Sage X3’s advanced remanufacturing capabilities enable manufacturers to drive sustainability, reduce waste, and optimise production cycles.
LONDON (10th December, 2024) – Sage, a leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMEs), has today announced that it has been recognised in the
Leaders Category of the IDC MarketScape: Worldwide Remanufacturing Management Software 2024 Vendor Assessment1. Projected to generate $712 billion globally by 20262, remanufacturing and the circular economy, are essential strategies for minimising waste, optimising resources, and driving sustainable economic growth.
As manufacturers increasingly focus on sustainable practices and circular economy strategies, Sage is supporting these shifts with Sage X3, an ERP solution recognised for its robust remanufacturing capabilities. Sustainable product design is at the core of the any circular economy strategy. Empowering manufacturers to operate sustainably, Sage X3 provides advanced support for new product introduction, traceability, quality management, non-conformance management and disassembly and reassembly work order scheduling and management. These features enable businesses to effectively manage complex workflows, improve quality, reduce waste, and maintain oversight throughout the product life cycle.
“At Sage, we are committed to helping our customers drive sustainable growth through practical remanufacturing capabilities that not only enhance efficiency but also support their sustainability ambitions,” said Rob Sinfield, SVP, ERP Sage. “We believe being recognised by the IDC MarketScape underscores our dedication to delivering solutions that meet the evolving needs of businesses today and tomorrow and to help them focus on driving growth.”
SMEs prioritising sustainability
With SMEs the foundation of the global economy, they also play a significant role in global carbon emissions but are less likely than larger companies to have the resources to measure and reduce those emissions. Despite this, Sage’s report, Path for growth: Making sustainability reporting work for SMEs highlighted that SMEs are also increasingly prioritising sustainability, with 62% actively implementing policies and 16% engaging in circular economy practices.
Sinfield concluded: “Everyone has a role to play in creating more robust supply chains driving down carbon emissions, and that’s why Sage is committed to equipping SMEs with the tools to make meaningful progress. Through Sage X3, we’re helping them take concrete steps towards sustainability that will have a lasting impact on their businesses and the communities they serve.”
Visit Sage X3 to find out more.
About Sage
Sage exists to knock down barriers so everyone can thrive, starting with the millions of small- and mid-sized businesses served by us, our partners, and accountants. Customers trust our finance, HR, and payroll software to make work and money flow. By digitising business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology, and experience to tackle digital inequality, economic inequality, and the climate crisis.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
