Global software company leverages EMEA success for U.S. customer wins with Philips Lighting, Cooking.com, Sit `n Sleep, and Sheetz.
JustEnough Software Corporation, specializing in the delivery of powerful demand management solutions, today announced U.S. customer wins with Philips Lighting, Cooking.com, Sit `n Sleep, and Sheetz, following successes in the European, Middle Eastern and African markets.
JustEnough provides solutions that help retailers, wholesalers, manufacturers and distributors predict, manage and reduce the variability of demand, linking supply and demand chains so that the right products get to the right places at the right time in the right quantities. Accurately predicting and influencing demand has become the foundation of retail success.
Philips Lighting Company, the U.S.-based lighting company affiliated with Royal Philips Electronics of the Netherlands, is No. 1 in the global lighting market. Santa Monica, Calif.-based Cooking.com is an online retailer of cookware. Los Angeles-based Sit `n Sleep is a retailer of bedding. And Altoona, Penn.-based Sheetz is one of the country`s most recognized convenience store companies.
"Retailers face the ongoing challenge of having products available for their loyal customers, but not excessive stock that forces them to mark down prices and hurt their margins," said Malcolm Buxton, President and CEO of JustEnough. "We`re delighted to be helping our new customers eliminate excess stock, reduce lost sales, and minimize administrative time at store and head office, which translate to higher profitability."
JustEnough analyzes raw historic data, policy and promotional information, and then uses sophisticated demand forecasting techniques to create accurate forecasts of demand, supply and inventory. Using data from any existing enterprise resource planning (ERP) or transaction system - without complex levels of integration - JustEnough generates intelligence against which its host of "what if" planning applications can be run.
Retailers and wholesalers are using JustEnough to reduce complexity in their operations while ensuring the highest levels of availability and the lowest levels of inventory by completely automating demand forecasting, inventory optimization and replenishment, generating orders back into the underlying system for execution.
JustEnough acts on its accurate forecasts of demand, supply and inventory by generating transactions such as supplier orders, or by dynamically setting minimum/maximum levels that can be fed back into the underlying transaction system for execution at the distribution center (DC), DC to store, store to store or direct-store deliveries from suppliers.
Through its DemandChain Business Intelligence, JustEnough provides retailers and wholesalers with a host of planning and performance management applications, including Merchandise Planning & Allocation, Advanced Predictive Analytics & Reporting, and Supplier Management to create collaborative demand plans that are integrated back into operations to ensure that these are synchronized and executed as planned.
Share