Follett Corporation, Siemens Healthineers,
Leupold & Stevens, Jockey International, Inc., and Smithfield
Foods, Inc. Recognized for Driving Supply Chain Excellence through
People, Process, Technology and Data Initiatives
Logility, Inc., a leading provider of collaborative supply chain
optimization and advanced retail planning solutions, unveiled the
recipients of the 2019 Accelerator Awards presented at the 2019
Velocity Conference. This year, Follett Corporation, Siemens
Healthineers, Leupold & Stevens, Jockey International, Inc.,
and Smithfield Foods, Inc. were recognized for leading
transformative digital supply chain initiatives that resulted in
significant business impact through the innovative use of people,
process, technology and data.
This year’s Accelerator Awards recognize a select group of
companies that have turned to solutions from Logility, Demand
Management, Inc., New Generation Computing, Inc. (NGC) and Halo
Business Intelligence to significantly transform and improve their
business planning processes, overcome complex supply chain
challenges and tap into new data sources. In addition, each company
has demonstrated an on-going commitment and leadership role to
continuously improve their supply chain and retail operations and
embrace digital transformation to accelerate their time to market
and boost customer service.
Highlights of the 2019 Accelerator Award winners’ improvements
and operational performance include:
Follett – Fall Rush Division. Follett Corporation
operates 1,200 on-campus stores and is one of the nation’s largest
retailers of college licensed apparel. The Fall Rush Division,
available in more than 500 campus stores as well as through online
channels, has experienced rapid growth since its launch in August
2018. The company turned to the Andromeda Cloud Platform® from NGC
to automate and accelerate its planning processes. Since
implementing NGC’s SaaS solution, the Fall Rush Division has
reduced cycle times significantly by automating manual processes,
improving collaboration and trust with sourcing partners and
vendors, and increasing visibility and confidence to move new
products to market quickly.
Siemens Healthineers, a leading medical technology
company, operates a complex, capital intensive supply chain.
Transforming the delivery of patient care, Siemens Healthineers’
digital initiative focuses on optimizing inventory expiry dates to
cost-effectively meet customer service goals. Siemens Healthineers
turned to Demand Solutions DSX™ cloud platform to optimize
inventory investments, improve service levels and create a
healthier supply chain for confident and cost-effective patient
care. Over the past couple of years the Siemens Healthineers team
has noted a marked decreased in expired inventory leading to
reduced working capital.
Leupold & Stevens. To stay ahead of rapidly changing
customer preferences as well as potential regulatory and tariff
risks, Leupold & Stevens, a manufacturer of telescopic sights,
red dot sights, spotting scopes, and binoculars, identified an
opportunity to become demand-driven as they established a sales,
inventory and operations planning (SIOP) process. The company
turned to Logility Voyager Solutions™ and today the SIOP process
helps align business stakeholders with strategic and operational
goals and foster greater collaboration with its partners and
suppliers. Since implementing the SIOP process, the company has
realized a 25 percent forecast accuracy improvement, increased
manufacturing throughput by more than 20 percent and now enjoys a
96 percent match of supply to forecasted demand.
Jockey International, Inc., an iconic apparel brand
highly regarded for its underwear, activewear, loungewear and
sleepwear identified an opportunity to improve visibility into
vendor performance and drive increased collaboration. With NGC’s
Andromeda Cloud Platform, Jockey is able to create a connected
enterprise spanning internal departments and external partners to
provide a single version of the truth for Jockey which has helped
reduce cycle time by up to 30 percent for new product
introductions. The increased visibility across merchandising,
design, product, material development, sourcing and quality enables
Jockey to closely measure and monitor vendor performance and score
carding. Leveraging the NGC Andromeda® platform has helped free up
key resources that can now focus on more strategic activities and
accelerate bringing new products to market every season.
Smithfield Foods, a global food company and the world’s
largest pork processor and hog producer, embarked on a supply chain
transformation journey to drive operational efficiencies and
establish core planning processes and principles across its brand
network. The company operates a highly complex supply chain with 45
facilities in the United States exporting product to more than 40
countries around the world. Smithfield worked with Logility Voyager
Solutions to support its strategic supply chain transformation and
the company’s goals to reduce complexity and gain visibility. It
now has comprehensive planning visibility and synchronization from
demand through inventory, supply and production. In addition,
Smithfield has increased planning automation and gained confidence
in the planning process across the organization.
“The 2019 Accelerator Awards highlight how forward-thinking
organizations are able to drive tangible improvements in their
supply chain and retail planning initiatives by aligning people,
process, innovative technology and a variety of data sources,” said
Allan Dow, president, Logility. “We are honored to recognize each
company for their impressive achievements and look forward to
working with them to support their ongoing digital supply chain
transformation initiatives.”
(Photos from 2019 Velocity Conference)
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™ is a trademark of Logility, Inc.; Andromeda® and
Andromeda Cloud Platform® are registered trademarks of New
Generation Computing, Inc.; and DSX™ is a trademark of Demand
Management, Inc. Other products mentioned in this document are
registered marks, trademarks or service marks of their respective
owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20190418005386/en/
Justin
SiefertLogilityjsiefert@logility.com404.264.5485www.logility.com/blog
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