Fujitsu and Retek Announce Retail Solutions Sales Collaboration

Fujitsu Limited and Retek Inc. today announced that they have agreed to collaborate in incorporating Retek's popular merchandise optimization, planning, operations and management software package, Retek10, as part of Fujitsu's suite of comprehensive solutions for major fashion retailers, electronics superstores, supermarkets and other large retailers in the Japanese market. The integrated solutions will encompass all aspects of retail operations, including management of store operations, inventory and merchandising, sales, customer information, and logistics, as well as supply chain management and product demand forecasting. Following the launch of solutions incorporating Retek 10 in Japan from July 10, Fujitsu will consider introducing these solutions to customers in overseas markets, particularly Asia.

Fujitsu currently offers a wide range of retail solutions, such as GlobalSTORE and B-STOREPOWER software packages for store operations management,i-Retail/ASP for customer-relationship management, and CollaboAgent for supply chain management, and it has developed numerous large-scale customized merchandising systems according to specific customer requirements.

Retek10 is built around a core of advanced merchandising functions and has achieved a track record of success with major retailers in the U.S. and Europe. Its integrated process flow combines collaborative software for inventory control, ordering, distribution and sales with predictive technologies for product forecasting.

Against a backdrop of ever-sharper competition and weak consumer spending, retailers in Japan need to offer a selection of products that are more closely attuned to customer requirements and to operate more efficiently on the basis of reliable real-time information. By teaming up with Retek, Fujitsu will be able to offer solutions that help customers revamp the important areas of product management and business collaboration as well as the merchandising that underlies them. This will enable customers building large-scale retail systems to quickly implement best practices without requiring customization.

As part of their collaboration to integrate Retek 10 into Fujitsu's retail solutions offerings, Fujitsu and Retek will undertake joint promotions targeting large retailers and will offer joint support services, covering consulting, installation, and operations.