Scottsdale, Ariz. - September 24, 2003 - JDA® Software Group Inc. announced that Pharmavite LLC, manufacturer and distributor of Nature Made® vitamins, minerals and other dietary supplements, increased service levels from 90 to 99 percent in just three months as a result of using Portfolio Marketplace Replenish™. Since initiating a VICS®-compliant Collaborative Planning, Forecasting and Replenishment (CPFR®) program in March 2003 with $15.1 billion Rite Aid Corporation, Pharmavite has achieved other measurable results including:
· Nearly doubled inventory turns;
· Increased promotional sales and significantly reduced out of stocks;
· Decreased forecast error rates by almost one third.
“Rising health care costs and the frenetic pace of
· Nearly doubled inventory turns;
· Increased promotional sales and significantly reduced out of stocks;
· Decreased forecast error rates by almost one third.
“Rising health care costs and the frenetic pace of
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