Logility to Provide Supply Chain Collaboration Tools for Thomson Learning
Logility Voyager Solutions will help Thomson Learning improve inventory management and boost customer service levels
Atlanta (February 13, 2007) - Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Thomson Learning, one of the world's largest providers of tailored learning solutions, has selected Logility Voyager Solutions™ to help manage inventory and strengthen customer service through increased demand visibility and improved forecast accuracy.
"Thomson Learning has a large portfolio of products and services that are specifically tailored to meet the educational needs of our customers. This creates a significant challenge for effective inventory management," said Randy Mandel, Executive Director, Global Inventory Management, Thomson Learning. "We selected Logility for its straightforward approach to planning and quick to deploy solution. We plan to us these tools to help us improve our planning process through increased visibility and analysis around customer demand, allowing us to more cost-effectively maintain high customer service levels."
Thomson Learning distributes tailored learning solutions for individuals, businesses and institutions around the world. The company's products and services are delivered in multiple learning formats and are sold through direct channels and a worldwide network of distributors. The company will implement Logility Voyager Solutions to enable more comprehensive demand, product life cycle, inventory, replenishment and sales & operations planning (S&OP).
"With Logility, Thomson Learning will be able to manage inventory more effectively, increase forecast accuracy, reduce days-on-hand inventory, decrease carrying costs and better serve its customers," said Mike Edenfield, president and CEO of Logility. "We look forward to helping them improve their supply chain performance by supporting a more demand-driven approach to inventory management."
Logility Voyager Solutions enables companies to increase gross margins through reduced costs, better demand visibility, synchronized sourcing, and improved customer service to free up capital and accelerate growth. For more information, visit http://www.logility.com.
"Thomson Learning has a large portfolio of products and services that are specifically tailored to meet the educational needs of our customers. This creates a significant challenge for effective inventory management," said Randy Mandel, Executive Director, Global Inventory Management, Thomson Learning. "We selected Logility for its straightforward approach to planning and quick to deploy solution. We plan to us these tools to help us improve our planning process through increased visibility and analysis around customer demand, allowing us to more cost-effectively maintain high customer service levels."
Thomson Learning distributes tailored learning solutions for individuals, businesses and institutions around the world. The company's products and services are delivered in multiple learning formats and are sold through direct channels and a worldwide network of distributors. The company will implement Logility Voyager Solutions to enable more comprehensive demand, product life cycle, inventory, replenishment and sales & operations planning (S&OP).
"With Logility, Thomson Learning will be able to manage inventory more effectively, increase forecast accuracy, reduce days-on-hand inventory, decrease carrying costs and better serve its customers," said Mike Edenfield, president and CEO of Logility. "We look forward to helping them improve their supply chain performance by supporting a more demand-driven approach to inventory management."
Logility Voyager Solutions enables companies to increase gross margins through reduced costs, better demand visibility, synchronized sourcing, and improved customer service to free up capital and accelerate growth. For more information, visit http://www.logility.com.
About Logility
With more than 1,100 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; supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Bissell, Brown Shoe Company, Huhtamaki UK, McCain Foods, Pernod Ricard, Rand McNally, 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, 2006 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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