Six ORTEC Customers Recognized in the Gartner Supply Chain Top 25 for 2014 Report
Atlanta, GA (PRWEB) June 29, 2014 -- Company rankings are based on financial performance as measured by inventory turns, return on assets, and revenue growth, in combination with input from analysts.
“2014 marks the 10th year of our annual Supply Chain Top 25 ranking," wrote Stan Aronow, research vice president at Gartner. "In celebration of this milestone, we have several longtime leaders with new lessons to share and a number of more recent entrants from the high-tech, consumer product and industrial sectors.”
"A fourth of the companies listed in this year's Top 25 are clients. We believe our Predictive Commerce Platform is helping them respond effectively and efficiently to ever changing market demand," said Jeff Wilson, President of ORTEC North America. "These clients are proving that it's possible to deliver consistent growth and reduce supply chain costs at the same time - even in a sluggish economy. This is an impressive achievement, and we're pleased and feel that Gartner recognizes it."
Understanding and Supporting the Fully Contextualized Customer
An enduring trait of leading companies is that customer needs and behaviors serve as the starting point for go-to-market and operational support strategies. The best of them present simple, elegant solutions to their customers, driven by conscious supply chain orchestration behind the curtain. Their center-led cultures enable consistently high-quality customer experiences tailored, where important, to local tastes.
Supply chain leaders are expanding this demand-driven concept in terms of how they relate to their customers. It is about understanding customers in a deeper way and blending seamlessly into their daily routines. Ultimately, a deeper understanding of customers in their local environments is helping supply chain leaders capture more revenue for their businesses and improve operational effectiveness.
A Convergence of Digital and Physical Supply Chains Delivering Total Customer Solutions
Leading companies have moved past selling only discrete products or services to their customers and are now focused on delivering solutions. Regardless of industry, these companies want their customers to be loyal subscribers to their solutions. Several of the leading consumer product companies on this year's list are offering e-commerce subscriptions for their products, in partnership with retailers, to create a seamless multichannel experience. This approach offers convenience and privacy to end customers that would normally buy these products in a physical store and might switch to another consumer brand during any given store shopping visit.
The more progressive industrial companies have suggested order replenishment systems with their dealer networks, based on a superior ability of the manufacturer to forecast demand for their dealer. Some have gone further and are now acting as virtual consultants to their customers' planning organizations. They recognize that helping improve customers' internal capabilities is part of a total solution, making them more competitive suppliers.
About ORTEC
ORTEC is a leading provider of advanced analytics and predictive commerce solutions. Our team specializes in helping companies meet BIG DATA analytics challenges in the areas of fleet routing and dispatch, vehicle and pallet loading, workforce scheduling, demand driven transportation forecasting, dynamic network planning and warehouse control. ORTEC offers both Windows and SAP® certified and embedded solutions in the cloud. ORTEC solutions are also integrated with & complimented by its strong relationships with industry partners in ERP, Mobile/Telematics & S&OP. In addition to having the honor of being named as winner of the 2012 Franz Edelman Award for Operations Research Excellence with TNT Express, ORTEC has recently won awards from Computerworld, Supply Chain Brain, Consumer Goods Technology and GBC Health. ORTEC has over 1,800 customers and 700 employees, worldwide.
About the Gartner Supply Chain Top 25
The Supply Chain Top 25 rankings comprise two main components: financial and opinion. Public financial data gives a view into how companies have performed in the past, while the opinion component provides an eye to potential and reflects future expected leadership, a crucial characteristic. These two components are combined into a total composite score.
Gartner analysts derive a master list of companies from the Fortune Global 500 and the Forbes Global 2000, with a revenue cutoff of $10 billion. Gartner then pares the combined list down to the manufacturing, retail and distribution sectors, thus eliminating certain industries, such as financial services and insurance.
Lucy Flinn, ORTEC, http://www.ortec.com/us, +1 (404) 402-0992, [email protected]
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