Another Major European Distributor Chooses WRNTY

Online, March 9, 2011 (Newswire.com) - Another Major European Distributor Chooses WRNTY

IBB benefits from WRNTY's real time sell-out and inventory solutions

WRNTY announces that IBB, a leading European fashion-luxury goods distributor, chose WRNTY's real time sell-out and inventory management solutions, to help increase sales and reduce costs.

IBB decided to implement the WRNTY system following successful pilots in Denmark, Sweden and Ireland. The company was able to detect best-sellers and forecast inventory demand in real time. As a result IBB experienced improvements in speed, control, and cost efficiency. IBB distributes high-end fashion jewelry and watch brands, including; Guess, Nautica, Marc Ecko and Gc.

"Real time sell-out and inventory information is vital for increasing sales and optimizing inventory. WRNTY's innovative solutions are key to accessing such critical information. We are delighted by IBB's decision to proceed to full deployment, said Ofer Yourvexel, CEO WRNTY.

Chagai Goldstoff, Senior V.P Sales, IBB: "WRNTY enables us to obtain essential information we could not access to date. I am confident that this information will impact our bottom line."

Hugo van Berkel, Sales planner IBB: "WRNTY provides us with an innovative system for tracking real-time sales. Even our increasing demands have shown to be no problem and we have experienced excellent service from the start."

About WRNTY: The WRNTY platform enables the wholesale - retail supply chain to access and act on real-time sell-out and inventory information. WRNTY replaces the inefficient paper-based warranty processes with innovative online solutions. Established in 2006, WRNTY cloud computing technology coupled with a SaaS (Software as a Service) business model delivers immediate and significant ROI.

About IBB:IBB is a leading watches and jewellery brands distributor. Founded in 1993, IBB soon rose to become a major distributor in the luxury watch and jewellery markets. Today they hold a strong portfolio of trendsetting fashion luxury brands. IBB concurrently began to develop their own luxury fashion jewellery brand - Ti Sento. IBB oversees a staff of 280 employees from its Amsterdam and Paris offices and off-shoots in Sweden, Denmark, UK, Germany and Ireland. www.ibbamsterdam.com

For more information please contact WRNTY at: [email protected], +972-732-667-667, or visit us at www.WRNTY.com.