Brief Overview
To maintain its leadership position in a competitive retail environment, Woolworths sought to reduce inventory and streamline range planning to improve business processes and increase profitability. The retailer selected JDA's Buying & Assortment Management solution to help it address these business challenges. Today, the company is benefiting from a 20 to 30 percent increase in sales, as well as reduced markdowns, improved forecast accuracy and better decision making.
Benefits include:
Increased market share
Reduced markdowns
Optimized flow of inventory
Facilitated a more integrated way of working, from assortment build to fulfilment in stores
Enhanced decision-making capabilities
Improved forecasting to automatically adjust orders
Achieved more effective pre-season and end-of-season planning
Gained end-to-end supply chain visibility
Improved communication with suppliers