Atlanta (June 24, 2008) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced the 2008 Logility Leadership Award winners. This year’s winners A.O. Smith Water Products, Basic American Foods, Malt-O-Meal and Shaw Industries were recognized at Logility’s “Connections 2008: Saddle Up for Supply Chain Success” conference held recently in San Antonio, TX.
Logility’s annual award program recognizes a select group of companies who have been the most innovative in their efforts to develop and implement collaborative supply chain processes that significantly improve operational performance through the deployment of Logility Voyager Solutions™. Each of this year’s award recipients demonstrated success in building collaboration and visibility within their supply chains which has resulted in tangible business benefits including inventory reduction, improved forecast accuracy and higher customer service levels.
Examples of the winners’ improvements in operational performance include:
- A.O. Smith Water Products, a leading manufacturer and marketer of residential and commercial water heaters and hydronic boilers, was recognized for their achievement in building a more successful, streamlined Sales and Operations Planning (S&OP) process as well as improvements in supply chain planning and transportation management with Logility Voyager Solutions. As a result, A.O. Smith has increased collaboration both internally and externally, minimized inventory investments, reduced supply chain costs and maximized customer service levels.
- Basic American Foods, one of the world’s leading suppliers of convenience food products, including dry potato and bean products as well as refrigerated food products, was recognized for their success using Logility Voyager Transportation Planning and Management to optimize shipments, increase collaboration with carriers and automate freight payment. As a result, Basic American Foods has streamlined the tendering process utilizing EDI, can accurately predict monthly freight accruals and can plan loads more efficiently.
- Malt-O-Meal, a leading manufacturer of ready-to-eat cereal, deployed Logility Voyager Solutions to increase internal visibility, accelerate communication, synchronize inventory investments and improve transportation management. As a result, Malt-O-Meal has improved customer service, enabled better internal communication, increased forecast accuracy, saved over $1 million annually with transportation load building, maximized carrier discounts and generated savings through aggregation and multi-stop loads.
- Shaw Industries, one of the world’s largest carpet manufacturers and a leading floor covering provider, deployed Logility Voyager Solutions to increase visibility, drive true business direction through Strategic Business Units and better align the S&OP process with corporate goals and initiatives. Shaw Industries is leveraging Voyager’s built-in performance management capabilities to increase S&OP effectiveness across the organization. The benefits have led to increasing net margins, improving fill rates and stronger customer confidence.
“Each year it is an honor to recognize a select group of Logility customers as Leadership Award winners,” said Mike Edenfield, president and CEO, Logility. “This prestigious list of award winners includes some of the world’s leading manufacturers and we congratulate each of them on their supply chain achievements. We are proud to be the technology partner supporting their success and will continue to provide innovative solutions that help build strong, collaborative supply chains that sustain long-term benefits and growth.”
About Logility
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management solution that features performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include McCain Foods, Pernod Ricard, Sigma Aldrich, and VF Corporation. Logility is a majority owned subsidiary of American Software (NASDAQ: AMSWA). For more information about Logility, call 1-800-762-5207 or 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, changes in general economic conditions, technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2007 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET:
http://www.logility.com or E-mail:
asklogility@logility.com.
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