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Manhattan Associates Inc - MANH STOCK NEWS

Welcome to our dedicated page for Manhattan Associates news (Ticker: MANH), a resource for investors and traders seeking the latest updates and insights on Manhattan Associates stock.

Manhattan Associates Inc. (NASDAQ: MANH) is a global leader in supply chain, inventory, and omnichannel solutions. Established in 1990, the company has provided innovative software solutions to over 1,200 customers worldwide, including retailers, wholesalers, manufacturers, and logistics providers. Through its advanced cloud-native technology, Manhattan Associates maximizes warehouse efficiency, ensuring timely delivery and smarter orchestration of orders.

Recently, Manhattan Associates announced a strategic partnership with TeamViewer, a leading provider of remote connectivity and digitalization solutions. This collaboration aims to integrate TeamViewer's vision picking technology with Manhattan Active Warehouse Management (MAWM) platform, enhancing warehouse operations with augmented reality for improved accuracy and efficiency.

Financially, Manhattan Associates has remained debt-free since its inception and continues to invest in the latest technologies such as AI, machine learning, and robotics. The company's robust financial health allows it to innovate continually and offer cutting-edge solutions that address critical industry challenges.

At Manhattan Associates, the focus is on moving life and commerce forward by connecting and optimizing every aspect of the supply chain. The company's dedication to providing high-quality solutions has earned it a solid reputation over the past 25 years.

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Manhattan Associates (NASDAQ: MANH) has announced Manhattan Active® Supply Chain Planning (SCP), a unified platform that integrates supply chain planning and execution systems. This innovative solution facilitates real-time, bi-directional collaboration, harmonizing inventory, labor, transportation, and resources to achieve common business goals such as reducing total landed cost or speeding up market entry. By eliminating the traditional silos between planning and execution, Manhattan Active SCP optimizes enterprise-wide operations. The platform employs AI to combine external and internal data for accurate demand forecasting and is cloud-native, scalable, and updated regularly. This solution completes Manhattan's vision of a unified supply chain ecosystem.

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Manhattan Associates (NASDAQ: MANH) has unveiled Manhattan Active® Maven, a cutting-edge Generative Artificial Intelligence (GenAI) solution aimed at enhancing customer service. This innovative technology reduces operational costs while improving customer interactions. Manhattan Active Maven offers a GenAI-powered chatbot for consumers and a suite of features to boost customer service efficiency. This solution integrates seamlessly into Manhattan's omnichannel commerce platform, providing native access to order, payment, location, and product information. Additionally, Manhattan announced Manhattan Assist, a GenAI assistant that offers contextual responses and platform-level support for various roles and functions within the Manhattan Active suite. These advancements promise to redefine customer service with greater personalization, productivity, and cost savings.

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Manhattan Associates Inc. (NASDAQ: MANH) has been recognized as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems for the 16th consecutive time. The company's cloud-native Manhattan Active Warehouse Management system, built on a microservices architecture, offers advanced scalability and ease-of-use for warehouses of all sizes. With innovative features like behavioral science-infused Labor Management, Manhattan is at the forefront of supply chain execution solutions.

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Manhattan Associates Inc. announced that Schneider Electric selected Manhattan Active® Warehouse Management and Transportation Management for a global distribution and transportation network transformation. The implementation will cover over 20 distribution centers and 200+ operational sites, aiming to enhance inventory performance, efficiency, and agility. Stuart Michael Whiting of Schneider Electric highlighted the benefits of the upgrade, emphasizing centralized control and increased visibility across their supply chain.

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Manhattan Associates Inc. (NASDAQ: MANH) continues its partnership with Groupe Dynamite Inc. to enhance its omnichannel commerce capabilities. Groupe Dynamite leveraged Manhattan Active® Omni to improve ship times, inventory levels, customer call times, sales, profits, and customer satisfaction. The retailer utilized Manhattan Active Point of Sale for omnichannel sales, leading to increased store conversion rates. By implementing Manhattan's Store Inventory and Fulfillment, Groupe Dynamite transformed its stores into efficient fulfillment points, reducing store transfers, delivery times, and shipping costs. The retailer now fulfills the majority of online orders from its stores, with an average shipping time of 23 hours, significantly faster than the industry average of 3.3 days.

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Manhattan Associates Inc. (NASDAQ: MANH) has won the Overall Innovation of the Year award by RetailTech Breakthrough for its Fulfillment Experience Insights dashboard, part of Manhattan Active® Omni, assisting retailers in navigating the evolving retail landscape.

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Manhattan Associates (MANH) reported record first-quarter results with revenue of $254.6 million and GAAP diluted earnings per share of $0.86 for Q1 2024. Non-GAAP adjusted diluted earnings per share were $1.03, showing a substantial increase over Q1 2023. The company saw a 31% increase in RPO bookings compared to the prior year, signaling strong demand. Manhattan Associates raised its 2024 full-year guidance, reflecting confidence in its performance and market position.
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TeamViewer, a global remote connectivity provider, has partnered with Manhattan Associates to integrate its vision picking solution with Manhattan's warehouse management platform. The collaboration aims to enhance warehouse operations worldwide with hands-free picking and real-time visual cues.
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Manhattan Associates Inc. (MANH) has been named a Leader in the Gartner Magic Quadrant for Transportation Management Systems for the sixth consecutive year. Their Manhattan Active Transportation Management ranks among the top vendors in various complexity levels, offering real-time visibility, predictive analytics, automation, and efficiency improvements in supply chain execution.
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Manhattan Associates Inc. (NASDAQ: MANH) will release its first quarter 2024 financial results on April 23, 2024, followed by a conference call. Investors can listen to the live webcast and access a replay via the company's Investor Relations website.
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FAQ

What is the current stock price of Manhattan Associates (MANH)?

The current stock price of Manhattan Associates (MANH) is $271.89 as of November 21, 2024.

What is the market cap of Manhattan Associates (MANH)?

The market cap of Manhattan Associates (MANH) is approximately 16.8B.

What does Manhattan Associates Inc. do?

Manhattan Associates provides software solutions to manage supply chains, inventory, and omnichannel operations for retailers, wholesalers, manufacturers, and logistics providers.

When was Manhattan Associates founded?

Manhattan Associates was founded in 1990.

Who are Manhattan Associates' customers?

The company's customers include retailers, wholesalers, manufacturers, and logistics providers.

What is the recent partnership of Manhattan Associates?

Manhattan Associates recently partnered with TeamViewer to integrate vision picking technology with its MAWM platform.

What is vision picking?

Vision picking is an augmented reality technology that provides visual information to warehouse operators, improving accuracy and efficiency in order picking and inventory management.

What technologies does Manhattan Associates invest in?

Manhattan Associates invests in AI, machine learning, cloud-native design, microservices architecture, and robotics.

How many customers does Manhattan Associates serve?

Manhattan Associates serves over 1,200 customers worldwide.

Is Manhattan Associates financially stable?

Yes, Manhattan Associates has remained debt-free since its founding in 1990.

What is Manhattan Active Warehouse Management (MAWM)?

MAWM is Manhattan Associates' flagship cloud-based platform for enhancing warehouse management operations.

How many associates does Manhattan Associates employ?

Manhattan Associates employs over 4,000 associates globally.

Manhattan Associates Inc

Nasdaq:MANH

MANH Rankings

MANH Stock Data

16.76B
60.34M
1.2%
101.98%
3.92%
Software - Application
Services-prepackaged Software
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United States of America
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