This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Fantastic Holdings Limited Attributes Continual Growth To Investment In Manhattan Associates Supply Chain Technology

SYDNEY, Australia and ATLANTA, Aug. 20, 2012 (GLOBE NEWSWIRE) -- Global supply chain optimization provider Manhattan Associates, Inc. (Nasdaq:MANH) has announced that Fantastic Holdings Ltd (FHL), one of Australia's leading furniture manufacturers and retailers, has successfully implemented the Manhattan SCALE™ (Supply Chain Architected for Logistics Execution) product suite at its main 360,000 square foot purpose built distribution center (DC) at Fairfield, NSW, its 330,000 square foot facility in Clayton, Victoria, as well as its newer 60,000 square foot DC in Perth.

"FHL has continued to undergo consistent growth across its entire retail portfolio, despite the current soft state of the retail market," commented Craig Holland, COO Supply Chain at Fantastic Holdings Limited. "FHL prides itself on delivering the highest level of customer service, and a core feature of this includes ensuring maximum product availability at all times. As Australia's largest vertically integrated furniture retailer, with over 125 stores across five brands, we recognized that investing in an end-to-end supply chain solution would be critical to our ongoing success."

Following a competitive selection process, FHL opted for Manhattan SCALE because of its flexibility and unrivalled range of warehouse management and optimization capabilities. Manhattan SCALE also enabled FHL to integrate seamlessly with the company's other IT systems including its enterprise resource planning (ERP) and in-store Point of Sale (POS) systems. In addition, the solution offered the degree of scalability required to support a number of proposed new business processes that FHL planned to introduce across its multiple distribution centers.

"Having already delivered innumerable benefits across every facet of the company's distribution operations, we are extremely satisfied with the Manhattan SCALE solution," continued Holland. "Not only has it helped improve workflows, order accuracy and on-time delivery, the solution has also provided better inventory control and an increased level of visibility throughout the entire supply chain. These benefits have enabled FHL to continue delivering enhanced levels of customer satisfaction and helped us drive strong revenue growth."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs