|By Business Wire||
|April 22, 2014 08:01 AM EDT||
JDA Software Group, Inc., today announced the release of JDA® Flowcasting™, a game-changing end-to-end supply chain collaboration and management solution.
The JDA Flowcasting solution enables a completely integrated and unified supply chain for manufacturers, distributors and retailers. Using inputs such as point-of-sale, inventory and promotions, JDA Flowcasting eliminates the disconnect that exists today in nearly all retail supply chains by providing a common set of plans for demand, replenishment, transportation, capacity and financial projections that all trading partners can agree upon and execute.
JDA Flowcasting represents the next generation of collaboration for trading partners looking to create joint value for their respective organizations and is a massive leap forward from previous forms of collaboration such as Collaborative Planning, Forecasting, and Replenishment (CPFR®). Built on JDA’s rich end-to-end collaborative supply chain management capabilities, JDA Flowcasting leverages JDA’s highly scalable architectural platform and is deployed via JDA Cloud Services to deliver rapid, sustained return on investment and enhanced organizational agility.
The solution enables trading partners to effectively collaborate on the supply chain parameters that drive time-phased plans from the shelf to the factory versus just the outputs of the plans, such as the sales or order forecast. By enabling the end-to-end supply chain to be modeled in a common shared cloud instance, accelerated forms of simulation can take place to extract new value streams that were not visible in the past. This allows trading partners to quickly evaluate the trade-offs of different supply chain options that drive mutual benefit, make joint decisions, and then quickly execute.
“JDA Flowcasting provides companies with dramatic new capabilities to drive higher on-shelf availability at lower supply chain costs,” said Fred Baumann, group vice president, JDA Software. “We are very excited about the business value this technology can bring to our customers and the long-standing problem it solves - enabling a single source of forecast truth for retailers and their suppliers.”
JDA Flowcasting is built upon three key capabilities: collaborative flow planning, prescriptive scenario modeling, and root-cause analysis and reporting, which help eliminate gaps in the information supply chain and provide manufacturers and retailers a more accurate view of consumer demand.
Collaborative Flow Planning
JDA Flowcasting delivers end-to-end supply chain visibility with a time-phased view across demand, inventory and transit, enabling retailers and suppliers to gain alignment on a consensus view of demand based on sell-through at the point of consumption. This drives visibility into all levels in the network and enables analytics directly from the real or e-commerce shelf, tying in replenishment and time-phased order collaboration with key trading partner participants.
Prescriptive Scenario Analysis
Prescriptive scenario analysis proactively enables retailers and suppliers to simulate changes ahead of time and agree on a common plan. Simulations are useful in planning promotions, new product introductions, changes to safety stock levels, display and presentation stocks, lead times, direct vs. indirect shipments and delivery calendars. These capabilities are unprecedented in the retail supply chain.
Predictive Analysis and Reporting
To ensure superior in-store execution and aligned supply chains, the solution includes out-of-the-box reporting to provide visibility into issues like out of stocks, promotional effectiveness and root causes, as well as focus on demand at the point of consumption, inventory exceptions, in-stock exceptions, and a time-phased view of the plan that companies can work and collaborate on together. JDA Flowcasting also provides contextual navigation to supply chain parameters and levers, enabling higher root-cause-to-remediation efficiencies, which is critical due to the scale of SKU proliferation in retail supply chains.
The Founders of Flowcasting Join JDA Software
JDA’s highly experienced flowcasting team is pleased to welcome the founders of the flowcasting method, André Martin, flowcasting advisor, and Darryl Landvater, senior product director, to JDA Software. Both Martin and Landvater come to JDA from RedPrairie, where they co-founded RedPrairie’s Collaborative Flowcasting Group, a software and consulting organization focused on integrating the retail supply chain from point of manufacture to final point of sales.
With more than 90 years of combined experience, Landvater and Martin pioneered the very first implementations of Distribution Resource Planning (DRP) systems. Both are world-class consultants in the field, and both have authored several books on the subject.
“We are very excited to welcome both André and Darryl to the JDA Flowcasting team,” said Hamish Brewer, chief executive officer, JDA Software. “Their years of industry and implementation expertise, along with their patented algorithms, ensure that existing and new JDA Flowcasting customers will continue to enjoy accelerated value and return from their JDA investment.”
“JDA Flowcasting is a total retail supply chain planning process that retailers and manufacturers can utilize to manage the supply chain from the store to the factory using a single set of numbers,” said André Martin, flowcasting advisor, JDA Software. “It actually becomes a model of the business and enables them to remove the planning disconnects of the supply chain, eliminating the bullwhip effect.”
Learn More about JDA Flowcasting at JDA FOCUS 2014
Make plans to attend JDA FOCUS 2014, the industry’s largest supply chain event, April 27-30 at the MGM Grand Hotel & Casino in Las Vegas to learn more about Flowcasting. At FOCUS, you will experience a unique opportunity to engage with other leading retailers and manufacturers to learn how this innovative solution solves key industry challenges.
While at FOCUS, also plan to attend the following JDA Flowcasting sessions:
- Flowcasting and Analytics Panel Discussion: Managing the Supply Chain to a Single Set of Numbers
- What-If'ing and Flowcasting Collaboration
- JDA Flowcasting and Analytics Solution Overview
- Slow-Mover Forecasting and Replenishment
- The Beer Game and the Bullwhip Effect (Invite Only)
Tweet this: .@JDASoftware launches JDA Flowcasting to enable game-changing collaboration between retailers & mfg’s. http://jda.com/twflow4
About JDA Software Group, Inc.
JDA Software is the leading provider of supply chain, manufacturing planning, retail planning, store operations and collaborative category management solutions. JDA’s innovative solutions and unmatched industry expertise help companies streamline their supply chain, optimize inventory, labor and customer service levels, and deliver increased profits. As a result, JDA’s solutions have become the industry standard for more than 4,000 of the world’s leading retailers, manufacturers and distributors. To learn more, visit jda.com or email [email protected].
“JDA” and ‘Flowcasting” are trademarks or registered trademark of JDA Software Group, Inc. Any trade, product or service names referenced in this document using the name “JDA” or ‘Flowcasting” are trademarks and/or property of JDA Software Group, Inc.
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