QAD Precision Chosen as a Top 100 Logistics IT Provider by Inbound Logistics
April 26 2021 - 7:08AM
Business Wire
QAD Precision, a division of QAD Inc. (NASDAQ: QADA) (NASDAQ:
QADB), today announced it has been recognized by Inbound Logistics
as a Top 100 Logistics IT Provider for 2021.
Every year, Inbound Logistics editors recognize 100 logistics IT
companies that support and enable logistics excellence. Drawn from
more than 400 companies using questionnaires, personal interviews
and other research, Inbound Logistics selects the Top 100 Logistics
IT Providers for each year. Editors seek to match readers'
fast-changing needs to the capabilities of those companies
selected. All companies selected reflect leadership by meeting
Inbound Logistics readers' needs for scalability, simplicity, fast
ROI and ease of implementation.
“Inbound Logistics is proud to honor QAD Precision for
innovative solutions empowering logistics, trade and transportation
excellence in 2021,” said Felecia Stratton, Editor, Inbound
Logistics. “The importance of supply chain and logistics technology
solutions has been brought to the forefront for many companies as a
result of recent business disruptions. Our audience continues to
rely on technology solutions to drive efficiencies, provide
visibility and hone execution. The editorial selection team had
their work cut out for them, ultimately selecting only 100
technology solutions leaders from the 400+ candidates.”
“We are very pleased to have been recognized once again by
Inbound Logistics as a Top 100 Logistics IT Provider,” said Corey
Rhodes, President of QAD Precision. “Our end-to-end integrated
global trade and transportation solution includes import, export,
foreign-trade zone and global logistics solutions to help large and
complex companies simplify global trade processes, reduce their tax
burden, and increase logistics ROI.”
The Top 100 Logistics IT Providers list appears in the April
2021 magazine edition and will be posted online at
www.inboundlogistics.com by the end of April.
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 Inbound Logistics
Since its inception in 1981, Inbound Logistics' educational
mission is to illustrate the benefits of demand-driven logistics
practices, give companies the knowledge to help them match the
inbound flow of materials to their demand, and align their business
process to support that shift. Inbound Logistics offers real-world
examples and decision support to guide businesses to efficiently
manage logistics, reduce and speed inventory, and offset rising
transport costs, supporting business scalability across their value
chain. More information about demand-driven logistics practices is
available at www.inboundlogistics.com.
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/20210426005134/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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