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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Manhattan Associates, Inc.    MANH

MANHATTAN ASSOCIATES, INC.

(MANH)
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Manhattan Associates : Breathes New Life Into Apparel and Footwear Inventory Allocation With Industry's First Omnichannel-Centric Solution

10/20/2020 | 08:31am EST

ATLANTA, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Manhattan Associates Inc. (NASDAQ: MANH), a leader in supply chain and omnichannel commerce, today introduced Manhattan Active® Allocation, the first allocation solution specifically engineered for today’s omnichannel marketplace, with a fresh approach to managing short lifecycle inventory. A leader in inventory optimization, Manhattan is the first to apply this expertise to softlines retail, with a new solution that also improves allocator agility and responsiveness.

Traditional allocation solutions lack the ability to sense and respond to today’s complex retail environment and evolving shopping habits. Manhattan Active Allocation offers a more nimble and modern approach to inventory allocation of short-lifecycle products for apparel, footwear and other fast-fashion retailers. It offers allocators a better understanding of real demand by giving them direct insight into today’s omni-fulfillment strategies, like BOPIS and curbside pickup. The solution also has the unique ability to shape allocation decisions based on the distinct types of fulfillment experiences offered for each product at both the store and distribution center (DC) level.

“Manhattan has reimagined the entire allocation process with the notion that today’s retailers must better align inventory deployment decisions with how the brand intends to engage its customers,” said Scott Fenwick, senior director of product strategy, Manhattan Associates. “For the first time, allocators will have the ability to make allocation decisions pre-season, before inventory hits the stores, and in real time during the selling season, leveraging granular omni-fulfillment insights. This will give them the ability to align their short-lifecycle inventory plans with their omnichannel fulfillment strategies, resulting in fewer fulfillment redirects and end-of-season markdowns.”

Built on industry-leading Manhattan Active application architecture, Manhattan Active Allocation is always current, continuously adapting and automatically scaling and flexing to accommodate changing needs as a business grows. The microservices-based, cloud native solution never needs to be upgraded, yet is still fully extensible.

The new solution delivers real-time performance monitoring and updates to inventory and sales, network wide. Inventory performance is automatically captured by channel and fulfillment type, and configurable allocations help users define, preserve, learn and reuse high-performing fulfillment strategies year over year.

Manhattan Active Allocation’s embedded analytics and data visualizations give retailers the agility to instantly respond to changing business conditions and dynamically evolve their allocation strategies to maximize sales and margins. The solution gives allocators the agility to create adaptable allocation plans, which result in less stranded inventory and less financial risk for the business.

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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 www.manh.com.


Press Contact:
Marchell GillisManhattan Associates
678-597-6321
mgillis@manh.com

manhattan logo.jpg

Source: Manhattan Associates, Inc.

2020 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2020 577 M - -
Net income 2020 80,9 M - -
Net cash 2020 184 M - -
P/E ratio 2020 90,9x
Yield 2020 -
Capitalization 7 259 M 7 259 M -
EV / Sales 2020 12,3x
EV / Sales 2021 11,5x
Nbr of Employees 3 500
Free-Float 98,7%
Chart MANHATTAN ASSOCIATES, INC.
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Manhattan Associates, Inc. Technical Analysis Chart | MANH | US5627501092 | MarketScreener
Technical analysis trends MANHATTAN ASSOCIATES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 109,00 $
Last Close Price 114,26 $
Spread / Highest target 9,40%
Spread / Average Target -4,60%
Spread / Lowest Target -36,1%
EPS Revisions
Managers and Directors
NameTitle
Eddie Capel President, Chief Executive Officer & Director
John J. Huntz Chairman
Dennis B. Story Chief Financial Officer & Executive Vice President
Sanjeev Siotia Chief Technology Officer & Senior Vice President
Rob Thomas Senior VP-Global Research & Development
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