TradeBeyond recognized in Gartner’s QMS Market Guide

For the second consecutive year, TradeBeyond has been recognized as a Representative Vendor in Gartner’s Market Guide for Quality Management System (QMS) Software.

This industry recognition is significant, given the growing importance of QMS software across retail. Gartner’s 2024 market guide highlights a surging demand for QMS solutions that has been driven by regulatory pressures, increasing scrutiny of environmental and social compliance, and the need to mitigate risks in a rapidly evolving market. Gartner’s report also sheds light on key trends shaping the QMS software landscape. The report emphasizes that companies across industries—ranging from pharmaceuticals to automotive, food production, and retail—are recognizing the value of QMS platforms in streamlining compliance, improving product quality, and safeguarding their brands from the risks of non-compliance. Regulatory standards, particularly those concerning social and environmental sustainability, are becoming more stringent, pushing companies to adopt QMS solutions that help them navigate complex supply chains while ensuring ethical sourcing and sustainable practices.

Harnessing AI for more sophisticated quality management

A key takeaway from the report is the growing integration of advanced technologies into QMS platforms. Artificial intelligence (AI), machine learning, and the Internet of Things are becoming indispensable tools in managing quality control, predictive maintenance, and real-time risk assessment. The ability to detect potential quality issues before they escalate, through real-time data analysis, is highlighted as a crucial development in modern QMS software. This trend is reshaping how companies approach not only quality management but also governance, risk, and compliance on a broader scale.

TradeBeyond’s inclusion in this guide reinforces our commitment to addressing these industry-wide challenges. Over the past year, we’ve enhanced our capabilities in quality management and compliance, responding directly to the market's evolving needs. In particular, our acquisition of Pivot88, a leader in quality, compliance, and traceability solutions, has brought new depth to our offerings.

Pivot88’s platform has revolutionized how businesses approach quality management through innovative features like its AI-powered PO Line Risk Rating. This tool analyzes hundreds of historical data points to provide predictive insights, allowing companies to identify and mitigate potential quality failures with unprecedented accuracy. By optimizing resource allocation and reducing the likelihood of inspection failures, Pivot88’s AI helps businesses ensure that every product meets the highest standards of quality.

This solution complements TradeBeyond’s other recognized offering, the CBX Quality Management system, which is featured in Gartner’s market guide. Together, these solutions provide a comprehensive suite of quality management tools that cater to the needs of today’s increasingly complex supply chains. CBX’s highly customizable Quality Management system offers a robust framework for retailers to manage quality assurance across product development and sourcing, ensuring consistent product standards.

As Gartner’s market guide notes, the growing importance of QMS software extends beyond managing quality control to encompass a broader approach to governance, risk, and compliance. TradeBeyond provides retail businesses with the tools to monitor their suppliers, track compliance with complex regulations, and ensure that their products are sourced and produced responsibly. This level of integration is increasingly essential as both consumers and regulators demand higher standards of accountability.

TradeBeyond’s multi-enterprise platform offers businesses a complete solution for managing their supply chains, from product development to final delivery. Our leadership in supply chain innovation was further recognized by the 2024 Supply Chain Digital Executive (SCDE) Award, which honored our work streamlining Party City’s supply chain operations.

Being named a Representative Vendor in Gartner’s Market Guide for Quality Management System (QMS) Software for the second year in a row is a powerful endorsement of our ongoing efforts to innovate and lead in retail supply chain management. As we continue to enhance our platform and expand its capabilities, we remain committed to helping our customers build more efficient supply chains that are equipped to meet the challenges of the future.