ARGOS SELECTS YANTRA TO STREAMLINE MULTI-CHANNEL ORDER AND FULFILLMENT PROCESS
Leading UK Retailer Makes Multi-Million Dollar Investment to Create Seamless and Consistent Shopping Experience Across All Channels
CHICAGO, IL - June 25, 2002 - Yantra Corporation (www.yantra.com), the leading provider of enterprise software for distributed commerce management, today announced that Argos, the UK’s leading multi-channel catalog retailer, has selected Yantra’s distributed order and inventory management software application to streamline order and fulfillment processes for its direct-to-consumer operations. The announcement was made at the Retail Systems conference being held this week in Chicago.
“We are making huge investments into improving customer service and choice through our direct-to-consumer operations with the best possible delivery promise we can offer,” said Eugene Brazil, Managing Director of Argos Direct. “Yantra’s ability to track orders at all times will allow us to answer queries quickly and efficiently, and manage fulfillment problems before they impact our customers. We aim to offer the best shopping experience in terms of choice, price and service in our chosen market,” he added.
“As the leading player in the UK retail catalog market, Argos is a progressive and innovative organization,” commented David Stephenson, Managing Director of Yantra’s European Operations. “We are delighted that Argos has chosen Yantra to support its commitment to delivering a customer focused, multi-channel strategy.”
Yantra’s Distributed Commerce Management application is designed to enable flawless fulfillment of high volume orders across multiple sales channels, inventory locations and external trading partners. Unlike traditional order and inventory management systems. Yantra’s solutions extend existing enterprise systems to provide real time connectivity, visibility and control across multiple channels, companies and trading partners.
About Argos
One of the UK’s leading multi-channel retailers, Argos has 487 stores in the UK and Republic of Ireland and sales of over 2 billion pounds. The Argos catalogue is in 70% of British homes. To visit Argos’ award winning e-tail site click on www.argos.co.uk
About Yantra
Founded in 1995, Yantra is the leading provider of distributed commerce management solutions. The Company’s applications coordinate and monitor distributed orders and inventory across multiple business units, customers, suppliers and trading partners. Global 2000 companies use Yantra’s solutions to leverage new revenue opportunities, drive new operational efficiencies and increase service levels.
Yantra has deep domain expertise in supply chain management and works with some of the world’s leading businesses including Allogis (DHL), APL Direct, Best Buy, Eastman Chemical, Hallmark, Honeywell, Motorola, Rockport, ScanSource, School Specialty Inc. and Target Corporation. The Company is privately held and based outside Boston, Massachusetts. For more information, please visit www.yantra.com .
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