Chilean Supermarket & Hypermarket Company to Improve Inventory Turns 15 Percent With JDA Software's Portfolio Solution.Business Editors/High-Tech & Retail Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 9, 2001 Las Brisas Las Brisas is a town in the state of Miranda, Venezuela. Goes Live with 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) in Nine Months and Achieves Immediate Benefits JDA(R) Software Group Inc. (Nasdaq: JDAS) Thursday announced that Las Brisas, a Chile-based national supermarket and 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, is on target to increase inventory turnover by 15 percent and achieve higher sales using the JDA Portfolio(TM) client/server corporate headquarters solution. Following a nine-month go live of JDA's Open DataBase Merchandising System(TM) (ODBMS (Object DataBase Management System) See object database. (R)), Las Brisas realized an immediate improvement in operational efficiencies with centralized management and decision making. "JDA delivered on its promise to implement ODBMS in a timely manner and, best of all, within budget. Given that we achieved important results shortly following our implementation, we are confident that ODBMS will provide us with a tangible bottom line 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). within a year," stated Las Brisas Chief Financial Officer Holger Paulmann. "Our stellar performance implementing ODBMS at Las Brisas' supermarket and hypermarket chains proves our ability to execute on one of the goals of our five-year growth plan: increase our presence in the food industry," commented JDA Chief Executive Officer Jim Armstrong Jim Armstrong may refer to:
"Our product development and acquisition strategies combined with our unique model of delivering innovative products and comprehensive services enable us to provide a total solution. This is very appealing to companies such as Las Brisas that want to strategically address their long-term business goals in the shortest possible timeframe." Grocer Achieves Fast Results with JDA Within the first few months of using the software, Paulmann said that ODBMS' proven best practice functionality has enabled Las Brisas to achieve benefits such as: -- Improved order fulfillment rates and supplier relations. -- Streamlined operations and sales practices. -- Optimized product mix by location. -- Reduced number of staff required to handle store-level administrative tasks. Added Paulmann, "ODBMS provides us with centralized information management and valuable analysis capabilities that allow us to make more accurate and timely decisions about our business. As a result we are reducing operational costs, improving price strategy management and ultimately increasing sales." Las Brisas implemented ODBMS on the advanced 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) pSeries UNIX server A medium to large-scale computer system in a network that runs under Unix. Unix servers are widely used as application servers and database servers and are available from a variety of vendors, including Sun, IBM, HP and others. , model M80, to achieve the benefits of world-class performance and expandability. 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. Founded in 1985, JDA is headquartered in Scottsdale and employs more than 1,100 associates operating from 32 offices in major cities throughout North America, South America, Europe, Asia and Australia. For more information, refer to JDA's Web site at http://www.jda.com. 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 ability of ODBMS to provide a retailer with a return on investment within a year, and our positioning to expand rapidly into markets such as the grocery industry. Future events may involve risks and uncertainties, including, but not limited to, uncertainties concerning retailers' implementation and use of ODBMS, and our ability or inability to sell or implement products effectively in new markets such as the grocery industry, 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" and "ODBMS" are registered trademarks and "Open DataBase Merchandising System" and "JDA Portfolio" are trademarks of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" 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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