i2 Inks Deal With Cement Firm

The company will provide supply-chain planning and transportation-management software.
Author:
Publish date:

One of the largest cement producers in Latin America, Cementos Argos, selected

i2 Technologies

(ITWO)

to provide it with supply-chain planning and transportation-management software.

By implementing i2's services, Cementos Argos hopes to gain a better understanding of consumer demand and thus improve its ability to forecast.

"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 at Cementos Argos, in a statement. "We believe that i2 is a solutions provider that we can rely on to streamline our supply chain networks and support our global growth."

i2 Technologies closed down 4 cents, or 0.3%, at $15.87 on the

Nasdaq

.