Yesterday, Manhattan Associates Inc. (NASDAQ: MANH) reported annual income of $1.042 billion, up from $929 million final yr. This represents year-over-year progress of 12.1%. Manhattan joins a choose group of provide chain software program suppliers – SAP, Blue Yonder, and Oracle – producing over $1 billion in annual income.
Manhattan Associates is a pacesetter in two markets, warehouse administration programs and omnichannel programs. The WMS resolution optimizes productiveness and throughput in distribution facilities and warehouses. Supporting modules embrace labor and yard administration.
Manhattan’s Omnichannel options present an working platform for digital commerce, retailers, and wholesale companies. Comprising Order Administration, Retailer Stock Success, Name Middle, Level of Sale (POS), and Buyer Engagement as their core purposes, Manhattan Omnichannel options present CRM capabilities for contact middle brokers; end-to-end course of enablement for retailer associates, and enterprise-wide stock availability dedication, order success optimization, and POS capabilities.
The corporate additionally sells provide chain planning and transportation administration options.
Manhattan has been on a journey to get all their merchandise on their microservices cloud-native Energetic Platform. In 2024, their provide chain planning resolution was added to the platform. For patrons with a number of provide chain merchandise from Manhattan, a lot better orchestration of provide chain processes can happen.
This permits for permits bi-directional collaboration between provide chain planning and execution programs. Firms have a recognized drawback synchronizing their provide chain plans with what can really be executed. Producers discuss with it because the “store flooring to high flooring disconnect.” This displays the issue in synching the plans finalized in an built-in enterprise planning govt assembly with what the store flooring is able to manufacturing and fulfilling within the short-term time planning horizon.
The identical disconnect can occur within the warehouse and in transportation. For instance, if a promotion plan has not been accurately modeled for the warehouse, there might not be sufficient storage capability, dock doorways, or employees to execute the day’s work. Nonetheless, a Manhattan Energetic SCP plan is constructed with an understanding of what the warehouse is able to from the underside up. Within the case of a giant promotion, the ensuing plan could be “smoothed” by starting the execution of the plan days earlier.
What Manhattan is doing on the transportation facet can also be important. In a warehouse, employees choose circumstances and construct pallets. Pallet constructing logic understands the size and weights of the cartons. Primarily based on this, the answer understands that you would be able to’t construct a six-layer set of cartons on a pallet with product A. Product A is simply too massive. It should be 5 layers. Equally, you need to put product C on the underside layers on a unique pallet. If you happen to put product B on the underside, these cartons shall be crushed.
As soon as the pallet plan is full, you may construct a greater truckload. The logic behind what number of pallets it takes to fill a truck is just like pallet-building logic. The trailer construct is predicated on the dimensionality and weight of the pallets with a full understanding of points like crushability and whether or not the pallets will weigh out or dice out a trailer. Cubing out is preferable; corporations don’t wish to ship air. A transportation plan constructed with a full granular understanding of trailer constructing constraints will also be smoothed.
In brief, the bidirectional messaging between Manhattan’s SCE and SCP options helps create much more possible and executable plans.
Manhattan’s progress has doubtless been pushed by each the functionally wealthy WMS and omnichannel options and the benefits their platform brings to their prospects.
In one thing of a shock, the corporate is just forecasting 2-3% progress within the coming yr. Eddie Capel, the CEO of Manhattan Associates defined this by saying, “We do stay cautious on the worldwide economic system, although, which has turn into extra acute for our providers enterprise. Close to time period headwinds for our providers surfaced as about 10% of our prospects with in flight implementations decreased their deliberate providers work for the upcoming yr.” Providers are necessary for Manhattan. They signify over 50% of the corporate’s revenues.
