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Mon, January 12, 2009

i2 Offers Store Replenishment Software as a Service Solution to Mid-Market Retailers


Published on 2009-01-12 04:14:32, Last Modified on 2009-01-12 04:15:43 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Today at the National Retail Foundation (NRF) 98th Annual Convention and Expo, i2 Technologies, Inc. (NASDAQ: ITWO) announced the availability of a store-level forecasting and replenishment solution with the mid-market, high-growth retailer in mind. i2 Store Replenishment Software as a Service (SaaS) addresses concerns related to time-intensive and costly software implementations by delivering a hosted solution that combines i2's extensive implementation experience and retail domain expertise in a proven replenishment application that drives the supply chains of many multi-billion-dollar retailers.

"Companies do not have the luxury of doing large-scale IT implementations with customizations, especially with the shrinkage in capital markets. Companies need to still solve critical business problems. The approach to do that is to look at the return on investment (ROI) as the parameter that most impacts software investment decisions. The combination of short implementations and rapid payback is difficult to achieve, but critical, for enterprises to achieve." said Narayanan Viswanathan, vice president/principal analyst, Aberdeen. "SaaS solutions offer a viable approach for enabling rapid business ROI with minimized total cost of ownership in key areas of supply chain management such as supply chain execution, procurement and sourcing, as well as supplier/customer collaboration."

The benefits of i2 Store Replenishment SaaS are considerable:

  • Rapid Deployment: Since the software is hosted by i2, the production system is ready for testing at the start of the project. i2's implementation team works with the retailer's IT organization to get the data inputs needed to create forecasts and drive the replenishment plan. The expedited implementation enables customers to quickly start reaping returns on their investment
  • Low Cost of Entry: The hosted model matches the software costs with the savings. With no up-front software license or hardware procurement expenses, project costs are spread across the productive use of the software.
  • No Surprises: All of the licenses, services, hardware, third-party software, and maintenance costs are rolled into a single monthly fee, with no additional costs for things like data administration or hardware upgrades. All of the care and maintenance of the data is handled by i2.

"We believe this offering helps mid-market retailers strike the right balance between customer-centric choice, product availability and efficient inventory investments with an affordable, rapidly deployed solution offering, Our hosted approach allows retailers to make incremental investments matched to their individual business needs rather than large, up-front capital investments," said i2 Senior Vice President of Retail and Consumer Industries Chuck Kramer. "i2 Store Replenishment SaaS enables retailers to better manage demand forecasts and optimize inventory levels, and at the same time reduce stock-outs and markdowns, more efficiently manage product distribution and increase visibility to exceptions and key performance indicators."

To learn more about i2 Store Replenishment as a Service, please go to [ http://www.i2.com/solutions/tmm/retail_for_midsize.cfm ] or email the company at [ info@i2.com ]. NRF attendees can learn more by visiting the i2 booth, no. 1817, Jan. 12-14.

About i2

Throughout its 20-year history of innovation and value delivery, i2 has dedicated itself to building successful customer partnerships. As a full-service supply chain company, i2 is uniquely positioned to help its clients achieve world-class business results through a combination of consulting, technology, and managed services. i2 solutions are pervasive in a wide cross-section of industries; 21 of the AMR Research Top 25 Global Supply Chains belong to i2 customers. 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 i2's 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 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 for the quarter ended September 30, 2008 and the Annual Report on Form 10-K for the year ended December 31, 2007. i2 expressly disclaims any current intention to update the forward-looking information contained in this news release.

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