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MarketScreener Homepage  >  Equities  >  SAUDI ARABIA STOCK EXCHANGE  >  Wafrah for Industry and Development SJSC    2100   SA0007879220

WAFRAH FOR INDUSTRY AND DEVELOPMENT SJSC (2100)
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Wafrah for Industry and Development SJSC : Egyptian Retailer Kazyon Selects iVend Retail for Its Expansion Strategy

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03/02/2018 | 03:01am EST

Fastest-Expanding, Egyptian Supermarket Will Deploy iVend Retail Integrated Omnichannel Suite to Modernize Retail Operations and Support Growth Plans

Cairo, Egypt, March 02, 2018 --(PR.com)-- iVend Retail by CitiXsys, a recognized market leader in retail technology solutions, today announced kazyon, Tawfeer for Food Products, S.A.E. has selected iVend Retail to modernize its retail operations and implement an omnichannel strategy aligned with growth and customer expectations.

In its fourth year of business, kazyon has become one of the fastest growing retailers in Egypt, with 300 stores. The retailer has plans to grow to over 1,000 stores over the next three years, double its warehouse capacity and serve all regions of Egypt via its own fleet of vans and trucks.

With iVend Retail, kazyon will benefit from an integrated suite of omnichannel applications designed to harmonize retail operations across sales channels and build customer loyalty through delivery of consistent shopping experiences. iVend Retail will also enable the retailer to optimize pricing, draw upon a single stock pool to ensure the right inventory at the right location at the right time to improve sales, and reduce on-hand inventory and markdowns.

The high scalability and out of the box rich automations and functionalities in iVend Retail fits the retailer’s aggressive expansion plans. A first phase roll out across 370 planned stores will deploy iVend Point of Sale, iVend Web Viewer for role-based online access to iVend Reporting & Analytics intelligence dashboards and integration with existing enterprise resource planning, SAP IS Retail. The second phase will include millions of iVend Loyalty member accounts and iVend Passes digital notifications, plus iVend Handheld inventory management, versatile iVend Mobile point of sale and integrated online commerce module, iVend eCommerce to integrate with call centers to utilize home delivery services.

By integrating retail solutions across the organization, iVend Retail will aid kazyon in its growth plans and support its mission to serve customers with high quality service engagement and products at the best prices.

“As we move to more than double our operations in the next five years, the challenge was to find a software partner who understood our business and had the ability to support the speed of our expansion,” said Ismail Hafez, Marketing Head, kazyon, Tawfeer for Food Products, S.A.E. “The comprehensive omnichannel capabilities we are gaining from iVend Retail give us confidence in their ability to support us today and as we grow and mobilize our sales channels.”

About iVend Retail
iVend Retail is an integrated omnichannel retail management solution by CitiXsys that helps retailers to optimize business operations to gain more time to focus on what really matters – cultivating customer engagement and capitalizing on retail trends. iVend Retail is the chosen retail management platform for thousands of retailers in over 85 countries. Our high quality and cost-effective integrated retail solutions help retailers increase revenue, build customer loyalty, reach new customers and lower their operating costs. More than 1,500 retail brands rely upon iVend Retail to deliver consistent, personalized, and seamless shopping experiences across all channels. Learn more: www.ivend.com

Contact Information:
CitiXsys
Mia Farber
+1 212 745 1365
Contact via Email
ivend.com

Read the full story here: https://www.pr.com/press-release/746214

Press Release Distributed by PR.com

Copyright © 2018 PR.com and its licensors , source US Press Releases

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Managers
NameTitle
Zenan Salim Ali Al-Yami Chief Executive Officer
Khalid Abdulaziz Abulrahman Al-Majed Chairman
Osman Mohamed Tom Bakhit Chief Financial Officer & Contact Person
Turki bin Masoud Mahdi Al-Abbass Executive Director & Managing Director
Tareq Emad Abdelelah Nasief Independent Non-Executive Director
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