Billion Dollar Chedraui Improves Bottom Line with JDA's Corporate Headquarters Solution.Business Editors/High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 10, 2000 Mexico-Based Hypermarket hy·per·mar·ket n. A very large commercial establishment that is a combination of a department store and a supermarket. hypermarket Noun a huge self-service store [translation of French Retailer Reports Better Customer Service, Inventory Turnover, Pricing Strategies There are many ways in which the price of a product can be determined. The following are the foremost strategies that businesses are likely to use. Competition-based pricing Setting the price based upon prices of the similar competitor products. Among Benefits JDA JDA Japan Defense Agency JDA Joint Development Agreement JDA Janne da Arc (band) JDA Joint Duty Assignment JDA Jerusalem Development Authority JDA Jovian Detention Authority (gaming) (R) Software Group Inc. (Nasdaq: JDAS) Tuesday announced that billion dollar retailer, Chedraui, one of the leading hypermarket chains in Mexico, has improved operational efficiencies with JDA's IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) AS/400-based corporate headquarters solution, Merchandise Management System A merchandise management system (MMS) is an automated information system to keep track of the inventory in a warehouse or store. Usually the merchandise can be grouped into product lines. (TM) (MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. (R)). Chedraui chose MMS to help maintain its market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. during economic hard times as well as compete against many international companies penetrating the Mexican market. Since completing the implementation of MMS, the hypermarket retailer has reported improved inventory management, pricing strategies and, consequently, customer service. In short, the national retailer credits MMS with improving its bottom line. Chedraui's chief technology officer, Diego Moreno commented, "JDA's MMS provided the backbone that our internally built system and many competitor systems lacked. We were seeking a solution that would provide leading edge functionality; a system that would provide reliable data so that we could make the right business decisions; a system that would optimize our retail business processes." MMS provides Chedraui with that and more. "Our mission is simple: to offer our customers the merchandise they prefer at the best prices and most convenient locations," commented Moreno. "MMS is allowing us to easily achieve our mission. It has become the most used system in our business by providing us with more information than we ever had before. For example, we are performing multi-dimensional analyses, something that was not an option for us previously." JDA's vice president of Latin American operations, Carlos Teixeira, stated, "We are very pleased that Chedraui is reporting such positive results with MMS. In Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , there are many economic and political factors that can immediately impact the health of a retail business. "For this reason, it is imperative that international and national retailers have a powerful solution that enables them to reduce costs and streamline operations. MMS' comprehensive retail functionality is successfully helping retailers meet this challenge. As a result, retailers such as Chedraui are using JDA to increase their competitive edge." After considering several packaged systems, the national hypermarket retailer chose JDA's corporate headquarters solution to help manage the more than 40,000 SKUs offered in its 49 stores. Proving its commitment to MMS, Chedraui started an internal communications About JDA Software JDA Software Group, Inc. is a demand and supply chain partner to the world’s leading retailers, manufacturers and suppliers and is located in Scottsdale, AZ. History Jim Armstrong, co-founded the U.S.-based JDA Software in 1985. Group With more than 1,000 retail and 2,500 manufacturing clients, JDA Software Group Inc. is the global leader in providing integrated software Separate software components or applications that have been combined into one package. See integrated software package. and professional services that address real-world issues to help multi-channel companies manage their mission critical operations. By capitalizing on its market position and financial strength, JDA commits significant resources in furthering its next generation of retail intelligent solutions that exploit the power of the Internet to meet emerging business needs. About JDA Software Group With more than 1,000 retail and 2,500 manufacturing clients, JDA Software Group Inc. is the global leader in providing integrated software and professional services that address real-world issues to help multi-channel companies manage their mission critical operations. By capitalizing on its market position and financial strength, JDA commits significant resources in furthering its next generation of retail intelligent solutions that exploit the power of the Internet to meet emerging business needs. Founded in 1985, JDA is headquartered in Scottsdale and employs approximately 1,100 associates operating from 26 offices in major cities throughout North America, South America, Europe, Asia and Australia. For more information, visit JDA at http://www.jda.com. Forward-looking statements contained in this press release are made under the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors are described from time to time in SEC reports filed by the company. "JDA" and "MMS" are registered trademarks and "Merchandise Management System" is a trademark of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" and "Merchandise Management System" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders. |
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