DALLAS--Aug. 23, 2006--i2 Technologies, Inc. (Nasdaq:ITWO) today announced that Cementos Argos S.A., one of the largest cement producers in Latin America, has selected i2 supply chain planning and transportation management solutions. The company intends to implement these solutions to drive overall supply chain efficiency, reduce transportation costs as the transportation world presents unprecedented complexity and challenges to shippers, and seize the untapped growth potential in global markets.
In today's economy, companies are striving for greater market share and profitability under intense pressures from consolidation, increased transportation cost, globalization and competition. As a result, they are seeking better ways to enhance their agility and competitiveness by redefining growth strategies and business processes. Best practices in supply chain management have become critical to revenue generation, cost control and improved customer service levels.
"We chose i2 for its user-interfaces, functionality, scalability and speed to implement," said Jorge Mario Velazquez, vice president of logistics, Cementos Argos. "As we evaluated all competing products, we were not only impressed with i2's capabilities of fostering operational efficiencies and collaboration across functional silos, but also the industry knowledge, expertise of i2 consultants and installed successful customer base."
"As our business expands into international markets, we felt the urgency to deploy technology that is able to solve complex supply chain management problems on a global basis," said Luis Cappeletti, logistics manager, Cementos Argos. "We believe that i2 is a solutions provider that we can rely on to streamline our supply chain networks and support our global growth."
Cementos Argos intends to implement these solutions to create a continuous and tightly integrated process for better predicting and understanding consumer demand. By installing i2 tools with analytics and reporting capabilities, Cementos Argos can gain a better perspective on its planning and execution data for root-cause analysis. Cementos Argos can also use these solutions to support master planning, allocation planning, distribution planning, inventory planning and profit optimization. The products are designed to support intelligent decision making at every stage of the supply chain from raw materials procurement to finished goods distribution as well as deliver supply chain visibility and comprehensive data management, analytics and reporting of key transportation costs and service trade-offs.
"We have been fortunate to successfully work with industry leaders around the world, helping to streamline complex supply chain networks and deliver a competitive edge," said Antonio Boccalandro, vice president of Latin America at i2. "Cementos Argos recognizes the value of i2 solutions and we look forward to teaming up with them as they strive for supply chain excellence."
About Cementos Argos
Cementos Argos S.A., formerly Cementos del Caribe S.A., is a Colombia-based cement producer. The company's product mix includes white and gray cement, lime, prefabricates, aggregates and mortar. It operates twelve cement plants and one ready mix concrete company in Colombia, as well as three ready mix concrete companies in the United States. Cementos Argos also owns and manages cement plants in Venezuela, Panama, Haiti and the Dominican Republic. It exports its products to more than 18 countries worldwide.
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.
