JDA Wins 2005 Best Third Party Provider Award from VICS Association; Win Marks Fifth Consecutive Year JDA or Its Customers Outdistance Competition with VICS Collaborative Commerce Achievement Award.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 it won the 2005 Voluntary Inter-industry Commerce Standards (VICS VICS Vehicle Information and Communication System VICS Voluntary Interindustry Commerce Standards (Association) VICS Virtual Institute of Caribbean Studies VICS Voluntary Interindustry Communications Standards ) Award for Best Third Party Provider. The VICS association honored JDA for its JDA Portfolio(R) Collaborative Planning, Forecasting and Replenishment (CPFR CPFR Collaborative Planning, Forecasting and Replenishment CPFR Collaborative Planning, Forecasting, and Replenishment (merchandising) CPFR Continuous Planning Forecasting & Replenishment CPFR Calling Party Forced Release ) solution that enables retailer-manufacturer partners to synchronize supply chain processes for improved service levels on reduced inventory, increased sales and more efficient logistics order flow. This year's win over finalists Oracle/Retek and Symbol Technologies marks the fifth consecutive year that JDA or its customers have been selected as outstanding examples of strategic thinking and supply chain leadership by the VICS Association. Longtime Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and Customer Nominates JDA JDA was nominated for the VICS' Best Third Party Provider award by a leading consumer goods manufacturer that has launched three CPFR initiatives with Portfolio Collaborative Solutions(TM) from 2002 through 2004. This longtime JDA customer has achieved stellar results, including reducing out of stocks by 16.6 percent in 2004 over 2003. Fred Baumann, JDA's vice president of collaborative solutions, accepted the award on May 24, 2005, during a ceremony held in conjunction with the VICS/Retail Systems Super Conference in Chicago. "This prestigious industry recognition speaks strongly to the value that we deliver to our demand chain customers. We are proud to have helped more top companies establish exceedingly successful CPFR programs than any public retail exchange. Our customers have achieved unprecedented 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). because they measure and guide their programs with key metrics, develop patterns of trust and communication, embrace a willingness to change and rely on our award-winning software to enable their strategy," said Baumann. "We believe this unbeatable combination is why year after year the VICS Association recognizes our customers', and now our company's, dedication to more effective supply chain partnerships," added Baumann. Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. among JDA's CPFR Customers Achieving ROI 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. Baumann, approximately 260 trading partner pairs have utilized JDA solutions to support more than $4.3 billion in trade volume. Among JDA's customers is Rite Aid Corp., a leading drugstore chain with annual revenues of $16.8 billion. Rite Aid and a trading partner won the 2002 VICS Collaborative Commerce Achievement Award for "Best in VICS CPFR(R) Implementation" and were named a finalist for that award in 2005. "We are proud of the results that we have achieved with our CPFR program," said Paul Hanko, vice president of supply chain for Rite Aid. "By capitalizing on our supplier partner's unique product and logistics insight, along with the collaborative framework that JDA's replenishment and CPFR solutions support, we have achieved improved warehouse service levels to stores, reduced out of stocks and realized other supply chain efficiencies. Our partnership with JDA began in 1992 and we continue to see improvements in inventory management and supplier relationships." JDA Customers Achieve Top-Tier Status JDA's collaborative customer that submitted the 2005 Best Third Party Provider nomination to the VICS committee reported that it has been elevated to "top-tier status" from a supply chain performance perspective with each of its CPFR retailers due to the outstanding results that it has achieved across all installations. In addition to reducing out of stocks, the following is a representative sample of the company's results: --Reduced product expediting by 62 percent in 2004 versus 2003; --Reduced average days of supply by 23 percent; --Reduced DC to store service failures by 53 percent; --Decreased returns by 33 percent versus prior year; --Reduced slow moving inventory by 20 percent. Other JDA customers that have won the "Best in VICS CPFR(R) Implementation" in prior years include Ace Hardware and partner Henkel Consumer Adhesives winning in 2001; CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. Corp. and a key trading partner winning in 2003; and West Marine and partner 3M winning in 2004. 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. With more than 4,700 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 more than 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 South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe, Asia and Australia. For more information, visit www.jda.com, e-mail info@jda.com or call 800-479-7382. We do not believe this press release contains forward-looking statements within the meaning 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. Nevertheless, if remarks in this press release are considered to be "forward looking" or to have forward-looking implications (such as Baumann's statements concerning the anticipated benefits from using our products), we would remind our investors and prospective investors that future events may involve risks and uncertainties. Risks and uncertainties that may affect our business are detailed from time to time in the "Risks 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" and "Portfolio Collaborative Solutions" 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. |
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