Manhattan Associates Announces Strong Growth in Asia Pacific Region

by Press Release on 2011-03-14

Investments in both new and established markets pay off with strong growth in revenues and margins in the Asia-Pacific region in 2010

SYDNEY and Atlanta – March 14, 2011 – Global supply chain optimisation provider Manhattan Associates, Inc. (NASDAQ: MANH) has announced strong growth in software revenues for the Asia-Pacific (APAC) region for 2010. Total APAC revenue for 2010 was US$16 million, representing a 32% increase over 2009. The result was revealed as part of the Company’s fourth quarter 2010 financial results, announced February 1, 2011. This was achieved despite the continuing challenges presented by the global economy during the course of the year. In addition, GAAP operating income for the APAC region in 2010 totalled US$2.4m, representing the region’s highest full year GAAP operating income performance ever.  

Manhattan Associates has operations in Australia, China, India, Japan, Singapore, and works closely with a number of leading partners from across the region active in more than 15 countries.  40 companies extended their business relationship with Manhattan Associates during 2010 to optimise their distribution capabilities. More than 130 Manhattan solution experts plus supply chain specialists from local partner organisations are focussed on serving clients in the APAC region and they are backed by close to 2,000 Manhattan employees located around the world.  

During 2010, Manhattan Associates in APAC reached several key milestones and recorded a number of significant customer and business successes:

It now has more than 120 licensed customers across the region focused on optimised distribution management and relying on Manhattan’s solutions

Appointed a new managing director to spearhead the company’s growth in the Australia and New Zealand region, strengthened the sales team for the market and added multi-channel retail industry specialists to work across the Asia-Pacific region.

The company was named ‘Asia Pacific WMS Provider of the Year 2010’ by Frost & Sullivan and this is the third year in the row Manhattan has won this Asia Pacific regional award. 

For the second consecutive year, Manhattan was named winner of the ‘Top 10 Business Software in SCM Industry’ and ‘Top 10 Business Software in Logistics Industry’ categories at the ‘Annual Top-lists of Business Software in China, 2010’

Manhattan won the China Logistics and Purchasing Federation Award for ‘Best IT Project in 2010’

Manhattan launched Zero Disappointment Retail™, supply chain optimisation capabilities that enable retailers to increase revenue by saving every sale and presenting a consistent brand experience to customers across every selling channel: traditional brick and mortar stores, Internet, catalogue, call centre, television and mobile

Manhattan announced key wins at some of the region’s leading companies including Samsung,  Mitsubishi Motors and Itochu, and made great progress with a number of projects, particularly in China, taking new sites live at many companies including supermarket chains QKL Stores and BuBuGao, pharmaceuticals distributors Lerentang Group and Sinopharm, and logistics services providers Shenzhen Easttop and Guangzhou Fengshen Logistics

Other customers from across the region including leading DVD distributor in Australia and New Zealand Magna Home Entertainment and Australian apparel wholesaler Fashion Biz completed smooth system upgrades allowing them to benefit from new functionality and added optimisation capabilities available in new product releases.

Jeff Baum, Manhattan Associates’ senior vice president, APAC, commented, “2010 was a strong year for Manhattan in the region and I would like to thank both new and existing clients for the faith they have shown in Manhattan and our partners. With supply chain complexity on the rise and markets changing rapidly, we look forward to continuing to work closely to help contain costs, optimise inventory, and pursue perfect order management and fulfilment across a growing number of channels.”

About Manhattan Associates, Inc.
Manhattan Associates continues to deliver on its 21-year heritage of providing global supply chain excellence to more than 1,200 customers worldwide that consider supply chain optimisation core to their strategic market leadership. The company's supply chain innovations include: Manhattan SCOPE® a portfolio of software solutions and technology that leverages a Supply Chain Process Platform to help organisations optimise their supply chains from planning through execution; Manhattan SCALE™, a portfolio of distribution management and transportation management solutions built on Microsoft .NET technology; and Manhattan Carrier™, a suite of supply chain solutions specifically addressing the needs of the motor carrier industry. For more information, please visit www.manh.com.