JDA Software Announces Release Of JDA Assortment
New solution offering enables assortment planning and execution driven from a "capable to sell" position and linking to an optimal "by plan" methodology
JDA Software Group, Inc., The Supply Chain Company, recently announced the release of JDA Assortment 8.0, an innovative merchandising solution that effectively combines consumer purchase preferences, in-depth analytics, complete assortment lifecycle planning, and sizing and pre-pack optimization into one simple, easy-to-use workflow. JDA Assortment enables retailers to profitably analyze, plan, execute and distribute localized assortments in an exception-based, automated methodology across all channels and verticals – with continuous visibility into inter-dependent key performance indicators.
JDA Assortment is the result of converging the JDA Buying and Assortment Management and JDA Assortment Planning applications. By bringing together the bottom-up and top-down approaches to planning, retailers are better enabled to successfully plan assortments that align with the needs of their customers and their company’s strategic objectives.
“Accurate and localized assortments are key to enabling positive customer experiences,” said Wayne Usie, senior vice president, retail, JDA Software. “With JDA Assortment, retailers can align consumer-connected assortments with merchandising strategy and financial objectives while maximizing store space, user productivity and supply chain capabilities.”
In addition to the convergence of customized assortments and optimized inventory capabilities, JDA Assortment includes the following key features:
- Assortment Strategy: Align strategic or tactical assortment goals with the organization’s financial plans.
- Plan Versioning: Save multiple assortment plan versions (original, current, and working), simplifying workflow while still maintaining original plan objectives.
- Improved Assortment Tailoring: Create dynamic store groups (based on user-defined criteria), include or exclude store groups, specify different sales and inventory parameters and modify selling duration by store micro segments.
- Multi-Channel: Enjoy extended support for demand-driven assortments to multiple channels and channel-specific assortment planning with potentially different assortment parameters.
- Assortment Configurator: Streamline configurations and implementations to adapt to the needs of a specific retailer while also lowering the time and cost associated with the solution implementation.
- Filtering on Sales and Receipt Plan: Conduct attribute-based filtering to give planners greater control over their assortments by applying a unique strategy for similar product types.
- Product Assortment Lifecycle Management: View the comprehensive product lifecycle with the ability to review individual aspects. JDA Assortment also provides a graphical view to not only visualize assortment, but also a time-line view of how assortments flow over time, highlighting key transitional phases.
- Historical Analysis: Analyze historical data and derive key insights around preferred attributes by user defined metrics.
- Usability: Take advantage of multiple usability features leveraging core spreadsheet features like graphing, charting, filtering, and sorting for greater control over editing and analyzing assortments and applying specific strategies to improve assortment effectiveness.
JDA Assortment helps retailers bridge the gap between merchandise financial planning and item-level decisions, ensuring that strategies and goals align with organizational financial objectives. Moreover, it optimizes the assortment process by incorporating a “plan to sell” versus a traditional “plan to buy” methodology and further assists planners and buyers by determining the proper constraint-based inventory flow plans required across the entire supply chain that support the overall sales plan.
About JDA Software Group, Inc.
JDA Software Group, Inc., The Supply Chain Company, is the leading provider of innovative supply chain management, merchandising and pricing excellence solutions worldwide. JDA empowers more than 6,000 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the manufacturing, wholesale distribution, transportation, retail and services industries. With an integrated solutions offering that spans the entire supply chain from materials to the consumer, JDA leverages the powerful heritage and knowledge capital of acquired market leaders including i2 Technologies, Manugistics, E3, Intactix and Arthur. JDA’s multiple service options, delivered via JDA Cloud Services, provide customers with flexible configurations, rapid time to value, lower total cost of ownership and 24/7 functional and technical support and expertise. For more information, visit jda.com.
SOURCE: JDA Software Group, Inc.