i2 Demand Management, Master Data Management and Replenishment Management solutions being implemented to support Rexel’s strategic supply chain initiative aimed at better serving customers while reducing costs
PARIS --
June 28, 2006i2 Technologies, Inc., (NASDAQ: ITWO), today announced that Rexel France, a world leader for distribution of electrical parts and supplies, lighting, and cabling systems, is implementing i2 Demand Manager, i2 Master Data Management and i2 Replenishment Planner solutions to help improve their sales and operation planning processes. The implementations are taking place at 11 different distribution centers.
Rexel France is implementing i2 for Retail solutions to help improve customer service levels and enable faster new product introductions while keeping inventory levels low. Furthermore, Rexel France intends to use the i2 solutions to improve collaboration with key suppliers by increasing productivity through information sharing and improving its market forecast.
Rexel France selected i2 for Retail solutions following the evaluation of several different solution providers. The company is implementing the i2 solutions to help improve its sales and operations planning processes by:
* anticipating actions for its commitment to suppliers
* integrating events and promotions into its planning
* making allocation decisions at Rexel France level between all departments – purchasing, sales, marketing and logistics
* increasing service levels through the communication of a forecast to its main suppliers
“Rexel has a clear strategy to offer its worldwide customers quality products and reliable services. We strongly believe that i2 for Retail solutions can help us achieve our goals with solutions that can enable us to improve our product and flow management with suppliers, and deliver better service to our customers,” explains Michel Toury, Supply Chain director, Rexel France.
“We are very excited to work with Rexel in their strategic supply chain initiative. They wisely understand that improved collaboration with suppliers, faster product introductions and lower inventory levels will help them gain greater supply chain efficiency, and we are pleased to help them work toward achieving their goals in these areas,” said Pieter Van den Broecke, i2 senior director, Retail, EMEA.
About Rexel
Rexel offers its customers worldwide quality products and reliable services. With its dense sales network, its broad product range and its knowledge of suppliers, it is an ideal contact for customers - a reference in the field. With renewed energy following an upturn in growth and a change in shareholders, Rexel is building on its position as a driver of market growth, stepping up its value-creation strategy through targeted acquisitions. Operating efficiency, knowledgeable sales representatives, a wide range of products in partnership with our suppliers, customized logistics - all these factors combined are helping Rexel to win new markets and to continue breaking new ground. Rexel is represented in 24 countries with annual sales of Euro 7,3 billion and more than 21.000 employees. Learn more at www.rexel.com.
About i2
i2 helps business leaders make better supply chain decisions. i2's flexible new-generation solutions are designed to synchronize 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 Research Top 25 Global Supply Chains belong to i2 customers. Learn more at www.i2.com.
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, particularly the Quarterly Report on Form 10-Q filed May 10, 2006 and the Annual Report on Form 10-K filed March 15, 2006.
For further information, please contact:
Mette Krogh
i2 Technologies
+45 861 382 57
mette_krogh@i2.com
Jenny Xia
Weber Shandwick Worldwide for i2
972-830-2216
jxia@webershandwick.com
