Logility Merges the Art and Science of Retail Planning with New Inspiration Board, Enhanced Analytics and Digital Asset Library
January 14 2019 - 8:30AM
Business Wire
Logility Voyager Solutions Unveils
Pinterest-like Functionality to Help Retailers Visualize
Assortments to Delight Consumers
Logility, Inc., a leading provider of advanced retail planning
and collaborative supply chain optimization solutions, today
announced a set of enhanced capabilities available within the
Logility Voyager SolutionsTM Retail Optimization platform. These
innovations merge the art of merchandising with the science of
optimized planning to accelerate time to market and ensure the
right products and assortments are available at the right time
across multiple channels.
“Many retailers tend to operate their business by numbers while
others put creativity in the forefront,” said Paula Rosenblum,
managing partner, RSR Research. “The ability to leverage both
disciplines for a comprehensive view of the business is a game
changer that empowers retailers to be more creative while analyzing
and monitoring business performance.”
According to the RSR Research report, “Supply Chain Management
2018: In Service of the Customer,” December 2018 by Brian Kilcourse
and Paula Rosenblum, the top challenges retailers face include
increased pressure to improve fulfillment to customers and the
ability to respond to rapidly changing consumer demand patterns.
Logility Voyager Solutions helps minimize these pressures by
providing retailers the ability to more accurately align
assortments and accelerate business planning cycles from product
concept to customer delivery.
“To create excitement and a sense of urgency to inspire
consumers to purchase now, retailers must present fresh new
assortments and exclusive merchandise that keep customers coming
back again and again,” said Allan Dow, president, Logility.
“Logility provides retailers with innovative solutions that help
automate routine, manual processes and allow merchandisers and
planners to focus on new collections and assortments. The latest
enhancements to our retail planning platform increase visibility
across the enterprise and partners, improve collaboration and help
each person make smarter decisions faster and with greater
confidence.”
Logility Voyager Solutions Retail Optimization highlights
include:
Inspiration Board
The Inspiration Board is a Pinterest-like workspace where
traditional text based assortment plans become vibrant visual
representations of collections. This allows brand owners to merge
the art and science of buyers and planners to provide greater
visibility throughout the planning process and ensure each store
location is able to meet its plan.
Collaborative Assortment Planning
Enhanced collaborative assortment planning saves as much as 50
percent of the time traditional planning requires and allows
retailers to minimize risk and make smarter decisions faster. By
breaking down the barriers between departments and partners,
retailers are able to see the product in real-time as it moves from
development through sourcing and compliance to merchandise,
assortment and allocation to final customer delivery. Leveraging
product attributes gives new insights into the potential revenue
and margin performance sooner.
Embedded Analytics
Logility Voyager Solutions’ embedded analytics allow retailers
to automate their workflow and take the burden of manual processes
off of planners. Through the use of machine learning (ML), advanced
analytics help retailers move towards real-time operations to
synchronize the planning process from sourcing to manufacturing
through to store merchandising.
Digital Asset Library
The digital asset library delivers powerful visual merchandising
capabilities to the entire retail organization. From product
development to marketing to allocation, everyone has access to the
latest digital assets for each product. This single database
ensures each person works off the correct assets including product
renderings, material characteristics, tech spec packages,
literature, final product photos and 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/20190114005086/en/
Justin
SiefertLogilityjsiefert@logility.com404.264.5485www.logility.com/blog
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