i2 Customers Essar Steel, Fairchild Semiconductor and Kimberly-Clark Win Ken Sharma Award of Excellence
10 Novembre 2009 - 3:30PM
Business Wire
i2 Technologies, Inc. (NASDAQ:ITWO) and the i2 User Group today
announced Essar Steel, Fairchild Semiconductor and Kimberly-Clark
as the global winners of the Ken Sharma Award of Excellence. The
annual award, which pays tribute to i2’s late co-founder Ken Sharma
and is open to hundreds of i2 customers worldwide, recognizes
companies that have made outstanding advancements in supply chain
management through deployments of i2 solutions.
An independent panel of analysts from AMR Research judged
nominees in the categories of supply chain innovation, return on
investment, and depth and breadth. Finalists for the global award
were named in May 2009 and included Essar Steel NV, Lenovo and
Maxim Integrated Products in the Depth and Breadth category,
Fairchild Semiconductor, Whirlpool Corporation and Woolworths in
the Innovation category, and Incitec Pivot Ltd., Kimberly-Clark and
SanDisk Corporation in the Return on Investment category.
“In times of economic uncertainty, excellence in supply chain
management is critical to a company’s success. Essar Steel,
Fairchild Semiconductor and Kimberly-Clark have made improvements
to their supply chains that have delivered real value to their
companies,” said Hiten Varia, executive vice president, Global
Customer Operations and chief customer officer, i2. “We offer our
congratulations to this year’s winners. Their commitment to driving
value through their supply chains is a fitting tribute to Ken
Sharma’s legacy.”
“A focus on supply chain innovation and operations can help
companies better manage the increasing complexity, volatile demand
and shrinking global markets of today’s business environment. The
winners of this year’s Ken Sharma Award have a good grasp of what
it takes to compete in this environment, using supply chain
management to help give them a competitive advantage,” said Noha
Tohamy, research director at AMR Research. “We were impressed by
the applicants and offer them our congratulations.”
Essar Steel Recognized for Supply Chain Depth and
Breadth
One of the world’s fastest-growing global steel companies, Essar
Steel NV has tripled its capacity in the last two years and has a
goal of becoming one of the top 10 global steel producers by 2015.
To do this, the company needed world-class supply chain management
capabilities to grow profitability, strengthen customer
relationships, reduce inventories and increase throughput.
Working with i2, Essar Steel created a new supply chain
management organization reporting directly to the CEO. As a driving
force for change, recognition of common objectives, and adoption of
new practices across the company, the new organization galvanized
the company’s focus on cross-functional synergies as a key
competitive differentiator.
Since implementing a variety of i2 solutions to address advanced
order planning and sales and operations planning, Essar Steel has
increased forecast accuracy for domestic contract customers by
nearly 30 percent. The company has reduced work-in-process
inventory and order leads times, in addition to reducing response
time for customer inquiries from two to three hours to six
seconds.
Fairchild Semiconductor Recognized for Supply Chain
Innovation
Fairchild Semiconductor is a global leader in delivering
energy-efficient power analog and power discrete solutions for
consumer, communications, industrial, mobile, computing and
automotive systems.
Fairchild’s overall business driver was to achieve “perfect
order delivery performance.” With i2 solutions implemented across
their entire supply chain, Fairchild has been able to improve asset
utilization and capital deployment, reduce inventories and
associated costs, improve gross margins, increase market share and
better align its systems with its overall business model.
Since working with i2, Fairchild is able to address its entire
product portfolio and business rules within one supply chain
planning engine. Additionally, Fairchild is able to optimize
capacities, inventories and customer commitments across all product
lines while using one set of standard business rules. The company
estimates it will save $20 million during the next four years based
on published industry research. Fairchild has also improved its
perfect order rate by two full percentage points.
Kimberly-Clark Recognized for Supply Chain Return on
Investment
In an effort to build competitive strength, Kimberly-Clark, a
leading global health and hygiene company, sought to implement a
new transportation management system (TMS) along with a business
process redesign to reduce its transportation spend. With
operations heavily focused in North America and Europe, the company
gathered business leaders from those regions to identify synergies
that would support more strategic operations and enable cost
reductions. Using those findings, i2 worked with Kimberly-Clark to
implement a common transportation tool and business processes.
By implementing several i2 transportation solutions, and by
leveraging optimization capabilities to achieve rate reductions
prior to implementation, Kimberly-Clark has achieved US$8.77
million in savings in North America at the time of its Ken Sharma
Award application. During that same time frame, the company also
saved US$1.6 million as a result of its implementation in
Europe.
About i2
Throughout its more than 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. Learn more at www.i2.com.
i2 Cautionary Language
This press release contains forward-looking statements that
involve risks and uncertainties, including forward-looking
statements regarding i2’s management team and its ability to
deliver results to i2’s customers worldwide. 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 for the quarter
ended June 30, 2009 and the Annual Report on Form 10-K for the year
ended December 31, 2008. i2 expressly disclaims any current
intention to update the forward-looking information contained in
this news release.
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