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i2 Enhances Profitability Management for Short Product Lifecycles
In today’s fast moving, ultra-competitive consumer markets, the ability to demand premium prices and grow margins is under constant pressure. As consumer demand fluctuates and competition increases, product lifecycles continue to shrink. In order to succeed, companies must obtain accurate insight into the complete “cost to serve” across each product’s life-cycle. This means obtaining visibility to gross margin performance, marketing costs, promotions price protections, channel discounts and other fulfillment-related variables that directly impact the profitability of a product across its life-cycle.
i2 Technologies, Inc. (NASDAQ:ITWO) delivers solutions designed to better manage shorter product life-cycles to increase the bottom line and determine true profitability of products. i2 Short Product Lifecycle Management provides business managers with visibility to product costs throughout the supply chain. This includes product concept through the manufacturing process, including the marketing and promotions, sales and liquidation stages. The ability to analyze the financial impact of a product and consider the cost components at these multiple stages improves decision-making capabilities resulting in enhanced inventory control, pricing capabilities and negotiations with channel partners. Empowered with this data, business managers can proactively mitigate risks, maximize opportunities and drive profitability.
i2 Short Product Lifecycle Management solution is offered as on-demand reporting and analytics service designed to provide business users with process playbooks that can enable:
• Cash flow and margin analysis capabilities based on forecasted and actual demand
• The ability to evaluate costs to develop, source, supply, produce, market and promote, sell, fulfill, and after-sales or warranty support
• Recommended actions for critical operational performance functions based on root cause analysis
• “What-if” and scenario analysis capabilities to assess and establish control points for decisions across the life-cycle of the product
The solution builds on i2’s capabilities for shaping customer demand for new and derivative products, sourcing to achieve target product costs, optimal channel management strategies and high velocity execution to sustain revenue objectives. By providing insight to product profitability in the context of the complete lifecycle, i2 provides visibility to help ensure demand, supply and channel strategies are ideally aligned. This is a key element of i2’s SCM 2.0 approach which combines the people, process and technology necessary to bring innovation and success to dynamic supply chain challenges.
“Rapidly shrinking product life-cycles are bringing a new set of challenges to businesses. Many companies design and introduce products so rapidly that they don’t have a genuine understanding of the real-world risks and rewards associated with each new product or the ability to set and achieve long-term strategic goals. i2’s short product life-cycle solutions enable companies to enhance financial performance by rapidly gaining the insight and action plans needed to drive costs down while improving overall margin,” said i2 Interim Chief Executive Officer Pallab Chatterjee.
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.
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 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 Annual Report on Form 10-K filed March 17, 2008.
For further information, please contact:
Kirsten Monberg
i2 Corporate Communications
kirsten_monberg@i2.com
469-357-4966