Five Below Adds Managed Services Platform

Five Below selects Island Pacific to provide managed services for its day-to-day operations and management of the Island Pacific suite of retail supply chain solutions currently installed at the company. This structure will allow Five Below to concentrate on their retail business and their growth initiatives as well as being able to accurately plan IT costs.

The Island Pacific solution at Five Below consists of Island Pacific Merchandising, Sales Audit, Financials, Dynamic Replenishment and Store. Included with Store, the Island Pacific Point of Sale and Store Operations solution also includes Retail Chain Manager.

"Island Pacific's managed services solution will support and maintain our ERP and POS systems at lower costs and with much less infrastructure than managing them in-house," said Chris DeMeester, VP of Information Technology for Five Below. "As we plan our future growth, scalability is a major objective in every technology we implement. A managed services solution provides infinite scalability as the infrastructure continues to grow with us and prevents the need for ongoing reinvestment."