Scottsdale, AZ (PRWEB) October 17, 2011
JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, today announced that its customer, Goya Foods, has been selected by CGT Magazine as the winner of the 2011 SMB Market Award. Goya Foods was selected as one of five finalists by CGT’s editorial team based on a nomination submitted by JDA. CGT’s Research and Editorial Advisory Board, which includes senior level executives from P&G, Newell Rubbermaid, Gartner, Nestle, Accenture, PepsiCo and more, chose Goya Foods as the first place winner in this category.
The award recognizes Goya Foods as the SMB consumer goods firm that is best utilizing technology to achieve substantial growth in size and/or revenue. Goya Foods grew from a small store-front business into the largest Hispanic-owned food and number-one Latin brand company in the U.S. Celebrating its 75th anniversary this year, this family-owned business remains true to its roots — bringing unique Latin American flavors to a broad customer base.
Goya Foods uses JDA’s innovative solutions, including JDA® Demand and JDA® Fulfillment, to optimize supply chain planning processes ranging from purchase order management to a vendor-managed inventory program. This helps ensure its supply chain operations are equipped to continue delivering superior customer service and reduced operational costs while keeping pace with the company's growth.
“We’ve built our company on maximizing our sales by neighborhood, and that approach has worked very well since 1936,” said Peter Unanue, executive vice president of operations and logistics, Goya Foods. “As Goya has expanded, our targeted sales strategy has added incredible diversity to our product line. In just the last five years, the number of SKUs we carry has grown by 60 percent. That diversity gives us a significant competitive advantage, but it also has added a lot of supply chain complexity. We use JDA® Demand Classification to develop highly targeted forecasts that recognize the unique demand factors underlying different SKUs. The solution defines the best-fitting demand algorithms for each product. That enables us to have a much more accurate view of future demand, taking into account both promotions and product seasonality.”
The award will be presented to a Goya Foods representative at an awards ceremony Tuesday, Oct. 25 at the annual Consumer Goods Business & Technology Leadership Conference at the Ritz Carlton Hotel in Orlando, Fla.
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About JDA Software Group, Inc.
JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, is a leading provider of innovative supply chain management, merchandising and pricing excellence solutions. JDA empowers more than 6,000 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the discrete and process manufacturing, wholesale distribution, transportation, retail and services industries. With an integrated solutions offering that spans the entire supply chain from materials to the consumer, JDA leverages the powerful heritage and knowledge capital of acquired market leaders including i2 Technologies®, Manugistics®, E3®, Intactix® and Arthur®. JDA's multiple service options, delivered via the JDA® Private Cloud, provide customers with flexible configurations, rapid time-to-value, lower total cost of ownership and 24/7 functional and technical support and expertise.
This media alert contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “can,” “will,” “ensure,” “help,” “enable” and “expect” and other words with forward-looking connotations. In this press release, such forward-looking statements include, without limitation, remarks that JDA’s solutions help ensure its customers supply chain operations deliver increased customer service and reduced costs: (a) our solutions may not perform exactly as anticipated; (b) there may be implementation and integration problems associated with our solutions; and (c) other risks detailed from time to time in the “Risk Factors” section of our filings with the Securities and Exchange Commission. Additional information relating to the uncertainty affecting our business is contained in our filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, “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.
JDA Software Group, Inc.
14400 N. 87th Street
Scottsdale, Ariz. 85260