Home / Knowledge / News / Information Technology / Shoppers Stop expands software investment in JDA
Shoppers Stop expands software investment in JDA
04
Mar '14
JDA Software Group, Inc., announced that Shoppers Stop, India’s largest department store chain, purchased additional licenses of JDA Allocation in the third quarter of 2013 to further strengthen the execution of its assortment strategies, achieve optimized store-specific size availability, and drive improved sales and customer satisfaction.
 
“We are delighted that Shoppers Stop has expanded its software investment in JDA”. The pioneer of modern retail in India, Shoppers Stop Ltd. has been instrumental in bringing about the retail revolution in the country. Since its inception in 1991, the company has introduced various retail formats in India and has become a benchmark for the Indian retail industry.
 
The purchase of additional licenses by the retailer comes in the wake of the marked improvements it experienced in assortment and allocation efficiencies after going live with JDA Allocation in 2013. The solution streamlined the existing replenishment methodology at Shoppers Stop by introducing an intelligent replenishment system, which accurately assessed the ability of a store to sell the products before stocking the inventory levels. It also enabled the retailer to efficiently target the optimal mix of products for each store and provided a quicker, more efficient process for creating and executing its allocation plans.
 
With Shoppers Stop looking to expand its footprint across more locations, it added licenses of JDA Allocation to adequately support its growth initiatives.
 
“The JDA solution has helped us standardize the merchandise allocation method across the entire supply chain,” said Govind Shrikhande, customer care associate and managing director, Shoppers Stop Ltd. “After rolling out the software in phase one, we’ve seen a marked improvement in inventory turns, which has contributed significantly to the increase in sales at the chain level. 


Must ReadView All

Respresentatives of over 30 Chinese companies in a meeting with officials of Kazakh Invest National Company; Courtesy: primeminister.kz

Textiles | On 17th Aug 2018

Kazakh-China cooperation in textiles explored in Astana

China and Kazakhstan have immense potential to cooperate in textiles...

Courtesy: Pexels

Textiles | On 17th Aug 2018

AWEX EMI closes at highest ever level of 2116ac clean/kg

The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI)...

Courtesy: VF Corporation

Apparel/Garments | On 17th Aug 2018

VF Corporation shifting global headquarters to Denver

VF Corporation, one of the largest apparel, footwear and accessories...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Mr Ambrose Chan
DSG International (Thailand) PLC

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search