Intertape Polymer Group Inc. Increases Supply Chain Efficiency with Logility Voyager Solutions
Leading tape and film manufacturer improves fill rates,
increases forecast accuracy and reduces obsolete inventory
Atlanta (Jan. 31, 2008) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Intertape Polymer Group Inc., a leading tape and film manufacturer in North America, has implemented Logility Voyager Solutions™ to improve visibility into customer demand, increase collaboration, help rationalize its vast product portfolio and create a more efficient supply chain.
“Logility Voyager Solutions has helped us quickly gain visibility and flexibility in our supply chain,” said Joe Tocci, vice president of supply chain, Intertape Polymer Group. “We are now able to rollout a forecast that promotes a more accurate foundation for inventory and replenishment planning and helps us reach our goal of having a more proactive supply chain that drives profitability.”
Intertape Polymer Group implemented Logility Voyager Solutions after experiencing rapid growth through acquisitions which increased supply chain complexity. As a result of the implementation, Intertape Polymer Group has significantly increased demand visibility, created a more proactive supply chain and refined its inventory and replenishment planning processes. Logility has also enabled Intertape Polymer Group to rationalize its broad product line by providing a comprehensive overview of demand by SKU, customer and distribution channel. Additionally, Intertape Polymer Group has leveraged time-phased inventory policies that better align business seasonality with customer service goals.
“Intertape Polymer Group has achieved tremendous results with Logility Voyager Solutions,” said Mike Edenfield, president and CEO, Logility. “They have experienced an increase in forecast accuracy, customer fill rates and customer service levels and we anticipate the benefits to continue as Logility helps support Intertape Polymer’s future supply chain goals.”
To read more about Intertape Polymer Group’s success with Logility Voyager Solutions, visit www.logility.com.
About Intertape Polymer Group Inc.
Intertape Polymer Group Inc. is a recognized leader in the development and manufacture of specialized polyolefin plastic and paper based packaging products and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the Company employs approximately 2,100 employees with operations in 17 locations, including 13 manufacturing facilities in North America and one in Europe.
About Logility
With more than 1,240 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 http://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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