Manhattan Associates, Inc. (MANH) Sector
Information Technology

(Current) $192.67
6.51 (3.5%) Open Price: 0.00

 

Manhattan Associates, Inc. was founded in 1990 in Manhattan Beach, California, by a group of five technology specialists who, after building an early ERP system for the clothing retailer Jockey, recognized the need for a flexible warehouse management solution. Capitalizing on this insight, they developed a packaged Warehouse Management System (WMS), quickly gaining traction by signing Jockey—and eventually large-scale retailers such as Walmart—as early customers. By 1995, the company relocated its headquarters to Atlanta, and in 1998, it went public as Manhattan Associates, Inc., marking the start of its evolution into a global leader in supply chain and omnichannel commerce solutions.

 

Initially focused on warehouse optimization, Manhattan Associates steadily expanded its capabilities through strategic product development and acquisitions. The acquisition of Intrepa in 2000 introduced transportation management to its offerings, while the 2002 acquisition of Logistics.com and the opening of a development center in India extended its reach. Over time, the company built out a comprehensive suite—spanning inventory, labor, order fulfillment and point-of-sale solutions—all unified under its cloud-native Manhattan Active® platform, which remains central to its portfolio today.

 

Manhattan has earned a reputation for driving supply chain innovation, beginning with its early dominance in WMS and maintaining its leadership through industry recognition. It has appeared repeatedly in Gartner’s Magic Quadrant (14 times for WMS and 7 times for Transportation Management Systems). Major product milestones include the 2023 launch of the unified Manhattan Active Yard Management system, and the 2024 debut of Manhattan Active Supply Chain Planning—bringing planning and execution together on a single cloud-native microservices architecture. Its platform’s AI and automation features—such as Agent Foundry and Agentic AI—are introducing autonomous agents for real-time decision-making in labor, inventory and yard operations.

 

Manhattan is poised to deepen its focus on unification and AI-driven transformation within the supply chain. Integrations with Google Cloud enhance scalability and support for AI agents, while ongoing enhancements to its Manhattan Active platform—featuring quarterly updates and new inventory-planning modules—reflect a commitment to seamless, cloud-native innovation. With plans to broaden the deployment of AI agents by fall 2025, the company is also targeting continued growth through strategic partnerships, new feature rollouts, and expansion of its unified supply chain ecosystem, reinforcing its position as a long-term enabler of modern commerce infrastructure.

 



 

 

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(06/24/25) $186.16
(06/24/25) (Qty.)740,174
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