First chance for German customers to see complete range of Torex solutions
Berlin, GERMANY – January 21, 2008 – At EuroShop 2008 Torex Retail Holdings Limited (Torex™), the leading European-based global provider of software and solutions to the extended retail marketplace, will showcase for the first time its new product strategy and a wide range of solutions, in Germany (Düsseldorf 23 to 27 Feb. Hall 6, A79).
With its new organizational structure and a wide product portfolio, Torex is able to provide best-in-class, end-to-end solutions to the extended retail market, including retail, petroleum and convenience, fast moving consumer goods, and leisure, food & beverage markets. Torex products range from diverse POS solutions, loss prevention systems, to human capital management, warehouse management, supply chain management and business analysis.
Graeme Cooksley, President and COO of Torex, describes the company’s new strategy and market focus: "EuroShop provides us with a perfect opportunity to present our new solutions strategy to the German market and show how retailers can benefit from working with Torex by putting their customers at the centre of their business. Our global organizational structure, sound financial footing and extensive solutions portfolio makes Torex one of the leading suppliers to the retail sector worldwide."
In addition to the Torex LUCAS-POS (formerly Lucas) and Torex OSCAR-POS (formerly Lucas OSM) solutions, Torex is presenting its Torex Retail-J-POS and Torex DRS-POS solutions at EuroShop. In addition, Torex will be exhibiting Torex WFM-HCM (formerly Lucas WM) systems for workforce management and demand planning and Torex Compass-SCM a solution for merchandising and assortment planning, at its stand.
Torex will be exhibiting the following products:
Torex LUCAS-POS – an open standards-based front-end POS solution, providing retailers with a flexible and scalable system to meet their customer service requirements. Running on Java, Torex LUCAS-POS can run on either Windows or Linux machines - this ensures that retailers can benefit from an open, platform-independent solution that is highly configurable and quick to implement. As it is based on the ARTS Data Model and uses open XML based interfaces, Torex LUCAS-POS can also integrate with third party retail management, merchandising and stock solutions.
Torex OSCAR-POS – providing sophisticated Point of Service (POS), administration and management functionality for fast moving retail environments. Torex OSCAR-POS is designed to meet the highest levels of customer service through efficient management of transactions across the whole value chain. Torex OSCAR-POS ensures accurate sales and stock management, as well as giving retailers real-time visibility and control over their business operations.
Torex Retail J-POS – an integrated, network-centric suite of POS, store and central management applications designed to meet the needs of medium and large-size retailers. Torex Retail J-POS uses Java to create a platform-independent, flexible solution that offers greater functionality and resilience to retailers. Torex Retail J-POS solutions enable retailers to build a strong foundation for their business, while providing significantly reduced total cost of ownership and increased efficiency.
Torex DRS-POS – a fully integrated retail management solution, providing full Point of Service functionality as well as supporting merchandising and planning, sales and profit analysis and stock control functionality. The solution runs across the POS terminal, back office and head office to offer real-time communication and up-to-date information on business performance. Torex DRS-POS meets the needs of retailers of all sizes, from single stores through to global enterprises working in multi-language, multi-currency and multi-tax environments.
Torex Compass-SCM – a merchandising and assortment planning solution that delivers greater efficiency, higher profitability and lower levels of logistical costs and markdowns. This solution allows retailers to tailor their assortment and merchandising to meet the needs of individual stores using customer demographic, climatic and branch profile data, while also allowing a single point of control for multi-branch retailers. With Torex Compass-SCM, retail organisations can create the most appropriate range of merchandise across the company’s estate.
Torex WFM-HCM – a complete solution for retailers to plan their workforce management needs, ensuring that resources are utilised efficiently and costs are reduced. Torex WFM-HCM is a modular solution that can be easily and quickly customised to meet the retailer’s specific needs, achieving substantial cost savings through targeted staff planning and deployment, reduced processing times and greater accuracy in accounting and reporting.