QAD Precision Listed as a Representative Vendor in the 2021 Gartner Market Guide for Global Trade Management
21 April 2021 - 10:05PM
Business Wire
The Company was recognized as a Representative
Vendor in the 2021 report
QAD Precision, a leading provider of global trade management and
transportation execution solutions, today announced that it has
been identified as a Representative Vendor in the 2021 Gartner
Market Guide for Global Trade Management (GTM) report. QAD
Precision is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ:
QADB).
The report notes that “Supply chain technology leaders
responsible for technology and solutions for global trade should:
Prioritize GTM providers in the overall context of your supply
chain technology strategy, architecture and portfolio by
determining how their solutions integrate with other technologies
and applications used across logistics and other functions.” 1
“The market has shown that international transportation and
global trade management go hand in hand. At QAD Precision, we
enable our customers to automate the efficient movement of goods
and simplify global trade on a single solution,” said Corey Rhodes,
President of QAD Precision. “We believe that being named by Gartner
as a Representative Vendor for Global Trade Management underscores
the value our customers unlock by integrating GTM with their
shipping operations.”
1 Gartner, “Market Guide for Global Trade Management,” Oscar
Sanchez Duran, 2 March 2021.
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted
in our research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About QAD Precision – Trusted Global Trade and Transportation
Execution
QAD Precision, a division of QAD Inc., provides industry-leading
global trade compliance, and multi carrier transportation execution
solutions from a single, integrated platform. An ISO-certified
company, QAD Precision assists companies to streamline their
import, export and transportation operations, optimize deliveries,
and increase logistics ROI. QAD Precision’s scalable and extensible
solution easily integrates with existing ERP and WMS solutions.
Industry leaders in every region of the world rely on QAD
Precision’s global support centers to leverage thousands of carrier
services and manage millions of global trade and shipping
transactions every day. For more information about QAD Precision,
visit www.qadprecision.com.
About QAD – Enabling the Adaptive Manufacturing
Enterprise
QAD Inc. is a leading provider of adaptive, cloud-based
enterprise software and services for global manufacturing
companies. Global manufacturers face ever-increasing disruption
caused by technology-driven innovation and changing consumer
preferences. In order to survive and thrive, manufacturers must be
able to innovate and change business models at unprecedented rates
of speed. QAD calls these companies Adaptive Manufacturing
Enterprises. QAD solutions help customers in the automotive, life
sciences, consumer products, food and beverage, high tech and
industrial manufacturing industries rapidly adapt to change and
innovate for competitive advantage.
Founded in 1979 and headquartered in Santa Barbara, California,
QAD has 30 offices globally. Over 2,000 manufacturing companies
have deployed QAD solutions, including enterprise resource planning
(ERP), digital supply chain planning (DSCP), global trade and
transportation execution (GTTE), quality management system (QMS)
and strategic sourcing and supplier management, to become an
Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com
or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook,
Instagram and Pinterest.
"QAD" is a registered trademark of QAD Inc. All other products
or company names herein may be trademarks of their respective
owners.
Note to Investors: This press release contains certain
forward-looking statements made under the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding projections of revenue,
income and loss, capital expenditures, plans and objectives of
management regarding the company's business, future economic
performance or any of the assumptions underlying or relating to any
of the foregoing. Forward-looking statements are based on the
company's current expectations. Words such as "expects,"
"believes," "anticipates," "could," "will likely result,"
"estimates," "intends," "may," "projects," "should," "would,"
"might," "plan" and variations of these words and similar
expressions are intended to identify these forward-looking
statements. A number of risks and uncertainties could cause actual
results to differ materially from those in the forward-looking
statements. These risks include, but are not limited to: risks
associated with the COVID-19 (novel coronavirus) pandemic or other
catastrophic events that may harm our business; adverse economic,
market or geo-political conditions that may disrupt our business;
our cloud service offerings, such as defects and disruptions in our
services, our ability to properly manage our cloud service
offerings, our reliance on third-party hosting and other service
providers, and our exposure to liability and loss from security
breaches; demand for the company's products, including cloud
service, licenses, services and maintenance; pressure to make
concessions on our pricing and changes in our pricing models;
protection of our intellectual property; dependence on third-party
suppliers and other third-party relationships, such as sales,
services and marketing channels; changes in our revenue, earnings,
operating expenses and margins; the reliability of our financial
forecasts and estimates of the costs and benefits of transactions;
the ability to leverage changes in technology; defects in our
software products and services; third-party opinions about the
company; competition in our industry; the ability to recruit and
retain key personnel; delays in sales; timely and effective
integration of newly acquired businesses; economic conditions in
our vertical markets and worldwide; exchange rate fluctuations; and
the global political environment. For a more detailed description
of the risk factors associated with the company and factors that
may affect our forward-looking statements, please refer to the
company's latest Annual Report on Form 10-K and, in particular, the
section entitled "Risk Factors" therein, and in other periodic
reports the company files with the Securities and Exchange
Commission thereafter. Management does not undertake to update
these forward-looking statements except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210421005115/en/
QAD Inc. Scott Matulis Public Relations 818-451-8918
publicrelations@qad.com or Evan Quinn Analyst Relations
617-869-7335 industryanalyst@qad.com
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