Syncron again named a leader
Syncron has been named a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment. In this report, Syncron is again1 positioned as a Leader based on combining AI and probabilistic planning to optimize supply chain performance.
Download the report excerpt to learn:
- A full assessment of Syncron’s solutions
- Qualitative and quantitative criteria used in assessments
- Meaningful comparison of providers and their respective current and future success factors
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Manufacturers in multiple industries may find Syncron intriguing. Spare parts/MRO clients may be interested in Syncron’s efforts at increasing agility and reducing latency in supply chain planning. Syncron’s approach to integrate end-to-end planning is a holistic one. Use of AI “agents” to monitor inventory and demand/supply networks presents an intriguing solution clients may consider for keeping inventory optimized and productive.
Report Highlights
IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment, you will find objective analysis of industry providers that are most representative of any manufacturer’s selection of service parts management solutions. It provides the details you need to make an informed decision for your next supply chain planning solution.
Focus: The report evaluates supply chain planning tools for spare parts and Maintenance, Repair, and Operations (MRO) industries, assessing 12 vendors based on capability and strategy.
Syncron’s Position: Syncron is positioned as a Leader due to its deep expertise in MRO/spare parts planning and end-to-end supply chain optimization solutions.
Strengths:
- Dynamic Replenishment: Advanced tools for flexible and dynamic stock replenishment.
- Probabilistic Forecasting: Uses AI-driven forecasting models tailored to aftermarket demand patterns.
- Inventory Optimization: Multi-echelon inventory management with AI monitoring networks.
- Industry Focus: Syncron’s tools are specifically tailored to aftermarket needs in industries like automotive, aerospace, and manufacturing.
1IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment, Aly Pinder, IDC #US51541424, December 2024
SOURCE: IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment, by Aly Pinder, December 2024, IDC #US51541424
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles.