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Today's dynamic retail industry requires a scalable integrated system that adapts to changes across sales channels, provides visibility into inventory position, and empowers employees to respond to changing market conditions. Available on an open platform that scales to the needs of the largest tier-one retailers, JDA Portfolio Merchandise Management / PMM efficiently manages merchandise ordering, receiving and transferring tasks while leveraging analysis capabilities to drive more intelligent decision making.
Business Challenges
JDA Portfolio Merchandise Management / PMM puts you in control of your merchandising operations. The solution enables you to proactively implement pricing based on rules such as margin, competitive prices, vendor incentives, chain/zone/store overrides and promotional pricing by product hierarchy, attribute or vendor. It then automatically generates suggested changes, so you can evaluate the financial effects of planned price events prior to implementing.
Bottom Line Benefits
- Increased revenue with advanced pricing and promotions
- Improved margins with better understanding of true demand
- Optimized inventory investment across channels
- Enhanced workforce productivity
Why JDA
JDA Portfolio Merchandise Management / PMM helps you maintain the lowest inventory investment while still sustaining service levels. You can easily create a promotional price event by product hierarchy (e.g., mark down the entire men's department by 25 percent). The solution's automated alert system helps you identify, for example, inventories that require decisions, such as initiating purchase orders, markdowns or stock balancing transfers — empowering your staff to resolve issues quickly.
Application
The application suite includes:
- Product Maintenance
- Organization Maintenance
- Auto Replenishment
- Inventory Management
- Invoice Matching
- Merchandise Category Analysis
- Merchandise Receiving
- Physical Inventory
- Price Management
- Purchase Order Management
- Retail Stock Ledger
- Transfer Allocation
- Vendor Product Costing
- Data Manager
Product Maintenance – setup and manage SKU information including merchandise hierarchy, product attributes, multiple UPC's and case packs, price and cost information, and product dimensions.
Organization Maintenance – setup and manage location information (store and DC) including organization hierarchy, location attributes, and assortment plans and formats.
Auto Replenishment – systematically control store inventory levels using methods as defining product minimum and maximum levels or use more sophisticated statistical algorithms.
Inventory Management – track inventory movement, analyze inventory discrepancies and post inventory adjustments.
Invoice Matching – automatically or manually reconcile and match vendor invoices to ordered goods and receipted merchandise.
Merchandise Category Analysis – configurable, dynamic reporting tool allowing merchandise or category analysts, buyers and managers to track sales and inventory transactions at any level or any time frame.
Merchandise Receiving – allow inventory persons to post product receipted information or receipt discrepancies into merchandising system.
Physical Inventory – schedule store level physical inventory counts, freeze store counts, import store counts and post physical inventory adjustments.
Price Management – create chain, zone, or store level pricing events (including % discounts, $ discounts, and BOGOs).
Purchase Order Management – used to order goods from product suppliers, track the status of product orders and feed costs into average cost determination. Module can also be fed requests from Auto Replenishment to generate requests to satisfy distribution center need.
Retail Stock Ledger – configurable inventory valuation tool used to track Cost of Goods Sold and allows configurable valuation line items to be fed into corporate general ledger.
Transfer Management and Allocation – transfer product from DC to store, store to store, or store to DC. Auto Replenishment is configured to automatically generate and release transfer requests to satisfy store inventory needs.
Vendor Product Costing – maintain product supplier billing information and terms and create initial product costs and packaging statistics.
Data Manager – configurable tool for setting up and managing all Standard Data Interchange (SDI) inbound/outbound functions.
Our Service Offerings
RPE has extensive experience with JDA Portfolio Merchandise Management / PMM, both functionally and technically, serving many of the leading retail users.
Business consulting services include:
- Project management
- Strategic systems assessment
- Business process improvement
- Custom user training documentation
- User training sessions
- Custom application design
- New package implementation
- Software version upgrades
- Configuration review and setup
Technical consulting services include:
- Health Check
- Integration and interface development
- Data conversion and validation
- Base modifications
- Custom application development
- PL/SQL program performance tuning
- Oracle database configuration and stabilization
- Oracle 9i/10g upgrades
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