Quantum Retail Releases 'Q v 10.05' to Address Needs of Complex Supply Chains, eCommerce
Quantum Retail Releases 'Q v 10.05' to Address Needs of Complex Supply
Chains, eCommerce, and Enhanced Order Planning and Forecasting Capabilities
MINNEAPOLIS, MN - August 31, 2010 - Quantum Retail, provider of the most
advanced retail merchandise optimization systems currently available, has
released the latest update to its core platform, Q. The update provides
advanced execution for complex supply chains, eCommerce, and enhanced order
planning and forecasting that allows planners to manage at the day level for
short life products and up 18 months in advance for long life products, with
the ability to recalculate distributions based on the most recent localized
demand data ensuring extremely accurate allocation and replenishment.
Specific changes in this new version include:
. Multi supply chain support gives flexibility in order planning and
distribution for retailers with complex supply networks and methods, such as
Vendor to National Distribution Center (DC), Vendor to Regional DC, National
DC to Regional DC, etc. to move stock as quickly and efficiently as
possible, reducing the risk of missing a sale due to unplanned
circumstances. Q now supports direct to store orders and allows users to
view order quantities by location in order to get the right quantity to
every local store as soon as it is needed.
. eCommerce integration enables retailers to easily manage and
integrate eCommerce inventory, warehouse or vendor availability and
distribution alongside physical store locations. This permits retailers to
maintain availability, so that high demand products do not go out of stock
either in-store or online.
. Enhanced order planning and forecasting allow planners to forecast
and manage short life products at the day level while users can also change
to a week view and manage forecasts and order plans for 18 months out for
longer life products. Planners can also test "what-if" scenarios, with the
ability to change quantities as late as time of receipt based on the most up
to date demand data. This means retailers are able to easily and accurately
manage the real-time demand for their inventory all the way down to the
local, individual store level with the Q system.
"We took extensive feedback from customers into account when implementing
the latest changes to Q," stated Morgan Day, CTO of Quantum Retail. "This
latest release incorporates some important improvements to an already highly
robust software offering and we will continue to improve Q to ensure our
customers have the benefit of utilizing the most advanced merchandise
optimization system available."
# # #
About Quantum Retail Technology, Inc.
Quantum Retail answers the new questions facing retailers with a merchandise
optimization suite designed for the increasing pace and complexity of the
consumer revolution and today's competitive landscape. Quantum Retail's
award winning solution, Q, solves the most difficult and costly problems
retailers face - quickly and permanently.
Q is the new answer for: Forecasting and Order Planning - Replenishment and
Allocation - Assortment and Range Planning.
For more information visit http://quantumretail.com.
http://twitter.com/quantumretail .
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