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Monday, March 21, 2005
GameStop Selects Landsteinar Strengur Retail System

GameStop, the largest specialist retailer of video games in the world, has adopted K3 Landsteinar’s integrated retail management system ‘Socius’, to manage its product portfolio from purchasing into its centralised warehouse all the way through to distributing product to each store. Landsteinar Retial is part of the Socius retail management solution.

Paul Hennessy, Finance Director GameStop, "With more than 1800 stores across the US and 25 in the Republic and Northern Ireland, GameStop moved from Take 5 Enterprise and other software tools because, although the systems worked well when we were smaller, as we grew they could not cope with the added complexity and volume of information."

He adds, "Socius Retail has already made the management of our product file and the movement of product from supplier to warehouse to store much more accurate and efficient, while also simplifying and speeding up our ability to produce timely accounts. Sales-based automated purchasing from suppliers and distribution from our warehouse to stores coupled with the integration of this with the financial side of the system has been hugely beneficial to us."

"The system has allowed us to manage the growth that we had undergone before putting it in and will allow us to continue that growth. The real test was to run it over the Christmas period which is by far our busiest time and the system passed with flying colours." .

GameStop uses K3 Landsteinar's Socius Retail to record and manage the products that it plans to stock in its stores. Daily, it automatically uploads sales information from its stores into the system. Socius Retail automatically calculates how much of each product GameStop needs to purchase, creates the purchase orders and sends them to its suppliers. The system then calculates and creates transfers from the central warehouse to stores. This gives us much more efficient stock management.

GameStop has already embarked on Phase II of the implementation which adds further valuable features to the original system and is currently assessing Phase III.

GameStop carried out a full selection process comparing a number of suppliers and products and K3 Landsteinar was able to prove that not only did they have the best integrated solution for GameStop but also that they had the experienced staff to successfully implement it.

About GameStop

GameStop is the largest specialist retailer of video games in the world with 1800+ stores across the US and Puerto Rico. Gamestop Ireland has 25 stores across the Republic and Northern Ireland with 200 employees (website: http://www.gamestop.ie)

About K3 Landsteinar

K3 Landsteinar, part of K3 Business Technology Group plc, is the major provider of the award winning Microsoft Business Solution throughout the UK, Ireland and Dubai, covering business sectors including Financials, Retail, Warehousing/Distribution, with the ability to harness the World Wide Web. Through the company's international network of consultants, the company services over 150 clients worldwide.

For further information, please contact eloise@LSRetail.com

© 2008 LS Retail ehf. 
Armuli 7, 108 Reykjavík, Iceland · Tel: 354 414 5700 · Fax: 354 414 5710 info@LSRetail.com

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