Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CEMEX And i2 Technologies Announce Collaboration; Agree to Implement Global Supply Chain Initiative.


Business & Technology Editors

MONTERREY, Mexico & SAN DIEGO--(BUSINESS WIRE)--Oct. 10, 2000

CEMEX CEMEX Cementos Mexicanos  (NYSE NYSE

See: New York Stock Exchange
: CX) and i2 Technologies (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) ) announced today that they have agreed to collaborate on the implementation of a global supply chain initiative that will radically transform CEMEX's supply chain and logistics processes. This initiative, which will be fully implemented by the end of 2001, will contribute to the process of e-enabling CEMEX, which was announced last month by Chairman and 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.  Lorenzo Zambrano.

This agreement between the two companies includes the deployment of i2's Supply Chain Management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management.

(2) See supply chain management.
) solution that will allow CEMEX to improve the management of its growing supply chain. In addition, i2 will assist CEMEX in transforming its supply chain into a highly agile, scalable, high velocity model that will lead to significant cost reductions.

"The i2 solution will allow CEMEX to provide better customer service --and, in the process, reduce costs-- by assuring that we have inventories at the right place, at the right time, in the right quantities, and allocated to the right customers and channels," said Juan Pablo Juan Pablo is a common Spanish given name. It is the equivalent of "John Paul" in English or "Jean-Paul" in French. Some famous people with this name:
  • Juan Pablo Ángel (born 1975), Colombian football player
  • Juan Pablo Bennett (1871-1951), Chilean dictator
 San Agustin
This article is about the musical group. For other uses, see San Agustín.


San Agustin (1996-) is a free improvising trio from Atlanta, Georgia, United States, with David Daniell and Andrew Burnes on guitar and Bryan Fielden on drums.
, Executive Vice-President for e-Business for CEMEX and CEO of CxNetworks, the e-Business subsidiary of CEMEX. "After a detailed analysis, we selected i2 because of its differentiated services Offerings that can be classified by type, or quality, of service. For example, a differentiated services network could prioritize real time traffic for a higher fee. , scalability, and strong local presence. This new relationship is a critical component of our effort to accelerate the e-enabling of CEMEX," he added.

The i2 solution will reduce inventories at distribution centers via an integrated forecasting and master planning process. The program will reduce freight expense In accounting, the concept of a freight expense account can be generalized as a payment for sending out a product to a customer. It falls under the umbrella category of Expenses and is treated like other expense accounts in relation to the accounting equation.  by supplying inventory from optimally located plants, as well as through strategic collaborative bidding processes, through load consolidation, and through effective mode and carrier selections. i2 advanced network and optimization solutions will allow CEMEX to realize further cost savings by improving the transparency of its supply chain.

"We expect savings of around US$20 million annually once the solution is fully implemented," said Francisco Garza, President of CEMEX North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "This is part of the overall savings that CEMEX is realizing from our e-enabling process," he added.

Reagan Lancaster, i2's Executive Vice-President of World Wide Sales, said "We are very proud to work with CEMEX, which is not only a leader in the global cement industry, but is widely recognized as an innovator in the application of information technology to its core business. They are an ideal partner to implement our SCM enterprise solution. This relationship will make an important contribution to our corporate goal of delivering US$50 billion in value for our clients by the year 2005."

The objective of i2's SCM solution is to achieve operational excellence throughout the extended supply chain by maximizing revenues, minimizing expenses, and making full use of all assets. The result is superior profitability, increased market share, and greater responsiveness to customer demand. The SCM solution, which enables intelligent e-Business, is the comprehensive integration of all sub-processes that facilitate the exchange of information and movement of goods between suppliers and end customers, including manufacturers, distributors, retailers, and any other enterprise within the extended supply chain.

CEMEX is one of the three largest cement companies in the world with approximately 65 million metric tons of production capacity. It is also the world's largest trader of cement and the world's leading producer of white cement. CEMEX is engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker clink·er  
n.
1. The incombustible residue, fused into an irregular lump, that remains after the combustion of coal.

2. A partially vitrified brick or a mass of bricks fused together.

3.
 through operating subsidiaries in four continents. For more information, visit www.cemex.com.

i2 is the leading global provider of intelligent e-Business solutions. Founded in 1988, i2's vision is to add $50 billion of value for its customers by the year 2005. i2 is headquartered in Dallas, TX, has approximately 5,000 employees, and maintains offices worldwide. For additional information, visit www.i2.com.

Except for the historical information, the matters discussed in this press release are forward-looking statements, the accuracy of which is necessarily subject to risks and uncertainties. Actual results may differ significantly from the discussion of certain matters in the forward-looking statements.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 10, 2000
Words:667
Previous Article:Alcatel is setting up the first global technical center for the interoperability of 3G/UMTS mobile solutions in the UK.
Next Article:Image Online Design Chief Executive Officer, John Frangie, Criticizes Afilias's Effort to Take the .Web Name in the ICANN Process.
Topics:



Related Articles
MetalSite and i2 Partner to Deliver Supply Chain Solutions for the Metals Industry; MetalSite to Host i2's Collaborative Planning and Advanced Order...
Caterpillar and i2 Launch Strategic E-Business Alliance; New Initiative Expected to Revolutionize the Heavy Equipment and Engine Industries.
i2 Technologies And Cemtec Sign Strategic Alliance; Partnership to Provide Powerful Solutions to Mutual Customers Worldwide.
Fabria Extends Technology Leadership through Partnership with i2.
Robert Evans Departs i2.
i2 Awards Value Chain Management Best Practices at PLANET 2001 High-Tech Industry Conference.
Adexa Announces i2 Exchange Program; Campaign Offers Financial Incentives, Milestone-Based Implementations To Existing i2 Customers.
i2 and Microsoft Form Strategic Alliance; i2 to Deliver Supply Chain Agility on Microsoft Platform.
i2 User Group and i2 Announce Ken Sharma Award for Excellence Winners at Directions 2005; Independent Research Firm AMR Research Judged Customers on...
i2 to Develop Supply Chain Analytics Solution for Advanced Business Intelligence Capabilities.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles