Logility and APICS Survey Reveals the Top Supply Chain Priorities for Advanced Analytics
July 31 2018 - 8:30AM
Business Wire
Logility, Inc., a leading provider of collaborative supply chain
optimization and advanced retail planning solutions, and APICS
recently surveyed more than 1,000 supply chain leaders to uncover
the priorities and challenges companies face as they embrace
advanced analytics, Big Data and machine learning. The results were
first published during the live APICS webcast, Accelerate Supply
Chain Performance Using Advanced Analytics, now available
on-demand.
According to the survey, 30 percent identified the need to
respond to customer mandates for faster, more accurate and unique
fulfillment as a top business priority moving forward. This
requires access to the right supply chain information when and
where you need it and the ability to derive quick insights from Big
Data. However, many companies still rely on spreadsheets and legacy
systems which inhibit visibility and hide both the opportunities as
well as the potential risks.
Notable Findings:
- 36% identify the opportunity to
optimize their inventory to balance supply and demand as a top
driver for their analytics initiative
- 30% highlighted the need to respond to
customer mandates for faster, more accurate and unique fulfillment
as a top business priority moving forward
- 28% see the ability to blend data from
multiple systems for complete supply chain visibility as a key
benefit of an advanced analytics initiative
- 19% of respondents say they want to
leverage machine learning to improve their company’s forecast
accuracy
“Organizations can quickly become overwhelmed by the vast amount
of data today’s enterprise systems, connected devices and social
networks create,” said Allan Dow, president, Logility. “Leading
organizations around the world have turned to Logility’s advanced
analytics platform to make smarter decisions faster through greater
visibility and leveraging predictive and prescriptive analytics to
drive their businesses forward. Through the innovative use of
artificial intelligence and machine learning we are able to better
understand the dynamics that impact business, quickly uncover new
opportunities and enhance customer service.”
To learn what specific business outcomes your organization can
achieve through the application of advanced analytics watch the
on-demand webcast: Accelerate Supply Chain Performance Using
Advanced Analytics.
About Logility
With more than 1,300 customers worldwide, Logility is a leading
provider of collaborative supply chain optimization and advanced
retail planning solutions that help small, medium, large, and
Fortune 500 companies realize substantial bottom-line results in
record time. Logility Voyager Solutions™ is a complete supply chain
management and retail optimization solution that features advanced
analytics and provides supply chain visibility; demand, inventory
and replenishment planning; Sales and Operations Planning
(S&OP); Integrated Business Planning (IBP); supply and
inventory optimization; manufacturing planning and scheduling; and
retail merchandise planning 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. For more information about Logility, call 800-762-5207
USA or visit http://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. 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/20180731005119/en/
Logility, Inc.Justin Siefert,
404-264-5485jsiefert@logility.comwww.logility.com/blog
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