Wall Street Journal: True Value Retools Hardware Supply Chain with JDA software solutions.
The supplier is remodeling its distribution network - adding JDA software technology to become nimbler in a competitive home-improvement market.
Read the whole article in The Wall Street Journal >>whole article here>>
"Hardware wholesaler True Value Co. is retooling its supply chain in an effort to respond more nimbly in a home-improvement market that is being buffeted by e-commerce and competition from big-box retailers.
To improve the way it predicts demand, True Value is adding technology from JDA Software Inc. so it can adjust inventory levels more quickly, particularly for goods with highly variable demand like seasonal, promotional and weather-related goods. The software incorporates detailed information daily so the company isn’t relying on monthly forecasts.
In the Midwest, where the hub-and-spoke model went live at the end of last year, the software has helped boost the first-time fill rate to 99% from 97%.
“The tool allows us to look at the demand, look at the timing of the orders and replenish more effectively,” Mr. Hartmann said. “If a customer orders 100 products, not having one [item] is way better than not having three.”
More accurate forecasting also helps regional managers better predict how many people they will need to pick, pack and ship orders, he said, a key issue in a tight labor market where warehouse operators report difficulty recruiting and retaining workers."
- Read the whole article in The Wall Street Journal
>>whole article here>> - Find out more about JDA solutions here
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About JDA Software, Inc.
JDA Software offers the leading supply chain management (SCM) platform powered by artificial intelligence (AI) and machine learning (ML). JDA’s leading cloud solutions manage supply chains from end-to-end, spanning supply chain and retail planning, execution and delivery. Using JDA’s comprehensive SCM platform and its broad partner ecosystem, customers can better predict and shape demand, transform product delivery, fulfill more intelligently, grow revenue and profits, and deliver superior customer experiences. JDA’s proven solutions power an Autonomous Supply ChainTM for 4,000 of the world’s leading companies including 75 of the top 100 retailers, 77 of the top 100 consumer goods companies, and 8 of the top 10 global 3PLs. Running JDA, you can plan to deliver. www.jda.com
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“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.
