JDA Software Group Inc announced that Foschini Limited, a South African investment holding company with a core focus on retail and financial services, is leveraging JDA Software solutions to increase profits with reduced markdowns, improved data accuracy and more efficient, accurate distribution of products in the right mix of sizes to the right stores.
Foschini consists of 1,300 stores in 13 trading divisions that focus on lifestyle products ranging from fashion, jewelry, accessories, cosmetics, sporting and outdoor apparel to housewares.
After expanding into Botswana, Swaziland and Namibia, the company realized it needed sophisticated technology to enable targeted ranges and size scaling for all of its trading groups.
In addition to JDA Size Scaling, Foschini has implemented JDA Allocation, Arthur Knowledge Base and Portfolio Merchandise Management, which was selected following a thorough evaluation of software vendors including SAP and Oracle.
The JDA solutions enable Foschini to plan ranges that meet local demand more accurately, positively impacting the bottom line.
JDA Size Scaling was recently implemented in the company's 160-store Markham chain to measure sales patterns and view demand for each particular size by location, ensuring that the right quantities for all sizes are delivered to the appropriate store.
By addressing two critical merchandise management challenges for retailers – size demand by location andforecast estimates for following seasons – JDA Size Scaling enables more accurate allocation of products to locations resulting in a significant increase in sales and reductions in markdowns.
marketing@alchempro.com
