Manhattan Associates, Inc.

Manhattan Associates, Inc. (MANH) is a US‑based enterprise software company specialising in supply‑chain and omnichannel commerce solutions. Its platforms—covering warehouse, transportation, inventory and order management—help retailers, manufacturers and logistics providers coordinate fulfilment across channels. Over recent years Manhattan has shifted from licence sales to a recurring, cloud‑centric subscription model, improving revenue visibility and margins. Growth drivers include rising e‑commerce volumes, retailers’ need for real‑time inventory and fulfilment optimisation, and ongoing digitalisation of supply chains. At a market capitalisation of about $12.33bn, it sits in the mid‑cap enterprise software space with solid cash generation but exposure to cyclical customer spending. Key risks include strong competition from larger cloud providers and niche vendors, implementation complexity, customer churn and sensitivity to macroeconomic slowdowns. This summary is general educational information only and not personalised investment advice; investors should assess their own goals and consider seeking professional guidance.