Five CAT Dealers Select TECSYS' Service Parts Logistics Solutions — Company's Market Share Soars to Over 29%
MONTREAL, January 14, 2013—TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company, announced today that during the last fourteen months five CAT dealers have selected TECSYS' service parts logistics solutions to modernize their technology in an effort to move away from labor-intensive and costly logistics processes, improve productivity and visibility to better service their clients across their territories.
"We are committed to the success of our clients. Our commitment goes as far as ensuring that 99% of our service parts are available for delivery the next morning, and that we provide the best over-the-counter service in our industry. After a comprehensive review of several warehouse management solutions, we have come to the conclusion that TECSYS is the undisputed standard for service parts operations in our industry. With TECSYS we will undoubtedly be able to deliver on our commitments, at the same time significantly improve efficiency in our service parts operations to further enhance service to our clients at the highest standard," stated a Corporate Parts Warehouse Manager at a major CAT dealer.
With the addition of the five CAT dealers; one in Canada, three in the U.S. and one in South America, TECSYS' market share soars to over 29% of North American dealers, solidifying the Company's position as the number one supplier of logistics solutions for service parts operations in this industry.
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, as well as complete financial management and analytics. 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 needs 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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