JDA Powers Retail.me Planning Platform With Google Cloud

1/15/2016
JDA Software Group, Inc. unveiled its latest innovation within its next-generation retail planning solution "Retail.me," a one-of-its kind new SaaS-based offering powered by Google Cloud Platform that delivers intelligent, personalized and customer-centric retail planning capabilities. Retail.me is the first JDA SaaS solution built on Google Cloud Platform and is a result of JDA's strategic collaboration with Google.

"The consumer demand for 'me' retailing is transforming everything from the role of the store to how retailers select, plan, distribute, promote and price products to match unique shopper demand. Retail.me is next generation retail planning software that combines the art and science of merchandising to help retailers see their business the way their customers see it, in an intuitive, online shopping-like view based on actionable big data intelligence," said Wayne Usie, senior vice president of global industries and value delivery at JDA.

"The hyper-connected omnichannel consumer is retailers' new boss and Retail.me is the answer to helping them plan like their customers like to shop. It brings the art of retailing back to the merchant, delivers localized assortments and personalized offers, in an easy to use, highly visual and quick to implement solution, providing increased profits and margins to the retailer," he added.

Retail.me – first cloud offering built in "JDA Labs" environment
In today's 'me' commerce environment, technology-enabled consumers have enormous expectations that impact every aspect of retail. To survive in this new era, retailers need to understand shoppers' DNA throughout their shopping journey. Understanding the what, why, where, how and when of their buying behaviors gives retailers the agility to rapidly apply these insights to every planning and execution decision, the ability to see offers as customers do, and the ability to think like a customer when making a purchase.

Retail.me addresses these needs through its low-touch machine learning algorithms pioneered by JDA Labs, a dedicated research and development group within JDA committed to delivering patentable innovations, best practices and entirely new products to the market. Staffed by data scientists, user experience researchers and cutting edge software developers, this group uses the latest machine learning and visualization techniques to deliver an advanced, innovative solution – Retail.me – to retailers.

A new level of personalized assortment capabilities
This new release of Retail.me Assortment is the first of several planned innovations JDA will be introducing this year as part of this next generation retail planning solution. Retail.me has been designed to leverage retailers' big data sources, enabling better merchandise financial planning, assortments, promotions, inventory investment and inventory placement. Future capabilities will further the user experience through a collaboration framework allowing merchants and planners to collaborate in real-time on item selection, and ranging and buy planning decisions, and ultimately, delivering tailored offers for each customer segment retailers serve.

As a SaaS solution leveraging the power of Google Cloud Platform, retailers will be able to onboard Retail.me rapidly.  And, unlike today's retail planning systems that are not only too expensive to implement but also hard to use, Retail.me provides near-limitless scalability, real-time updates, and continuous 'no downtime' upgrades for unprecedented business agility.

"The analytical approach JDA is taking to customer segmentation and its application of the buying habits of consumers to key buying, ranging and merchandising decisions with Retail.me is to be welcomed. Its development represents a considerable step towards more dynamic, and less spreadsheet-dominated, retail planning environments," said Miya Knights, global technology research director, Planet Retail.
 
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