Manthan Systems, a provider of business intelligence (BI) and analytics solutions for retailers has announced that Ripley Colombia has deployed its ARC Merchandise Analytics solution to support its new retail operations in Colombia. Ripley Colombia, an operating division of Ripley SA, operates three department stores in Bogota and Bucaramanga.
Established in 1956, Ripley SA operates over 60 department stores in Peru and Chile. Manthan and Ripley established a working relationship in 2010, when Ripley SA selected Manthan to provide an analytics solution to support decision-making processes at Chilean retail operations.
“The implementation of ARC Merchandise Analytics has been a great success in Ripley Chile.As a result of this success, we chose to expand our relationship with Manthan to support our aggressive retail growth strategy in Colombia,” said Max Larrain, Head of Retail Planning for Chile & Colombia, Ripley SA.
ARC Merchandise Analytics provides retailers with real-time visibility to merchandise, marketing and operations performance. Exclusively designed for the retail industry, the solution is available with hundreds of pre-built KPIs, metrics and best-practice analytical views and dashboards. The pre-built nature of ARC solutions reduces project requirements and duration, enabling clients to achieve ROI faster.
“ARC Merchandise Analytics provides Ripley Colombia with better visibility to product performance and out-of-stocks. As a result, the Ripley team can make better decisions regarding assortment mix and inventory availability, which is essential to building successful customer relationships in this new territory,” said Kevin J. Walker, SVP and General Manager, Manthan Americas.