Manhattan Associates Inc Stock Price, News & Analysis

Manhattan Associates Inc. (NASDAQ: MANH) announced the winners of its Spotlight on Innovation Awards at Momentum 2024. The awards recognize companies that have excelled in using Manhattan's supply chain commerce solutions to expand their business, improve customer experience, and pioneer industry changes.

The winners include:

• Victoria's Secret for Best Retail Customer Experience
• Wayfair for Transportation Innovation Leader
• Floor & Decor for Inventory Innovator
• Schneider Electric for Most Sustainable Supply Chain
• Ngoc Phan of Nordstrom for Outstanding Woman in Supply Chain

These companies have demonstrated exceptional use of technology to enhance omnichannel shopping, optimize logistics, unify inventory management, decarbonize supply chains, and implement innovative supply chain infrastructure.

Manhattan Associates (NASDAQ: MANH) announced they will release their second quarter 2024 financial results on July 23, 2024, after market close. Following the release, senior management will host a conference call at 4:30 p.m. Eastern time, available via live webcast on the Investor Relations section of their website. To participate, investors should visit the site 15 minutes early for any necessary software downloads. A replay will be available shortly after the call, accessible by phone or via the web until the third quarter 2024 results are announced. Detailed financial performance information will be posted on their Investor Relations website.

Manhattan Associates (NASDAQ: MANH) has been awarded the 'Best Sustainability Initiative' at the 2024 EMEA VIP Awards for its Manhattan Active® Supply Chain technology. This technology helps organizations make eco-friendly decisions in supply chain and retail operations. It includes advanced Transportation Management Systems to cut emissions, intelligent algorithms to minimize packaging waste, and smart Order Management Systems to reduce unnecessary deliveries and returns.

Vicki Cantrell, CEO of Vendors in Partnership, highlighted the significant positive community impact of Manhattan’s technologies. Henri Seroux, Senior VP, EMEA at Manhattan Associates, emphasized that their solutions enable retailers to operate efficiently while minimizing environmental impact. The VIP Awards celebrate solution providers that enhance the retail ecosystem through innovation and long-term partnerships.

Manhattan Associates (NASDAQ: MANH) released its 2024 'State of Warehouse Operations' report, highlighting major challenges and opportunities in the supply chain sector. Conducted with Vanson Bourne, the study surveyed 2,000 global supply chain professionals from diverse industries. Key findings include that 97% of respondents believe their IT infrastructure needs modernization, 84% face staff retention issues, and 73% experienced increased goods volume in warehouses. Despite these challenges, 75% and 72% of organizations see Generative AI and robotics as beneficial for job satisfaction and workflow efficiency. Innovations in technology are essential for enhancing operations, meeting demand, and improving staff experiences.

Manhattan Associates (NASDAQ: MANH) has been awarded the Overall Innovation of the Year by SupplyTech Breakthrough Awards for 2024. This accolade was given in recognition of their Manhattan Active® Yard Management, which integrates distribution and logistics functions on a single cloud-native platform. The solution offers real-time insights and dynamic updates, aiding in the optimization of yard operations and bridging the gap between distribution and logistics. This achievement is part of Manhattan's broader vision of a unified supply chain, enhancing efficiency and visibility for warehouse and transportation management. The award underscores Manhattan's leadership in supply chain technology innovation.

Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in Gartner's Magic Quadrant for Warehouse Management Systems (WMS) for the 16th consecutive time. The company has held this position since the report's inception in 2006. Manhattan Active® Warehouse Management, a cloud-native solution built on microservices architecture, supports both medium complexity warehouses and large automated distribution centers. This innovative technology enhances operations beyond basic tasks, integrating behavioral science and gamification to improve labor management. Senior Director Adam Kline attributed this achievement to Manhattan's continuous innovation and comprehensive supply chain solutions.

Manhattan Associates (NASDAQ: MANH) announced the winners of the Spotlight on Innovation Awards at their annual Momentum 2024 event. These awards honor companies for their exceptional use of Manhattan’s supply chain solutions to enhance business operations and customer experiences.

Victoria's Secret won for Best Retail Customer Experience, Wayfair for Transportation Innovation Leader, Floor & Decor for Inventory Innovator, Schneider Electric for Most Sustainable Supply Chain, and Ngoc Phan of Nordstrom for Outstanding Woman in Supply Chain.

Manhattan Associates emphasized their commitment to providing cutting-edge supply chain solutions to help top brands deliver unique shopping experiences.

Manhattan Associates (NASDAQ: MANH) has announced Manhattan Active® Supply Chain Planning (SCP), a unified platform that integrates supply chain planning and execution systems. This innovative solution facilitates real-time, bi-directional collaboration, harmonizing inventory, labor, transportation, and resources to achieve common business goals such as reducing total landed cost or speeding up market entry. By eliminating the traditional silos between planning and execution, Manhattan Active SCP optimizes enterprise-wide operations. The platform employs AI to combine external and internal data for accurate demand forecasting and is cloud-native, scalable, and updated regularly. This solution completes Manhattan's vision of a unified supply chain ecosystem.

Manhattan Associates (NASDAQ: MANH) has unveiled Manhattan Active® Maven, a cutting-edge Generative Artificial Intelligence (GenAI) solution aimed at enhancing customer service. This innovative technology reduces operational costs while improving customer interactions. Manhattan Active Maven offers a GenAI-powered chatbot for consumers and a suite of features to boost customer service efficiency. This solution integrates seamlessly into Manhattan's omnichannel commerce platform, providing native access to order, payment, location, and product information. Additionally, Manhattan announced Manhattan Assist, a GenAI assistant that offers contextual responses and platform-level support for various roles and functions within the Manhattan Active suite. These advancements promise to redefine customer service with greater personalization, productivity, and cost savings.