Targeted Strategies for Today's Evolving Markets

MissionIR Blog

Retalix Ltd. (RTLX) – Helping Retailers Operate Efficiently

You know you’re well on your way to building for future enterprise growth when over 50 percent of the ‘top 50′ food retailers and food distributors in the U.S. use your product. That’s the case with Retalix Ltd.’s software solutions, which they offer to retailers and distributors on a global basis. Headquartered in Ra’anana, Israel, and with offices in Dallas, Texas, Retalix is an independent provider of enterprise-wide software for business. Founded in 1982, they trade on NASDAQ.

The company offers a portfolio of software applications that automate and synchronize essential retailing, distribution, and supply chain operations. This enables enterprises to integrate headquarters, warehouses, and stores into one efficient operation. Retalix serves grocery chains, convenience and fuel retailers, food and consumer goods distributors, and independent grocers.

Retalix offers in-store operational and management tools for point-of-sale, front office, and back-office operations. They also provide solutions that enable in-store personnel to carry out back-office tasks using mobile computing devices. Their enterprise headquarters solutions centralize the operation and management of product and price planning and management, promotions, merchandising, inventory management, receiving and ordering, and reporting and analysis. Retalix has Software-as-a-Service (SaaS) and supplier software, which helps suppliers and retailers trade data and collaborate online for supply chain and merchandising decisions.

The company also offers customer-management software solutions, for personalized and targeted promotions and the like. In addition, they offer supply chain and warehouse management software, which manage multiple warehouses and distribution centers. Their applications aid order management, invoicing, and automated procurement, to name a few processes. The company also offers food-distribution enterprise resource planning products. These help companies manage purchasing, ordering, billing, warehouse management, and accounting, among other activities.

This week, Retalix announced that Associated Food Stores is replacing two legacy warehouse-management systems in Montana with the Retalix TRICEPS solution. Associated is also expanding their use of the system at their headquarters distribution center in Salt Lake City. Associated Food Stores, a Retalix TRICEPS user since 2000, is a cooperatively-owned wholesale distributor.

Retalix continues to work to provide software that aids enterprise operations. The company has 1,500 employees in various subsidiaries and offices around the world. They have their products installed in over 40,000 sites across more than 50 countries. Their software solutions are part of approximately 300,000 checkout lanes. They hope to maintain this growth to keep their investors in the fast lane to greater profits.

Let us hear your thoughts below:

This entry was posted in Small Cap News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *