Future Group selects Intellect Commerce to deliver Retail Management services

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 backend for financial consolidation across the chains vis-à-vis retail brands.

Speaking on the same, 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 third-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.”

Also from Intellect Commerce, CEO Ed Khatuka, 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 the 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.”