Shaun Rosen, Chairman, 3Q Holdings Making the right merchandising assessment is critical to drive returns and margin. With millions of items on shelves, a comprehensive merchandise planning solution with modern and sophisticated features is a necessity to manage day-to-day store level decisions. Based out of Irvine, California, Island Pacific, a subsidiary of 3Q Holdings, is delivering retail merchandising and store operations solutions. Island Pacific services optimize point of sale and store operations environment with inventory precision, flexible screen designs, and robust customer data capture, reducing cost and increasing efficiency throughout an organization.
Island Pacific’s software helps retailers ensure they have the right product range at the right time across all retail touch points. The firm’s forecasting, merchandise and assortment planning, allocation, event planning, replenishment and merchandising solutions allow dealers to constrain sales and profitability without compromising customer experience. The firm’s comprehensive software-Island Pacific SmartSuite (IPMS) is the leading Omni-channel merchandise management and store operations management solution. “Island Pacific Smart Suit provides a state of the art user interface which allows Island Pacific customers to present to their user community a much more intuitive and meaningful user interface,” says Shaun.
Rosen, Chairman, 3Q Holdings. IPMS is available as a complete integrated system, or as a series of feature-rich, stand-alone modules that allow retailers to select the modules as per their business needs. The modules work together to ensure data integrity and a granular view of information across all of the stores, warehouses and head office.
The IPMS is also featured with strategic planning, Purchasing, Distribution, Replenishment and Pricing Automation that are inevitable in retail merchandising.
IPMS provides a state-of-the-art user interface which allows customers to present to their user community a much more intuitive and meaningful user interface
The services are also fortified with customer management with insights into customer behavior pattern and loss prevention by creating users with varying permission levels. One of the key benefits is its ability to work as an end-to-end solution to manage all the channels of a retail firm by providing tools to drive intelligent merchandise decisions. The software has a flexible product hierarchy that allows to manage multiple, varied products and Planning across all channels. It is designed with replenishment algorithms that ensure that the right stock is in the right place at the right time. The flexible product management allows retailers to access product information efficiently.
One of the successful implementation of IMPS was at L.K.Bennett, a leading accessible luxury brand and feminine footwear specialist fashion house in Europe. Utilizing Island Pacific’s solutions the firm now holds intuitive role based defined screens while taking all the core data within Island Pacific’s solution with complete data integrity. L.K Benett can now create user defined formulas and exception analysis within the application allowing the team to quickly focus on the exceptions within the business. Ultimately, it provides faster access to key data helping the team in making faster and more informed decisions.
With 35 years of experience in the merchandising industry and thereafter the acquisition by 3Q Holdings in 2007, the firm has grown to be the leader in retail software solutions. The team at Island Pacific has gained reputation for consistently delivering high-quality, high-reliability software to retailers across the US, UK, Australia, New Zealand and Asia. The leadership is focused on expanding its services around the globe across diverse client base and implementing innovative technology into merchandising services.