Printer Friendly
The Free Library
14,557,847 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

i2 Launches i2 POS Demand Sensing.


Solution Helps Consumer Goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
 Companies Embrace a Demand-Driven Approach to 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.
 and Out-of-Stocks

ORLANDO, Fla. -- Today's fast-paced retail environment demands that companies respond quickly to issues that impact not only the customer experience, but also the bottom line. In many cases, this requires companies to tap into demand signals to drive timely replenishment decisions. i2 POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
 Demand Sensing, from 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) ), is designed to help consumer goods companies embrace a demand-driven approach to replenishment with a goal of reducing out-of-stocks and driving excess inventory out of the supply chain, ultimately leading to superior customer satisfaction.

Originally developed by Blue Agave blue agave
n.
A blue-leaved Mexican agave (Agave tequilana var. weber) used especially in making tequila.
 Software, which i2 recently acquired, i2 POS Demand Sensing can help consumer goods organizations improve their performance through the real-time identification and resolution of potential problems and developing issues before they adversely impact the business. It does this by helping users apply business rules to the access and evaluation of retailer-provided point-of-sale (POS) data, including Wal-Mart's Retail Link. The solution proactively identifies revenue-impacting issues, determines root causes, recommends response options, and guides resolutions through a workflow based on the organization's best practices. All of this occurs within an intuitive visual environment that gives consumer goods suppliers real-time insight into all aspects of their retail performance down to the store/SKU level on a daily basis.

"Stock-outs, excess inventory, forecast variances and related replenishment issues at the store-shelf level represent the most significant challenges facing consumer goods manufacturers and their retail partners. Process complexity driven by millions of store/SKU combinations, coupled with the large volume of daily POS data, makes it extremely difficult to "sense" the SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one.

SKU - stock-keeping unit
 store-shelf level with any precision," said Steve Estrada, i2 senior vice president, Consumer Industries. "i2 POS Demand Sensing provides manufacturing companies and their retail partners the ability to analyze shelf level POS and inventory information daily, and to determine current and potential stock-outs, lost sales and excess inventories."

Improving Performance in Real Time

Too often, manufacturing companies and their retail partners are unable to analyze shelf-level POS and inventory information to determine current and potential stock-outs, delayed shipments, lost sales and excess inventories. These issues go unnoticed until a customer complains, sales are lost, or shipments go missing. Serving as a 24x7 POScast(TM), i2 POS Demand Sensing provides a continuous shelf-level business outlook and helps dramatically improve performance. This is done through the following:

* Real-time analysis of many terabytes of daily/hourly demand signal data at the most granular granular /gran·u·lar/ (gran´u-lar) made up of or marked by presence of granules or grains.

gran·u·lar
adj.
1. Composed or appearing to be composed of granules or grains.

2.
 levels, using an organization's business rules to anticipate and identify retail execution issues at the store/SKU level with detailed root cause analysis.

* Resolution capabilities, going beyond notifications, that recommend the best course of action based on the organization's business practices and current business conditions. These capabilities also include suggesting parameter (1) Any value passed to a program by the user or by another program in order to customize the program for a particular purpose. A parameter may be anything; for example, a file name, a coordinate, a range of values, a money amount or a code of some kind.  adjustments for planning store SKU's in the retailer's i2 INFOREM INFOREM Inventory Forecasting and Replenishment Module (inventory control)  forecasting and replenishment system.

* Detailed analytics and contextual information that helps users quickly make the best decisions about issues as they arise while offering valuable insight into patterns and root causes of process breakdowns that drive continuous improvement.

* Workflows and tracking that guide users step-by-step through the actions necessary to efficiently respond to issues and tools that to effectively collaborate with team members as well as communicate with retailers.

Enhanced Root Cause Capabilities

i2 POS Demand Sensing offers enhanced root cause capabilities that provide users with immediate insight into why retail execution issues occur. Following retailers' and suppliers' rules, the software first determines whether an issue has an internal supply chain cause such as a missed must arrive by date (MABD MABD Mattias Alkberg BD
MABD Make A Blanket Day
MABD must arrive by date
MABD Music Against Brain Degeneration
MABD Misi Allah Bagi Dunia
MABD Management Accounting and Budgeting Division (UK)
MABD Multi-Agent Behavior Description
) or low fill rate. If no internal cause is found, the software will then look for store-related demand causes such as incorrect replenishment settings, forecast variances, or on-hand adjustments. With a click of the mouse, the root cause evidence uncovered by i2 POS Demand Sensing is easily attached to communications to the retailer with requests for replenishment adjustments.

i2 POS Demand Sensing will be available in the i2 Business Content Library, a repository of process and technology solutions based on i2's more than 20 years of supply chain domain expertise. These solutions can be utilized without modification or can help accelerate the customization and deployment of composite solutions.

About i2

i2 helps business leaders make better supply chain decisions. i2's flexible new-generation solutions are designed to synchronize See synchronization.  demand and supply across ever-changing global business networks. i2's innovative supply chain management tools and services are pervasive in a wide cross-section of industries; 20 of the AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12.  Research Top 25 Global Supply Chains belong to i2 customers. 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 i2's New-Generation SCM (1) (Software Configuration Management, Source Code Management) See configuration management.

(2) See supply chain management.
 solutions, a customer's ability to implement or integrate those 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 Annual Report on 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 March 30, 2007.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, 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:May 2, 2007
Words:887
Previous Article:2007 Individual Analysis of the Top 1000 Sheet Metal Work Companies for The UK.
Next Article:Sourcefire(R) Delivers Breakthrough Real-Time User Awareness Technology.



Related Articles
i2 and the i2 User Group Now Accepting Nominations for the Ken Sharma Awards for Excellence; Awards Honor Breakthrough Best Practices in Supply Chain...
i2 Puts Spotlight on Dynamic, Profit-Focused Planning and Execution with its Sales and Operations Management Solution.
Procurement Challenges Resulting from Global Sourcing and Business Expansion Addressed in First i2 Next-Generation Supply Chain Management Solution.
i2 and ON Semiconductor to Present Demand-Sensing and Demand-Shaping Techniques to Achieve Enterprise Profitability at the Electronics Supply &...
i2 Next-Generation Supply Chain Management Solution Can Help Companies Manage Inventory Policies for Optimal Business Performance.
i2 Consumer Industries Customers to Present Industry Best Practices at i2 Planet 2006.
i2 New Generation Solutions Help Consumer Electronics Companies Drive Revenue and Gain Marketshare.
Consumer Goods Are Getting Personal.
i2 Planet 2007 to Feature Leading Consumer Industries Companies Presenting Best Practices.
i2 Acquires Blue Agave Software, Inc.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles