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Enghouse Releases Third Quarter Results

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MARKHAM, ON, Sept. 5, 2024 /CNW/ – Enghouse Systems Limited (TSX: ENGH) announces third quarter (unaudited) financial results for the period ended July 31, 2024. All figures are denominated in Canadian dollars unless otherwise indicated.

Third Quarter Financial Highlights:

Revenue increased 17.6% to $130.5 million from $111.0 million in Q3 2023 and 13.9% for the nine-month period to $376.8 million from $330.9 million last year;Recurring revenue, which includes SaaS and maintenance services, grew 22.8% to $88.8 million compared to $72.3 million in Q3 2023, and represents 68.1% of total revenue. For the nine-month period, recurring revenue increased to $258.4 million from $210.4 million in the prior period, an increase of 22.8%, as we continue to prioritize this revenue stream;Results from operating activities increased to $34.3 million compared to $30.9 million in Q3 2023 and increased for the nine-month period to $100.4 million, from $86.4 million in the prior period;Net income was $20.6 million compared to $17.6 million in Q3 2023 and $58.7 million year to date compared to $47.1 million last year, as we grow our business with a focus on profitability;Adjusted EBITDA increased to $37.7 million compared to $33.4 million, growing by 12.9%, while achieving a 28.9% margin. Year to date Adjusted EBITDA was $108.2 million compared to $95.9 million in the prior year, an increase of 12.8%;Cash flow from operating activities, excluding changes in working capital, was $37.4 million compared to $35.5 million in the prior quarter and $111.5 million year to date compared to $97.0 million in the comparable period. Cash, cash equivalents and short-term investments reached near record highs at $258.7 million as at July 31, 2024.

Our third quarter operating performance continued its upward trend with revenue, profitability and operating cash flow, all exhibiting positive growth. Our commitment to operational efficiency, alongside our capability in executing and integrating acquisitions continues to deliver positive results. This quarter we completed the acquisition of SeaChange, expanding our IPTV market presence, a growing sector for Enghouse. We have effectively integrated SeaChange into our Asset Management Group, achieving profitability in its first quarter, post-acquisition, although not yet at our standard levels.

Our strategic direction remains steadfast as we continue to expand our business profitably. Offering both SaaS and on-premise solutions positions us uniquely in the marketplace. Operational enhancements across our existing businesses and recent acquisitions are driving positive outcomes, enabling us to maintain robust cash reserves while simultaneously increasing annual dividends, repurchasing shares and pursuing acquisitions. 

Quarterly dividends:          

Today, the Board of Directors approved the Company’s eligible quarterly dividend of $0.26 per common share, payable on November 29, 2024 to shareholders of record at the close of business on November 15, 2024.

Enghouse Systems Limited

Financial Highlights
(unaudited, in thousands of Canadian dollars)

 

For the period ended July 31

Three months

Nine months

2024

2023

Var ($)

Var (%)

2024

2023

Var ($)

Var (%)

Revenue

$

130,501

$

110,997

19,504

17.6

$

376,803

$

330,893

45,910

13.9

Direct costs

45,836

35,872

9,964

27.8

130,619

108,786

21,833

20.1

Revenue, net of direct costs

$

84,665

$

75,125

9,540

12.7

$

246,184

$

222,107

24,077

10.8

As a % of revenue

64.9 %

67.7 %

65.3 %

67.1 %

Operating expenses

49,120

43,901

5,219

11.9

144,331

133,323

11,008

8.3

Special charges

1,243

331

912

275.5

1,440

2,360

(920)

(39.0)

Results from operating activities

$

34,302

$

30,893

3,409

11.0

$

100,413

$

86,424

13,989

16.2

As a % of revenue

26.3 %

27.8 %

26.6 %

26.1 %

Amortization of acquired software and      
customer relationships

(9,663)

(9,730)

67

0.7

(31,183)

(28,400)

(2,783)

(9.8)

Foreign exchange (losses) gains

(1,747)

356

(2,103)

(590.7)

(3,550)

(1,487)

(2,063)

(138.7)

Interest expense – lease obligations

(132)

(172)

40

23.3

(430)

(531)

101

19.0

Finance income

2,333

1,701

632

37.2

7,296

3,683

3,613

98.1

Finance expenses

(29)

(5)

(24)

(480.0)

(41)

(136)

95

69.9

Other income (expenses)

407

(1,312)

1,719

131.0

513

(1,967)

2,480

126.1

Income before income taxes

$

25,471

$

21,731

3,740

17.2

$

73,018

$

57,586

15,432

26.8

Provision for income taxes

4,891

4,164

727

17.5

14,331

10,460

3,871

37.0

Net Income for the period

$

20,580

$

17,567

3,013

17.2

$

58,687

$

47,126

11,561

24.5

Basic earnings per share

0.37

0.32

0.05

15.6

1.06

0.85

0.21

24.7

Diluted earnings per share

0.37

0.32

0.05

15.6

1.06

0.85

0.21

24.7

Operating cash flows

40,333

39,020

1,313

3.4

100,488

86,980

13,508

15.5

Operating cash flows excluding changes
   in working capital

37,363

35,481

1,882

5.3

111,533

96,988

14,545

15.0

Adjusted EBITDA

Results from operating activities

34,302

30,893

3,409

11.0

100,413

86,424

13,989

16.2

Depreciation

647

585

62

(10.6)

1,692

1,824

(132)

7.2

Depreciation of right-of-use assets

1,530

1,606

(76)

4.7

4,606

5,273

(667)

12.6

Special charges

1,243

331

912

(275.5)

1,440

2,360

(920)

39.0

Adjusted EBITDA

$

37,722

$

33,415

4,307

12.9

$

108,151

$

95,881

12,270

12.8

Adjusted EBITDA margin

28.9 %

30.1 %

28.7 %

29.0 %

Adjusted EBITDA per diluted share

$

0.68

$

0.60

0.08

13.3

$

1.95

$

1.73

0.22

12.7

 

Condensed Consolidated Interim Statements of Financial Position

 (in thousands of Canadian dollars)

(unaudited)

   As at July 31,
2024

As at October 31,
2023

ASSETS

Current assets:

   Cash and cash equivalents

$

257,713

$

239,532

   Short-term investments

980

827

   Accounts receivable

108,543

93,383

   Prepaid expenses and other assets

16,445

15,515

   Income taxes recoverable

–

114

383,681

349,371

Non-current assets:

   Property and equipment

4,305

3,273

   Right-of-use assets

13,963

12,242

   Intangible assets

106,878

109,659

   Goodwill

307,291

280,241

   Deferred income tax assets

24,719

28,884

457,156

434,299

$

840,837

$

783,670

LIABILITIES AND SHAREHOLDERS’ EQUITY 

Current liabilities:

   Accounts payable and accrued liabilities

$

71,652

$

67,769

   Income tax payable

2,645

–

   Dividends payable

14,397

12,156

   Provisions

1,974

2,238

   Deferred revenue

131,405

109,019

   Lease obligations

5,330

6,322

227,403

197,504

Non-current liabilities:

   Income taxes payable

–

1,333

   Deferred income tax liabilities

11,135

13,340

   Deferred revenue

7,630

8,170

   Net employee defined-benefit obligation

1,960

1,912

   Lease obligations

8,042

6,080

28,767

30,835

256,170

228,339

 

Shareholders’ equity:

   Share capital

114,812

107,701

   Contributed surplus

10,268

10,404

   Retained earnings

441,391

426,397

   Accumulated other comprehensive income

18,196

10,829

584,667

555,331

$

840,837

$

783,670

 

Condensed Consolidated Interim Statements of Operations and Comprehensive Income

 (in thousands of Canadian dollars, except per share amounts)

(unaudited)                                            

Three months

Nine months

Periods ended July 31

2024

2023

2024

2023

Revenue

     Software licenses

 

$  19,579

$  19,836

 

$  57,046

$  62,587

     SaaS and maintenance services

88,812

72,302

258,383

210,439

     Professional services

18,231

15,904

51,577

50,790

     Hardware

3,879

2,955

9,797

7,077

130,501

110,997

376,803

330,893

Direct costs

     Software licenses

1,689

720

3,104

2,288

     Services

41,696

33,476

122,178

102,694

     Hardware

2,451

1,676

5,337

3,804

45,836

35,872

130,619

108,786

Revenue, net of direct costs

84,665

75,125

246,184

222,107

Operating expenses

     Selling, general and administrative

23,980

22,454

71,661

67,187

     Research and development

22,963

19,256

66,372

59,039

     Depreciation

647

585

1,692

1,824

     Depreciation of right-of-use assets

1,530

1,606

4,606

5,273

     Special charges

1,243

331

1,440

2,360

50,363

44,232

145,771

135,683

Results from operating activities

34,302

30,893

100,413

86,424

Amortization of acquired software and customer relationships   

(9,663)

(9,730)

(31,183)

(28,400)

Foreign exchange (losses) gains

(1,747)

356

(3,550)

(1,487)

Interest expense – lease obligations

(132)

(172)

(430)

(531)

Finance income

2,333

1,701

7,296

3,683

Finance expenses

(29)

(5)

(41)

(136)

Other income (expenses)

407

(1,312)

513

(1,967)

Income before income taxes

25,471

21,731

73,018

57,586

Provision for income taxes

4,891

4,164

14,331

10,460

Net income for the period

20,580

17,567

58,687

47,126

 

Item that may be subsequently reclassified to income:

Cumulative translation adjustment

5,929

(13,632)

7,367

7,406

Other comprehensive income (loss)

5,929

(13,632)

7,367

7,406

Comprehensive income

$  26,509

$    3,935

$  66,054

$  54,532

Earnings per share

Basic

$      0.37

$      0.32

$      1.06

$      0.85

Diluted

$      0.37

$      0.32

$      1.06

$      0.85

 

Condensed Consolidated Interim Statements of Cash Flows

 (in thousands of Canadian dollars)

(unaudited)

 

Three months

 

Nine months

Periods ended July 31

2024

2023

2024

2023

 

OPERATING ACTIVITIES

Net income for the period

$    20,580

$    17,567

$    58,687

$    47,126


Adjustments for non-cash items

   Depreciation

647

585

1,692

1,824

   Depreciation of right-of-use assets

1,530

1,606

4,606

5,273

   Interest expense – lease obligations

132

172

430

531

   Amortization of acquired software and customer relationships

9,663

9,730

31,183

28,400

   Stock-based compensation expense

298

340

1,076

1,271

   Provision for income taxes

4,891

4,164

14,331

10,460

   Finance expenses and other (income) expenses

(378)

1,317

(472)

2,103

37,363

35,481

111,533

96,988

Changes in non-cash operating working capital

6,243

4,367

(246)

380

Income taxes paid

(3,273)

(828)

(10,799)

(10,388)

Net cash provided by operating activities

40,333

39,020

100,488

86,980

INVESTING ACTIVITIES

Net purchase of property and equipment

(683)

(436)

(1,461)

(607)

Acquisitions, net of cash acquired*

(30,854)

(2,361)

(43,448)

(27,978)

Purchase consideration for prior-year acquisition

–

(1,245)

171

(1,012)

Purchase of short-term investments

–

–

–

(69)

Net cash used in investing activities

(31,537)

(4,042)

(44,738)

(29,666)

FINANCING ACTIVITIES

Issuance of share capital

1,412

–

6,095

604

Normal course issuer bid share repurchases

(1,759)

–

(2,906)

Repayment of lease obligations

(2,347)

(1,474)

(5,747)

(5,754)

Dividends paid

(14,398)

(12,160)

(38,742)

(32,606)

Net cash used in financing activities

(17,092)

(13,634)

(41,300)

(37,756)

 

Impact of foreign exchange on cash and cash equivalents

3,091

(4,711)

3,731

 

4,122

(Decrease) increase in cash and cash equivalents

(5,205)

16,633

18,181

23,680

Cash and cash equivalents – beginning of period

262,918

232,151

239,532

225,104

Cash and cash equivalents – end of period

$  257,713

$  248,784

$  257,713

$  248,784

* Acquisitions are net of cash acquired of $245 and $742 for the three and nine months ended July 31, 2024, and nil and $2,088 for the three and nine months ended July 31, 2023, respectively. 

Enghouse Systems Limited
Segment Reporting Information
(in thousands of Canadian dollars)

Three months ended July 31

2024

2023

IMG

AMG

Total

IMG

AMG

Total

Revenue

$

77,522

$

52,979

$

130,501

$

64,302

$

46,695

$

110,997

Direct costs

(27,981)

(17,855)

(45,836)

(18,884)

(16,988)

(35,872)

Revenue, net of direct costs

49,541

35,124

84,665

45,418

29,707

75,125

Operating expenses excluding special charges

(21,257)

(14,190)

(35,447)

(20,401)

(10,803)

(31,204)

Depreciation

(389)

(258)

(647)

(403)

(182)

(585)

Depreciation of right-of-use assets

(997)

(533)

(1,530)

(1,239)

(367)

(1,606)

Segment profit

$

26,898

$

20,143

$

47,041

$

23,375

$

18,355

$

41,730

Special charges

(1,243)

(331)

Corporate and shared service expenses

(11,496)

(10,506)

Results from operating activities

$

34,302

$

30,893

Nine months ended July 31

2024

2023

IMG

AMG

Total

IMG

AMG

Total

Revenue

$

234,189

$

142,614

$

376,803

$

186,733

$

144,160

$

330,893

Direct costs

(79,960)

(50,659)

(130,619)

(54,451)

(54,335)

(108,786)

Revenue, net of direct costs

154,229

91,955

246,184

132,282

89,825

222,107

Operating expenses excluding special charges

(66,166)

(37,637)

(103,803)

(62,686)

(34,719)

(97,405)

Depreciation

(1,158)

(534)

(1,692)

(1,484)

(340)

(1,824)

Depreciation of right-of-use assets

(2,930)

(1,676)

(4,606)

(3,280)

(1,993)

(5,273)

Segment profit

$

83,975

$

52,108

$

136,083

$

64,832

$

52,773

$

117,605

Special charges

(1,440)

(2,360)

Corporate and shared service expenses

(34,230)

(28,821)

Results from operating activities

$

100,413

$

86,424

About Enghouse

Enghouse is a Canadian publicly traded company (TSX:ENGH) that provides mission critical vertically focused enterprise software solutions. Our core technologies are used for contact centers, video communications, virtual healthcare, telecommunications networks, public safety and the transit market. The Company’s two-pronged growth strategy to grow earnings focuses on organic growth and acquisitions, which, to date, have been funded only through operating cash flows as the Company has no outstanding external debt financing. The Company is organized around two business segments, the Interactive Management Group (“IMG”) and the Asset Management Group (“AMG”) due to their unique customer segments and technology offerings. Further information about Enghouse may be obtained from the Company’s website at www.enghouse.com. 

Conference Call and Webcast

A conference call to discuss the results will be held on Friday, September 6, 2024 at 8:45 a.m. EST. To participate, please call +1-289-514-5100 or North American Toll-Free +1-800-717-1738. Confirmation code: 59337. A webcast is also available at: https://www.enghouse.com/investors.php.

The Company uses non-IFRS measures to assess its operating performance. Securities regulations require that companies caution readers that earnings and other measures adjusted to a basis other than IFRS do not have standardized meanings and are unlikely to be comparable to similar measures used by other companies. Accordingly, they should not be considered in isolation. The Company uses Adjusted EBITDA as a measure of operating performance. Therefore, Adjusted EBITDA may not be comparable to similar measures presented by other issuers. Adjusted EBITDA is calculated based on results from operating activities adjusted for depreciation of property and equipment and right-of-use assets, and special charges for acquisition related restructuring costs. Management uses Adjusted EBITDA to evaluate operating performance as it excludes amortization of software and intangibles (which is an accounting allocation of the cost of software and intangible assets arising on acquisition), any impact of finance and tax related activities, asset depreciation, foreign exchange gains and losses, other income and restructuring costs primarily related to acquisitions.

SOURCE Enghouse Systems Limited

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Technology

SHEIN Ramps Up Denim Production Using Cool Transfer Denim Printing by 90% in 2024

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25 minutes ago

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January 6, 2025

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Almost 380,000 pieces of denim apparel were produced in 2024 using this process

SINGAPORE, Jan. 6, 2025 /PRNewswire/ — SHEIN is transforming the way its denim is being produced by increasing its adoption of Cool Transfer Denim Printing, a technology that consumes less water and energy compared to traditional denim manufacturing methods, while at the same time creating a more streamlined production process.

Approximately 380,000 pieces of SHEIN’s denim apparel produced in 2024 were made using the Cool Transfer Denim Printing process, saving over 10,000 metric tons of water compared to traditional denim production techniques. This marks a 90% increase from 2023, when 200,000 denim pieces were made using this innovative method. Since introducing Cool Transfer Denim Printing in 2022, SHEIN has saved nearly 19,500 metric tons of water. These milestones illustrate the company’s ability to scale innovation within its supply chain, integrating advanced manufacturing practices, while promoting resource efficiency.

Traditional denim manufacturing is known for being resource-intensive, requiring vast amounts of water and energy for processes such as dyeing, bleaching, and washing. Recognizing these challenges, SHEIN partnered with NTX® in 2021 to introduce Cool Transfer Denim Printing, an innovative process that not only minimizes the use of water and energy but also simplifies the production cycle, ensuring precision and efficiency at every step.

This method of printing involves a digital printer using reactive ink to print denim textures, artwork or patterns onto a transfer film. The designs on the transfer film are then imprinted onto white denim fabric using cold transfer equipment, replicating the effects of washing denim to produce features like faded finishes, whiskering, and retro-worn effects. Verified by Bureau Veritas in October 2023, the process reduces water usage by 70.5% compared to conventional denim washing methods.

In addition to the savings in water and energy, the Cool Transfer Denim Printing process eliminates the need for workers to be in contact with harmful chemicals, such as chlorine and caustic soda, which may be used in traditional denim production. By reducing exposure to these substances, SHEIN aims to foster safer working conditions for workers providing support on denim production.

Innovative On-demand Denim Production Process Aimed at Reducing Water

The integration of Cool Transfer Denim Printing complements SHEIN’s on-demand business model, which leverages a digitalized supply chain to match customer demand with merchandise supply. SHEIN’s process involves launching new products in small initial batches of 100-200 items, assessing customer feedback in real-time, and restocking items based on demand. This approach ensures that suppliers produce what customers want, while helping to reduce overproduction and excess inventory.

Cool Transfer Denim Printing’s streamlined and efficient production process aligns perfectly with this methodology. By simplifying denim manufacturing and enabling precise replication of intricate designs and effects, the technology supports smaller production runs that can be quickly scaled based on customer interest. This synergy allows SHEIN to produce denim pieces to meet demand, while at the same time working towards reducing any additional waste.

Unlocking New Creative Opportunities

Cool Transfer Denim Printing is also a catalyst for creativity and innovation. This technology provides designers with unprecedented flexibility to produce vibrant, intricate, and highly detailed prints that were once challenging to achieve with traditional methods.

The process enables precise replication of denim textures and effects. These capabilities open up limitless possibilities for SHEIN’s design teams, allowing them to craft unique and standout denim pieces that resonate with diverse customer preferences and push the boundaries of modern fashion.

This initiative is part of SHEIN’s broader strategy to accelerate change in manufacturing processes, become more resource-efficient and promote innovation in the future of fashion.

View original content to download multimedia:https://www.prnewswire.com/news-releases/shein-ramps-up-denim-production-using-cool-transfer-denim-printing-by-90-in-2024-302342810.html

SOURCE SHEIN

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CYPFER Collaborates with Hollywood Powerhouse Michael Bay to Fortify Cybersecurity in the Film and Entertainment Industry

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25 minutes ago

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January 6, 2025

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Protecting Intellectual Property and Creative Assets Becomes Paramount in Hollywood

MIAMI, NEW YORK, TORONTO, LONDON, and DUBAI, UAE, Jan. 6, 2025 /PRNewswire/ – CYPFER, a global leader in cybersecurity, is thrilled to announce its work with Michael Bay, the iconic filmmaker behind blockbuster franchises like Transformers, Bad Boys, and 13 Hours. Known for redefining modern action cinema, Bay’s films have achieved unparalleled success, earning critical acclaim for their stunning visuals and groundbreaking sequences.

This initiative aims to strengthen cybersecurity in the film and entertainment industry, focusing on protecting intellectual property, creative assets, and the digital operations of high-profile productions.

“In today’s entertainment landscape, protecting the creative work that powers our films is as critical as the production itself,” says Michael Bay. “Cyber threats targeting the film industry are on the rise, and ensuring that scripts, footage, and digital assets remain secure is a top priority.”

“The entertainment industry is increasingly targeted by cybercriminals, and securing high-value assets like scripts is vital,” says Daniel Tobok, CEO of CYPFER. “We are proud to support a visionary like Michael Bay and bring our cybersecurity expertise to protect his work and the Hollywood ecosystem.”

“The risks in digital filmmaking are greater than ever,” Bay adds. “CYPFER’s cybersecurity expertise gives me confidence that my work is secure, allowing me to focus on delivering unforgettable stories to audiences worldwide.”

“At CYPFER, we’re committed to protecting the creative assets that drive industries like film and entertainment,” concludes Tobok. “This effort sets a new standard for cybersecurity in Hollywood, ensuring that Michael Bay’s groundbreaking work remains secure against evolving threats.”

About CYPFER

CYPFER is on a global mission to help companies create Cyber Certainty™. With an experienced  team of incident responders, threat researchers, seasoned ransom experts, and data restoration experts, CYPFER is the trusted firm for leading law firms, insurance carriers and  global organizations. CYPFER’s cybersecurity professionals are located across the US, Canada,  UK, and Caribbean. The CYPFER team is ready to respond and help clients experiencing cyber attacks 24x7x365. CYPFER’s experts provide white-glove service and aim to restore Cyber Certainty™ for all clients on every engagement.

CYPFER’s core services include:

Ransomware Advisory

Incident Response Services with specialized expertise in ransomware response and recovery

On-site and/or remote post-breach restoration support to augment internal teams

Digital Forensics to uncover malicious activity, insider threats, and protect sensitive data

Global Incident Response Retainer Services guaranteeing priority access to ransomware advisory, incident response, and recovery support for swift resolution

CYPFER has offices in the USA, Canada, the United Kingdom, Mexico, the Cayman Islands, and the UAE. The company currently employs around 200 cybersecurity experts and has supported clients across six continents. CYPFER is executing plans to expand globally and aims to boast a workforce of 300 cybersecurity professionals by the end of 2025.

View original content:https://www.prnewswire.com/news-releases/cypfer-collaborates-with-hollywood-powerhouse-michael-bay-to-fortify-cybersecurity-in-the-film-and-entertainment-industry-302341270.html

SOURCE CYPFER

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transcosmos bolsters integrated fulfillment services in Japan via business alliance with DMS

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January 6, 2025

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Further expands global e-commerce one-stop services that cover about 40 countries and regions worldwide

TOKYO, Jan. 6, 2025 /PRNewswire-PRWeb/ — transcosmos hereby announces that the company today, December 23, 2024, began a business alliance with DMS Inc. (Headquarters: Tokyo, Japan; Representative Director and President: Katsuhiko Yamamoto), a company offering logistics and sales promotion services for direct mail and online shopping companies.

Integrating transcosmos’s know-how acquired through operating e-commerce business and CX enhancement solutions built on DMS’s services, transcosmos will streamline its operations while helping clients expand their sales, ultimately leading clients to success.

Along with recent trends and changes in the e-commerce market, every e-commerce business is carrying out a variety of initiatives to deliver a greater customer experience while retaining competitiveness, as is already well known. In particular, to increase repeat customers and strengthen brand loyalty, it is a must to offer a greater post-purchase customer experience. To meet the growing e-commerce business demands, transcosmos will expand its logistics business drastically, focusing on the scalability and quality of its CX fulfillment business.

Under this new business alliance, the two companies will enhance their respective logistics centers—transcosmos’s e-commerce one-stop center Kitakashiwa and DMS’s logistics centers for direct mail and online shopping—through the following initiatives:

Reduce delivery lead time by expanding logistic centers and utilizing centers located in both east and west Japan Increase services by utilizing the latest technologies for logistics DX including automation as well as utilizing printing equipment for catalogue and direct mailOptimize delivery costs by the mutual use of the two companies’ competitive delivery fee by package size

With the initiatives above, the two companies will deliver the best possible services by expanding logistics centers that guarantee the same level of service quality for both companies.

transcosmos e-commerce one-stop services

In addition, transcosmos will add DMS’s CRM services centered around the DMS member database and direct mail to transcosmos e-commerce one-stop service lineup. With the new services in place, transcosmos will further strengthen its sales marketing services by diversifying both digital marketing and real promotion.

Integrating transcosmos’s know-how acquired through operating e-commerce business and CX enhancement solutions built on DMS’s services, transcosmos will streamline its operations while helping clients expand their sales, ultimately leading clients to success.

About transcosmos e-commerce one-stop services
transcosmos e-commerce one-stop services help clients in various ways that best match each client’s needs. The options include: 1) use transcosmos’s managed services that ranges from e-commerce website development and operations, fulfillment (receipt of goods, picking, packaging, and shipping), customer care, web marketing, analysis and more, 2) launch your e-commerce business by yourself, and 3) sell your products via transcosmos’s e-commerce sales channels.
Visit transcosmos e-commerce solution website here (no translation available): https://transcosmos-ecx.jp/

transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About DMS Inc.
With a history of over 60 years since foundation, DMS has built a solid customer base offering its core direct mail services as well as logistics, sales promotion, event services across a range of areas where companies and public-sector organizations directly communicate with consumers. Today, DMS is providing integrated information solutions that help companies solve challenges, optimize communication, and create a well-being society by fusing digital and real-world services through promoting alliance with digital companies. For more details, please visit DMS’s solution website, +D SOLUTION here: https://www.dmsjp.co.jp/en/

About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost optimization through our 182 bases across 35 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment. Visit us here https://www.trans-cosmos.co.jp/english/

Media Contact

transcosmos inc., transcosmos inc., +81-3-6709-2251, pressroom@trans-cosmos.co.jp, https://www.trans-cosmos.co.jp/english/

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SOURCE transcosmos inc.

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