MINNEAPOLIS, MN – June 16, 2009 – OLR, a leading specialty retail systems integrator, has formed a strategic partnership to implement, resell and support Quantum Retail’s revolutionary inventory optimization solution, Q, in the Asia Pacific (APAC) market.
Commenting on the partnership, Ken Wehr OLR’s founder and CEO, said, “We chose to partner with Quantum because its solution Q has demonstrated rapid, measurable return on investment for retailers that have implemented it to date.”
OLR specializes in helping retailers around the world embrace technology to transform their merchandising, supply chain, and planning processes. The partnership will extend Quantum’s reach to APAC while providing OLR with the ability to offer existing clients in the region a new inventory management solution that can be implemented quickly and cost effectively. OLR will also offer existing Quantum customers around the world the option of 24/7 support.
“Our decision to bring on OLR as our APAC channel partner was simple, thanks to its talented, experienced staff and outstanding reputation in the retail community,” commented former Quantum CEO Tarik Taman. “Having worked with OLR extensively in the past, I am confident that its customers will reap the benefits of its expertise and Q’s unique ability to unlock unprecedented value for retailers.”
About Quantum Retail Technology, Inc.
Quantum Retail answers the new questions facing retailers with a merchandise optimization suite designed for the increasing pace and complexity of the consumer revolution and today’s competitive landscape. Quantum Retail’s solutions solve the most difficult and costly problems retailers face – quickly and permanently. Our Q solution is the answer for: Forecasting and Order Planning – Replenishment and Allocation – Assortment and Range Planning.
Follow Quantum Retail on Twitter @quantumretail
