INVENTORISTE : Ivalis teams with OCS Asset Solutions in pan-European sales partnership for retail inventory management

14 January 2016
After market close

Ivalis teams with OCS Asset Solutions
in pan-European sales partnership
for retail inventory management

Ivalis Group has announced a pan-European co-operation agreement with OCS Asset Solutions, which both parties claim will create a number one provider for outsourced retail stocktaking services in Europe.

Under the terms of this partnership, Paris-based Ivalis Group and Crawley-based OCS Group will offer to new and existing international retail clients an expanded geographical coverage for outsourced inventory management services across Europe, North Africa, South America and Asia. Both companies will use selected and experienced staff to provide a full range of inventory services, including stocktaking, supply chain audit and loss prevention.

"With a full coverage of UK and Ireland through OCS Asset Solutions, Ivalis can now offer to international retail clients an even more global outsourced inventory management service that maps on to the footprint of their store locations. The joint proposition is supported by standard systems and procedures that are focused on achieving accuracy across borders in a joint account management approach which means clients have a single point of contact," said Frederic Marchal, CEO of Ivalis Group.

Ivalis says that international retail clients are seeking new depth when buying outsourced stocktaking services and demanding a comprehensive outsourced service with a single point of contact that allows them to focus staff on their core business of retailing.

"When choosing a supplier, the most competitive and forward-looking retailers want to avoid just hiring in agency staff. Instead, they see the outsourcing project as an opportunity to improve accuracy and want to work with specialized project teams who can deliver productivity gains and insights that generate value across the supply chain. Both companies have a track record of recruiting and retaining top quality people, which means we offer professional management in each country with local knowledge and well-motivated staff who are focused on delivering world-class customer service," said Frédéric Marchal.

"At the same time, we see demand for a broader range of specialist services in outsourced retail inventory work that can integrate seamlessly with the retailer's core operations for reporting and operate across borders with consistent quality. This strategic partnership developed with OCS expands our geographical coverage to UK and Ireland and enables us to offer a complete European service using our own professional in-house staff to ensure quality and consistency" he said.

"This new partnership between Ivalis and OCS means we can offer international retail clients the assurance of quality of service and co-ordination across all European countries, with one unique process and reporting" said Lois Heywood, managing director of OCS Retail and Asset Solutions. "Both our companies share a great track record of delivery of verification services and a commitment to delivering innovation and value going forward."

Ivalis Group already operates in twenty countries and owns subsidiaries in ten, with a number one or two market position in each market. The company provides retail and supply chain clients with outsourced stocktaking, supply chain audits, radio-frequency tag identification (RFID) solutions, geolocation services and electronic shelves labels installation. Founded in 1991, Ivalis reported sales of €58m for the 2014 financial year.

OCS Asset Solutions is part of the OCS Group - an international total facilities management (TFM) provider, operating across 5 continents and employing more than 91,000 people in 50 countries worldwide. Turnover of OCS Group Limited was £871 million (for the year ending March 2014). OCS ranked 71st in the Sunday Times Top Track 100 for the UK's top 100 private companies in June 2014.

For more information, contact:

Christophe Dupont on [phone]
[e-mail]:
mailto:[e-mail]

Gareth Thompson on [phone]/[phone]
[e-mail]:
mailto:[e-mail]

* * * * * * * * * * * * * * *

IVALIS is a leader in continental Europe in inventory outsourcing in all retail sectors (hypermarkets, supermarkets, DIY, textiles, jewelry, sports, gardening, culture, entertainment and logistics). The group holds subsidiaries in France, Germany, Spain, Italy, Belgium, the Netherlands, Switzerland, Austria, Brazil, an agency in Portugal and a franchise in Morocco. Its subsidiaries deliver services to all countries in the European Union, Russia, Turkey and Latin America.   IVALIS is listed on Alternext Paris - Mnemonic ALIVA - ISIN Code FR 0010082305

A C C U R A C Y   A N D  R E L I A B I L I T Y   O F   Y O U R   S T O C K S
www.ivalisgroup.com

Press release (PDF):
http://hugin.info/152257/R/1978930/724794.pdf

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IVALIS via Globenewswire

HUG#1978930