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We would like to highlight eFuture Information Technology Inc. (NASDAQ: EFUT). The company is a provider of integrated software and service solutions to manufacturers, distributors, wholesalers, logistics companies and retailers in China’s front-end supply chain market. Its solutions are specifically designed to optimize demand processes from finished goods to customer checkout, and to address supply chain management, business processes, decision support, inventory optimization, collaborative planning and forecasting requirements.
In the company’s recent news,
eFuture Information Technology, provider of front-end retail management software and services, announced that it has signed a major service contract with Tiens Group Co., Ltd. Tiens Group is a thirteen year-old company with interests in advanced biotechnology, financing, real estate, education, and logistics.
eFuture’s mySHOP Retail Business Management System 3.0 will be installed at Tiens Group’s four subsidiary stores, as well as four direct-sales stores and forty franchised chain stores in China. The project will undergo and complete a testing phase, at which time the system will be implemented in a further 1192 stores across the nation. The mySHOP system offers streamlined operational analysis and decision-making data management solutions that will allow Tiens Group to assess the performance of individual stores.
Adam Yan, eFuture’s chairman and CEO, said, ”With the system’s intelligent analysis and decision-making data, Tiens Group will be equipped to streamline its business and increase competitiveness by centralizing operations and conveniently evaluating the performance of its individual stores. Moreover, our software is designed to provide maximum compatibility with the existing back-office software employed by Tiens Group and other retail clients.”
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