Business
Tecsys Innovation Lab(TM) to Unlock Customer Value Through Emerging Supply Chain Technologies
Tecsys Innovation Lab™ to Unlock Customer Value Through Emerging Supply Chain Technologies...
About this update from Tecsys Inc.
[{"type":"text","content":"\n \n \n \n Tecsys Innovation Lab™ to Unlock Customer Value Through Emerging Supply Chain Technologies\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n SCOTTSDALE, Ariz.\n \n \n ,\n \n \n Sept. 18, 2023\n \n \n /CNW/ --\n \n \n Tecsys Inc\n \n \n . (TSX: TCS), an industry leader in supply chain management software, today announced the launch of the Tecsys Innovation Lab™, designed to harness the practical potential of state-of-the-art technologies in service of its hundreds of supply chain customers worldwide. The announcement, made at the company's 2023 user conference, underscores Tecsys' more than 40-year commitment to innovating with customers and partners to solve complex supply chain problems and deliver competitive value.\n \n \n \n \n \n \n \n \n \n The Tecsys Innovation Lab™, a research-driven group within Tecsys' Product and Technology Team, is committed to evaluating cutting-edge technologies to address intricate supply chain challenges. The Lab will harness an array of advanced technologies including, but not limited to:\n \n \n \n \n Artificial Intelligence, Machine Learning and Generative AI\n \n to expose hidden inefficiencies and accelerate informed decision-making.\n \n \n \n Data Science\n \n to explore, analyze and visualize business data utilizing metaheuristic algorithms with a focus on supply chain optimization.\n \n \n \n Process modeling and simulation\n \n to build digital twins and conduct what-if analyses on demand, inventory and transportation.\n \n \n \n Advanced search and data methodologies\n \n to detect and diagnose complex supply chain product and process interdependencies.\n \n \n \n \"With R&D investment representing more than 15% of Tecsys' annual revenue, investment in innovation is deeply ingrained in the company's DNA,\" said\n \n Martin Schryburt\n \n , senior vice president of Product and Technology. \"The establishment of the Tecsys Innovation Lab™ reflects our commitment to not only setting the standard in the world of supply chain management but con...