Retailers are increasingly challenged to profitably manage their greatest asset: inventory. JDA Advanced Replenishment / E3 is a proven, industry-leading retail replenishment, forecasting and inventory management solution that projects sales and places automatic orders based on store/item selling histories.
In today’s volatile business climate, merchandising decisions must deliver high service levels, while minimizing inventory investments. Using up to four years of selling history, JDA Advanced Replenishment / E3 integrates demand and lead-time forecasting with order-policy and service-level analysis to provide you with accurate individual item demand forecasts and recommended orders. To ensure your forecasts are up-to-date and at the right level, the solution also supports daily demand profiles.
Bottom Line Benefits
- Reduced inventory, increased turns and optimized safety stock
- Decreased lost sales and lead times
- Improved buyer productivity
- Rapid implementation and return on investment payback
Outperforming solutions that utilize traditional min/max and one-for-one replenishment logic, JDA Advanced Replenishment / E3 conducts scientific and statistical evaluations of each buying decision variable. For each item, the solution weighs every factor for each store — including demand, seasonality, order frequency, lead times, vendor minimums and discounts, and service levels — and recommends the best action based on the most profitable result.
Advanced Store Replenishment (ASR), Network Optimization (OPT), Advanced Warehouse Replenishment (AWR), Marketplace Replenish GUI (MR GUI) and Electronic Dynamic Agreement (eDA) are offered by JDA Software to address the basic and advanced functions within the context of demand forecasting, replenishment and Collaborative Planning Forecasting and Replenishment (CPFR).
The application suite supports the seven steps of buying:
- Demand Forecasting
- Leadtime Forecasting
- Order Policy Analysis
- Service Level Analysis
- Special Order Analysis
- Order Validity
Other functions include:
- Support Store-level Detail
- Support Warehouse-level Detail
- Forecast Synchronization
- Store Coverage Adjustments
- VICS CPFR Award Winner
- Order Forecasts
Replenishment – generate suggested order quantities for every item/location every night. Due order logic suggests placing purchase orders only for those sources where additional product is required to preserve service levels.
Special Order Analysis – adds quantities to replenishment orders when Deals, Promotions or New Stores impact need. Overstock transfer allows JDA Advance Replenishment / E3 to support item needs without bringing additional inventory into the demand chain.
Order Forecasts – create order forecasts using the same logic as actual purchase orders. Up to one year of order forecasts can be collaborated on by trading partners and these order forecasts become purchase orders at appropriate timing.