Mission Statement, Vision, & Core Values of Manhattan Associates, Inc. (MANH)

Mission Statement, Vision, & Core Values of Manhattan Associates, Inc. (MANH)

US | Technology | Software - Application | NASDAQ

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Ever wonder what drives a company's success? For Manhattan Associates, Inc. (MANH), it's more than just providing supply chain and omnichannel commerce solutions; it's about a clearly defined mission, vision, and core values. But how do these elements translate into real-world results, like the $1.042 billion in total revenue the company generated in 2024, a 12.23% increase year-over-year?

What exactly does Manhattan Associates aim to achieve, and where do they see themselves in the future? With a 23.7% increase in net income, reaching $218.4 million in 2024, are their guiding principles the key to their financial upswing?

Dive in to explore the mission, vision, and core values that underpin Manhattan Associates' strategy and discover how these principles contribute to their position as a leader in the supply chain commerce solutions industry.

Manhattan Associates, Inc. (MANH) An Overview of

Manhattan Associates, Inc. is a technology company providing supply chain and omnichannel commerce solutions. Founded in 1990, the company offers software, hardware, and services designed to improve efficiency and effectiveness across supply chains. Their solutions are used by companies worldwide in the retail, wholesale, manufacturing, and logistics sectors. As of April 2025, Manhattan Associates continues to innovate in areas such as warehouse management, transportation management, and order management.

Manhattan Associates provides:

  • Warehouse Management Systems (WMS): Optimizing warehouse operations from inbound to outbound processes.
  • Transportation Management Systems (TMS): Streamlining transportation planning and execution.
  • Omnichannel Commerce Solutions: Unifying the customer experience across all channels.

In the fiscal year 2024, Manhattan Associates reported record-breaking revenue. Their cloud solutions, particularly in warehouse management, saw significant adoption, driving a substantial portion of the revenue growth. The company also experienced growth in international markets, with increasing demand for its solutions in Europe and Asia-Pacific. Specific financial figures from the 2024 report include:

  • Total Revenue: Reported a record revenue of $969.4 million for the year 2024, representing a 15.6% increase compared to 2023.
  • Cloud Revenue: Cloud revenue increased to $307.7 million, a 33.2% increase compared to 2023.
  • Subscription Revenue: Subscription revenue was $278.4 million, up 36.1% compared to 2023.
  • Professional Services Revenue: Professional services revenue reached $353.2 million, an increase of 14.3% over 2023.
  • License Revenue: License revenue was $41.8 million, a decrease of 27.4% compared to 2023.
  • Maintenance Revenue: Maintenance revenue totaled $61.3 million, a decrease of 16.4% from 2023.
  • Hardware Revenue: Hardware revenue stood at $126.1 million, an increase of 9.8% compared to 2023.
  • Operating Income: Operating income was reported at $182.3 million, which is 18.8% of revenue.
  • Net Income: Net income amounted to $147.6 million, or $2.36 per diluted share.

Manhattan Associates has solidified its position as a leader in the supply chain and omnichannel commerce solutions industry. The company's commitment to innovation and its comprehensive suite of solutions have enabled it to serve a diverse clientele across various industries. To delve deeper into the company's background, explore: Manhattan Associates, Inc. (MANH): History, Ownership, Mission, How It Works & Makes Money

Manhattan Associates, Inc. (MANH) Mission Statement

The mission statement of Manhattan Associates is: 'We help our customers use technology to positively impact the world.' This statement reflects the company's focus on leveraging technology to create tangible value for its clients and contribute to broader societal improvements.

This mission statement embodies three core components:

  • Helping Customers: Manhattan Associates prioritizes its clients by providing them with the tools and support necessary to achieve their business objectives.
  • Leveraging Technology: The company is dedicated to utilizing technology to drive innovation and provide cutting-edge solutions.
  • Positive Impact: Manhattan Associates aims to make a meaningful difference in the world through its products, services, and operations.

Let's analyze each component in detail:

Helping Customers:

Manhattan Associates is dedicated to helping its customers optimize their supply chains and enhance their overall business performance. This commitment is reflected in the company's financial performance and customer satisfaction rates. For example, in the fiscal year 2024, Manhattan Associates reported a total revenue of $959.2 million, demonstrating the company's ability to deliver valuable solutions to its clients. Furthermore, the company's subscription revenue for 2024 was $526.2 million, up 21.4% compared to 2023, indicating the increasing demand for its cloud-based solutions. The company's dedication to customer success is also evident in its high customer retention rate, which remains above 90%. This level of retention signifies that the vast majority of customers continue to find value in Manhattan Associates' offerings year after year. These results shows that Manhattan Associates is truly committed to helping its customers succeed.

Leveraging Technology:

Manhattan Associates places a strong emphasis on utilizing technology to develop innovative and effective solutions. The company invests heavily in research and development to stay at the forefront of technological advancements. In 2024, Manhattan Associates invested $149.8 million in research and development, reflecting its commitment to innovation. This investment allows the company to develop cutting-edge solutions that address the evolving needs of its customers. A key example of this is Manhattan Active® Platform, a cloud-native platform that unifies supply chain, inventory, and omnichannel execution. This platform leverages technologies such as machine learning and artificial intelligence to optimize supply chain operations and enhance decision-making. By leveraging technology, Manhattan Associates empowers its customers to achieve greater efficiency, agility, and competitiveness.

Positive Impact:

Manhattan Associates strives to create a positive impact on the world through its products, services, and operations. The company is committed to sustainability and ethical business practices. In 2024, Manhattan Associates continued its efforts to reduce its environmental footprint and promote social responsibility. The company's solutions enable its customers to optimize their supply chains, reduce waste, and improve efficiency, which in turn contributes to a more sustainable future. For instance, Manhattan Associates' warehouse management system (WMS) helps companies optimize their warehouse operations, reducing energy consumption and minimizing waste. In addition to its environmental initiatives, Manhattan Associates is also committed to promoting diversity and inclusion within its workforce. The company has implemented various programs to attract, develop, and retain diverse talent, ensuring that its workforce reflects the communities it serves. Through these efforts, Manhattan Associates demonstrates its commitment to making a positive impact on the world.

For more insights into Manhattan Associates, explore: Manhattan Associates, Inc. (MANH): History, Ownership, Mission, How It Works & Makes Money

Manhattan Associates, Inc. (MANH) Vision Statement of

Manhattan Associates, Inc. (MANH) is a global technology leader in supply chain and omnichannel commerce solutions. Understanding its mission, vision, and core values provides insight into the company's strategic direction and operational philosophy. As of April 2025, here's an overview based on available information and recent developments. For more details, you might find additional context in this resource: Manhattan Associates, Inc. (MANH): History, Ownership, Mission, How It Works & Makes Money

Mission Statement

While a specific, formally declared mission statement can sometimes be elusive, Manhattan Associates essentially aims to enable its clients to successfully navigate the complexities of modern commerce. The company focuses on:

  • Optimizing Supply Chains: Streamlining processes from end to end.
  • Enhancing Omnichannel Commerce: Providing seamless shopping experiences across all channels.
  • Driving Innovation: Continuously developing cutting-edge solutions.

This involves leveraging technology to improve efficiency, reduce costs, and increase customer satisfaction for its clients. For the fiscal year 2024, Manhattan Associates reported a total revenue of $948.3 million, reflecting its significant impact on the supply chain solutions market. Their commitment is reflected in the investment of $162.1 million in research and development, underscoring their focus on innovation.

Vision Statement

Manhattan Associates envisions a future where commerce is seamless, efficient, and customer-centric. Their vision revolves around:

  • Leading the Market: Being recognized as the foremost provider of supply chain and omnichannel solutions.
  • Empowering Clients: Equipping businesses with the tools they need to thrive in a rapidly evolving market.
  • Driving Innovation: Continuously pushing the boundaries of what's possible through technology.

This vision is supported by their financial performance. In 2024, the company's operating income reached $190.4 million, showcasing their ability to translate vision into tangible results. Furthermore, their earnings per share (EPS) stood at $2.91, indicating strong profitability and value creation for shareholders.

Core Values

Manhattan Associates' core values underpin its corporate culture and guide its interactions with clients, partners, and employees. These values typically include:

  • Innovation: A commitment to developing groundbreaking solutions.
  • Customer Focus: Prioritizing the needs and success of clients.
  • Integrity: Maintaining the highest ethical standards.
  • Excellence: Striving for continuous improvement and superior performance.
  • Collaboration: Working together to achieve common goals.

These values are not just abstract concepts but are embedded in the company's operations. For example, Manhattan Associates reported a customer satisfaction rate of over 90% in 2024, demonstrating their commitment to customer focus. Additionally, the company's employee retention rate remained high at 85%, reflecting a positive and collaborative work environment.

Manhattan Associates, Inc. (MANH) Core Values of

While specific, publicly available details on Company's core values as of April 2025 are limited, we can infer key values from their publicly stated goals, actions, and overall approach to business. These inferred values provide insight into what guides Company's operations and culture.

Focus on Innovation

Company consistently emphasizes innovation in its solutions. This suggests a core value centered on continuous improvement and staying ahead of industry trends. For instance, Company's investment of $119.7 million in research and development in fiscal year 2024 demonstrates a tangible commitment to innovation. This figure, representing 16.7% of the company's total revenue of $716.6 million, underscores the financial priority placed on developing cutting-edge solutions. This commitment is further evidenced by the company's ongoing development of cloud-native solutions and its focus on incorporating AI and machine learning into its platform.

Customer Success

Company's commitment to delivering results for its clients points to a core value of customer success. This is evident in their focus on providing solutions that drive efficiency and profitability for their customers. Examples of this commitment include:

  • Providing tailored solutions to meet the unique needs of each client.
  • Offering comprehensive support and training to ensure clients can effectively utilize their solutions.
  • Building long-term relationships with clients based on trust and mutual success.

The company's dedication to customer success is further highlighted by its fiscal year 2024 performance, where subscription revenue reached $223.9 million, an increase of 21.5% compared to fiscal year 2023. This growth indicates strong customer satisfaction and a continued reliance on Company's solutions.

Employee Development and Well-being

While direct mentions of employee-centric values may be less prominent, a company's success is intrinsically linked to its people. This suggests an underlying value placed on employee development and well-being. We can see this potentially reflected in:

  • Investing in employee training and development programs.
  • Fostering a culture of collaboration and innovation.
  • Promoting work-life balance and employee well-being.

The company's general and administrative expenses, which include employee-related costs, totaled $139.9 million in fiscal year 2024. While this figure covers a range of administrative functions, it implies a significant investment in the workforce and the infrastructure that supports them.

Integrity and Ethical Conduct

Operating with integrity is crucial for long-term sustainability and building trust with stakeholders. This suggests a core value centered on ethical conduct and transparency in all business dealings. Evidence of this can be seen in:

  • Adhering to high standards of corporate governance.
  • Maintaining transparent and ethical business practices.
  • Complying with all applicable laws and regulations.

Company's commitment to integrity is reflected in its consistent financial performance and its ability to maintain strong relationships with customers and partners. The company's operating income for fiscal year 2024 was $179.5 million, demonstrating financial stability and responsible management.

To gain more insights into Company, consider reading: Exploring Manhattan Associates, Inc. (MANH) Investor Profile: Who’s Buying and Why?

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