Logility Voyager Solutions Expands Visibility
and Accelerates Planning Cycles from Product Design to Customer
Delivery
Logility, Inc., a leading provider of advanced retail planning
and collaborative supply chain optimization solutions, is helping
companies reduce the time required to bring products to market by
up to 50 percent. The Logility Voyager Solutions™ platform
accelerates the digital supply chain from product concept to
customer delivery by breaking down business silos, and delivering
greater visibility and collaboration across multiple departments
and global trading partners.
In today’s hyper-competitive market where consumers expect fresh
new products and unique assortments, processes developed to manage
only four to six seasons a year are inefficient, expensive and too
slow. For example, many retailers, brand owners and manufacturers
still rely on outdated business silos and sequential processes that
inhibit collaboration and diminish productivity. Logility is
breaking down these barriers to deliver increased visibility across
product development, sourcing and compliance through to
merchandising, assortment, allocation and replenishment, and
digital supply chain optimization. Combining all aspects of
business planning onto a single platform allows retailers, brand
owners and manufacturers to harness advanced analytics, artificial
intelligence (AI) and machine learning (ML) to automate manual
processes, drive greater precision, accelerate decision making and
reduce risk across omni-channel operations.
With Logility, retailers, brand owners and manufacturers can
confidently plan from concept to customer to achieve:
Quicker Planning Cycles
By taking time out of the planning cycle, retailers, brand
owners and manufacturers can better automate their routine
processes with greater accuracy to allow teams to focus on new and
higher value added activities. This leads to reduced out-of-stocks,
higher inventory turns, faster production cycles and greater
customer satisfaction.
Minimized Risk
By utilizing more accurate forecasts based on a broad set of
data including history, similar products, point-of-sale (POS) and
social signals, companies gain the increased flexibility to
postpone key decisions such as raw material requirements until
closer to actual production reducing overall product investment
risk. Now, the right product in the right quantity is available
when and where consumers want it helping increase full-price sell
through and profitability.
Increased Visibility
According to the RSR Research report, “Supply Chain Management
2018: In Service of the Customer,” December 2018 by Brian Kilcourse
and Paula Rosenblum, system-wide inventory visibility is seen as
providing significant value to the organization. In the same
report, 79 percent of “Retail Winners” noted they have a lot of
visibility across their system while only 42 percent of all other
retailers could say the same. Logility is breaking down barriers
between departments and trading partners to take wasted time out of
the process and increase confidence in the data and visibility
across all aspects of planning from product design to merchandise
delivery.
Quicker Decision Making
Logility’s platform removes the need to search for data across
disparate databases. With access to information from across the
organization, teams can move forward based on insights from
multiple departments, planners and trading partners. In addition,
advanced analytics help alert and direct teams to potential
opportunities and risks in the plan and evaluate appropriate
actions and accelerate business response.
Greater Profitability
Today’s global businesses must plan, source, assort and allocate
more frequently with shorter seasons while satisfying consumer
needs across multiple channels. Planning from concept to customer
sets businesses on the right path to higher margins, fewer
markdowns, greater full-price sell-through and less stale
inventory.
“Logility is taking the traditional planning cycle and reducing
it by up to 50 percent while increasing both the quality of data
and confidence in the outcome,” said Allan Dow, president,
Logility. “When we automate decision making and break down the
barriers that prevent the flow of information, teams can more
effectively collaborate and work towards a common goal while
delivering greater service to consumers with innovative products,
reducing costs and increasing margins.”
Logility’s leading retail experts invite attendees of the NRF
2019: Retail’s Big Show to stop by booth #4523 to learn more.
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 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), 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. 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/20190114005079/en/
Justin SiefertLogilityjsiefert@logility.com404.264.5485
American Software (NASDAQ:AMSWA)
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