Nike is a sports apparel and footwear company that first introduced its shoes in 1972. “During an investor meeting at its world headquarters in June 2011, NIKE , Inc. announced an increase in its fiscal 2015 revenue target to a new range of $28 billion to $30 billion, up from the previous target of $27 billion announced in May 2010. The company also increased its fiscal 2015 revenue target for the NIKE brand to $24-25 billion, up from the previous target of $23 billion.” (Nike, 2014)In 2000, in an effort to optimize demand and the production process, Nike implemented the I2 system. The I2 system was a demand forecasting system that was to be used by the production planning department to forecast customer demand for each type of product. An error in the model generated by the system leads to the production of incorrect quantities of products. This leads to a glut of less desirable products and a shortage of desired products. The miscalculation “cost Nike more than $100 million that quarter. Furthermore, their stock price dropped 20% the day after the error was publicly announced.” (Magal & Word, 2009) The main personnel directly involved in this costly situation are the production planning department, production department, procurement department, sales department and company management. The implementation of the I2 software was decided by the company management and was to be used by the production planning department to create demand forecasting models. The data from the model was then to be used by the production and procurement departments to purchase the necessary materials and create the required products predicted by the model. The sales department also had numbers that were fed into the system, however these… half the paper… the software should have allowed visibility across all departments so that any errors of a single department could be detected by the others . You should look for the error in the application template itself to see if there is a problem with the program itself that needs to be resolved. Finally, a quality control system should be implemented to ensure that all data is checked and any further errors are resolved before it is too late in the future. Works Cited Leshinsky, G. (2008, February 18). Nestlé and Nike: How they almost failed. Retrieved from: http://recruitech.wordpress.com/2008/02/18/nestle-and-nike-how-they-almost-failed/Magal, S. & Word, J. (2009). Essential elements of business processes and information systems. Hoboken, NJ: John Wiley & Sons, Inc. (2014). Nike Inc., History and Heritage. Retrieved from: http://nikeinc.com/pages/history-heritage