MANH Manhattan Associates Inc.

Manhattan Streamlines Store Inventory Management

Manhattan Streamlines Store Inventory Management

Expanded RFID capabilities in its store solution improves inventory accuracy, automates store processes and reduces labor costs

NEW YORK, Jan. 15, 2023 (GLOBE NEWSWIRE) -- Today at the NRF Big Show, (NASDAQ: MANH) unveiled its vision for an RFID-powered store. Manhattan Active® Omni suite has expanded its support of RFID tags for automating and streamlining the inventory counting, receiving, picking, checkout, return and exchange processes. With this new solution, retailers can make more accurate promises, increase conversion rates and maximize inventory exposure for selling.

Retailers are increasingly depending on their stores to fulfill both in-store and online orders. However, their ability to do so is often hindered by poor store inventory accuracy, which often falls below 70%. In fact, a found that only 3% of U.S. retailers believed they had an accurate view of inventory in stores and across their distribution network.

Manhattan has solved this challenge by enabling its point-of-sale and store fulfillment solutions with handheld RFID support for all inventory management and order fulfillment activities. By combining RFID technology with Manhattan Active Omni, retailers can increase store inventory accuracy from 70% to nearly 100%. Manhattan’s solution also reduces inventory-related labor hours, helps associates quickly locate merchandise and expedites transactions at the point of sale.

Manhattan Active Omni’s RFID capabilities streamline and automate inventory counting and receiving processes. Store-wide inventory counts can be performed quickly and accurately by store associates armed with the latest handheld devices, such as Zebra’s RFD series. Associates can also use the mobile RFID scanners to greatly reduce the time required to perform unit level receiving of new inventory items.

In active store environments, it is common for merchandise to be moved by customers or even misplaced by store staff. Manhattan’s new “find” mode works just like a metal detector, using handheld RFID devices to direct store associates to the precise location of tagged items, reducing inventory shortages and time spent hunting for missing items.

Manhattan’s new RFID capabilities can also be used to speed up sales transactions and returns. Readers placed at the point-of-sale capture tag information as soon as merchandise is placed on the counter, immediately populating the customer’s shopping cart.

“Manhattan Active Omni delivers a unified approach to selling, engaging and fulfilling in a single store application. By integrating RFID into its store solutions, Manhattan is able to reduce the time and effort required to implement RFID, while ensuring store associates can continue to leverage the most advanced store solution in the market,” said Amy Tennent, senior director of Product Management for Manhattan.

“Agile omnichannel inventory management and fulfillment is critical to modern store operation,” said Bill Toney, vice president Global RFID Market Development at Avery Dennison. “We believe the combination of Manhattan’s store solutions and Avery Dennison’s innovative RFID and digital identification solutions will enable retailers to transform inventory management and streamline store operations while delivering a first class consumer experience.”

For more information on Manhattan Active Omni’s new RFID inventory management capabilities, please click .

Receive up-to-date product, customer and partner news directly from Manhattan Associates on , and .

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 fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit .

Press Contacts:

Devika Goel

Manhattan Associates





EN
15/01/2023

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: 2 directors

Two Directors at Manhattan Associates Inc sold 39,366 shares at between 221.532USD and 222.178USD. The significance rating of the trade was 73/100. 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 director...

 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