Irene Tasi has been named president of Steelcase and will lead the business effective September 14, 2026. Tasi brings more than 25 years of executive leadership experience with a track record leading complex businesses through growth, portfolio development, commercial execution, and organizational change. Her background includes full P&L responsibility, enterprise strategy, innovation, and sales and channel leadership. She will report to Jeff Lorenger, Chairman, President and Chief Executive Officer, HNI Corporation. "Irene brings a combination of commercial leadership, product innovation, operating discipline, and customer focus that makes her exceptionally well-suited to lead Steelcase," said Lorenger. "She has led businesses where
Global Study: Nursing Shortages Require Workforce Policy Solutions, Not Recruitment Campaigns Alone9.9.2026 15:01:00 CEST | Press release
Why people choose nursing, and why they leave, comes down to the same factors PHILADELPHIA, PA / ACCESS Newswire / September 9, 2026 / The global nursing shortage cannot be solved simply by encouraging more people to enter the profession, according to a new evidence brief from the Global Nursing Workforce Centre (GNWC), a joint initiative of the International Council of Nurses (ICN) and TruMerit®. Drawing on research from 42 countries, the brief, The Attractiveness of Nursing for Prospective and Current Nursing Students, finds that the factors influencing people to choose nursing are often the same ones that determine whether they stay. Working conditions, compensation, professional respect, career development opportunities, workplace experiences, and the ability to provide quality care all shape nursing attractiveness to current nurses as well as potential recruits. The findings suggest that countries seeking to strengthen their nursing workforce must focus not only on recruitment, bu
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom