(Source: Business Wire)
JDA® Software Group, Inc. (NASDAQ: JDAS) today announced that Duty Free Philippines, the country's state-owned, duty-free retailer exclusive to travelers, has selected JDA's industry-leading Merchandising and Category Management solution suites to help achieve precision merchandising, maximize sales and profitably satisfy consumer demand.
Committed to meeting the shopping needs of local and international travelers, the $190 million retailer sells perfume, jewelry, liquor, tobacco, confectionary, cosmetics, electronic goods and other imported merchandise in its eight on-airport and off-airport locations throughout the Philippines. More akin to department stores, Duty Free's off-airport locations are also stocked with imported merchandise ranging from breakfast cereal to large household appliances and are mainly targeted at returning overseas Filipino workers.
With the implementation of JDA® Merchandise Management System (MMS) 10 years ago, Duty Free Philippines has been able to achieve excellent performance across sales channels, provide visibility into inventory position, as well as drive sales, margins and cash flow. The retailer's expansion initiatives in the past year have prompted the implementation of additional licenses and upgrades of MMS to help optimize inventory across channels, to stay connected to core customers, as well as to help achieve continued success in this dynamic retail environment.
"In support of strategic initiatives, our main focus over the last 12 months has been the launching of the Northwing SM Cebu store and the arrival and departure stores at the Terminal 3 Ninoy Aquino International Airport and the new Davao International Airport," said Dino Belmonte, division head for MIS, Duty Free Philippines. "With our mall inside a mall' retail concept, our goal is to efficiently provide both international tourists and overseas workers with a wide array of product lines, while at the same time increasing revenues."
Duty Free Philippines is also implementing JDA® Space Planning to streamline operations with tightly integrated business processes, facilitate effective collaborative planning, reduce stock-outs, achieve precision merchandising through localized assortments and optimize space and category performance.
"Having the capability to secure the right assortment of products to the right locations and at the right time is vital to our success as a leader in the duty-free retail industry," added Michael Christian Kho, general manager, Duty Free Philippines.
