Companies today are focused on improving customer satisfaction and increasing revenue and market share by having the ‘right product, at the right time and in the right location.’ As customer-specific requirements drive product proliferation and time-to-market becomes even more critical to compete in the marketplace, companies can benefit from an intelligent demand planning system to create and manage forecasts down to the shelf and fixture level.
The WebConcepts and i2 partnership is designed to offer companies the ability to increase forecast accuracy and decrease supply and transportation costs, as well as improve customer service levels by keeping store shelves stocked with the right product, at the right time, and in the right location.
The WebConcepts and i2 partnership was forged in 2003 based on the need of manufacturers to manage their own store-level inventories.
The WebConcepts solution is designed to offer manufacturers the ability to manage their inventory down to the shelf and fixture level. With integration to POS systems, manufacturers can accurately view sales and forecast product demand.
The combination of i2 Demand Manager and the Web Concepts vendor-managed inventory (VMI) solution has resulted in a joint offering called Shelf-Level eVMI. It works at the front of the supply chain as the trigger that drives supply, production and distribution planning.
Shelf-Level eVMI offered by i2 and WebConcepts can bring the value of vendor-managed inventory (VMI) partnerships to a new level by enabling consumer goods manufacturers and retailers to focus their planning efforts where they should be — on the end consumer. This innovative offering can support a complete VMI program, from analysis, forecasting, and planning to replenishment, allocation, and order execution. The offering can improve product availability where a consumer goes to find it — on the retail shelf. Download the datatasheet (PDF, 65K).
To learn more about WebConcepts, visit www.webconceptsinc.com.
To learn more about i2’s solutions for retail and consumer goods, please visit the industries section.
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