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Argos Goes Live with i2 Demand Planner; Multi-Channel Retailer Aims to Improve Product Availability and Reduce Costs with i2 Solutions.


LONDON -- i2 Technologies, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), a leading provider of closed-loop supply chain management solutions as well as advanced planning and optimisation solutions for the retail industry, today announced that British retailer Argos is now live with i2 Demand Planner. Argos reports that this go-live can enable the company to forecast demand for more than 10,000 product items and allow product availability for customers using its catalogues, online storefront A store on the Internet that offers items for sale and is capable of handling the financial transaction online. See cybermall and digital money.  and over 560 shops in the UK and Ireland.

"With strong competition both on the street and from the Internet, there is a great deal of pressure on retailers to keep prices low, while still offering a wide range of products in stock," said Caroline Bell, supply chain programme manager for integrated planning In amphibious operations, the planning accomplished by commanders and staffs of corresponding echelons from parallel chains of command within the amphibious task force. See also amphibious operation; amphibious task force. , Argos. "We need to be sharp at predicting what customers want and make sure that we supply it in the right volumes. At the same time, we need to do this in the quickest and most efficient way possible, to help deliver lower prices for our customers. It is our goal to improve our product availability and reduce costs and we will be working on using Demand Planner to support this by improving our forecasting."

i2 Demand Planner is designed to help companies more accurately model and predict customer demand. It can be tailored to the forecasting needs of different product categories to address fast and slow moving items, seasonal and promotional lines and it will also highlight exceptions, where actual sales differ from the forecast. "An exception-based approach will enable us to make adjustments to our forecasts so that we do not over-stock or under-stock, and disappoint dis·ap·point  
v. dis·ap·point·ed, dis·ap·point·ing, dis·ap·points

v.tr.
1. To fail to satisfy the hope, desire, or expectation of.

2.
 our customers," explains Bell.

"In today's volatile consumer market, it is essential for retailers to focus on providing exemplary customer service, breadth of choice and outstanding value. Powerful forecasting tools can make a significant contribution to these aims as well as improve costs and efficiency for the retailer," said Lee Gill, Vice President, Retail, i2."This is the company's second implementation of i2 software. We look forward to seeing tangible benefits and business improvements particularly in product availability and levels of inventory. We are proud to be associated with Argos and we continue to invest in further strengthening our relationship with this highly successful retailer."

Argos also leverages i2 Merchandise Planner for its operational sales and stock planning processes, as well as for planning its catalogue and promotional activities. The solution, which has been developed for retailers by i2, helps companies plan their product assortments, pricing and store allocations. i2 retail solutions include a range of modular and flexible solutions covering merchandise planning Merchandise Planning is a strategic and systematic approach used by retailers, particularly in fashion and non-food areas. It is aimed at maximising return on investment, through planning and monitoring sales, margins and inventory in order to increase profitability. , replenishment replenishment

the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography.
 planning and execution, price and revenue optimisation and end-to-end transportation, planning and execution.

About Argos

Founded in 1973, Argos is the UK's leading general merchandise retailer with sales of more than GBP GBP

In currencies, this is the abbreviation for the British Pound.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 3 billion (US$5.5 billion). Owned by GUS GUS Gemeinschaft Unabhängiger Staaten (German: CIS)
GUS Gravis Ultrasound
GUS Great Universal Stores
GUS Grown Up Soda
GUS Giornalisti Uffici Stampa (Italian)
GUS Guide to the Use of Standards
 plc and part of the Argos Retail Group, Argos has more than 560 stores throughout the UK and Republic of Ireland, as well as distribution centres, call centres and a head office in Milton Keynes Milton Keynes (mĭl`tən kēnz`), town (1991 pop. 36,886) and borough, S central England. Milton Keynes was designated one of the new towns in 1967 to alleviate overpopulation in London. It is the seat of the Open Univ. , England. Argos employs more than 23,000 people and is a leading player in many markets including consumer electronics, furniture, jewellery and sports equipment.

-more-

Argos Goes Live with i2 Demand Planner

Page 2

About i2

A leading provider of closed-loop supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize See synchronization.  activities involved in successfully managing supply and demand. i2's global customer base consists of some of the world's market leaders - including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.

i2 is a registered trademark of i2 Technologies US, Inc. and i2 Technologies, Inc.

i2 Cautionary Language

This press release may contain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve risks and uncertainties, including forward-looking statements regarding a customer's ability to implement or integrate i2 solutions successfully and in a timely fashion, receive expected functionality and performance, or achieve benefits attributable to i2 solutions. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Quarterly Report on Form 10-Q Form 10-Q

See 10-Q.
 filed August 9, 2004 and the Annual Report on form 10-K/A filed March 17, 2004. i2 assumes no obligation to update the forward-looking information contained in this news release.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 11, 2004
Words:773
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