Arizona State University Receives Multi-million Dollar Supply Chain Software Donation from i2.Business Editors/Education Writers/High-Tech Writers DALLAS & TEMPE, Ariz.--(BUSINESS WIRE)--June 8, 2004 Based on software solutions from an industry leader, ASU's supply chain lab simulates advanced supply chain practices to enhance educational offerings and research The W.P. Carey School of Business at Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. and i2 Technologies, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ) today announced a donation of software and services from i2, a leading provider of closed-loop supply chain management solutions, to ASU ASU Arizona State University (Tempe, AZ) ASU Appalachian State University ASU Arkansas State University ASU Angelo State University ASU Alabama State University ASU Australian Services Union . The multi-million dollar donation from i2 will augment an IBM-sponsored joint research and teaching initiative in supply chain management which links Arizona State University (ASU) with research laboratories at the Eli Broad College of Business The Eli Broad College of Business is the business college at Michigan State University. Eli Broad, an alumnus of Michigan State, endowed the college in 1991. The college has programs in accounting, general business - pre-law, finance, general management, human resource management, at Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. and the Smeal College of Business The Smeal College of Business is the business school of Penn State University, University Park, Pennsylvania. It was founded in 1953, and is named after Mary Jean and Frank Smeal. at Pennsylvania State University Pennsylvania State University, main campus at University Park, State College; land-grant and state supported; coeducational; chartered 1855, opened 1859 as Farmers' High School. . A fourth laboratory, at the Smurfit School of Business, University College, Dublin, will be dedicated this summer. "Partnerships between industry-leading supply chain solution providers and university leaders in research, education and executive development can be used to prepare tomorrow's supply chain leaders," said Joseph Carter For others with similar names, see . Joseph Carter (1910-1970) was the pseudonym of Joseph Friedman, a founding member of the American Trotskyist movement. , chairman of the department of supply chain management at the W.P. Carey School. "Curriculum enhancements made possible by this initiative can ultimately enhance the ability of businesses to optimize and synchronize dynamic supply chain activities." The donation includes the following i2 solutions: -- i2 Supply Chain Strategist (Tactician), a scenario-based strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. tool that supports key strategic decisions at each stage of the supply chain, from raw materials procurement through finished goods distribution. -- i2 Supply Chain Planner, a modeling tool designed to help companies achieve a high degree of customer satisfaction while working within the constraints imposed on their business. i2 Supply Chain Planner creates an executable plan that is truly optimized and spans different divisions within a company, including procurement, manufacturing, distribution, and warehousing. -- i2 Demand Planner, a forecasting tool that can optimize collaboration, collection, and rationalization of multiple forecasting inputs through a user-friendly interface combined with industry-leading statistical techniques and unlimited causal factors. -- i2 Factory Planner, a decision support solution for production planning and scheduling that simultaneously manages material and capacity constraints to develop feasible operating plans for plants, departments, production lines, or work centers. "Our customers can focus on increasing profitability via supply chain efficiencies that improve decision making and the ability to respond to rapidly changing market conditions," said i2 CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Sanjiv Sidhu Sanjiv Sidhu is the founder and chairman of i2 Technologies, originally named Intellection. The son of a chemical engineer from India left the safety of his lab job at Texas Instruments in 1988 to start i2 Technologies out of his apartment with no venture capital. . "Through our donation and support for this inter-university program, we can expose future business leaders to solutions and processes that we believe are essential to helping companies achieve the highest levels of efficiency." Supply chain management Professor Craig Kirkwood, who is facilitating development of the project at the W.P. Carey School, said that the inter-university effort is expected to result in new knowledge in the area of supply chain excellence. "The nature of a supply chain, which connects suppliers, manufacturers, distributors and customers, is collaborative and can benefit from planning solutions like those from i2," Kirkwood explained. "We are exploring distinct ways for i2 supply chain solutions to serve as vehicles for teaching more about optimizing supply chains." About the W.P. Carey School of Business The W.P. Carey School of Business provides quality undergraduate, masters and doctoral programs that draw upon a dynamic learning environment to prepare students at all levels for the future. Internationally recognized faculty enrich the curriculum with their latest research findings, and deliver this knowledge in a technology-rich environment. Ranked 21st in the nation by U.S. News & World Report U.S. News & World Report Weekly newsmagazine published in Washington, D.C. U.S. News was founded in 1933 by David Lawrence (1888–1973) to cover important domestic events; he founded World Report in 1945 to treat world news. The two magazines were merged in 1948. , the undergraduate program features Business Honors comprised of some of the best students in the country. The MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , ranked 14th in the nation among public programs, combines business fundamentals business fundamentals The general background within which an economy operates including earnings, sales, wage rates, taxes, and inflation. Improving business fundamentals are generally viewed as bullish for stocks, although stock prices at any given point with marketplace issues and trends, giving graduates the knowledge and experience to excel in a global economy. W.P. Carey School of Business alumni are lifelong learners connected to the school and each other through an active alumni community and executive education opportunities. Learn more at wpcarey.asu.edu. About i2 A leading provider of closed-loop supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize 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 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 or 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 May 10, 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion