Charlotte Russe Goes Live with JDA Software in Five Months; Fast Fashion Retailer Implements JDA Portfolio to Support Growth Plans.SCOTTSDALE, Ariz. -- 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) announced that Charlotte Russe charlotte russe n. A cold dessert of Bavarian cream set in a mold lined with ladyfingers. [French : charlotte, charlotte + russe, Russian.] Noun 1. Holding Inc. (Nasdaq: CHIC), a 370-store mall-based specialty apparel and accessories retailer, implemented several JDA Portfolio(R) applications in just five months for its contemporary fashion Rampage chain. The retailer also converted its junior fashion Charlotte Russe chain in seven months to JDA's Portfolio Merchandise Management(TM) (PMM PMM Purchase Money Mortgage PMM Project Management Methodology PMM Perpetual Motion Machine PMM Permanent Magnet Motor PMM Professional Murder Music (band) PMM Precision Measuring Machine PMM Power Management Mode (TM)), Performance Analysis by IDEAS(TM) and Advanced Planning Solutions by Arthur applications. With plans to expand to more than 700 stores, Charlotte Russe needed a strategic solution that could handle large transaction volumes and improve inventory visibility and tracking. "Speed to value drove our decision to take such a rapid deployment approach. The entire JDA team demonstrated terrific resolve in supporting the project go-live in a very compressed timeframe. It's one of the best teams I've worked with," stated Ed Wong, senior vice president of supply chain and systems at Charlotte Russe, a 25-year retail veteran with roots in planning and allocation. "We needed a vendor that was committed and responsive to resolving issues and JDA demonstrated these values time and time again," added Wong. Commenting on how JDA's services groups provided an integrated approach to the project, Wong added, "For example, the support team was involved throughout the implementation, which gave us confidence that our success would continue from day one of our go-live. JDA's support, including enhancements to current products and the introduction of its next-generation PortfolioEnabled(R) products, gives us confidence that we will continue to receive an excellent ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ." "JDA and Charlotte Russe have reached a significant milestone by completing this complex rollout on time and on budget. I am proud to extend my congratulations to Charlotte Russe executives, their enthusiastic business users, as well as the JDA associates involved in this successful implementation," commented JDA CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Hamish Brewer. JDA Tops Industry Vendors in Solution Selection Wong had a positive experience implementing JDA's Portfolio(TM) applications at another retail company, which removed the major variable risk that other vendors posed. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Wong, other vendors of host systems had unproven solutions, older technology and too much instability among their executive team, while another vendor offered unreliable third-party consulting services with an implementation process described as "very painful" by some retailers. "We selected PMM because it is a flexible solution that enables us to granularly analyze the sales mix sales mix See product mix. in multiple formats and offers more hierarchy levels, which is important for fashion," explained Wong. Regarding JDA's planning and allocation functionality, Wong stated, "There have been a slew of software products introduced by various vendors, but those products just don't have JDA's market traction or broad footprint, and we didn't want to be one of the first implementations for those companies." JDA Portfolio: Best Solution to Support Growth, Overall Merchandising Process Wong said another market differentiator is JDA's module-to-module integration between the Arthur(R) suite and PMM, as well as its open database design for easy access and management. "JDA's solution is unmatched in the industry. It provides the balance of features and functionality with easy-to-use screens, as well as the scalability, stability and maturity in terms of number of installed sites around the world. By adapting our merchants' workflow with JDA's best practice software, we are making more informed decisions and better managing the rapid inventory turns of our trendy, broad assortments," added Wong. In addition to PMM, Charlotte Russe is using Merchandise Planning Merchandise Planning is a strategic and systematic approach used by retailers, particularly in fashion and non-food areas. It is aimed at maximising return on investment, through planning and monitoring sales, margins and inventory in order to increase profitability. by Arthur(R), Advanced Allocation by Arthur(R), Assortment Planning Assortment Planning is a mission critical function for retailers. This is the place where the retailer meets the customer. The place where the retailer must buy exactly what their customers will buy. by Arthur(R), Performance Analysis Web by Arthur(TM), Arthur Knowledge Base(TM) and Performance Analysis by IDEAS. 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 Inc. With more than 4,800 retail, manufacturing and wholesale customers in 60 countries, JDA Software Group Inc. is a global leader in delivering integrated software Separate software components or applications that have been combined into one package. See integrated software package. and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for the retail demand chain. By capitalizing on its market position and financial strength, JDA commits significant resources to advancing JDA Portfolio, its suite of merchandising, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , analytic and collaborative solutions that improve revenues, efficiency and customer focus. Founded in 1985, JDA is headquartered in Scottsdale, Ariz., and employs approximately 1,100 associates operating from 26 offices in major cities throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America, Europe, Asia and Australia. For more information, visit www.jda.com, e-mail info@jda.com or call 800-479-7382. This press release contains forward-looking statements that are made in reliance upon 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. provisions 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. Such forward-looking statements include the projected benefits of using our products, and any implication that users will continue to license our products. Future events may involve risks and uncertainties, including, but not limited to, the fact that not all of our products have been fully integrated, the danger that users may not be able to implement or use our products with the results experienced by Charlotte Russe, the likelihood that users may license competitive products, and other risks detailed from time to time in the "Risk Factors" section of our filings with the Securities and Exchange Commission. As a result of these and other risks, actual results may differ materially from those predicted. We undertake no obligation to update information in this release. "JDA," "JDA Portfolio," "Portfolio," "Portfolio Merchandise Management," "PMM," "Merchandise Planning by Arthur," "Advanced Allocation by Arthur," "PortfolioEnabled," "Arthur Knowledge Base," "Assortment Planning by Arthur," "Performance Analysis Web by Arthur" and "Performance Analysis by IDEAS" are trademarks or registered trademarks 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. 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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