BANGALORE: i2 Technologies is aiming at making a headway in the Indian market
with the Value Chain Management (VCM) solution. The VCM solution is a business
methodology that helps companies manage market place variabilities and
complexities and aligns company strategies with execution processes. It is thus
the planning and execution of all processes involved in managing supply and
demand.
According to i2 Technologies director alliances, C S Venkatesh the response to
the VCM solution in the Indian market as yet has been very encouraging and he
exuded confidence that it would further increase in the near future. While
underlining the Goals of an efficient Value Chain Management solution Venkatesh
said that an effective implementation of the VCM solution would result in an
increase in profits and market share for an enterprise as through the VCM
solution suppliers would be able to have accurate and reliable demand signals
and it would increase responsiveness on part of the customers.
Venkatesh further said that through the implementation of the VCM solution
companies would be in a better position to reduce their cost of goods sold while
increasing customer service. "The VCM solution has the potential to reduce
complexities prevalent in an enterprise, and in turn has the potential to
increase visibility thereby resulting in its growth", Venkatesh added.
i2 to target Indian market with VCM solution
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