Industri-Matematik Announces Support for ems Consumer Demand Forecasting.
MT. LAUREL, N.J.--(BUSINESS WIRE)--June 27, 2001
Industri-Matematik Store Replenishment Computer-Generated Ordering
Software Leverages ems Intelligent Consumer Demand Forecasting
Industri-Matematik International Corp. (NASDAQ: IMIC) today announced it has entered into a strategic marketing alliance agreement with ems (Efficient Market Services Inc.), and that its Vivaldi Store Replenishment(TM) software (VSR) has been certified to interoperate with demand data and demand forecasts generated by ems. By incorporating ems forecast data, Industri-Matematik provides a means of utilizing high-quality, accurate forecasts, which are a critical input for generating store replenishment orders.
"The ems relationship enhances the Industri-Matematik value proposition by enabling retailers to utilize the most precise store-level demand forecasts available, which will improve order accuracy, reduce inventory levels and increase profits for retailers," said Susan B. Sentell, ems president and CEO.
"Industri-Matematik is committed to helping companies improve supply chain execution. We feel Store Replenishment offers a unique solution which breaks through the barriers that have prevented retailers from automating the store ordering process," said Tim Mesenbourg, General Manager of North American Operations at Industri-Matematik. "Our ems relationship provides retailers with overall replenishment support based on demand-based forecasts."
In addition to Store Replenishment, Industri-Matematik VIVALDI(TM) software provides CRM, fulfillment, warehouse replenishment and supply chain event management capabilities for retail, wholesale/distribution, logistics service providers and manufacturing companies. VIVALDI offers total visibility of e-business transactions across a trading community to manage high-volume fulfillment with increased reliability and velocity. It integrates contact center and logistics operations to provide customers and suppliers with real-time web access to all aspects of orders across the supply chain.
Deerfield, Ill.-based ems (www.emsinfo.com) is the leader in providing store-level visibility into inventory, promotion and business processes. The company provides customer-centric technology solutions for retailers, CPG manufacturers and their trading partners seeking to integrate store-level visibility into business operations and processes including: inventory replenishment and procurement; pricing and shelf optimization strategy; promotional, marketing and merchandising; collaboration-based distribution and supply chain planning; and private and public exchange feeds. Founded in 1991, ems has built a client base of leading CPG retailers, brokers and manufacturers including the Kroger Co.; the Vons Companies; Jewel Foods; Acme Markets; Northern & Southern California divisions of Albertson's; Pepsi-Cola; Unilever; Pillsbury; Buena Vista; Kellogg's; and General Mills.
Industri-Matematik International Corp. (www.im.se) provides high-performance fulfillment and customer service software solutions for B2B and B2C e-commerce. Its applications help companies achieve a Zero Inventory/100 Percent Visibility business model by replacing inventory with information to improve collaboration among a trading community and speed the movement of goods across a supply chain. Customers include market-leading companies such as Albert-Hein, Canadian Tire, Hakan, Carlton & United Breweries, Ericsson, FedEx Corp., Starbucks and Warner/Elektra/Atlantic.
VIVALDI and Vivaldi Store Replenishment(TM) are trademarks of Industri-Matematik International Corp. Other product and company names may be the trademarks of their respective owners.
The statements contained in this release that are not historical facts contain forward-looking information with respect to plans, projections or future performance of Industri-Matematik and further versions of its software products, the achievements of which involve certain risks and uncertainties, including, but not limited to, product demand and market acceptance risks, the effect of economic conditions particularly in its target markets, the impact of competitive products and pricing, product development, commercialization and technological difficulties and other uncertainties detailed in Industri-Matematik's filings with the Securities and Exchange Commission, particularly its Annual Report on Form 10-K filed in July 2000.