BNSF Logistics Selects i2 Transportation and Distribution Management.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--March 17, 2003 BNSF BNSF Burlington Northern Santa Fe Corporation (railroad) Logistics states goal of using i2 solutions to help deliver rapid time-to-value to its customers i2 Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), the leading provider of end-to-end supply chain management solutions, today announced that third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. provider BNSF Logistics, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control selected i2 Transportation and Distribution Management solutions in the fourth quarter of 2002 to help establish an operating platform for taking to market its logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet services. BNSF Logistics, an indirect wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Burlington Northern Santa Fe Corporation, offers customers a portfolio of logistics products and services, including network analysis, design and optimization, and a variety of execution services, including multi-modal transportation management. The company selected i2 Transportation and Distribution Management solution with a goal of delivering rapid value to customers in terms of improved service levels and reduced costs. BNSF Logistics intends to leverage implementation best practices and templates in its effort to achieve an internal goal of going live with its first customer on the i2 solution in less than 60 days. BNSF Logistics is deploying the i2 Transportation and Distribution Management solution on a complete IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) platform, including AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. operating system, DB2 database and IBM application and web servers. "We are committed to reaching deeper into our customers' supply chains and providing them with more efficient logistics solutions," said Eric Wolfe, vice president, BNSF Logistics. "i2 is a proven leader when it comes to technology solutions for transportation and distribution management. We evaluated other providers, but in the end, we knew that i2's leading-edge capabilities and strong commitment to its customers made it the right solutions provider to help us deliver to our customers." i2 Transportation and Distribution Management solutions are designed to address all logistics related functions across inbound, outbound and inter-facility operations. Decision-making through the i2 solution extends to the strategic (months to years), tactical (days to weeks) and operational (hours to minutes) timeframes. This end-to-end solution is built to create sustainable value by synchronizing all the critical transportation related business processes. Examples of transportation business processes that can be enabled through the use of the i2 solution include:
-- Conducting collaborative bidding and rate negotiations with
core carriers
-- Designing and validating an effective transportation network
-- Creating optimal, multi-modal shipment and load plans
-- Managing the entire transportation execution lifecycle
efficiently, including load tendering, confirmations, freight
financials, freight audit, etc.
-- Proactively monitoring the status of shipments and
intelligently managing exceptions.
"We are impressed by BNSF Logistics' commitment to providing its customers with best-in-class logistics solutions," said Sam Nakane, i2 chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "i2 is committed to continue delivering sustainable value through our market-leading Transportation and Distribution Management solution." About BNSF Logistics, LLC BNSF Logistics, LLC is an indirect wholly owned subsidiary of Burlington Northern Santa Fe Corporation (NYSE NYSE See: New York Stock Exchange :BNI BNI Business Network International BNI Business Networking International BNI Bank Negara Indonesia BNI Bechtel National, Inc. BNI British Nursing Index BNI Barrow Neurological Institute (Phoenix, AZ) ). In 2002, BNSF acquired specified assets of Clicklogistics, Inc., which formed the initial management infrastructure and customer base. The Logistics group is headquartered in Springdale, AR, while BNSF maintains their corporate offices in Fort Worth, TX. BNSF Logistics provides its customers with logistics services expertise and logistics technology through three primary offerings: Transportation Execution Services, Contract Logistics and Consulting Services. About i2 The leading provider of end-to-end supply chain management solutions, i2 designs and delivers software that helps customers optimise and synchronise activities involved in successfully managing supply and demand. More than 1,000 of the world's leading companies, including seven of the Fortune global top 10, have selected i2 to help solve their most critical supply chain challenges. 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 Cautionary Language This press release may contain forward-looking statements that involve risks and uncertainties including forward-looking statements regarding the 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 (for the purposes of reviewing risk factors only), particularly the Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed April 1, 2002 and Form 10-Q Form 10-Q See 10-Q. filed November 14, 2002. i2 assumes no obligation to update the forward-looking information contained in this news release. |
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