GAINSystems Reviews & Pricing

by GAINSystems, Inc. | Founded 1971, Chicago, IL

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Categories:

Procurement Software
Contract Lifecycle Management Software
Order Entry Software
Procure To Pay Software
Purchasing Software
SRM Software
Strategic Sourcing Software
Supply Chain Management Software
Supply Chain Planning Software
...

What is GAINSystems?

Industry Specialties: Serves all industries

GAINSystems is a supply chain planning software organization that provides cloud-based or on-premise solutions to its users. It helps companies lower inventories and decrease operating costs with the use of machine learning and sophisticated algorithms.

It delivers higher service levels and maximum plan accuracy through various functionalities that include inventory management, demand planning and forecasting, replenishment and production management, inventory and operations planning. It is designed for mid-size to large-scale businesses.

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User Sentiment i

Based on 40 reviews:

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#19

GAINSystems is ranked #19 in the Procurement Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

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GAINSystems Pricing

Based on our most recent analysis, GAINSystems pricing starts in the range of $500 - $1,000.

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Starting From: Undisclosed
Pricing Model: Annually, Quote-based
Free Trial: No

Training Resources

GAINSystems is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for GAINSystems:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

GAINSystems Benefits and Insights

Why use GAINSystems?

Key differentiators & advantages of GAINSystems

Accelerate Response Time: GAINSystems helps accelerate supply chain response time by synchronizing planning. It can select the most plausible model, facilitate promotion and project management, manage customer and collaborative forecasts, integrate extrinsic leading indicators, provide exception planning, improve planner productivity and more.
Maximize Multi-Echelon Performance: Enhance service levels and reduce expediting by managing uncertain demand and variability. Manage and mitigate risks, maximize ROA, minimize operating costs, determine optimal service level and stocking policy, incorporate comprehensive error and adjust BOM levels for stocking and postponement strategy.
Improve Planning Processes: Integrate baseline demand planning and inventory optimization into sales, inventory and operations planning for superior results. Collaborative and synchronized planning, scenario planning simulations, profitability-based allocations, comprehensive reporting, mobile-friendly displays, KPI dashboards and accurate pattern recognition features are supported.
Address Complexities: Improves item availability and reduce stockout duration by addressing complexities at each supply chain level. Manages lead times, alternative sourcing, local market complexities, transportation costs and physical, financial constraints with advanced predictive and simulation methods. Users can improve in-stock position, minimize lost sales and inventory excess, increase planning efficiency and reduce inventory costs.
High Customer Satisfaction: It offers integrated dashboards, a codeless user interface configuration, platform independence, real-time integration with ERP systems and workflow management through an exception-based planning portal.

Industry Expertise

GAINSystems delivers its solutions to various sectors that include manufacturing, distribution, MRO and retail. It has received the best practices award by Frost and Sullivan for supply chain planning and optimization solutions for MRO technology innovation leadership, 2020. It’s also recognized as a visionary in the Gartner 2019 magic quadrant for sales and operations planning systems of differentiation.

GAINSystems Reviews

Average customer reviews & user sentiment summary for GAINSystems:

40 reviews

82%

of users would recommend this product

GAINSystems has a 'great' User Satisfaction Rating of 82% when considering 40 user reviews from 3 recognized software review sites.

Synopsis of User Ratings and Reviews

Based on an aggregate of GAINSystems reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Enhanced Functionality for Supply Chain Optimization: Users praise GAINSystems for its robust capabilities in optimizing supply chain operations, highlighting its effectiveness in improving efficiency and streamlining processes.
User-Friendly Interface and Customization Options: The platform receives positive feedback for its intuitive design and flexibility, allowing users to tailor the system to their specific needs and preferences, making it easy to use and adapt.
Effective Data Representation and Insights: Users appreciate the system's ability to present data clearly and intuitively, enabling them to gain valuable insights into their supply chain performance and make informed decisions.
Comprehensive Inventory Control and Optimization: GAINSystems is recognized for its strength in inventory management, providing tools and features that help businesses optimize their inventory levels, reduce costs, and improve overall efficiency.

Cons

Lack of Stock Rebalancing: GAINSystems does not inherently manage stock rebalancing, potentially hindering efficient inventory allocation across multiple locations.
System Performance Issues: Some users have reported that GAINSystems can be slow, especially during complex calculations or when handling large datasets, impacting productivity and user experience.
Inconsistent Forecasting Accuracy: The forecasting logic within GAINSystems has been criticized for being inconsistent, particularly when dealing with orders outside of the standard lead time, potentially leading to inaccurate demand predictions.
Limited Functionality for Complex Businesses: Users have noted that GAINSystems may lack certain functionalities required for businesses with complex operations, necessitating workarounds using spreadsheets or other tools.

Researcher's Summary:

Is GAINSystems the "gain" you need for your supply chain woes? User reviews from the past year paint a somewhat mixed picture of this platform. On the plus side, GAINSystems is praised for its robust functionality and user-friendliness. Many users, particularly those in smaller businesses, find its supply chain optimization tools to be top-notch, highlighting the intuitive data representation and comprehensive capabilities. For instance, one user lauded the software's ability to effectively simulate network impacts, which proved invaluable during a phased implementation of a new inventory system.

However, GAINSystems is not without its drawbacks. Some users, especially those dealing with complex businesses, have reported issues with system slowdowns, calculation errors, and limitations in handling certain tasks like stock rebalancing. One user expressed frustration with the software's inability to manage all aspects of their business, forcing them to rely on spreadsheets for certain functions. This dependence on workarounds suggests that while GAINSystems boasts a wide range of features, it may not fully address the needs of every business, particularly those with intricate supply chains.

Despite these criticisms, the positive sentiment towards GAINSystems outweighs the negative. Its strengths lie in its user-friendly interface, powerful optimization tools, and the significant return on investment it offers through improved inventory control and operational cost reduction. The platform appears to be a good fit for businesses looking to streamline their supply chain operations, particularly those seeking robust demand planning, inventory optimization, and scenario analysis capabilities. However, companies with highly complex supply chains or those requiring specialized features like stock rebalancing might need to consider whether GAINSystems can fully accommodate their needs or if supplemental solutions are necessary.

Key Features

Supply Chain Optimization: Customers can optimize complex relations between sourcing and procurement, supply and demand, inventory investment, customer service levels, operating costs, supply variability and demand plan error. Also, despite market variability, it enables collaboration with channel partners at a minimum cost.
Demand Planning and Forecasting: Reduce inventory and working capital by producing optimal, dynamic demand plans, merged with inventory and replenishment optimization. It offers demand pattern recognition, demand sensing and machine learning capabilities to find and address changes automatically. Users can get improved service levels, forecast accuracy, decreased expediting cost and higher revenue.
Inventory Optimization: Service and inventory target levels can be simultaneously sustained across complex distribution networks and multi-echelon bills of materials. A comprehensive set of source and cost variabilities is considered that includes demand plan errors, lead times and service-level goals for each SKU by location. Algorithms include inventory, network flow, sourcing and stocking policies.
Sales and Operations Planning: IPlanners and executives can review optimization results and remove internal silos collaboratively. Teams can compare scenarios and make decisions by keeping marketing, sales, production, procurement and finance centralized.
Replenishment Optimization: Supply needs can be predicted with demand forecasting and predictive analysis. It can adapt to dynamic supply availability and demand patterns, considering overstock and shortage conditions to enhance replenishments throughout the supply chain.
Optimization as a Service: GAINSystems offers optimization as a service that gives optimized recommendations to its users, including multi-echelon strategies within BOMs, optimal service level targeting for stocked items, distribution deployment optimization and inventory parameters like safety and cycle stock quantities.
SCO Network: Cross-enterprise visibility and data analysis provides instant corrective actions and planning accuracy. SCO network collaboration portals offer a centralized platform to perform transactional processes. It allows the community, indirect trading partners and direct trading partners to share data.

Suite Support

Email: For any queries, email [email protected].

Phone: Users can call +1 872-206-8500 for general inquiries and +1 872-206-8431 for solution & partner inquiries. Also, a contact form can be filled to submit requests.

Training: It offers training options that include eBooks, white papers, presentations, analyst reports, training sessions and videos.

Tickets: Ticketing options are not available.