The Iconic Century 21 NYC Selects Jesta I.S.’s ERP & Mobile Inventory Management Software to Power its Triumphant Return to Retail
23 May 2024 - 4:15PM
Business Wire
Jesta I.S., a pioneer in the development of transformative
enterprise suites for omnichannel retailers, wholesalers and brand
manufacturers, is excited to announce that Century 21 NYC, the
original off-price fashion destination offering a unique selection
of high-end brands, emerging designers and everyday favorites, has
selected the company’s cloud Merchandising ERP and Analytics, the
foundation of its end-to-end Retail Management Suite, to replace
its legacy system and drive its growth. Century 21 NYC made the
thoughtful choice after a rigorous selection process following the
triumphant May 2023 reopening of its iconic flagship location in
Manhattan.
The Jesta unified commerce ERP solutions that the revitalized
Century 21 NYC will leverage include Trade Management, Assortment
Planning, Allocation, Automated Replenishment, Pricing and
Promotions, Mobile Store Inventory Management, Financials, Sales
Audit, and Analytics. Point of Sale, Omnichannel Order Management,
Loyalty and CRM are being considered for a future project
phase.
Founded in 1961, Century 21 NYC invites global shoppers to
explore an expertly curated selection of today’s most sought-after
brands as the department store resumes its role as a pillar of NYC
shopping. Jesta’s foundational cloud Merchandising ERP, anchored by
Master Data including Product Information Management (PIM), will
provide Century 21 NYC with powerful, centralized, real-time
enterprise visibility of omnichannel inventory, order journeys and
customer data for invaluable gains in departmental cohesion,
collaboration, efficiency and reliability.
By leveraging Jesta’s proven ERP, which has been purposely and
organically built to drive fashion retail, Century 21 NYC will:
- Optimize customer-centric buying and inventory management,
including the mobile tracking of merchandise in physical
stores.
- Maximize the efficiency and accuracy of comprehensive
pre-season planning and in-season forecasting.
- Automate and accelerate complex accounting and financial
processes, including three-way invoice matching.
- Centralize the management of promotions and temporary/permanent
price changes and achieve a complete view of the overall impact of
all changes.
- Improve two-way communication between global vendors and the
Century 21 NYC head office via a centralized portal for inquiries,
updates and document sharing.
- Sync data between the head office, store and e-commerce systems
more efficiently and in real time in a reliable and stable
environment.
Jesta’s excellence in supporting these business priorities as
well as driving profitable, data-driven decisions, and facilitating
seamless, third-party integrations with other critical systems
cemented Century 21 NYC’s decision to partner with the company.
Jesta has been helping global fashion brands grow for over 50
years.
Larry Mentzer, COO at Century 21 NYC, said: “We’ve put a lot of
technology into the reimagined Century 21 NYC to eliminate friction
in the brand experience. Jesta’s cloud ERP solution will improve
data visibility, availability and accuracy as well as many business
processes across the Century 21 NYC organization. The system will
enable us to focus on what we do best: procuring great designer
merchandise and offering seamless in-store experiences so that
Century 21 NYC can get back into growth mode.”
“Jesta’s cloud Merchandising ERP anchored by composable and
scalable architecture, and optimized by an unmatched analytics
engine is designed to help retailers like Century 21 NYC navigate
and scale complex digital transformations,” Arvind Gupta, President
at Jesta I.S., said. “Century 21 NYC is an iconic and resilient
institution. We’re thrilled to be a partner in their remarkable
comeback journey.”
About Jesta I.S.: Trusted by major fashion apparel,
footwear and accessory brands for 55 years, Jesta I.S. is a pioneer
in the development of end-to-end suites for emerging brands
aspiring to scale and established brands migrating to the cloud on
a limited budget.
Jesta’s Vision Retail Management Suite for omnichannel retailers
bridges gaps and ignites collaboration between the head office,
warehouse, store, and e-commerce teams. Jesta’s Vision Supply Chain
Management Suite for wholesalers and brand manufacturers optimizes
product journeys from concept to consumer. Leveraging a Master Data
foundation, both suites provide IT stability, earning the trust of
IT leaders, and equipping all departments with data-driven
executable modules for operational excellence. Customers include
Cole Haan, DSW, Genesco, JD, Harry Rosen, Perry Ellis, and Puma.
Learn more at jestais.com.
About Century 21 NYC: Century 21 NYC, an icon for more
than 60 years, is legendary for its exceptional offering of
designer brands at amazing prices. The brand will continue to be
run by the Gindi family and regain its position as the leader in
high-end, off-price fashion retail. For more information, follow
Century 21 Stores on Facebook and @Century21Stores on Instagram and
visit c21stores.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240523145804/en/
Camille Chin, Marketing Communications Specialist, Jesta
I.S., marketing@jestais.com