Brightpearl acquires Ecommerce Helper Inventory Planner

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Brightpearl has acquired Inventory Planner, an industry-leading demand planning tool that enables e-commerce retailers to forecast inventory and optimize inventory.

With this acquisition, Brightpearl expands its technology offering to include advanced forecasting expertise. This pairs with its base retail operating system, which supports fast automation, first-class automation, and out-of-the-box connectivity.

It also marks the first milestone of a longer-term strategy Make Brightpearl the destination of choice for top performing products capable of streamlining backend operations and supporting rapid scalability.

This move will see Inventory Planner operate as a separate division of Brightpearl, with the parent company executing a significant investment program to evolve and improve the Inventory Planner brand and grow its business.

Brightpearl is a leader Retail operating system which works with some of the biggest retail brands in the world.

The winning combination of Inventory Planner and Brightpearl will allow merchants to connect historical sales data to Brightpearl’s powerful retail-designed operating system, delivering dramatically improved margins and increasing customer satisfaction.

Inventory Planner has 2,060 clients, mainly in English-speaking countries, of which 60% between $ 1 million and $ 100 million GMV. Many subscribe by direct download from an app store such as Shopify. Traders can use the tool to quickly view trends and set up advanced reports and notifications to help them run their business by exception.

Derek O’Carroll, CEO of Brightpearl, said: “We are delighted to announce the acquisition of Inventory Planner and be able to offer this first-rate solution as an extension of the Brightpearl network. We are also delighted to have added the experienced and talented Inventory Planner team to the large Brightpearl family.

Our agreement with Inventory Planner marks the first step in our mission to give modern merchants the freedom to easily deploy business experiences on their own terms., with access to the best retail technology products – enabling them to break away from legacy jack-of-all-trades systems.

“This evolution of our relationship with Brightpearl will allow Inventory Planner to better serve current and future customers as we harness the full potential of our integrated solution and deliver cutting-edge demand forecasting technology to rapidly growing merchants,” said declared Co-founder of Inventory Planner, Oleg Smirnov.

“We are delighted to join forces with BrightPearl, an ideal partner who shares our values ​​and commitment to creating secure and scalable retail operating systems. “

The deal is expected to open a new chapter for retail software.

O’Carroll explains, “Merchants need alternatives to today’s ERP-dominated retail technology landscape. They need real-time scalability and option, instead of being tied long-term to “all-in-one” solutions that force-feed mediocre products. that limit scale and innovation.

“We will provide exciting opportunities for traders to take advantage of Brightpearl’s growing family best-in-class products like Inventory Planner. These specialized applications are pre-integrated, secure and scalable, so merchants can count on them to grow without fear. They will have the choice of using these products as stand-alone solutions or interconnected with Brightpearl’s main operating system. It is a victory for our merchant customers and a victory for their consumers.

Maurice helfgott, President of Brightpearl, said: “I started my career as a merchant and I know how critical accurate prediction is to getting the right product available in the right place at the right time. Inventory Planner customers are delighted with the simplicity and precision of its easy-to-deploy forecasting solution and we are confident that Brightpearl’s world-class team will also help ensure the product’s success with larger customers.

Brightpearl, which has partnerships with organizations like Shopify, eBay, and Amazon, grew 50% year-on-year, and now manages more $ 5 billion business per year.

Today’s announcement comes after Brightpearl was lifted $ 33 million in a recent C round series. Sage led the round, investing around £ 17million ($ 23 million) out of a total of 25 million pounds ($ 33 million) raised, the existing shareholders, including Cipio Partners, Notion Capital and Verdane, investing an additional £ 8 million ($ 10 million).

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