Winston-Salem, NC, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Today, Inmar announced that it has acquired Innovative Return Concepts (IRC), a provider of returns management software and product processing that serves the grocery sector. The acquisition provides a new layer of service capability to Inmar’s grocery supply chain clients and expands the level of service that Inmar provides for grocers across North America.
“IRC has a strong history of providing solid returns management solutions in the grocery industry,” said David Mounts, Chairman and CEO of Inmar. “By adding IRC’s unique capabilities to Inmar’s industry-leading returns management and supply chain solutions, Inmar has increased its scope of services in the marketplace. Strategically, our business models are very well aligned and will bring a great deal of value to retailers, grocers and the manufacturers they work with.”
Like Inmar’s technology and data analytics, IRC’s platform helps grocers track product returns and utilize data for insights that boost net sales, reduces cost and improves reverse logistics efficiency. In combination with Inmar’s current top-retailer, e-commerce and CPG client list, this acquisition positions Inmar with many of the top 10 grocers in the U.S.
"Combining IRC's agile returns management services with Inmar's nationwide facility network and regulatory expertise is a natural fit,” said Matt McHale, CEO of IRC. “We have always embraced our commitment to deliver progressive solutions to the industry, and believe this move forecasts an expanded program-wide service array that will produce superior returns management results for retailers and wholesalers across the U.S.”
IRC’s product returns solutions, such as in-store processing, full-service returns consolidation and manufacturer reporting, complement Inmar’s existing capabilities and will expand Inmar’s ability to improve its clients’ profitability and agility in a very dynamic segment of the supply chain.
For more information about Inmar, please visit www.inmar.com.
About Inmar
From data to decision to DONE.™
We reimagine everyday business challenges through market-driven commerce, analytics and technology solutions that are built to solve some of industries’ biggest obstacles to growth. Inmar’s customer-centric approach is evident through our success helping companies dynamically engage audiences, build brand loyalty, create efficiencies and drive profitable growth.
Our solutions, such as prescriptive analytics, shopper and patient engagement, activation technologies and e-commerce platforms, are inspired by a new age of digital and technology-savvy consumers with changing expectations and behaviors, illuminated through advanced analytics and behavioral economics. We help leading Fortune 500 companies and emerging brands grow while providing their consumers with personalized and precision-driven tools to save money, improve health and safety, and more conveniently go about their lives.
For more than 35 years, we have served retailers, manufacturers, healthcare providers, government and employers as their trusted intermediary and helping them redefine innovation. For more information about Inmar, please visit us at www.inmar.com or follow us on LinkedIn and Twitter.