Edgars partners 3i-Infotech

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Zimbabwe’s largest fashion retailer, Edgars Stores Limited, has tapped into global technology solutions and services provider, 3i Infotech, as it embraces technology to manage its operations.

 

3i-Infotech’s offerings include a broad range of IT services such as technology services, application software development and maintenance and business intelligence and data warehousing among others.

Edgars has 53 stores countrywide.

3i Infotech will be providing Edgars with their recently launched suite Orion 10.7, offering financial management and analysis, supply chain management, retail management, warehouse management and human capital management.
Linda Masterson, Edgars group chief executive officer, said: “Incorporating these advanced technological solutions will add more value to the business which will be passed onto our customers who are our biggest asset.”

It brings us great pleasure to partner with a provider who understands our business objectives,” she said.
“It was the positive feedback from 3i-Infotech’s existing customers including E-max and Shankar Trading that reinforced the strategic decision of implementing Orion.”

Ashish Dass 3i Infotech Middle East & Africa president said Edgars was a growth-oriented and technology savvy company that acknowledges the importance of strategic IT solutions infrastructure as a driver for businesses.
“Our team worked closely with Edgars various departments understanding their pain areas and the challenges they face in their day-to-day operations. This advisory approach helped us understand what will help Edgars and facilitate the changeover and ultimately their growth,” Dass said.

“We believe that with Orion, Edgars will not only be able to consolidate and streamline their operations, but will be ahead of their competition when armed with the right information at the right time.”

Dass said the move was one of the most prominent business entries into Zimbabwe and Southern Africa for Orion.
In its financial results for the 53 weeks ending January 2015, Edgars recorded a 22,3% growth in profits after tax to $5,2 million attributed to the group’s focus on offering customers various credit options and improved services.

In the same period in 2013, after-tax profit was $4,2 million. Revenue was up 12,7% to $73 036 678 from $64 823 709 in the comparable period.

 

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