ITALCAR Cuts Stock Levels While Increasing Sales Shortly After Implementing Demand Solutions
October 01 2019 - 8:15AM
Business Wire
Tunisian Car Distributor Increases Sales, Reduces Stock Despite
Challenging Financial Environment
Demand Management, Inc., a leading global resource for
cloud-based supply chain management solutions, announced today that
ITALCAR, a Tunisian dealer of cars and trucks, has chosen Demand
Solutions® as its new supply chain planning platform.
A subsidiary of the IDM Group, ITALCAR represents Iveco in
Tunisia with two other dealers, and exclusively represents Fiat,
Alfa Romeo, Jeep, Lancia, and Petronas oils. The company also
provides after-sales vehicles for distributed brands and sales of
spare parts and accessories. ITALCAR has 180 employees across three
locations in Tunisia.
Until recently, ITALCAR ran its business using a standard MRP
system and spreadsheets, which made it difficult for the company to
make progress towards its ambitious business performance goals.
ITALCAR deployed Demand Solutions to improve visibility, increase
sales, reduce stock levels, offer a greater variety of parts, and
put itself in a better position to negotiate part costs with
vendors.
“Our initial results from Demand Solutions left no room for
doubt,” said Teymour Elhicheri, Group IT Director, ITALCAR. “Demand
Solutions Demand Planning and Requirements Planning are already
helping us drive our business forward in a challenging economic
environment in our country. With the Tunisian Dinar being devalued,
we wanted to reduce our financial risk by cutting our stock levels
by at least one-third while at the same time increasing our sales.
We’ve already achieved these goals with Demand Solutions.”
“We are always excited to work with companies like ITALCAR that
have set specific metrics for supply chain planning success,” said
Bill Harrison, president of Demand Management. “ITALCAR has
achieved truly impressive goals with Demand Solutions—and we’ve
only just begun our partnership. We look forward to helping them
continue to exceed expectations as they grow their business,
increase visibility and further automate their planning
process.”
About Demand Management, Inc.
Demand Management, Inc. is the leading global provider of the
Demand Solutions® software-as-a-service (SaaS) supply chain
planning software. These affordable, easy-to-use solutions for
manufacturers and distributors are designed to increase forecast
accuracy, improve customer service levels, and reduce overall
inventory to maximize profits and lower costs. Designed to run on
Azure, a cloud service from Microsoft, the Demand Solutions DSX™
supply chain planning solution offers functionality for demand
optimization, supply optimization, manufacturing optimization,
integrated business planning/sales and operations planning, team
collaboration, retail optimization, and data visualization.
Demand Management has worked with supply chain professionals for
over 30 years and has incorporated their best practices and
real-world business requirements into its software. The Company’s
extensive customer base across 81 countries includes Siemens
Healthcare, AutomationDirect.com, and Newfoundland Labrador Liquor
Corporation. Demand Management is a wholly owned subsidiary of
Logility, Inc., which is a wholly-owned subsidiary of American
Software, Inc. (NASDAQ: AMSWA).
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 the Company’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’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.
Demand Solutions® is a registered trademark 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/20191001005027/en/
Marti Kirsch mkirsch@demandsolutions.com
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