Loblaw Companies Limited Selects JDA Software To Strengthen Forecasting And Inventory Management And Streamline Its Transportation Network
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--JDA® Software Group, Inc. (NASDAQ: JDAS) today announced that Loblaw Companies Limited, Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services, has signed a license agreement to leverage JDA Software's supply chain solutions.
With 140,000 employees, CAD$29.4 billion in annual revenue and more than 1,000 corporate and franchised stores nationally, Loblaw is implementing JDA's Supply & Demand Optimization solutions to further drive optimization and process improvement. Loblaw will also leverage JDA Transportation & Logistics Management solutions to enable the company to proactively manage supplier and carrier relationships, reduce expediting costs and enhance service levels.
"Loblaw is focused on improving our core retail processes to enhance the experience of our customers. To that end, our partnership with JDA represents an essential step toward strengthening our ability to drive supply chain enhancements in forecasting, replenishment and transportation," said Catherine Booth, senior vice president, information technology, Loblaw Companies Limited. "We are confident that JDA will deliver proven technologies appropriate for a grocery retailer of our size, and we look forward to increasing the efficiency of our processes through these solutions."
Wayne Usie, JDA senior vice president, retail, said, "Companies are increasingly becoming focused on achieving true supply chain optimization excellence to deliver improved market responsiveness, streamlined transportation networks, optimized enterprise-wide inventory levels and increased customer service levels. Loblaw is the latest in a series of market-leading retailers that have chosen JDA's Supply & Demand Optimization solutions to provide high in-stock positions while driving operational efficiencies and bottom-line results."
About JDA Software Group, Inc.
JDA® Software Group, Inc. (NASDAQ: JDAS) is focused on helping companies realize real supply chain and revenue management results – fast. JDA Software delivers integrated merchandising as well as supply chain and revenue management planning, execution, and optimization solutions for the consumer-driven supply chain and services industries. Through its industry leading solutions, leading manufacturers, distributors, retailers and services companies around the world are growing their businesses with greater predictability and more profitably. For more information on JDA Software, visit www.jda.com or contact us at info@jda.com or call +1-800-479-7382.
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We do not believe this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Nevertheless, if remarks in this press release are considered to be "forward-looking" or to have forward-looking implications (such as Mr. Usie's remarks concerning the potential benefits of using our solutions), we would remind our investors and prospective investors that future events may involve risks and uncertainties. These risks and uncertainties include the fact that not all users will be able to utilize our products with successful results. Other 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.
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