Manhattan Associates Delivers Prescription for Chemist Warehouse Group’s Inventory Success
October 24 2018 - 5:00PM
Leading Australian Pharmaceutical Retailer Selects
Manhattan Active™ Inventory to Ensure Product Availability,
While Maximizing Profitability
Manhattan Associates Inc. (NASDAQ: MANH) today announced that the
Chemist Warehouse Group, Australia’s largest pharmacy retailer, is
deploying the Manhattan Active Inventory solution to address its
inventory forecasting and replenishment needs and help drive
overall business growth. This new deployment builds on the Chemist
Warehouse Group’s success optimizing its warehouse management and
distribution operations with Manhattan’s SCALETM solution.
With just under 500 stores in Australia and four stores in New
Zealand, the Chemist Warehouse Group has a greater than 50 percent
share of Australia’s retail pharmacy market. The brand operates
eight distribution centers, serving all of its domestic retail
locations, its online properties and a thriving export business.
The company is dedicated to providing customers with the highest
level of product choice and availability, which is reflected in its
strict “no gap” policy, meaning store shelves must remain full at
all times.
Manhattan’s Active Inventory solution helps My Chemist meet its
“no gap” policy by providing increased visibility into network
demand to help respond to shifting requirements and better predict
future inventory needs. The product’s omnichannel inventory
optimization capabilities will also enable the Chemist Warehouse
Group to reduce store inventory levels from 40 days of supply down
to 30 days, without increasing the risk of product gaps on the
shelves. The solution’s robust features and flexible configuration
will allow the retailer to more effectively manage inventory levels
across its store network, as well as accommodate future growth.
“The Chemist Warehouse Group prides itself on our ability to
ensure that customers always have access to the products they need,
when and where they need them,” said Joanne Lipsey, General
Manager, Supply Chain, Chemist Warehouse Group. “Working with
Manhattan Associates will give us the inventory insight and control
needed to deliver a better experience for our customers. By
automating key inventory processes, the solution will also free up
internal resources and allow our team to focus on more strategic
initiatives to further drive growth and company success.”
“We are proud to work with the Chemist Warehouse Group to help
them achieve the correct inventory balance to ensure product
availability, prevent inventory surplus and drive profitability,”
said Raghav Sibal, Australia and New Zealand Managing Director,
Manhattan Associates. “Manhattan Associates delivers the advanced
demand forecasting and inventory visibility our clients need to
maintain control over their inventory assets and drive the most
value network-wide.”
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About Chemist Warehouse GroupFounded in 1973,
Chemist Warehouse Group is Australia’s largest retail pharmacy
group with just under 500 stores across the country. As one of
Australia’s largest retailers, one in four Australians visits a
Chemist Warehouse store every month. Dedicated to reducing the cost
of healthcare, Chemist Warehouse’s aim is to deliver wellness to
all Australians, so they can live, look and feel well in all they
do. For more information, visit www.chemistwarehouse.com.au.
About Manhattan AssociatesManhattan 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:Rick FernandezManhattan
Associates
678-597-6988rfernandez@manh.com
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