WEG Joins the Logility Client Community
August 18 2022 - 8:15AM
Business Wire
A leader in electrical technologies chooses the
Logility® Digital Supply Chain Platform
Logility, Inc., a leader in supply chain innovation powering the
sustainable and resilient enterprise, has been chosen by WEG to
support its global supply network management with the Logility
Digital Supply Chain Platform.
Headquartered in Brazil, WEG is a world-leading supplier of
electro-electronic equipment and solutions. Founded in 1961, the
rapidly growing company now manufactures 19 million electrical
motors annually. WEG chose Logility’s sophisticated demand planning
tool to support inventory replenishment on its distribution
business in the United States.
“Today’s supply chains provide resilience and support the need
to sense and respond to market changes quickly, while turning
challenges into growth opportunities,” said Paulo Sérgio dos
Santos, WEG’s Chief Information Officer. “Logility’s team made time
to familiarize itself with WEG’s unique planning processes and
challenges leveraging inventories across our global network, and we
are confident its solutions will positively impact our
business.”
“WEG is in the midst of significant expansion and needs a
technology partner that can help anticipate, plan, execute and
pivot to continue growth,” said Allan Dow, president of Logility.
“We are honored to be WEG’s partner and welcome the company into
our community of innovative supply chain professionals.”
About Logility
Accelerating the digital sustainable supply chain, Logility
helps companies seize new opportunities, sense and respond to
changing market dynamics and more profitably manage their complex
global businesses. The Logility® Digital Supply Chain Platform
leverages 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 clients include Big Lots, Husqvarna Group, Parker
Hannifin, Sonoco Products and Red Wing Shoe Company. Logility is a
wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA).
To learn how Logility can help you make smarter decisions faster,
visit www.logility.com.
About WEG
Founded in 1961, WEG is a global electro-electronic equipment
company, operating in the capital goods sector a with focus on
electric motors and drives, energy generation and transformers,
electrification products and systems, automation and
digitalization. WEG stands out in innovation by constantly
developing solutions to meet the major trends in energy efficiency,
renewable energy and electric mobility. With manufacturing units in
12 countries and present in more than 135 countries, the company
has more than 37,000 employees worldwide. WEG’s net revenue reached
R$ 23.6 billion in 2021, 54% from external markets.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. References below to
the Company means Logility, Inc. There are a number of factors that
could cause actual results or performance to differ materially from
what is anticipated by statements made herein. These factors
include, but are not limited to, continuing U.S. and global
economic uncertainty and the timing and degree of business
recovery; the irregular pattern of the Company’s revenues;
dependence on particular market segments or clients; competitive
pressures; market acceptance of the Company’s products and
services; technological complexity; undetected software errors;
potential product liability or warranty claims; risks associated
with new product development; the challenges and risks associated
with integration of acquired product lines, companies and services;
uncertainty about the viability and effectiveness of strategic
alliances; American Software, Inc.’s ability to satisfy in a timely
manner all Securities and Exchange Commission (SEC) required
filings and the requirements of Section 404 of the Sarbanes-Oxley
Act of 2002 and the rules and regulations adopted under that
Section; 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 SEC. For more information, contact:
Kevin Liu, American Software, Inc., (626) 657-0013 or email
kliu@amsoftware.com.
Logility® is a registered 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/20220818005077/en/
Marti Kirsch Executive Vice President, Marketing, Logility
mkirsch@logility.com
American Software (NASDAQ:AMSWA)
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