 Island Pacific Systems, Inc., a 100% owned subsidiary of 3Q Holdings Limited, announced that it recently signed an agreement for Island Pacific Planning licenses and services with Primark, a European retailer with over 190 locations in the United Kingdom, Ireland, Spain, Portugal, Germany, The Netherlands, and Belgium.
Island Pacific Planning is the cornerstone of Island Pacific’s Assortment Management solution and consists of Merchandise Planning, Store Planning and Assortment Planning.
The Island Pacific Planning solution will be interfaced to Primark’s existing systems and will allow Primark to efficiently and accurately plan across all levels of their retail business.
“Primark’s business is based on high volume, low cost, with massive levels of stock constantly moving through their supply chain. Not only is our solution robust, efficient and simple to use, but it will allow Primark to be more reactive to meet the demands of their ever changing and expanding business. We believe it will provide the Buying and Merchandising teams with an effective set of tools that will support the growth of the business through more efficient and timely planning, monitoring and forecasting and significantly reduce manual input,” said Mike Dotson, Vice President of Global Sales for Island Pacific.
Island Pacific continues to develop and deploy high value and innovative software solutions that enable retailers to manage the entire scope of their operations and to understand, create, manage and fulfill consumer demand. These operations include point-of-sale, customer relationship management, vendor relationship management, merchandising, demand forecasting, planning, replenishment, allocation, and event planning.
Primark is a retail group in the value sector and operates a total of 191 stores in Ireland, The Netherlands, Spain, Portugal, Germany and the UK. Primark employs in excess of 28,500 people. In GB, in terms of market share in the 24 weeks up to 21st June 2009, TNS ranks Primark as GB’s largest clothing retailer by volume. Verdict Research now places Primark as the leading retailer in value clothing and Primark was recently voted 'Best Budget Store on the High Street' by GMTV viewers. |