New Zealand Retailer Mitre 10 Selects JustEnough Software to Improve Inventory Management

Newport Beach, Calif. – April 6, 2011 - JustEnough Software Corporation, a leading provider of demand management solutions for retailers, distributors and brand owners worldwide, today announced that Mitre 10, the leading home improvement retailer in New Zealand with an annual turnover of approximately NZ$1 billion, has selected its Demand Forecasting, Inventory Planning and Replenishment solutions.

Mitre 10’s use of the JustEnough solutions will help significantly improve inventory management across the retailer’s 100-plus stores. Benefits the company expects to achieve include a decrease in slow and obsolete stock throughout the network, a reduction in stock-outs of key product lines and a subsequent increase in service levels.

“We knew that bringing new solutions on board was crucial to our goal of generating more accurate demand forecasts, which will enable us to set appropriate inventory holding parameters at the store level and also deliver reliable demand metrics to our suppliers,” said Paul Bradburn, supply chain manager, Mitre 10.

“Inventory is often a retailer’s largest cost,” said Malcolm Buxton, JustEnough’s president and chief executive officer. “Retailers like Mitre 10 that leverage cuttingedge technology to improve stock management will not only streamline their operations and reduce costs, but they’ll gain customer loyalty and market share by ensuring that the most relevant and sought-after products are available on their store shelves. We look forward to supporting Mitre 10 in its quest to enhance its inventory management strategies.”

To learn more about JustEnough’s Allocation & Replenishment solutions for retail, visit www.justenough.com.

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