CHICAGO, June 15, 2010 /PRNewswire/ -- Manthan Systems, Inc., a leading provider of Business Intelligence (BI) and Analytics solutions for the retail and consumer goods industries today announced that Ripley Chile Inc. has selected its flagship product, ARC Merchandise Analytics.
A comprehensive performance management solution for retail merchandising, ARC Merchandise Analytics will assist Ripley in optimizing inventory levels and in stock positions, improving assortments, reviewing competitive positioning, and better managing in store operations. Along with Manthan's failsafe guaranteed ARC implementation, Ripley is also deploying Manthan's Retail Performance Management Framework, a best practices role-based implementation approach that ensures rapid adoption of BI within a retail organization, reduces time to benefit, and accelerates ROI.
"With today's rapidly growing and competitive business environment, it became essential that we provided our associates with the best possible systems to improve productivity and employ better insight into critical decisions," says Ronny Scheller, Director of Merchandise Planning and Logistics. With Manthan Systems in place we are employing the next generation in Retail BI and equipping Ripley with state of the art capabilities.
"ARC will replace our legacy BI environment" noted Gustavo Pardo, CTO/COO. "ARC will transform the way our merchandising executives look at their business, but will also touch many other areas within Ripley, including areas such as store operations, marketing, finance, and loss prevention"
"We are pleased to welcome Ripley Chile to the rapidly growing list of progressive Retailers worldwide that have selected ARC to support their critical decision making processes." said Peter Charness, President Manthan America. "We look forward to the rapid completion of our implementation projects, and seeing our latest client benefiting from the use of ARC across their organization."
Ripley Corp is one of the largest retail companies in Chile and Peru. Ripley's main line of business is the retail sale of clothing, accessories and home furnishings, though the company also participates in the financial business through direct credit to its customers. Ripley is focused on giving its customers an experience that is new and unique with its decor and the world famous brands in its assortment.
About Manthan Systems
Manthan Systems is the leading producer of analytics solutions for retailers around the world. Manthan's cutting edge solutions help their customers gain a competitive edge by improving their decision making processes. Manthan's products address the critical needs for the business intelligence and analytical needs of retailers. For more information about Manthan Systems, please visit http://www.manthansystems.com.
Media contact Peter Charness Tel: USA: +1-800-746-9370 Email: firstname.lastname@example.org
SOURCE Manthan Systems