Forerunner Systems Inc. announces general release of IFSO 4.0
Press Release sent to us from IFSO
San Francisco, CA, March 4, 2008: Forerunner Systems Inc. announced the general release of IFSO 4.0. IF/SO® – The Inventory Forecaster, provides inventory forecasting and stock optimization solutions to the direct commerce industry, helping catalog and e-commerce companies improve customer fulfillment, reduce backorders and optimize the liquidation of overstocked inventory.
According to statements from the Sausalito, CA based company IFSO 4.0 provides significant enhancements to the current solution and introduces the first channel specific forecasting module for ecommerce retailers.
“The web is rapidly becoming the dominant source for customer orders in a direct marketing environment. Our customers required a solution that addressed the specific needs of the online channel, while still incorporating the best practices in inventory management that have been developed by Forerunner for the catalog industry over the last 12 years.†Said David Raycroft the VP of Client Services for Forerunner Systems Inc..
The e-commerce module incorporates the dynamic nature of the web and integrates with electronic marketing and campaign management solutions to bring email and offline promotional events into the forecasting algorithms. “We believe our approach is forward thinking for the industry, capitalizing on the unique characteristics of each channel while still providing a streamlined and integrated purchasing schedule†added David Raycroft.
Forerunner Systems Inc. has been providing inventory forecasting and stock optimization solutions to the catalog and e-commerce industry since 1994. FSI customers include some of the leaders in the Direct to Consumer retail industry including Williams-Sonoma, TravelSmith and Frontgate Catalogs.
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