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ModusLink® Included in Gartner’s 2017 Digital Commerce Market Guide
WALTHAM, Mass.–(BUSINESS WIRE)–Aug. 28, 2017– ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel technology and fulfillment provider, announced today that Gartner, Inc., the leading provider of research and analysis on the global information technology industry, has included the Company in its July 2017 report, The Gartner Digital Commerce Vendor Guide, 2017. ModusLink was identified as a sample vendor in the Warehousing, Logistics and Fulfillment Service Provider category.
According to Gartner, “Third-party warehousing, logistics and fulfillment service providers perform one or more physical logistics functions as a fee-based service on behalf of their digital commerce clients. Their services typically include inventory management; warehousing, distribution and customer order fulfillment; and transportation and shipping management. For digital commerce companies operating globally, they include international logistics management, freight forwarding and customer brokerage. Several logistics service providers also offer extended services, including customer service call center operations, returns and repair processing, assembly and kitting, packaging, postponement, shipment consolidation, and cross-docking.”
As the supply chain and logistics industries move toward a smarter and more connected world, it’s becoming paramount for companies to digitize in order to optimize and grow their business. ModusLink has become a leading fulfillment provider due to its decades of physical supply chain expertise combined with its digital commerce and data offerings that modern retailers and manufacturers require. The Company has invested vigorously in technology and automation, expanding its suite of solutions to help clients manage their end-to-end supply chain to drive savings, generate growth and improve overall consumer satisfaction. With an overarching focus on delivering an efficient and seamless experience to the end customer, ModusLink manages every facet of the fulfillment process–from traditional supply chain activities such as pick, pack and ship and demand planning services to simplifying the returns process. By integrating the physical supply chain with digital commerce capabilities, ModusLink removes the complexities and risk that e-commerce brings and enables companies to quickly expand into new regions or countries.
“As a best-in-class service providing end-to-end supply chain solutions, we believe our inclusion as a representative vendor in Gartner’s Digital Commerce Market Guide validates why brands with complex supply chain needs rely on ModusLink’s proven expertise and technical solutions,” said Hans Veenendaal, Chief Commercial Officer, ModusLink. “In our industry, this continued shift toward digitalization, along with the proliferation of smart devices and the global growth around the Internet of Things (“IOT”), presents new opportunities for engaging with customers. It also provides the ability to curate, manage and leverage data that organizations can turn into actionable knowledge to grow their businesses. Our relentless focus on delivering a comprehensive end-to-end supply chain–including digital supply chain solutions and analytics–provides customers with the ability to expand their business, both globally and digitally, while enhancing their overall value proposition.”
To learn more about ModusLink, please visit www.moduslink.com.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartnerresearch publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Steel Connect
ModusLink Corporation, a wholly owned subsidiary of Steel Connect Inc. (NASDAQ: MLNK), is a global, omni-channel technology and fulfillment provider that gives clients real-time visibility into their end-to-end supply and demand chain operations, with expertise and facilities worldwide to manage forward and reverse logistics. The company’s operations are supported by more than 20 sites across North America, Europe and the Asia/Pacific region. For more information, please visit www.moduslink.com and http://www.moduslink.com/blog/, the blog for supply chain professionals.
This release contains forward-looking statements, which address a variety of subjects including, for example statements regarding supply chain solutions. All statements other than statements of historical fact are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: ModusLink’s success, including its ability to reach its revenue, sales and profitability goals depends on its ability to execute on its business strategy as well as the continued and increased demand for and market acceptance of its services; global economic conditions, especially in the technology sector are uncertain and subject to volatility; demand for ModusLink’s clients’ products may decline or may not achieve the levels anticipated by ModusLink’s clients; and increased competition and technological changes in the markets in which ModusLink competes. For a detailed discussion of cautionary statements that may affect ModusLink’s future results of operations and financial results, please refer to ModusLink’s filings with the Securities and Exchange Commission, including ModusLink’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Forward-looking statements represent management’s current expectations and are inherently uncertain. ModusLink does not undertake any obligation to update forward-looking statements made by the company.
ModusLink and Steel Connect are trademarks of ModusLink Corporation. All other company names and product names may be trademarks of their respective owners.
Source: ModusLink Corporation