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HDS Retail North America Strengthens Consumer Driven Strategy with TXT e-solutions and Ideaca - Ideaca Knowledge Services and TXT e-solutions announced today that HDS Retail North America, has selected TXT e-solutions’ TXTPERFORM2008 to strengthen their consumer driven strategy
HDS Retail North America Strengthens Consumer Driven Strategy with TXT e-solutions and Ideaca

 

NewswireTODAY - /newswire/ - Toronto, Ontario, Canada, 2010/03/25 - Ideaca Knowledge Services and TXT e-solutions announced today that HDS Retail North America, has selected TXT e-solutions’ TXTPERFORM2008 to strengthen their consumer driven strategy.

   
 
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Ideaca Knowledge Services and TXT e-solutions announced today that HDS Retail North America, a wholly-owned subsidiary of Lagardère Services, the world's largest travel retailer has selected TXT e-solutions’ TXTPERFORM2008 to strengthen their consumer driven strategy. The solution is part of TXT’s Supply Chain Management suite which will help HDS support the planning and replenishment processes of its 350 stores. TXTPERFORM2008 will be implemented by Ideaca, TXT’s preferred partner for the Retail market in Canada. Ideaca is a Gold Certified Microsoft partner who is currently supporting HDS with its strategic technology change and IT consolidation plans.

HDS Retail North America is a leader in re-energizing travel environments everywhere. With over 350 stores, they are engaging passengers in new and exciting ways with trendsetting solutions, cutting-edge concepts that are generating a higher return on investment and enhancing passenger experience like never before. The product range is large and includes anything from news and gifts, to specialty retail relevant to today’s traveler. Well known brands include: Relay, USA Today Travel Zone, Virgin, Brookstone and Discover.

TXTPERFORM2008 was chosen due to better functionality compared with other vendors, a better understanding of business processes, as well as the Microsoft technology used within the solution; complementing HDS’ long term Microsoft strategy. This will further enable HDS to move away from a fragmented and costly technology infrastructure and reduce TCO. Additional expectations from the project include increase in product availability, an improvement in margins and a significant reduction in the number of catalogue items.

TXTPERFORM2008 will be pivotal in supporting HDS’ strategy to move from a centrally orchestrated replenishment model to providing assortment at store levels across America. Specifically, the solution will provide the ability to support a blended replenishment model for both longstanding products as well as those with considerably shorter shelf life. The scalability of the solution will easily cover the 350 stores and 150,000 items supplied by several supply chains.

“What makes HDS so different is our ability to work closely with each of our clients to deliver a customized program based on their unique local environment and business goals. In doing so, we never lose sight of our primary objective: to have the right product on the rack for the traveler when they want it,” said Vadim Motlik, Chief Administrative & Chief Financial Officer, HDS Retail North America. “It was paramount for us to enhance our planning and replenishment processes with a solution that best suits our business model and needs. TXT and Ideaca have a wealth of experience in this area and we are delighted to be working with them.”

“TXT has proven expertise in a sector with a high number of SKUs and locations. We are confident that our solution is right for HDS and are delighted at this opportunity to further strengthen our position in the Retail industry by adding such a prestigious brand to our already large customer base,” said Stefano Lena, Global Sales Vice President, TXT e-solutions. “We are pleased to partner with an experienced partner in Ideaca to leverage Microsoft technologies, and help companies like HDS reduce their TCO and simplify their IT landscape.”

“We are very proud to be the strategic partner for HDS in their IT consolidation plans and to work with TXT as their main go to market partner for Retail, said Muneer Hirji, President and CEO, Ideaca. “TXTPEFORM 2008 is a must have in the Retail software stack for leading companies and Ideaca now has a complete solution portfolio for our Retail customers.”

 
 
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HDS Retail North America Strengthens Consumer Driven Strategy with TXT e-solutions and Ideaca

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ideaca Knowledge Services securities in any jurisdiction including any other companies listed or named in this release.

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