Optimera Gruppen A/S Selects JDA Software to Increase Sales & Reduce Stock Levels with Improved Inventory Management Strategies
November 10 2009 - 8:00AM
Business Wire
JDA® Software Group, Inc. (NASDAQ: JDAS)
today announced that Optimera Gruppen A/S, a leading
Norwegian building supplies and services retailer, licensed JDA®
Advanced Warehouse Replenishment (AWR) and JDA® Advanced Store
Replenishment (ASR) to gain a competitive advantage with improved
inventory management strategies that will drive greater
profitability.
The ability to create an optimized, multilevel replenishment
plan using AWR and ASR will help Optimera increase sales with
improved product availability, reduce obsolescence costs and
decrease in-store and warehouse stock levels. Results achieved by
other companies using these solutions include a 60-percent
reduction in overstocks, a 20-percent reduction in weeks of supply
and a 42-percent increase in inventory turns.
“We selected JDA’s advanced replenishment solutions to help
solidify our position as the leader in the local building supplies
market,” said Gaute Hørlyk, logistics director, Optimera.
“Based on benefits realized by other retailers using these
solutions, we look forward to quickly and effectively implementing
proven processes that will optimize one of our most significant
costs – inventory. We expect to realize substantial savings with
the support of JDA.”
Brian Mort, regional vice president, EMEA, JDA Software,
commented, “Improving inventory execution is a solid investment for
companies in any economy. However, in today’s retail environment,
the ability to quickly turn inventory into sales to drive
profitability is what differentiates winning companies from those
that are struggling. JDA’s advanced replenishment solutions help
retailers like Optimera become market leaders by improving their
ability to keep the right merchandise in stock at the right
cost.”
For more information about JDA’s Replenishment & Fulfillment
Management solutions, visit
http://www.jda.com/solutions/replenishment-fulfillment-overview.html.
About JDA Software Group, Inc.
JDA® Software Group, Inc. (NASDAQ: JDAS) is the world’s leading
supply chain solutions provider, helping companies optimize
operations and improve profitability. JDA drives business
efficiency for its global customer base of more than 5,800
retailers, manufacturers, wholesaler-distributors and services
industries companies through deep domain expertise and innovative
solutions. JDA’s combination of unmatched services, together with
its integrated yet modular solutions for merchandising, supply
chain planning and execution and revenue management, leverage the
strong heritage and knowledge capital of market leaders including
Manugistics, E3, Intactix and Arthur. When supply chain results
matter, companies turn to JDA. For more information about JDA
Software, visit www.jda.com or contact us at info@jda.com or call
+1 800 479 7382/+1 480 308 3000.
This press release contains forward-looking statements that are
made in reliance upon the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are generally accompanied by words such as “will,”
“can,” “ensure,” “help,” “enable” and “expect” and other words with
forward-looking connotations. In this press release, such
forward-looking statements include, without limitation, remarks
from Mr. Hørlyk and Mr. Mort that leveraging JDA’s advanced
technology solutions can help improve inventory management and
execution. The occurrence of future events may involve a number of
risks and uncertainties, including, but not limited to: (a) our
solutions may not perform exactly as we anticipate; (b) there may
be implementation and integration problems associated with our
solutions; and (c) other risks detailed from time to time in the
“Risk Factors” section of our filings with the Securities and
Exchange Commission. Additional information relating to the
uncertainty affecting our business is contained in our filings with
the SEC. As a result of these and other risks, actual results may
differ materially from those predicted. JDA is not under any
obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements, whether as a result
of new information, future events or otherwise.
“JDA” is a trademark or registered trademark of JDA Software
Group, Inc. Any trade, product or service name referenced in this
document using the name “JDA” is a trademark and/or property of JDA
Software Group, Inc.
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