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Kronos Receives "Strong Positive" Rating in Leading Analyst Firm’s Retail MarketScope Report

Receives highest possible rating in time and labor applications

2008-11-26

CHELMSFORD, Mass, Nov. 26, 2008 — Leading analyst firm Gartner, Inc. has given Kronos® Incorporated the highest possible rating — a "Strong Positive" — in its retail time and labor report.  Kronos was one of 12 vendors evaluated in the report.  

Gartner considers a "Strong Positive" rating to be "solid providers of strategic products, services, or solutions" and recommends that existing customers "continue investments" while potential customers "consider the vendor a strong strategic choice". The "MarketScope for Retail Time and Labor Applications" was written by Gale Daikoku and published on Nov. 21, 2008.

Kronos for Retail simplifies workforce management

Kronos for Retail simplifies the hiring and management of the retail workforce.  This unique suite of talent and workforce management solutions enables retailers to automate, optimize, and standardize management of their employee-centric processes, resulting in cost savings and productivity gains of two percent of sales or more. The solution effectively enables retailers to address key business objectives of driving sales, increasing workforce quality, reducing labor costs, and improving labor law compliance by efficiently administering important store operations functions such as sales and labor budgeting, employee selection and hiring, time and attendance, and absence management.

Kronos' selection and hiring solution enables retailers to hire and retain the best possible employees. The solution uses staffing assessments built by Kronos scientists to guide critical employee selection and hiring decisions, and reduces the probability of workplace disruptions and lost productivity caused by hiring mistakes. Additionally, with Kronos for Retail, retailers are able to optimize store scheduling to ensure that the right people with the right skills are in the right places at the right times to ensure store readiness and provide service to customers. The analytics capabilities of the solution provide managers and executives with on-demand access to sales and labor data and KPIs, enabling enterprise visibility and control of store productivity.  

Continued growth in retail

Through its continued development of innovative, easy to use workforce management solutions, Kronos' commitment to improving store productivity and in-store customer experiences is demonstrated by widespread adoption across all major retail segments including big box, department stores, grocery, and specialty. Retailers around the world with more than 80,000 stores and three million employees use Kronos to hire the best people and manage them effectively.

"Kronos is honored to be recognized by Gartner with the highest possible rating on the retail MarketScope report," said John Anderson, director of retail marketing at Kronos. "We believe this recognition demonstrates that our combination of strategic solutions, in-depth expertise, a highly experienced professional services organization, and global reach enables us to consistently deliver business value to retailers from all segments of the industry."

About the Gartner MarketScope

The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Kronos Incorporated

Kronos Incorporated empowers organizations around the world to effectively manage their workforce. At Kronos, we are experts who are solely focused on delivering software and services that enable organizations to reduce costs, increase productivity, improve employee satisfaction, and ultimately enhance the level of service they provide. Kronos serves customers in more than 60 countries through its network of offices, subsidiaries, and distributors. Widely recognized as a market and thought leader in managing the workforce, Kronos has unrivaled reach with more than 30 million people using a Kronos solution every day. Learn more about www.kronos.com.

http://www.kronos.com/press-releases/Kronos-Receives-Strong-Positive-Rating.htm