Logility Unveils Voyager Pulse Wise
March 25 2019 - 8:30AM
Business Wire
Artificial Intelligence-based Solution
Automatically Senses, Analyzes and Responds to Market Conditions
Increasing Forecast Accuracy up to 50 Percent
Logility, Inc., a leading provider of collaborative supply chain
optimization and advanced retail planning solutions, today
announced the availability of Logility Voyager Pulse Wise™, an
autonomous engine that continuously senses, analyzes and updates
demand planning parameters in real-time to help ensure the supply
chain operates at peak performance. Artificial intelligence (AI)
analyzes future demand signals and actual performance to
proactively react to changes that may impact forecast accuracy.
This innovative approach to creating a more precise supply chain
plan has shown to increase forecast accuracy by 20 to 50
percent.
The evolution of the digital supply chain provides businesses
with an exciting opportunity to turn large data streams into
meaningful information that can drive the business forward with new
insights and greater accuracy. Today’s planners can quickly become
overwhelmed by the volume of decisions required to meet strategic
business goals. Advances in AI have helped augment planner
productivity and automate many of the routine functions to
accelerate decision-making and sense the “pulse” of the latest
market and business conditions to quickly respond with appropriate
updates.
Voyager Pulse Wise is an AI-based solution that monitors
forecast accuracy in real-time and adjusts the forecast parameters
autonomously for each forecasted item to increase accuracy and help
ensure supply chain peak performance. Similar to your favorite
pulse monitor, Voyager Pulse Wise continuously monitors supply
chain performance as well as internal and external data sources to
sense, analyze and adjust to market conditions to help companies
stay ahead of potential disruptions, respond to spontaneous demand
and take advantage of new opportunities.
“Supply chain teams must automate planning and accelerate their
time to market if they are going to stay ahead of their competition
and respond to dynamic market conditions,” said Allan Dow,
president, Logility. “Logility Voyager Pulse Wise can improve
forecast accuracy in real time and relieve the supply chain
organization from the burden of manual forecast tuning which frees
up time for more strategic activities.”
Voyager Pulse Wise is available on the Logility Voyager
Solutions 1901 platform.
About Logility
Accelerating the digital supply chain from product concept to
customer delivery, Logility helps companies seize new
opportunities, sense and respond to changing market dynamics and
more profitably manage their complex global businesses. Logility
Voyager Solutions™ leverage 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 Software-as-a-Service (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; and 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), named one of the 100 Most Trustworthy Companies in America
by Forbes. 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: Vincent C.
Klinges, Chief Financial Officer, American Software, Inc., (404)
264-5477 or fax: (404) 237-8868.
Logility® is a registered trademark and Logility Voyager
Solutions™ and Logility Voyager Pulse Wise™ are trademarks of
Logility, Inc. Other products mentioned in this document are
registered, trademarked or service marked by their respective
owners.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190325005149/en/
Justin
SiefertLogilityjsiefert@logility.com404.264.5485www.logility.com/blog
American Software (NASDAQ:AMSWA)
Historical Stock Chart
From Aug 2024 to Sep 2024
American Software (NASDAQ:AMSWA)
Historical Stock Chart
From Sep 2023 to Sep 2024