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On QUE 2013: Top International Retailers meet to discuss the next generation of Retail Technology Solutions

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News provided by

Quantum Retail Technology, Inc.

16 Oct, 2013, 12:00 GMT

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-- Quantum Retail User Event draws global audience to discuss the evolution of the Retail landscape and leveraging technology to meet new demands

MINNEAPOLIS, Oct. 16, 2013 /PRNewswire/ -- Quantum Retail Technology™, Inc., the industry's premier innovator of retail-focused supply chain management and inventory optimisation software solutions, hosted its international Quantum User Event (QUE) September 24 through 26 in Minneapolis. Executives from many of the world's largest and most successful retailers were on hand to discuss current and future retail market trends and the use of technology to meet those challenges. Quantum User Event sponsors included Capgemini, Deloitte, IBM, Oracle, and Zensar.

(Logo: http://photos.prnewswire.com/prnh/20131016/CL98132LOGO )

"Retail continues to be a rapidly evolving environment, one which requires a combination of targeted retail science and an on-going need for increasing nimbleness to meet those challenges," said Quantum Retail's CEO Steve Buege. "The QUE conference has been an ideal forum for Quantum to join with its clients and partners to share insights, define and refine best practices and collaborate about new ideas."

Many retail functions including forecasting and order planning, assortment and range planning, and allocation and replenishment continue to evolve quickly in today's Omni channel retail environments.  The QUE Conference focused specifically on addressing those challenges based on established best practices and sharing solutions proven effective for fast paced retail environments.  A number of Quantum's clients offered their thoughts regarding keys areas of value.

"At New Look we are leveraging the Quantum solutions to tackle the ever evolving challenges that we, as a multi-channel retailer, face on a daily basis," said Richard Lister, Merchandise Analytics Manager for New Look. "Meeting with other global retailers to discuss how retail is evolving, to share best practices and to offer input into the Quantum product roadmap was an invaluable experience."

Geoff Lloyd, Consultant Programme Manager at TALLY WeiJL Trading AG included, "QUE was extremely valuable. With an excellent speaker line-up, the conference agenda was relevant, topical and informative. A good mix of retailers from across the globe provided a useful opportunity to discuss and debate the changing retail landscape and share experiences. QUE was well organised and enjoyable; it was time well spent away from the frontline and it's not often you can truly say that about a user conference."

"Quantum solutions drive millions of decisions for our clients every day," added Morgan Day, Quantum's Vice President of Corporate and Account Strategy. "The QUE conference provides an annual opportunity to rise above the everyday transactions and spend some time strategising with our clients regarding the best ways to leverage retail science in more visionary ways as we look to the future."

About Q™

The Q software platform is Quantum Retail's answer to today's increasingly complex retail market. As consumer demand becomes less predictable and as buying patterns shift, many of the world's most successful retailers utilise Q to provide answers to their toughest marketplace challenges across their channels. Q combines deep retail and merchandising intelligence with a dynamic technology engine that adapts to a retailer's needs and makes changes based on their requirements and how their customers are behaving. The Q system continuously learns and dynamically analyses and responds to changes in demand for every product and store location to maximise value for retailers of all types.

About Quantum Retail Technology, Inc.

Quantum Retail Technology is the industry's leading innovator of retail-focused supply chain management and inventory optimisation solutions designed to increase retailer's profitability in an increasingly dynamic marketplace.  Many of the world's top retailers are already Quantum clients. Quantum is privately held and is headquartered in Minneapolis, Minnesota. For more information on Quantum Retail Technology, please visit our website at http://www.quantumretail.com

Quantum and Q are all registered trademarks of Quantum Retail Technology, Inc. All other trademarks are owned by their respective companies.

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