Frost & Sullivan Commends PINC Solutions for Being an Innovator in the Global RTLS Market for the Yard Management Industry

Based on its recent analysis of the real-time location system (RTLS) market in the yard management industry, Frost & Sullivan recognizes PINC Solutions with the 2015 North American Frost & Sullivan Award for Customer Value Leadership. PINC Solutions has leveraged a decade of experience in the RTLS market to pioneer cost-effective RLTS using low-cost, passive radio frequency identification (RFID) technology. As it is a cloud-based platform, PINC Solutions' advanced yard management system (YMS) gathers data in real-time from an extensive range of global positioning system (GPS) and RFID sensor networks, all of which are aggregated in the enterprise visibility suite. Deploying such a system enables the logistics department to optimize supply chain processes from one dock-door to another. The YMS, in effect, improves visibility as well as yard efficiency and lowers costs without compromising customer service.

PINC Solutions' advanced YMS allows suppliers, carriers and shippers to do away with the manual processes of yard checks by continuously tracking yard assets. It delivers best-in-class services and makes all the information accessible on a user-friendly, web-based interface.

"Mindful of the need to maximize return on investment (ROI) for its clients, PINC's Solution ensures that its YMS requires relatively low capital investments," said Frost & Sullivan Senior Research Analyst Nandini Bhattacharya. "Built with modular components and enterprise reporting tools, this yard manager presents a host of unique advantages over first-generation solutions. Besides, it maintains electronic communication with truck drivers to increase their productivity."

The company makes frequent upgrades to its solution delivery. For instance, in November 2014, PINC Solutions announced the launch of their innovative new sensor platform - PINC Air, an auto-piloted supply chain drone. This latest solution addresses a number of logistical challenges and helps end users manage their inventory with high levels of precision. The ability to monitor a large area without any assistance enables users locate the inventory with ease. Such value additions in its product line have earned the company considerable customer appreciation.

PINC Solutions' portfolio of services includes shipment analysis, real-time visibility and overall process improvement across locations. Unsurprisingly, it covers diverse end-user segments, from manufacturers, retailers, distributors and carriers to third-party logistics (3PL) organizations. Its clientele boasts market majors such as Kimberly-Clark, Universal Truck Load Services, Daimler Trucks North America, and Supervalu in the manufacturing, retail and Logistics sectors.

"Aiming to augment its overall operational efficiency, PINC Solutions has focused on creating a sturdy network of partners," observed Nandini Bhattacharya. "It has signed strategic alliances with systems integrators, resellers and 3PLs, and the synergies with these companies ultimately allow end users to accrue cost savings."

Furthermore, the ability to schedule tasks for each resource increases the productivity quotient, and consequently, facility utilization. PINC Solutions' in-house development staff makes the company's solutions more responsive to customization. Such comprehensive performance management places PINC Solutions far ahead of the competition and makes it a worthy recipient of the 2015 North American Frost & Sullivan Award for Customer Value Leadership.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on increasing the return on the investment that customers make in its services or products. The award recognizes the company's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and, ultimately, customer base expansion.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.