MIAMI, FLORIDA January 15, 2018 – Mi9 Retail, a leading provider of omni-channel retail software, announced today that it has acquired JustEnough Software, a leader in demand management solutions for retail, wholesale and direct-to-consumer businesses worldwide. The acquisition of JustEnough adds best-of-breed planning, allocations, and replenishment solutions to the Mi9 Retail platform of integrated, analytics-driven merchandising, store, and digital commerce solutions.
According to Gartner, 70% of Tier 1 multichannel retailers will have implemented advanced retail assortment management applications by 2021. Customer-centric demand planning and management is replacing the traditional product-centric approach as retailers strive to create great experiences for their customers across channels. Advanced analytics help retailers provide store-specific assortments that reflect specific customer behavior segments.
“We did an extensive evaluation of the market for demand management solutions and JustEnough stood out as a clear winner,” said Neil Moses, CEO of Mi9 Retail. "We believe that JustEnough solutions provide a substantial ROI that will further our goal of providing Mi9 Retail customers with a significant competitive advantage."
The JustEnough Demand Management solutions are an ideal fit with the Mi9 suite, and will provide current customers and future prospects of both companies with enterprise merchandising and planning that scales to the needs of Tier 1 and 2 retailers. Going forward, JustEnough solutions will continue to be sold both as standalone or as integrated functionality in the Mi9 Unified Retail Suite.
“Today is an exciting day for JustEnough”, said Malcolm Buxton, President and CEO of JustEnough. “The power of the Mi9 solutions combined with JustEnough’s enterprise retail planning and demand management will give retailers the ability to optimize their entire supply chain planning process with a single solution vendor.”