Global Sports Implementing JDA Software’s Portfolio Solution to Extend ROI
Scottsdale, Ariz. – August 1, 2001 –
JDA® Software Group, Inc. (Nasdaq: JDAS) announced that Global Sports, Inc. (Nasdaq: GSPT), a leading developer and operator of e-commerce sporting goods businesses, is implementing the Portfolio™ Retail IDEAS data warehouse to augment their business intelligence capabilities. Global Sports is already using JDA’s integrated Merchandise Management System™ (MMS®) and MMS.com™ to manage and grow its unique e-commerce sporting goods business. With JDA at the core of its inventory management, Global Sports handles over 160,000 SKUs, 50,000 products, and approximately 1,000 brands.
Global Sports develops and operates the e-commerce sporting goods businesses of retailers, media companies, and professional sports organizations. Global Sports currently operates 20 partners’ sporting goods Web sites.
"With JDA, we have enhanced our scalable, common infrastructure which allows us to incorporate additional partners quickly and cost effectively into our existing business," stated Mark Reese, Global Sports’ Chief Operating Officer. Reese continued, "We are trusted by the biggest retail sporting goods companies in the United States to represent their brands online. We believe that the integration of Retail IDEAS with MMS will enable us to efficiently manage our inventory costs and increase our service levels."
Reese also added, "Global Sports selected Retail IDEAS based on the past benefits that we have achieved with JDA. Through this integration of Retail IDEAS with MMS, Global Sports is better prepared to handle the fluctuations in order volumes which is a part of the sporting goods business."
"In these difficult economic times, Global Sports is growing its business and increasing its IT investment with proven value-added applications such as Retail IDEAS," remarked Herb Cline, JDA’s Vice President of U.S. Operations. "We value our long term partnership with Global Sports and look forward to helping them further improve efficiencies, reduce operational costs and achieve extended ROI results. Retail IDEAS’ exception reporting, granular analysis and closed-loop action support capabilities will allow Global Sports to readily identify exception conditions that require immediate action."
In addition to Retail IDEAS, Global Sports is upgrading to the latest version of MMS, 4r5.
About JDA Software Group, Inc.
With more than 1,000 retail and 2,500 manufacturing clients, JDA Software Group, Inc. (NASDAQ:JDAS) is the global leader in providing integrated software and professional services that address real-world issues to help multi-channel companies manage their mission critical operations. By capitalizing on its market position and financial strength, JDA commits significant resources in furthering its next generation of retail intelligent solutions that exploit the power of the Internet to meet emerging business needs. Founded in 1985, JDA is headquartered in Scottsdale, Arizona and employs more than 1,100 associates operating from 32 offices in major cities throughout North America, South America, Europe, Asia and Australia. For more information, refer to JDA`s Web site at www.jda.com.
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JDA, MMS and Retail IDEAS are registered trademarks with the United States Patent and Trademark Office. Merchandise Management System and MMS.com are trademarks of JDA Software Group, Inc. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
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 including the ability Retail IDEAS to improve efficiencies, reduce operational costs and achieve extended ROI, we would remind our investors and prospective investors that future events may involve risks and uncertainties. These risks and uncertainties include the retailer’s use and implementation of the JDA products. Other 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.
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