MANH Manhattan Associates Inc.

Yunnan Baiyao Group to Bring Traditional Chinese Medicine to a Global Audience With Manhattan Associates

Yunnan Baiyao Group to Bring Traditional Chinese Medicine to a Global Audience With Manhattan Associates

Leading Chinese pharmaceutical company to dramatically increase production and fulfilment by leveraging the industry’s most advanced warehouse management system

SHANGHAI, China and ATLANTA, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Yunnan Baiyao Group, one of China’s largest pharmaceutical and health care companies, has selected  (NASDAQ: MANH) warehouse management system (WMS) to transform its digital supply chain and power the next phase of its growth strategy. will help the manufacturer optimise its distribution operations and meet rising demand for its products across the globe, whilst ensuring compliance with stringent production and traceability regulations.

Founded in 1971, Yunnan Baiyao has established itself as one of China’s most important pharmaceutical companies, selling a broad range of medicinal and personal care products. Thanks to its unique ability to combine traditional Chinese medicine with new product innovations, the company has doubled revenues over the last five years to CNY24.3 billion (US$3.5 billion) in 2017. With its sights firmly fixed on continuing this trend, it recently set out to modernise its manufacturing and distribution operations.

The pharmaceutical giant selected Manhattan’s industry-leading Warehouse Management for Open Systems (WMOS) solution to help it optimise fulfilment and throughput. The company will initially deploy Manhattan’s technology in a new distribution centre (DC) adjacent to its toothpaste factory in the Kunming, Yunnan province in southwest China. Yunnan Baiyao’s toothpaste is its most important health care product and the market-leading toothpaste brand in China. Manhattan’s solution will play a key role in Yunnan Baiyao significantly increasing its toothpaste production to fulfil the growing market demand.

Xia Feng, General Manager of Yunnan Baiyao’s Engineering System Centre, said, “Manhattan WMOS will ensure on-time replenishment of our production line, accelerate the shipment of finished goods to our wholesale customers, drive efficiency improvements across our warehouse and factory floor and provide us with the scalability we need for growth. It will also provide real-time visibility of all inventory flows, ensuring we are fully compliant with the Good Manufacturing Practice (GMP) and Good Supply Practice (GSP) codes governing the traceability requirements of pharmaceutical products.”

Stone Chen, General Manager of Manhattan Associates, Greater China, said, “Yunnan Baiyao is taking the lead in the pharmaceutical sector to replace its legacy systems with state-of-the-art technology that improves the productivity, efficiency and competitiveness of its manufacturing and supply chain functions. Manhattan’s WMS solution will play a pivotal role in Yunnan Baiyao’s digital transformation and provide it with the scalable fulfilment platform it needs to be able to fully capitalise on the growth opportunities presented by rising global demand for traditional Chinese medicine.”

About Yunnan Baiyao Group

Yunnan Baiyao Group is engaged in the manufacturing, wholesaling and retailing of traditional Chinese medicine, western medicine and personal care products. The company was founded by Mr. Qu Huan Zhang in June 1971 and has since grown to become one of China’s most important pharmaceutical companies. Headquartered in the Kunming, Yunnan province in China, Yunnan Baiyao Group is listed on the Shenzhen Stock Exchange. For more information, please visit .

About Manhattan Associates

Manhattan 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 fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit .

媒体联络人

Felicia Xu

逻壹博达

电话: 9



 
Rick Fernandez

Manhattan Associates

电话:



 

EN
27/02/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Manhattan Associates Inc.

Manhattan Associates Inc: 1 director

A director at Manhattan Associates Inc sold 2,300 shares at 218.698USD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...

 PRESS RELEASE

New Research Unveils Key Success Factors for Retailers in Unified Comm...

ATLANTA--(BUSINESS WIRE)-- (NASDAQ: MANH), today announced the findings of the . Co-sponsored by and conducted by , the study assessed 220 North America retailers across 300+ capabilities spanning four key experience areas: Shopping, Checkout, Fulfillment, and Service. Based on real-world purchases, returns, and customer interactions across digital and physical channels, the Benchmark identifies key traits of top-performing retailers and uncovers opportunities for brands to enhance customer value and modernize operations. Among the retailers assessed, only 5% achieved Leader status, demonst...

 PRESS RELEASE

Manhattan Associates Announces CEO Succession

ATLANTA--(BUSINESS WIRE)-- Today the Board of Directors of Manhattan Associates Inc. (NASDAQ: MANH) announced that Eddie Capel, Manhattan’s President and CEO, will retire from his position effective February 12, 2025. He will continue to serve Manhattan in the role of Executive Vice-Chairman of the Board, assisting with CEO transition and special projects. Mr. Capel will be succeeded by Eric Clark, who has been serving as CEO of NTT Data North America. Mr. Clark will also join the Manhattan Board. Mr. Capel joined Manhattan in June 2000, and, after serving in various operations and technolog...

 PRESS RELEASE

Manhattan Associates Reports Record Fourth Quarter and Full Year Resul...

ATLANTA--(BUSINESS WIRE)-- Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $255.8 million for the fourth quarter ended December 31, 2024. GAAP diluted earnings per share for Q4 2024 was $0.77 compared to $0.78 in Q4 2023. Non-GAAP adjusted diluted earnings per share for Q4 2024 was $1.17 compared to $1.03 in Q4 2023. “Manhattan ended the year strong, posting record bookings that exceeded our expectations,” said Manhattan Associates president and CEO Eddie Capel. “In 2024, we surpassed the one billion in total...

 PRESS RELEASE

Manhattan Named a Leader in the Industry’s Premier Evaluation of Order...

ATLANTA--(BUSINESS WIRE)-- (NASDAQ: MANH) today announced that it has been named a Leader in the . Of the eight solutions evaluated, only received the highest score possible in 20 out of the 27 criteria. Manhattan’s is the only solution with native RFID capabilities in store, dashboard, where retailers can compare their fulfillment performance against hundreds of peers in real-time, and the most recent offering, which identifies inventory allocation and placement decisions that are hindering order fulfillment performance. These capabilities are especially important in the current comme...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch