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JDAS Jda Software Grp., Inc. (MM)

45.18
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Jda Software Grp., Inc. (MM) NASDAQ:JDAS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 45.18 0 01:00:00

Duty Free Selects JDA Software’s Merchandising and Category Management Solutions

25/08/2009 1:00pm

Business Wire


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JDA® Software Group, Inc. (NASDAQ: JDAS) today announced that Duty Free Philippines, the country’s state-owned, duty-free retailer exclusive to travelers, has selected JDA’s industry-leading Merchandising and Category Management solution suites to help achieve precision merchandising, maximize sales and profitably satisfy consumer demand.

Committed to meeting the shopping needs of local and international travelers, the $190 million retailer sells perfume, jewelry, liquor, tobacco, confectionary, cosmetics, electronic goods and other imported merchandise in its eight on-airport and off-airport locations throughout the Philippines. More akin to department stores, Duty Free’s off-airport locations are also stocked with imported merchandise ranging from breakfast cereal to large household appliances and are mainly targeted at returning overseas Filipino workers.

With the implementation of JDA® Merchandise Management System (MMS) 10 years ago, Duty Free Philippines has been able to achieve excellent performance across sales channels, provide visibility into inventory position, as well as drive sales, margins and cash flow. The retailer’s expansion initiatives in the past year have prompted the implementation of additional licenses and upgrades of MMS to help optimize inventory across channels, to stay connected to core customers, as well as to help achieve continued success in this dynamic retail environment.

“In support of strategic initiatives, our main focus over the last 12 months has been the launching of the Northwing SM Cebu store and the arrival and departure stores at the Terminal 3 Ninoy Aquino International Airport and the new Davao International Airport,” said Dino Belmonte, division head for MIS, Duty Free Philippines. “With our ‘mall inside a mall’ retail concept, our goal is to efficiently provide both international tourists and overseas workers with a wide array of product lines, while at the same time increasing revenues.”

Duty Free Philippines is also implementing JDA® Space Planning to streamline operations with tightly integrated business processes, facilitate effective collaborative planning, reduce stock-outs, achieve precision merchandising through localized assortments and optimize space and category performance.

“Having the capability to secure the right assortment of products to the right locations and at the right time is vital to our success as a leader in the duty-free retail industry,” added Michael Christian Kho, general manager, Duty Free Philippines.

Stephen McNulty, JDA Software regional vice president, Asia Pacific, commented, “For an increased competitive edge, retailers must effectively streamline business management, embrace advanced technology, adapt to evolving consumer demands and leverage growth opportunities, as well as drive sales and cash flow. By investing in industry-leading Merchandising and Category Management technology, retailers can obtain the ability to maintain the lowest inventory investment while still sustaining superior service levels by aligning product supply with consumer demand to increase sales, margins and consumer satisfaction.”

McNulty added, “We are pleased to partner with Duty Free Philippines as it implements JDA’s Merchandising and Category Management solutions to help achieve demand-based precision merchandising, improve operational efficiencies, drive consistent store execution and grow its enterprise.”

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, 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, Mr. McNulty’s remarks that JDA’s Merchandising and Category Management can help companies to maintain the lowest inventory investment while still sustaining superior service levels. 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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