AMSTERDAM, March 7, 2011 /PRNewswire/ -- Manthan Systems Inc., the leader and innovator in the Retail Business Intelligence (BI) and Analytics space today announced that ECCO, one of the world's major retailers and wholesalers of stylish comfort footwear for men, women and children, has gone live with Manthan's flagship product, ARC Merchandise Analytics.
With ARC's strong reporting and analytical capabilities coupled with complete support for handling all exchange currency types, ECCO acquires sophisticated business intelligence base and enhanced operational efficiency.
ARC Merchandise Analytics, deployed in 119 ECCO Owned & Operated Stores across Europe, integrates myriad systems in ECCO's enterprise, centralizing data; introducing a structured, unified and consistent approach into ECCO's decision making. ARC's advanced analytical capabilities provide innovative support to ECCO's efficiency and decision making backed by multi-currency reporting, inventory-specific reporting, unique merchandise hierarchy, merchandise calendar, financial calendar, financial budgets at store level, and ability to track goods in transit - between stores as well as between distribution centers and market.
"With ARC's robust decision support and good analytics, we are convinced we will benefit as a business," says Michel Krol, MD of ECCO EMEA. "We have been looking to get a unified and central business intelligence enabling us to conduct needed and specific analysis across sales, merchandising & inventory, and we believe ARC will provide our business with the solution."
Atul Jalan, MD & CEO, Manthan Systems, says, "We are happy to contribute to ECCO's long term ambition of being a true vertically integrated business. ECCO is one of only a handful of retail majors in the world to own and manage every step of the production process. With such vast range of operations within its enterprise, ECCO depends on a strong technology backbone for decision making and operational efficiency. We are delighted, ECCO has chosen ARC to be a part of this solution."
Manthan Systems' ARC suite of products is a futuristic Retail Business Intelligence solution that provides the complete range of role-based analytics and performance management capabilities across all business processes within a retail organization.
ECCO, a world leading brand of shoes combining style and comfort, has built its success on uncompromising quality, innovative technology and the design philosophy, "the shoe must follow the foot". ECCO is the only major shoe manufacturer to own and manage every step of the shoemaking process, and its employees are the life force behind its products, designing, developing, producing, and taking responsibility for every detail. ECCO products can be found in 4,000 branded sales locations in over 90 countries, a growth fueled by ECCO's consistent aim of making the best shoes in the world.
For further information, please visit www.ecco.com
About Manthan Systems
Manthan Systems produces cutting edge analytic solutions for global retail and CPG organizations. Manthan's breakthrough solutions, under the brand name ARC, transform the way retailers use analytics driven decision making for strategic advantage. The ARC product portfolio spans the entire spectrum of retail decision making with role-based, pre-built applications, and includes products for merchandising analytics, financial analytics, customer analytics, supplier portal & analytics, mall analytics and enterprise retail BI. These award winning products provide a significant edge to an organization's analytical capability and maturity, and are proven to deliver unmatched business benefits in a remarkably short timeframe. Manthan's experience spans a wide range of retail segments and formats, having transformed decision making for some of the biggest names in retail across the globe. For more information, visit www.manthansystems.com.
Ajith Nayar | email@example.com | +91.80.2299.0585
SOURCE Manthan Systems