i2 Technologies, the leading provider of marketplace solutions, announced today the creation of FulfillmentMatrix, both a marketplace for physical fulfillment providers and their trading partners, plus an enabler for e-business enterprises and marketplaces that require tightly integrated customer order fulfillment services.
Trevor Roberts, i2 Technologies` country manager explains: "FulfillmentMatrix includes commerce applications to address specific fulfillment attributes for buyers and sellers of fulfillment services; planning solutions to optimize the trading partner supply chain activities; collaboration services to rapidly align customer demand to network supply; and execution tools to manage the complete end-to-end order fulfillment process.
"A fundamental challenge shared by all companies in the fulfillment process is their inability to accurately predict upstream demand and then align inventory, manufacturing and warehousing capacity to meet that demand," said Roberts. "The consequences are costly - stock-outs, back orders, excess inventories, markdowns and inefficient handling occurs. All conspire to add millions in waste." Some of the services of FulfillmentMatrix will include planning and scheduling applications that support companies with:
Collaboration between trading partners on planning, forecasting and replenishment
Managing orders by converting raw order demand into optimized units for shipping across multiple supply chains
Scheduling the receiving, flow-through, cross dock, pick, value-add, pack and ship activities of fulfillment operations
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