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JustEnough InDemand - Volume 6 Issue 1
Another Record Year

Year in Review: A Message From JustEnough CEO Malcolm Buxton

Malcolm BuxtonLooking back, 2013 proved to be another record year for JustEnough. Total revenues were up 82% taking our annual average growth rate over the last five years to 42%. License revenues were up 158% compared with 2012 and Cloud revenues were up 66% as more companies move to adopting cloud-based solutions.

We also added a substantial number of new customers worldwide, including: Mr Price and GlaxoSmithKline (GSK) in South Africa; Bestway in the U.K.; Movado, Golfsmith, Altrec, Event Network, Lucky Vitamin, Bealls, Nortek and Alco Stores in North America. And a number of existing customers licensed additional JustEnough modules including Provide Commerce.

In order to support our growing customer base, we increased staff by 40% with the majority of these new team members dedicated to professional services, support and product strategy and development. And to house this larger team, we relocated our headquarters to Irvine, CA. We also opened a new office in London and added several very experienced retail professionals to our European team. With a solid customer base already in place in Europe, 2013 was the perfect time for JustEnough to enlarge our footprint and bring more resources to both current and prospective customers.

In working with retailers of all types and sizes, we found that promotions are top of mind for retail executives vying for greater market share and profits while trying to respond to today's consumer price sensitivity. In response to the market's need for a modern promotion management offering, we launched our Promotion Management solution in 2012. Last year we expanded that solution to include Deal Management and Social Media and Mobile marketing and are now offering them as part of our Enterprise Marketing Management suite of products. This solution is uniquely positioned to help retailers analyze past promotions; accurately plan and forecast new campaigns, events and promotions; publish them across traditional and new channels; as well as integrate them into their merchandise, assortment, forecasting, allocation and replenishment planning processes. To learn more visit our website.

These results underscore my belief that our solutions help today's modern retailers compete in the rapidly evolving and competitive omni-channel world. Our longtime and newest customers all know they can count on us to continue to develop solutions that will help them address their biggest challenges and capitalize on opportunities.

In closing, I thank our customers, partners and JustEnough team for making 2013 another record year. Your support pushes JustEnough to constantly innovate our solutions so that we can continue to uniquely solve today's demand problems and deliver value to leading retail, wholesale and direct-to-consumer businesses worldwide. We look forward to sharing trends and news with you throughout 2014.

Meet JustEnough at Convergence 2014
Also in this issue

New Customers

Read about the latest companies to join the JustEnough customer community.

Research Reports

Check out these research reports, which touch on some of today's most pressing industry challenges.

In the News

Read about JustEnough and our customers in industry-leading publications like Speak Magazine.

Don't-Miss Events

Don't miss these exciting events. Register today!

JustEnough Welcomes New Customers
  Bealls

Bealls was founded in 1915 and now operates more than 530 stores in 14 states offering a broad assortment of brand name clothing, swimwear, accessories and home goods. With Bealls' existing systems, delivering strong, focused product presentations and excellent in-stocks required a high inventory investment and was very time consuming.

Bealls was looking for a more robust forecasting and replenishment solution that could help them to continue to maintain a high level of customer service by helping identify and shift inventory investment into the styles and sizes that customers want. JustEnough was selected based on the solution's ability to be intelligently automatic and provide a superior level of control. Also, the intuitive and user-friendly interface is expected to accelerate user adoption.

Bealls licensed JustEnough's Replenishment and Profiling modules and will be deploying OnCloud.

Research Reports

Boston Retail Partners Annual Merchandise Planning & Allocation Benchmark Survey

Annual Merchandise Planning & Allocation Benchmark SurveyBoston Retail Partners (BRP) conducted their 2nd annual Merchandise Planning and Allocation (MP&A) Survey. The goal of this year's survey was to understand how rapidly changing consumer expectations are affecting retailer strategies and gain perspective on how retailers are reacting. BRP surveyed more than 500 top North American retailers to gain insight into their planning initiatives, priorities and future trends.

The 2nd MP&A survey found that companies across different retail segments have discovered different ways to adapt and prosper in this new retail paradigm. This report summarizes the results and key findings.

Read Complete Report

JustEnough in the News

Take a look at some of our most recent media coverage:

  Seeking Alpha

ALCO Stores Management Discusses Q3 2014 Results

Alco Stores Management highlighted their goals for implementing JustEnough's solution during their Q3 2014 results release. The solution is being implemented now and is targeted to be fully operational by the end of February 2014. Their goals include:

Reducing lower-volume store inventory by approximately 20%

Improving in-stock rates on key items across all stores

Lowering freight and handling expense by eliminating unproductive items

Increasing space allocation and overall store productivity

  SPEAK

JustEnough is featured in the Spring 2014 issue of Speak Magazine, Microsoft's premier publication for the retail industry.

Race to Success

Peter Leith explains how retailers can place merchandise financial planning at the forefront of their operations to put themselves in a position for success.

Event round up: planning in an unstructured world

JustEnough recently hosted an event in London with senior retail decision makers to examine how more accurate planning techniques can help retailers succeed in today's multi-channel environment.

JustEnough Don't Miss Events
  Convergence 2014

Convergence 2014

March 4 - 7, Atlants, GA

Convergence is the premier event for the Microsoft Dynamics community and is where opportunity and innovation meet to deliver real business value. It's the chance to make key business connections and to discover the full potential of Microsoft Dynamics solutions. Plan to meet with JustEnough at Convergence to learn more about how JustEnough integrated to Microsoft Dynamics can help your business.
Schedule a time to meet with us at Convergence 2014

  The Art of Retail

The Art of Retail - What's Next in Retail

March 26, Montreal Canada

Is your business ready for what today's retail environment will look like tomorrow? Please join us for this special event as we look at top trends in the marketplace and hear from leading retailers including Howard Tafler, Head of Finance and Administration for DAVIDsTEA, and Alain Boudreault, Vice President & CIO of The Jean Coutu Group. You'll also hear from the keynote for the event Mitch Joel, President of Twist Image and author of CTL ALT DELETE, who was awarded Canada's Top 40 Under 40 and was recently named one of iMedia's 25 Internet Marketing Leaders and Innovators in the world.

Come network with other retailers and experience how Microsoft Dynamics AX and JustEnough can empower you today.
View Agenda & Register Now

  RetailConnections

RetailConnections Omnichannel Retail Executive Forum

May 13, Hotel Palomar Dallas

Retailers at the Omnichannel Retail Executive Forum will explore shopper engagement and delve into the underlying truth about the need for business process convergence. This one day forum, designed for senior retail executives, will feature keynotes, panels, themed discussions, extended networking and more.
Register Now

  Retail Merchandising

Retail Merchandising Conference

May 21 - 22, 2014, London

Retail Merchandising is the ONLY senior level merchandising event for retailers, focusing on strategic and tactical improvements for Europe and the rest of the world. It caters to retailers from across the spectrum of innovative apparel, food, DIY, Electronics, Pound/Discount, Drug & Beauty and Hard Goods stores, tackling the most relevant, pressing challenges and opportunities present in the industry.
Register Now

  RetailConnections

RetailConnections Omnichannel Retail Executive Forum

July 16, New York Marriott Downtown

Retailers at the Omnichannel Retail Executive Forum will explore shopper engagement and delve into the underlying truth about the need for business process convergence. This one day forum, designed for senior retail executives, will feature keynotes, panels, themed discussions, extended networking and more.
Register Now

  NRFTech 2014

NRFTech 2014

July 20 - 22, Terranea Resort, CA

NRFTech Technology Leadership Summit, an invitation-only event, is the forum for leading retail IT executives, and the retail industry's most influential senior-level IT event. Each year, invited participants take home actionable information on the latest trends in retail technology, business process innovation and strategic alignment between business and IT. The program promotes peer-to-peer discussion, knowledge sharing and offers plenty of networking opportunities. JustEnough has a limited number of invitations for senior-level retail executives. Contact us if you would like to join us at NRFTech 2014.
More Information

Contact Us

Interested in learning more about JustEnough? Visit www.justenough.com today.

 

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