IMI Americas Launches Retail Value Chain Initiative Turning Supply Chain Friction into Smooth Order Flow
MT. LAUREL, N.J.--Feb. 4, 2002--IMI Americas today
unveiled IMI`s retail value chain initiative that enables
distribution-intensive companies to optimize their order and replenishment
business processes. Through the initiative, IMI Americas will provide
high-performance supply chain solutions tailored to the needs of the retail
value chain, which extends from the distribution arms of consumer goods
manufacturers to logistics and business service providers to wholesalers
and retailers.
IMI Americas solutions address distribution-intensive processes that
include complex order and replenishment requirements, high order volumes
and multi-divisional - and often multi-national - operations. Additionally,
the software helps companies manage their supply chains across computing
environments that incorporate business systems from multiple vendors.
"We believe the best way to address supply chain performance is to focus on
the actual demand - the order," said Stephen D`Angelo, president, IMI
Americas. "IMI is the Order Company, and our supply chain solutions help
organizations across the retail value chain to better manage the customer
order life cycle and replenishment orders for distribution centers and
retail stores. Our solutions enable companies to keep and grow existing
customers profitably as well as attract new customers by managing from the
order line to the bottom line."
According to D`Angelo, "Today, many companies are hampered by the friction
in their supply chain processes, evidenced by slow order handling, low
inventory turnover rates, invoice errors, late deliveries and stock-outs on
store shelves, as well as by the lack of visibility and real-time
collaboration among supply chain partners.
"IMI`s industry solutions turn this friction into flow. First, they help
manufacturers, distributors and retailers solve the problem of
multi-channel integration through seamless execution of the customer order
and by providing capabilities that can scale for any number of business
units and order volumes. Second, our solutions provide companies with
end-to-end replenishment capabilities that focus on eliminating stock-outs
all the way to the store shelf, enhancing customer retention and loyalty,
and significantly improving profitability," said D`Angelo.
IMI`s supply chain software allows companies to present a single face to
the customer by separating the customer experience from the complexity of
multiple internal business systems. Its collaborative order management
capabilities can be added to existing back-office business solutions - like
SAP, Oracle, i2 and others - to provide easy access to more information and
services, and make it simpler for customers and partners to interact with
the entire enterprise. IMI`s cutting-edge store replenishment software
leverages promotion data, actual demand and current inventory levels to
create the best store replenishment order.
"The IMI retail value chain initiative leverages our company`s expertise
built over 30 years in developing and delivering high-performance order and
replenishment solutions for industry giants worldwide. It also builds on
the significant momentum IMI Americas has generated recently in the United
States," said D`Angelo.
With the addition of D`Angelo and a number of other seasoned supply chain
market executives over the last few months, IMI has bolstered its Americas
senior management team and sharpened its sales and marketing focus on
retailers and consumer goods manufacturers, as demonstrated by the fast
results achieved by customers such as Price Chopper.
About IMI Americas
IMI - The Order Company - is a provider of high-performance supply chain
solutions for the retail value chain and helps companies turn supply chain
friction into smooth order flows. Its software enables companies to manage
order and replenishment business processes based on actual customer demand
to enable best-in-class, pull-driven supply chain practices. IMI`s software
includes collaborative order management, fulfillment, customer relationship
management (CRM), distribution center and store replenishment, supply chain
analytics, visibility and event management capabilities. Its customers
cover the entire retail value chain from manufacturers to logistics and
business service providers to wholesalers and retailers. They include some
of the world`s leading brands such as AT&T, Campbell Soup, Canadian Tire,
Dannon, Dial, Foster`s, FedEx, Hartz Mountain, Kellogg`s, Price Chopper, JM
Smuckers, Sherwin Williams, Starbucks and Warner/Elektra/Atlantic. IMI
Americas is the North American business unit of Industri-Matematik
International Corp. (IMI) - NASDAQ:IMIC.
The statements contained in this release that are not historical facts may
contain forward-looking information with respect to the plans, projections,
or future performance of IMI and further versions of its software products,
the achievements of which involve certain risks and uncertainties
including, but not limited to, the success of its retail value chain
initiative, product demand and market acceptance risks, the effect of
economic conditions particularly in its target markets, the impact of
competitive products and pricing, product development, commercialization,
and technological difficulties and other uncertainties detailed in IMI`s
filings with the Securities and Exchange Commission, particularly its
Annual Report on Form 10-K filed in July 2001.
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CONTACT:
Public Relations
Albie Jarvis or Kristi Avram
Porter Novelli Convergence Group
617-450-4300
albie.jarvis@pnicg.com
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