Logility Named a Supply & Demand Chain Executive 100 Recipient for the Seventeenth Year
July 07 2020 - 8:30AM
Business Wire
Prestigious Recognition Highlights How Advanced
Supply Chain Analytics Help Bodybuilding.com Quickly Sense and
Respond to Demand Variation
Logility, Inc., automating the digital
transformation of supply chain optimization and advanced retail
planning, today announced the editors of Supply & Demand Chain
Executive named Logility a recipient of its 2020 Supply &
Demand Chain Executive Top 100. The award highlights the industry’s
most successful and transformative projects of the past year and
marks the 17th consecutive year Logility is honored. Logility is
recognized for helping Bodybuilding.com, an e-commerce health and
fitness retailer with more than 32 million monthly visitors and
14,000 SKUs, quickly sense and respond to changes in customer
behavior to improve service levels, decrease backorders and cut
inventory.
Bodybuilding.com’s supply chain team found themselves in a
challenging situation when a popular YouTube personality mentioned
its products. This caused a rapid spike in demand and identified a
need for a more responsive supply chain. With a highly promotional
selling environment and unexpected endorsements that can spur a
rush of demand, the company’s planners needed a better way to
identify items that are under- or over-forecasted so they can take
action to prevent out-of-stocks or avoid buying excess inventory.
The Bodybuilding.com team turned to Logility to help enhance its
supply chain operations and deliver greater service to its
customers.
To quickly identify under- and over-performing SKUs, the
Bodybuilding.com team relies on Logility’s advanced analytics to
drive rapid business response leading to significant results
including a 40 percent inventory reduction, improved forecast
accuracy and increased customer service levels. The Logility
platform helps Bodybuilding.com optimize the entire value chain to
position the right products at the right price to the right place
at the right time.
“Logility is honored to be recognized by the editors of Supply
& Demand Chain Executive for helping innovative companies like
Bodybuilding.com mature their supply chains,” said Allan Dow,
president, Logility. “To succeed in today’s rapidly changing
market, supply chains must quickly sense and respond to unexpected
shifts in demand. Bodybuilding.com highlights the impact of supply
chain on an organization’s ability to drive growth, reduce costs
and improve service levels.”
The Supply & Demand Chain Executive Top 100 award is given
to supply chain providers, consultants and other organizations that
help lead complex supply chain operations with innovative
technology. The editorial staff bases the award on the recipient’s
ability to show measurable ROI through ambitiousness/scope, the
creative application of technology/solutions, the extent of the
business results and the clarity of the submission.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user
manual for successful supply and demand chain transformation,
utilizing hard-hitting analysis, viewpoints and unbiased case
studies to steer executives and supply management professionals
through the complicated, yet critical, world of supply and demand
chain enablement to gain competitive advantage. On the web:
www.sdcexec.com.
About Logility
Accelerating the digital supply chain from product concept to
customer availability, Logility helps companies seize new
opportunities, sense and respond to changing market dynamics and
more profitably manage their complex global businesses. The
Logility Digital Supply Chain Platform leverages an innovative
blend of artificial intelligence (AI) and advanced analytics to
automate planning, accelerate cycle times, increase precision,
improve operating performance, break down business silos and
deliver greater visibility. Logility’s SaaS-based platform
transforms sales and operations planning (S&OP) and integrated
business planning (IBP) processes; demand, inventory and
replenishment planning; global sourcing; quality and compliance
management; product life cycle management; supply and inventory
optimization; manufacturing planning and scheduling; retail
merchandise planning, assortment and allocation. Logility customers
include Big Lots, Fender Musical Instruments, Husqvarna Group,
Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is
a wholly owned subsidiary of American Software, Inc. (NASDAQ:
AMSWA). To learn how Logility can help you make smarter decisions
faster, visit www.logility.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number
of factors that could cause actual results to differ materially
from those anticipated by statements made herein. These factors
include, but are not limited to, continuing U.S. and global
economic uncertainty, the timing and degree of business recovery,
unpredictability and the irregular pattern of future revenues,
dependence on particular market segments or customers, competitive
pressures, delays, product liability and warranty claims and other
risks associated with new product development, undetected software
errors, market acceptance of Logility’s products, technological
complexity, the challenges and risks associated with integration of
acquired product lines, companies and services, as well as a number
of other risk factors that could affect the Company’s future
performance. For further information about risks the Company and
American Software could experience as well as other information,
please refer to American Software, Inc.’s current Form 10-K and
other reports and documents subsequently filed with the Securities
and Exchange Commission. For more information, contact: Kevin Liu,
American Software, Inc., (626) 657-0013 or email
kliu@amsoftware.com.
Logility® is a registered trademark of Logility, Inc. Other
products mentioned in this document are registered, trademarked or
service marked by their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200707005083/en/
Media Contact: Justin Siefert Logility
jsiefert@logility.com 404.264.5485 www.logility.com/blog
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