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Stock impact report

Manhattan Associates Pioneers the Use of Machine Learning to Help Retailers Guarantee Accurate Delivery Promises

Manhattan Associates, Inc. (MANH) 
Last manhattan associates, inc. earnings: 4/21 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.manh.com
Company Research Source: GlobeNewswire
ATLANTA, May 03, 2022 (GLOBE NEWSWIRE) -- Manhattan Associates Inc. (NASDAQ: MANH) today announced the latest infusion of machine learning into its Manhattan Active® Omni suite to significantly improve the accuracy of delivery date calculations when fulfilling online orders from stores. Manhattan’s testing found that this new technology can decrease late deliveries by between 30% and 50%. Today’s connected consumer is demanding accurate and aggressive delivery dates and fulfillment options during the purchasing process. To get orders to consumers more quickly and at a reduced cost, omnichannel retailers are increasingly choosing to fulfill orders from their stores. However, given the dynamic nature of the store environment, it is significantly more challenging to provide precise ship and delivery date calculation when fulfilling from stores versus warehouses. As a result, many retailers revert to vague or overly conservative delivery date estimates, which can negatively impact sale Show less Read more
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