JDA Software Group, Inc., today announced the general availability of JDA Retail.me Assortment Planning, a unique new SaaS-based offering powered by Google Cloud technology. JDA Retail.me delivers intelligent, customer-centric assortment planning capabilities, combining the art and science of retail planning, enabling retailers to connect product selection, ranging and buying decisions with customers through big data intelligence.
“There is a fundamental shift in the retail planning paradigm; customer expectations have changed as a result of the internet and mobility, users expect highly interactive, visual and instantly responsive applications and retailers expect rapidly available, lower cost solutions that provide the agility they need to respond to today’s fast-paced retail environment. Now is the time to revolutionize retail planning to truly meet the expectations of today’s omni-channel customer, users and retail operating model,” said Anand Medepalli, vice president of retail planning product strategy, JDA. “JDA Retail.me addresses these challenges by innovating everything about today’s solutions, with a new approach to technology that delivers unprecedented time-to-value and continuous upgrades, a new planning paradigm that starts with the customer and replaces today’s intuition-based spreadsheets with low touch, data science intelligence, and a user experience akin to online shopping, all powered by a highly responsive Google Cloud Platform.”
Reinvented User Experience & Planning Paradigm
JDA Retail.me Assortment Planning is the first of several planned applications JDA will be introducing this year as part of this next generation retail planning solution. JDA Retail.me Assortment Planning replaces clunky, complex spreadsheets with simple, highly visual, online shopping-like workspaces that enable users to think like their customers shop as they’re planning. Intelligent, data science scores each item in the assortment by customer segment and cluster, using historical buying behaviors to forecast their predicted performance, enabling planners to align product selection with customer preferences, while maximizing sales, margin and inventory productivity by aligning purchase plans, ranging and inventory placement with expected local demand. New real-time collaboration capabilities will increase productivity and organizational alignment by enabling merchants and planners to collaborate on assortment plans, tailoring offers for each customer segment retailers serve.
Leveraging the Power of the Cloud and Data Science
Retail.me uses low-touch machine learning algorithms pioneered by JDA Labs, a dedicated research and development group within JDA committed to delivering patentable innovations, best practices and new products to the market. Staffed by data scientists, user experience researchers and cutting edge software developers, JDA Labs uses the latest machine learning and visualization techniques to deliver an advanced, innovative solution to retailers.
Retail.me was designed and built for Google Cloud Platform, and delivers the flexibility and ease of access required in today’s fast-paced, volatile, always-on retail environment. Retail.me can be onboarded rapidly, while providing near-limitless scalability, real-time updates, and continuous ‘no downtime’ upgrades for unprecedented business agility.
Retail.me on ‘Stage’ at JDA FOCUS 2016
Attendees at JDA FOCUS 2016 held May 1-4, in Nashville will have the opportunity to experience the capabilities of JDA Retail.me via hands-on demonstrations. workshops and solution updates and hear first-hand perspectives from several major retailers on the importance of customer-centricity to retail planning:
Changing the Retail Game where it matters most A Blueprint for Today’s Retail Planning Reality & Beyond: Monday, May 2, 2:45-3:45 pm.: Learn how Retail.me revolutionizes everything you know about retail planning solutions through data science, technology and user experience innovation to meet truly meet the expectations of your customers, users and CIOs today and into the future, see our first application, Retail.me Assortment Planning live in action and preview our holistic vision for the future.
The Top 7 Trends in Omni-Channel Retail: Monday, May 2, 4:15 5:15 pm.: Join Adam Silverman, principal analyst at Forrester, as he discusses the top seven trends in omni-channel retailing and how these trends will impact the retail landscape over the next few years.
Re-envisioning the Retail Planning User Experience with JDA Labs: Monday, May 2, 4:15 5:15 pm.: Join us for a glimpse into how the JDA Lab's User Experience team is re-envisioning JDA's Retail Planning solutions to blend the art of retail with the analytics of planning and advanced retail data science insights, and how you can have direct input into these designs.
Kurt Salmon’s HD Merchandising and JDA’s Retail.me: An aligned vision of customer centric retailing: Tuesday, May 3, 9:45 10:45 am.: Senior executives from Kurt Salmon and JDA will present practical, take-back-and-use methods and processes to get closer to your customer, increase your profits and improve efficiency.
Retail.me Simply Smarter, Simply Faster, Simply Easier: Tuesday, May 3, 11:00 12:00 pm.: In Retail.me, data science insights underpin everything, to allow merchants to make better decisions faster, and to deal with the massive amounts of data that is the new reality of omni-channel retailing. Learn from JDA's Data Science team how Retail.me is bringing real innovation to merchandising, truly unleashing the art of retail with low-touch data science.
Discovering the DNA of our Most Important Customers A Story of Segmentation at Caleres: Tuesday, May 3, 2:00 3:00 pm.: This session will showcase how JDA Labs is using data science to help Caleres discover their most important customer segments and share some of the early insights found. Caleres will share their point of view on using analytics to help drive customer centric assortments versus the historical attribute-based approach.
Transitioning Merchandise Planning from Evolutionary to Revolutionary to meet Today’s Customer Expectations: Tuesday, May 3, 3:30 4:30 pm.: Join Sonia Peres-Dufour, Head of Merchandise Planning Systems at The Foschini Group as she shares her insights from over 14 years of experience leading Merchandising systems and process re-engineering into how merchandise planning needs to be revolutionized to meet customer's expectations in today's world.
Planning Your Path to a Simply Faster, Simply Easier, Customer-Centric Next Generation Retail Planning Solution: JDA Retail.me Interactive Workshop: On Wednesday, May 3, at 9:45 am., explore how to get started with adopting Retail.me. Learn about the paradigm shifts that need to take place in Retail Planning to meet today’s omni-channel customer expectations, take home an understanding of resource, data, technology and training requirements and participate in an assortment planning challenge.
JDA Retail.me ‘Test Drive’ in the Delivery Zone: Try out Retail.me Assortment Planning, meet the JDA Labs product management, data science and user experience teams, and watch a behind the scenes video of a ‘day in the life’ of the JDA Labs Retail.me team.
About JDA Software Group, Inc.
At JDA (jda.com), we’re fearless leaders. We’re the leading provider of end-to-end, integrated retail, omni-channel and supply chain planning and execution solutions for more than 4,000 customers worldwide. Our unique solutions empower our clients to reduce costs, increase profitability and improve collaboration so they can deliver on their customer promises every time. Using JDA, you can plan to deliver.
“JDA” is a trademark or registered trademark 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.