ATLANTA – June 8, 2011 – Supply Chain Digest, a leading supply chain management and logistics publication, recently featured Logility Voyager Inventory Optimization™ as its “Cool New Supply Chain Product.” Each month,
Supply Chain Digest (
SCDigest) features a "Cool New Product" accompanied by a short video review. To qualify, the product must meet two requirements—it has to be new and it must be cool.
Voyager Inventory Optimization was honored with this distinction for its recent integration with the Logility Voyager Solutions suite.
As
SCDigest editor Dan Gilmore describes in the video “
New Integrated Inventory Optimization Solution from Logility takes the Honors, Showing 1+ 1 can Equal 3,” multi-echelon inventory optimization (MEIO) software itself is very cool, but generally has operated in "stand alone" mode. Following the acquisition of Optiant in March 2010, Logility integrated the multi-echelon inventory optimization solution into the Logility Voyager Solutions suite. According to Gilmore, “The integration allows the IO software to be plugged into Logility’s existing performance management framework…resulting in new capabilities traditionally not part of most inventory optimization solutions.”
“By integrating the IO solutions, Logility has done a great job of taking it to the next level to leverage the synergies available between inventory optimization and the broader suite which optimizes demand and supply planning,” Gilmore continues in the video.
The video also highlights Logility’s Inventory Optimization Financial Impact Estimator. The tool provides companies an initial calculation of the financial benefits one can expect through an IO initiative. Following an 18 question survey, the tool helps you estimate the benefits and savings but also highlights the factors that contribute to those savings. To download a copy of this tool, please visit:
http://www.logility.com/io-calc.
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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 a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory 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 wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). For more information about Logility, call 1-800-762-5207 USA 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, 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. Form 10-K for the year ended April 30, 2010 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.