IBM Corp. and Industri-Matematik International Corp., a Swedish vendor of order-management software, next week plan to announce a combined set of inventory replenishment applications aimed at retailers.
The new offering combines Industri-Matematik's Vivaldi software with IBM's DB2 database, MQSeries application messaging backbone and WebSphere application server. Users in the retail industry should be able to build plans for restocking store shelves based on actual purchases instead of relying on demand forecasts, the companies said.
The system, called E-Replenishment, captures and analyzes point-of-sale data and then triggers shipments to stores as needed. Web-based tools are included for use in monitoring the replenishment process and changing product-distribution plans because of events such as storms.
Pricing for the software and consulting help starts at about US$1 million and could range as high as $10 million, IBM and Industri-Matematik said. The applications are initially being aimed at grocers and hard-goods retailers.