Remy International Receives 2005 Sailing to New Heights with Logility Award
ATLANTA (April 4, 2005) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Remy International, North America’s largest producer of remanufactured starters and alternators for the automotive aftermarket, has received the 2005 Sailing to New Heights with Logility Award for supply chain excellence. This award is the highest honor given annually to the Logility customer that has leveraged innovation and collaboration to drive measurable business improvements and supply chain excellence through the deployment of Logility Voyager Solutions™. Remy implemented Logility Voyager Solutions in 2004 to reduce demand volatility and improve factory scheduling; generate a one-number forecast for its business; decrease inventory; and streamline the sales and operations planning process.
“With Logility, we have greater visibility across our global supply chain and, as a result, have reduced finished goods inventory, increased service levels and decreased expediting,” said Carl Flatley, director, supply chain and inventory management, electrical aftermarket, Remy International. “Importantly, Logility is now an enabler for sales and operations planning, allowing collaboration and driving forecast accuracy improvements.”
“Remy has a comprehensive approach to supply chain innovations based on greater planning accuracy,” said Mike Edenfield, president and CEO of Logility. “We are pleased that Logility Voyager Solutions are driving supply chain performance improvements for Remy International, and look forward to helping the company continue to experience even greater results.”
About Remy International
Remy International is the leading global manufacturer and remanufacturer of aftermarket electrical components original equipment electrical components, and aftermarket powertrain/drivetrain components for automobiles, light trucks, heavy-duty trucks and other heavy-duty vehicles. For more information, visit http://www.remyinc.com.
“With Logility, we have greater visibility across our global supply chain and, as a result, have reduced finished goods inventory, increased service levels and decreased expediting,” said Carl Flatley, director, supply chain and inventory management, electrical aftermarket, Remy International. “Importantly, Logility is now an enabler for sales and operations planning, allowing collaboration and driving forecast accuracy improvements.”
“Remy has a comprehensive approach to supply chain innovations based on greater planning accuracy,” said Mike Edenfield, president and CEO of Logility. “We are pleased that Logility Voyager Solutions are driving supply chain performance improvements for Remy International, and look forward to helping the company continue to experience even greater results.”
About Remy International
Remy International is the leading global manufacturer and remanufacturer of aftermarket electrical components original equipment electrical components, and aftermarket powertrain/drivetrain components for automobiles, light trucks, heavy-duty trucks and other heavy-duty vehicles. For more information, visit http://www.remyinc.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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