Manhattan Associates Breathes New Life Into Apparel and Footwear Inventory Allocation With Industry’s First Omnichannel-Centric Solution

Rhea-AI Summary

Manhattan Associates has launched Manhattan Active® Allocation, a new allocation solution designed for the omnichannel marketplace. This innovative product is tailored for managing short lifecycle inventory in sectors like apparel and footwear. Key features include real-time insights into omni-fulfillment strategies such as BOPIS and curbside pickup, pre-season allocation decisions, and adaptable allocation plans to reduce markdowns. Built on a microservices architecture, this cloud-native solution is designed to scale with business needs, aiming to maximize profitability and minimize financial risks.

Positive

• Introduction of Manhattan Active Allocation enhances inventory management for short lifecycle products.
• Provides real-time performance monitoring and updates, improving decision-making.
• Enables pre-season allocation planning, aligning inventory strategies with fulfillment methods.
• Cloud-native architecture ensures the solution adapts without the need for upgrades.

Negative

• None.

New Solution Applies Advanced Optimization Methodologies to Short Lifecycle Inventory to Reduce Markdowns and Maximize Profitability

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.

FAQ

What is Manhattan Active Allocation?

Manhattan Active Allocation is a new allocation solution from Manhattan Associates, specifically designed for managing short lifecycle inventory in the omnichannel retail environment.

How does Manhattan Active Allocation improve inventory management?

It offers real-time insights into omni-fulfillment strategies and allows allocators to make informed decisions regarding inventory deployment both pre-season and in real-time during selling seasons.

What industries can benefit from Manhattan Active Allocation?

Industries such as apparel, footwear, and fast fashion retailers can benefit from this solution due to its focus on short lifecycle inventory management.

What are the key features of the new allocation solution by Manhattan Associates?

Key features include real-time performance monitoring, the ability to adapt allocation plans based on fulfillment strategies, and a cloud-native architecture that scales with business needs.

How does the new solution affect markdowns?

Manhattan Active Allocation aims to reduce markdowns by aligning short-lifecycle inventory plans with omnichannel fulfillment strategies.