New York, NY – August 2, 2012 – Jesta I.S. Inc., a leading provider of enterprise business solutions for retailers, manufacturers and distributors primarily in the apparel, footwear and soft goods industries worldwide, announced today that CP Lotus, a subsidiary of the Charoen Pokphand Group in China, is upgrading to the latest version of Vision Merchandising.
CP Lotus, one of the largest supermarket chains in China, based in Shanghai, has announced plans to upgrade their core merchandising system to the latest version of the merchandising module of Jesta I.S.’ Vision Suite. CP Lotus currently operates 68 hyper malls, 4 supermarkets and 2 express stores, which offer everything from pharmaceuticals and electronics to fresh food, all under one roof. A typical Lotus supermarket and hypermarket has a large portion of the total space devoted to concessions and leased areas which are managed by third party vendors and service providers. In China’s competitive food and supermarket environment, Lotus is aggressively trying to introduce several additional store formats, including boutique coffee shops and convenience stores. The innovative features included in the latest Vision Suite offering will provide increased visibility and seamless flow across various formats, which motivated Lotus’ decision to upgrade.
CP Lotus has been a partner with Jesta I.S. for over seven years, and has a multitude of other third party systems in its rather complex business environment. One of the difficulties with having such a heterogeneous and complex environment is the fact that some systems become too far removed from the base versions to ever be upgraded. “One of the core values internalized by Jesta I.S. in its product engineering and implementation teams is to never leave a customer behind. In order to allow for an easy upgrade and minimal change management issues, Jesta I.S. has a unique zero customization product development and delivery model, where every system enhancement completed during an initial implementation gets baked back into the base version”, said Arvind Gupta, EVP Development and Client Strategy at Jesta I.S. For an organization the size of CP Lotus, managing the impact of change due to system upgrades becomes a critical factor in the decision to upgrade.
“CP Lotus really wanted to leverage opportunities offered by the latest version of Jesta I.S.’ Vision Suite. In particular, the advanced features of Vision Forecasting, Vision Replenishment, and Vision Planning will play a significant role in helping Lotus differentiate itself from its competitors by being better at execution.” said Joseph Ho, CIO of CP Lotus
“China is a very important market for Jesta I.S. and the potential for growth is immense. Being in China for over six years, and working with CP Lotus has enabled us to truly localize our solution to best fit the local business environment” said, Moris Chemtov, president, Jesta I.S. Inc.
About CP Lotus
CP Lotus is a subsidiary company of CP Group. In China, the first CP Lotus store was opened in Pudong, Shanghai on June 23rd, 1997. After 15 years of dramatic growth, CP Lotus has been one of the largest foreign invested chain retailers. Currently, CP Lotus runs 68 hyper malls, 4 supermarkets and 2 express stores, Louts Life Station. CP Lotus’ outlets are located throughout 13 provinces & municipalities, such as Shanghai, Guangzhou, Beijing, Xi’an, Wuha and Qingdao among others. www.cpthailand.com
About Jesta I.S.
Jesta I.S. is a leading supplier of enterprise business solutions for retailers, manufacturers and distributors in the apparel, footwear and specialty industries worldwide. Jesta I.S. is recognized for its expertise, innovative products and services as well as its commitment to delivering efficient business solutions in today’s consumer-oriented marketplace. Jesta I.S.’ solutions support essential business management information for global industry leaders including Perry Ellis International (NASDAQ: PERY), PUMA (German: PUM), Genesco Inc. (NYSE: GCO), Town Shoes Limited, Cole Haan, Haggar Clothing Co, Cavender’s Boot City, DSW Inc. (NYSE: DSW), A|wear, Lotus Supercenter, Fanvision as well as many others.
Copyright (2012) Jesta I.S. Inc. ALL RIGHTS RESERVED. All information contained in this document is the property of Jesta I.S. Inc. Vision Store, is a trademark of Jesta I.S. Inc. All other company and product names are trademarks or service marks of their respective owners.
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