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Lakeshore Learning Implementing JDA Portfolio to Support Growth Initiative
Educational and Learning Products Retailer Selects Portfolio Replenishment to Enhance Supply Chain Efficiencies
Scottsdale, Ariz. - February 25, 2003 - JDA® Software Group, Inc. announced that Lakeshore Learning Materials, Inc. is implementing a JDA Portfolio® solution. Offering a wide array of innovative learning materials and top quality educational products to teachers, parents and children all over the globe, the retailer will use Advanced Store Replenishment by E3™ to drive forecasting and replenishment efficiencies as well as support the company’s ambitious growth plans.
According to Bo Kaplan, Lakeshore Learning Materials' vice president of retail, the California-based company licensed Store Replenishment in fourth quarter 2002 to replace manual ordering processes with a business solution proven to deliver reliable, accurate forecasting and exacting ordering execution.
“In order to support the substantial expansion plans we’ve outlined for ourselves over the next several years, we require an automated business solution,” explained Kaplan. “We expect Store Replenishment to help set a solid foundation for growth while ensuring our shelves are not only full, but completely stocked with the right merchandise assortments to provide our customers’ 100 percent satisfaction.”
Continued Kaplan, “In our search for a replenishment application, we looked at virtually every vendor in the marketplace. We selected Store Replenishment because in the retail space, this product is the most proven and mature product available. With its successful track record with retailers in our same vertical, Store Replenishment is the best brand to manage our unique requirements.”
Commenting on the implementation at Lakeshore Learning Peter Charness, JDA’s senior vice president, global marketing and chief product officer stated, “We welcome Lakeshore Learning to our growing list of clients using our proven forecasting and replenishment solutions. We’re particularly pleased that Lakeshore Learning recognizes JDA Portfolio as the best-in-class provider of replenishment solutions capable of delivering functionality essential to retail growth and profitability.”
About JDA Software Group, Inc.
With more than 4,600 retail, wholesale and manufacturing clients in 60 countries, JDA Software Group, Inc. (Nasdaq:JDAS) is a global leader in delivering integrated software and professional services for the retail demand chain. By capitalizing on its market position and financial strength, JDA commits significant resources to advancing JDA Portfolio, its suite of merchandising, POS, analytic and collaborative solutions that improve revenues, efficiency and customer focus. Founded in 1985, JDA is headquartered in Scottsdale, Arizona and employs more than 1,200 associates operating from 31 offices in major cities throughout North America, South America, Europe, Asia and Australia. For more details, visit www.jda.com , call 1-800-479-7382 or email email@example.com.
We do not believe this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Nevertheless, if remarks in this press release are considered to be ``forward-looking'' or to have forward-looking implications (such as Mr. Kaplan’s statement that our solutions will deliver 100% customer satisfaction or any implication that JDA Portfolio will always delver retail growth and profitability, or other expected customer benefits from our solutions), we would remind our investors and prospective investors that future events may involve risks and uncertainties. Risks and uncertainties that may affect our business are detailed from time to time in the ``Risks Factors'' section of our filings with the Securities and Exchange Commission. As a result of these and other risks, actual results may differ materially from those predicted. We undertake no obligation to update information in this release.
"JDA,” ”JDA Portfolio,” E3, “Advanced Store Replenishment by E3” and “Store Replenishment” are trademarks or registered trademarks of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
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