FMCG outlets and EBOs of the group’s retail organisations will be part of the digital transformation with Intellect’s iRetail Business Suite
(India), 29 November, 2017: Intellect Commerce has been selected by Future Group to deliver an Enterprise Retail Management Suite – iRetail, designed to transform end to end retail store management across procurement, inventory management, demand planning and financial reporting functions for its smaller formats and franchisee outlets.
Future Group has retail organizations running under its umbrella and will look at selectively bringing them onto Intellect Commerce’s iRetail Business Suite as it continues to expand and increase operational efficiencies, improve the service levels through adoption of new technology applications and facilitate a seamless integration framework with SAP at the back-end for financial consolidation across the chains vis-à-vis retail brands.
Priyan Nair, CIO – Retail Division, Future Group, said, “Our priority was to find a capable technology partner who can match up to our speed and provide a stable solution with proven technology stack. We are a large group of companies with multiple 3rd party integrations and currently expanding even further in retail and other businesses. Intellect Commerce’s iRetail was impeccable in all parameters that we had based our evaluation on, from stability to functionality, robustness, ability to integrate in heterogeneous environment with 3rd party solutions, experience and retail vision”.
Ed Khatuka, CEO,Intellect Commerce said, “We are delighted to be selected for this project and look forward to support digital transformation through our stack of technologies, currently running on Nilgiris – under Future Group. Our focus is to bring in uniformity across all the retail chains in turn lowering the TCO with the support of our high speed solution.”
Intellect Commerce Limited, formerly known as Polaris Retail, provides full spectrum true Omni-channel solutions (Brick & Mortar, E-Commerce & Mobility) for Retailers across various verticals like FMCG, Fashion & Lifestyle, Specialty and F&B.
Intellect Commerce's strength is in its agile customer centric modular product platform that enables commerce across multiple channels, leveraging single view of inventory and customers which not only reduces the supply chain cost but also enhances customer value proposition.
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Future Group is one of India’s retail pioneers with multiple retail formats and connecting community of Indian buyers, sellers and businesses. The collective impact on business is staggering: They have around 400 million walk in customers in their stores each year and choose products and services supplied by over 30,000 small, medium and large entrepreneurs and manufacturers from across India. With more than 20 million square feet of retail space, and presence in more than 250 cities and 1405+ stores, Future Group is one of the largest Retailers in the region. Refer website:www.futuregroup.in
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