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Technology Stocks : JDA Software -- Ignore unavailable to you. Want to Upgrade?

To: Bert Zed who wrote (188)	10/13/1998 9:00:00 AM
From: FreedomForAll	Respond to of 371

IBM, JDA Announce Partnership to Offer Comprehensive Retail Enterprise Management System for Greater China Retailers HONG KONG, SINGAPORE and PHOENIX--(BUSINESS WIRE)--Oct. 12, 1998--IBM Corp. and JDA Software Group (NASDAQ:JDAS - news), an international provider of enterprise retail solutions, Monday announced their partnership to deliver the most integrated suite of front-store and corporate office retail solutions in the Greater China region. The partnership signifies the incorporation of the most advanced information technology solutions into the retail marketplace, helping companies benefit from simplified and efficient enterprise, as well as store-level management of distributed retail branches. As part of the agreement, JDA's software products will be distributed, implemented and supported through IBM's extensive channels in China, Hong Kong and Taiwan. In collaboration with IBM's expertise in designing customized solutions and JDA's global presence in the retail solution market, the alliance will expand market opportunities for both companies in the Greater China retail marketplace. ''The strategic alliance with such a prominent retailer solutions company, JDA, reveals IBM's commitment in offering the most innovative and advanced technologies to help the retail industry during this challenging period, especially as this industry is the key economic pillar in the region,'' said Patrick Poon, general manager, distribution industry, IBM Greater China Group. ''As an established international retail solutions provider, we understand the unique requirements of the retail industry and envision the increasing demand for sophisticated retail solution in the Greater China market. ''The partnership will leverage both companies' core competencies to provide an end-to-end solution that will improve retailers' bottom line,'' said Lyn Schmidt, vice president and managing director for JDA's Asia Pacific Operations. An Integrated Solution for Greater China Retailers The JDA Retail Enterprise Management System is a leading, fully integrated solution for retailers to manage their entire retail supply chain from planning, buying and receiving to transferring, distributing and selling of goods to pricing and performance analysis. The solution consists of two major components; AS/400-based Merchandise Management System(TM) (MMS(R)) for corporate headquarters and Distributed Store Systems(TM) for Windows (Win/DSS(R)) for integrated store-level and store back office management. ''This major initiative with JDA will address the unique requirements of retailers and help them enhance their competitive advantage in the market. By leveraging the advantages of effective management along the supply chain, retailers can improve overall profitability and productivity,'' Poon added. The JDA solution is ideal for innovative retail clients who operate multiple stores and multiple distribution centers requiring a comprehensive enterprise-wide management information system. It enables customers to have an accurate tracking of the movement of inventory at various branches and plan ahead for any purchasing decisions. In addition, the automatic replenishment feature automates the process of refilling the stock by creating flexible replenishment schedules for specific products or locations when certain predetermined inventory levels are reached. In addition to the advantage of comprehensive supply chain management, the JDA solution enables retailers to develop and track various merchandise plans and assists in determining how much merchandise is needed for each period. Also, retailers can manage and locate multiple product transfers from store to store, store to warehouse and warehouse to warehouse. Using the decision and action support tools, merchandise, inventory and sales information can be analyzed and immediate action taken to improve performance and profitability by chain, store or stores groups. Notes to Editors ABOUT IBM IBM is the world's largest information technology company and a leading provider of technology and solutions worldwide for the retail and distribution industry. It played a leading role in driving the first two computing ''Waves.'' The first was mainframe computing. The second ''Wave'' marked the shift of power to the desktop through the development of the PC. IBM has fully embraced the ''Third Wave'' as an e-business company under the networked world, connecting people through their computers to colleagues, customers, suppliers, government departments, and a huge virtual world of information, services and entertainment. IBM opened for business in Hong Kong on April 16, 1957, and has been providing IT solutions to help Hong Kong's development since then. For more information about IBM Hong Kong, go to ibm.com.hk.