How do I improve OP & OII for Multi-channel Retailers
MERCHANDISE MANAGEMENT SYSTEM
CHALLENGE: Improving Operational Performance and Optimizing Inventory Investment for Multi-Channel Retailers
In retail, there is one constant you can count on, and that’s change.
Competitors emerge, chains consolidate, regulations evolve and economies fluctuate – while consumer expectations continue to grow. For success in this dynamic environment, retailers must adapt to evolving consumer demands, leverage growth opportunities and stay connected to core customers.
Achieving peak performance requires a merchandise management solution that fosters strategic thinking and flawless execution. Retailers need a proven, cost-effective and integrated system that adapts to changes across sales channels, provides visibility into inventory position and empowers their teams to act fast on market shifts and corporate initiatives.
SOLUTION: Merchandise Management System-I
JDA Software enables operational excellence with world-class Merchandise Management System-I (MMS®). Based on over 20 years of merchandising best practices, MMS is the world’s leading host transaction solution for the IBM iSeries environment.
More than 360 retailers in 60 countries rely on MMS to drive sales, margins and cash flow by getting the right products at the right price to the right place at the right time. MMS’ scalable architecture enables a speed-to-value implementation while ensuring data integrity and streamlined business management.
Increase Revenues with Advanced Pricing and Promotions
Increasing revenues requires advanced pricing methods. MMS enables you to proactively implement pricing based on rules you define: margin, competitive prices, vendor incentives and chain/ zone/store overrides. It then automatically generates suggested changes and even simulates pricing strategies. You’ll make better decisions faster by evaluating and reacting to financial effects of planned price events prior to implementing.
With consumers having online access to price comparisons, MMS helps you maintain the advantage. By comparing competitors’ prices against your defined parameters, MMS suggests optimum pricing that allows for quick adjustments to secure the sale.
