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Kronos & Manhattan to help retailers with digital strategy
15
Jan '13
As brick and mortar and online retail channels merge, store operations executives are struggling with two key issues:  visibility into incoming online demand and aligning this demand with in-store labor. To overcome these issues, early adopters of omni-channel strategies are realizing that incorporating labor and store fulfillment can lead to greater profit margins.

A new relationship announced between Kronos Incorporated and Manhattan Associates will help retailers profitably integrate their stores into their digital selling strategy. This will allow them to increase customer satisfaction and drive sales by freeing up trapped inventory in the store, while managing labor costs.

News Facts

Retailers typically manage their operations based on historical shopping patterns, and therefore, their information is collected in silos – online vs. in-store. But managing their in-store workforce based only on data collected at the store level, such as Point-of-Sale (POS) and traffic, is preventing retailers from maximizing margins in an omni-channel environment.

Kronos and Manhattan Associates have teamed up to provide a solution that empowers retailers to fully exploit profit margin potentials from channel store operations. The joint solution will enable retailers to efficiently execute store fulfillment processes while better staffing their stores accordingly. These two solutions, when paired together, will account for labor demands from all selling channels and from all non service-based activities now required to support the omni-channel initiatives.

As a result of the relationship, retailers will have the ability to:

Drive sales by tapping into inventory assets across all stores and distribution centers, which were previously unavailable to online shoppers.

Manage labor costs by eliminating overstaffing due to an uninformed attempt at managing an omni-channel strategy with siloed data.

Increase customer satisfaction by better scheduling and staffing in-store associates to meet customer demand.

In addition to helping retailers execute their omni-channel strategy, the relationship will allow retailers to better schedule and staff their in-store employees for workloads originating from the distribution centers and external suppliers such as special orders, large seasonal resets, and drop shipments.

Leading retailers around the world use Kronos to better manage their workforce and turn to Manhattan Associates for omni-channel excellence. Working together, the two industry leaders will help retailers achieve additional benefits from the use of their solutions.

Supporting Quotes

Leslie Hand, research director, IDC Retail Insights “Optimizing for the omni-channel customer requires that retailers tap into their inventory and human resources efficiently in order to provide the best service level possible. The relationship between Kronos and Manhattan will help retailers accomplish this goal.”

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