Manhattan Associates Unveils the Industry’s Most Sophisticated Inventory Planning and Replenishment Solution
May 22 2018 - 08:00AM
Manhattan Associates Inc. (NASDAQ:MANH) today announced updates to
its Manhattan Active™ Inventory solution designed to help
retailers optimize inventory in an increasingly complex omnichannel
environment. Manhattan’s Inventory Demand Forecasting and
Replenishment solution has been enhanced with a new approach to
optimizing inventory that accounts for today’s demand patterns and
modern fulfillment strategies. The company is the first to deliver
multi-channel, multi-echelon optimization to precisely place
inventory where it’s most needed for today’s digitally enabled
shoppers.
Until recently, large retailers have taken a multi-echelon
approach that balances inventory with demand across their complete
network. In today’s connected commerce world, consumers are
demanding much more complex omnichannel fulfillment capabilities
(e.g., buy-online-pickup-in-store, ship-to-store, ship-from-store,
etc.). Traditional planning systems were never designed to consider
the impact of filling online orders with in-store inventory, and
tend to overestimate demand as a result.
Manhattan is the first to give retailers comprehensive control
over inventory investments across all of their omnichannel
fulfillment experiences. The company’s Omnichannel Inventory
Optimization solution constantly monitors and automatically adjusts
inventory strategies as these initiatives mature. Using this
insight, retailers can accurately position inventory across the
network to maximize sales opportunities and satisfy customers,
while minimizing costs.
“Omnichannel is rapidly changing the way retailers do business.
Businesses must quickly update their planning processes and
technologies to keep pace or their inventory investments will
suffer,” said Scott Fenwick, senior director of Product Strategy,
Manhattan Associates. “Manhattan is proud to introduce powerful,
yet easy-to-use tools that help retailers untangle the complexity
of interconnected omnichannel programs. Equipped with these new
solutions, omnichannel retailers can easily map out an effective
strategy to control inventory costs while ensuring each fulfillment
experience provides memorable and satisfying customer
engagements.”
Manhattan today also unveiled its Buyer Workbench, an advanced
data visualization tool that gives wholesale and distribution
companies a holistic view of how inventory, demand and service
levels impact their businesses. It proactively updates users on
company performance and provides deep insight into a company’s
supply chain to identify areas for improvement.
In today’s connected commerce world, technology has simplified
the process of launching promotional campaigns. However, it can be
difficult to measure the net impact of each individual promotion
when multiple promotions are running simultaneously. Manhattan has
enhanced its Inventory solution with machine learning-based
algorithms that are capable of analyzing large amounts of
promotional data to help retailers accurately measure the positive
or negative impact of specific campaigns on consumer demand.
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About Manhattan AssociatesManhattan Associates
is a technology leader in supply chain and omnichannel commerce. We
unite information across the enterprise, converging front-end sales
with back-end supply chain execution. Our software, platform
technology and unmatched experience help drive both top-line growth
and bottom-line profitability for our customers.
Manhattan Associates designs, builds and delivers leading edge
cloud and on-premises solutions so that across the store, through
your network or from your fulfillment center, you are ready to reap
the rewards of the omnichannel marketplace. For more information,
please visit www.manh.com.
Press Contact:
Rick FernandezManhattan
Associates
678-597-6988rfernandez@manh.com
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