Blog Type: Press Release

Gartner Supply Chain Planning Summit, Phoenix, AZ. – November 16, 2023 – Logility, Inc., a leader in prescriptive supply chain planning solutions, will showcase their latest developments for optimizing supply chain performance at the 2023 Gartner Supply Chain Planning Summit in Phoenix, Arizona on November 29 – 30, 2023.  

During this event, Scott Tillman, Senior Vice President of Innovation at Logility will present “The New Era of AI-Powered Supply Chain Decisions.” The session will detail how AI-first forecasting and inventory optimization are ushering in a new era of supply chain planning at an intense rate of speed. With Logility, companies finally have powerful insights into the impact of changing forecast components like promotions, product introductions, and external demand drivers. Don’t miss this opportunity to learn about how real-time insights backed by Generative AI and Machine Learning are driving better decisions and delivering tangible benefits.

Be sure to also stop by Logility booth #103 to learn more about their newest solutions, including InventoryAI+, designed to improve insights with enhanced AI and a fresh user experience. Predictive analytics empower planners to resolve issues in real-time and achieve higher service levels while maximizing profit. As a comprehensive solution, Logility’s Digital Supply Chain Platform also provides the capability to optimize against detailed scheduling constraints and goals for each manufacturing resource with a plant.

DemandAI+ uses Gen AI to empower planners and executives alike to simply ask questions and gain real-time insights that enable rapid decision-making. “In fact, by replacing SAP APO with Demand AI+, a large coffee client achieved a staggering 50% improvement in forecasting accuracy, demonstrating its transformative potential,” said Tillman. “DemandAI+ is proving to be a gamechanger for demand planning for over 60 new clients since its release.”

Logility is offering personalized demonstrations of its prescriptive solutions at the conference. Click here to schedule a meeting or visit Logility in the exhibition hall at booth #103. For those attending the event, the Logility theatre session will be hosted, Thursday, November 30, 2023 at 1:10PM MST in the Exhibit Showcase Theater.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Gartner Supply Chain Planning Summit 2023

The Gartner Supply Chain Planning Summit 2023 conference delivers must-have insights, strategies and frameworks for supply chain planning leaders to address their strategic needs within their organizations. For more information visit: https://www.gartner.com/en/conferences/na/supply-chain-planning-us

About Logility

Logility’s Digital Supply Chain Platform helps facilitate optimized demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our prescriptive approach drives team alignment for over 800 customers in 80 countries with prioritized outcomes that assure demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

ATLANTA – November 6, 2023 – Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers an innovative AI-powered supply chain planning platform that enables resiliency and accelerates digital supply chain transformation, today announced that it will release its Second Quarter Fiscal Year 2024 preliminary financial results after the U.S. financial markets close on Thursday, November 16, 2023.

In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations.

American Software’s Second Quarter Fiscal Year 2024 Preliminary Financial Results Earnings Call
Date: Thursday, November 16, 2023
Time: 5:00 pm ET
Location: www.amsoftware.com/investor-relations

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers prescriptive demand, inventory, manufacturing, and supply planning tools – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.

Serving clients such as Big Lots, Carter’s, Destination XL, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh Vegetables, Inc., and Fender Musical Instrument Co, our solutions are marketed and sold through a direct sales team as well as an independent global value-added reseller distribution network.

Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our engineered approach drives team alignment for over 800 customers in 80 countries with prioritized, value-focused outcomes. For more information about Logility, please visit www.logility.com.  Logility is a wholly-owned subsidiary and operating entity for American Software, Inc. (NASDAQ: AMSWA).  You can learn more about American Software at www.amsoftware.com, or by calling (404) 364-7615 or emailing kliu@amsoftware.com.

 Results from the New Era of Planning to be Showcased at the 2023 Gartner® Supply Chain Planning Summit EMEA

Gartner Supply Chain Planning Summit, London, U.K. – October 30, 2023 – Logility, Inc., a leader in prescriptive supply chain planning solutions, will showcase their latest developments for optimizing supply chain performance at the 2023 Gartner Supply Chain Planning Summit in London, England 30-31, October 2023.

Artificial intelligence (AI) isn’t just a buzzword, it’s a game-changer. Many planners and executives are considering how to integrate AI into their business and leverage it to increase accuracy and optimize operations, while speeding decisions that maximize performance. At booth #207, Logility experts will share how DemandAI+ is leaping beyond historical forecasting methods to provide real-time insights into the impact of changing forecast components such as promotions and product introductions. In addition, this AI-first approach considers numerous demand drivers like seasonality, social sentiment, weather, and market indices. 

With Generative AI built-in, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm. DemandAI+ with Generative AI is designed so that planners and executives alike can simply ask questions and gain powerful insights that enable rapid decision-making.

Meet the Logility Team

InventoryAI+ is designed to improve insights with enhanced AI and a fresh user experience designed for today’s supply chain professional. Predictive analytics empower planners to resolve issues in real-time and achieve higher service levels while maximizing profit. As a comprehensive solution, Logility’s Digital Supply Chain Platform even provides the capability to optimize against detailed scheduling constraints and goals for each manufacturing resource with a plant.

“In today’s business environment, it’s critical to have a firm grasp of demand, inventory, and supply. At the Gartner Planning Summit we will showcase how quickly and easy it is to gain new insights leveraging our configurable platform to meet business objectives and drive financial performance,” said Allan Dow, president of Logility.

Logility is offering personalized demonstrations of its prescriptive solutions at the conference. Click here to schedule a meeting or visit Logility in the exhibition hall at booth #207.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Gartner Supply Chain Planning Summit EMEA 2023

The Gartner Supply Chain Planning Summit EMEA 2023 conference delivers must-have insights, strategies and frameworks for supply chain planning leaders to address their strategic needs within their organizations. For more information visit: https://www.gartner.com/en/conferences/emea/supply-chain-planning-uk

About Logility

Logility’s Digital Supply Chain Platform helps facilitate optimized demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our prescriptive approach drives team alignment for over 800 customers in 80 countries with prioritized outcomes that assure demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

Powerful New Offering Optimizes Inventory with Advanced AI and Machine Learning to Lower Costs while Improving Service

ATLANTA – September 28, 2023 – Logility, Inc., a leader in prescriptive supply chain planning solutions, today announced the extension of its inventory planning and optimization capabilities with InventoryAI+.

Building on existing AI capabilities, InventoryAI+ improves insights with enhanced AI and a fresh user experience designed for today’s supply chain professional that empowers planners to resolve issues in real-time and achieve higher levels of supply chain performance.

Today companies suffer from overstocks, stock outs, and poor service levels as they struggle to effectively manage inventory across an exploding number of products with outdated legacy systems. Going beyond simple safety stock calculations, and fixed lead times, InventoryAI+ analyzes inventory performance against plan and provides immediate insights into more profitable inventory positions. The cloud-based solution provides planners with real-time alerts that bring immediate visibility of exceptions and proposed resolution of issues. Better yet, with intelligent scoring, InventoryAI+ applies economic prioritization that focuses attention to the most important opportunities – ultimately reducing bloated inventories while increasing service levels and avoiding deficits.

Additional new inventory planning capabilities automatically identify the best inventory policy for each SKU at every stocking location based on the most current information on demand, demand variability, supply variability, lead-time between facilities, inventory held at alternate stocking locations and the types of inventories stocked at each facility. The Automated Inventory Policies feature leverages AI to identify items with sporadic or “lumpy” demand, such as wide size ranges, spare parts or industrial equipment, and then applies a stochastic replenishment planning approach. Results have shown service level improvements ranging from 9-27% while lowering inventory levels and logistics costs.

“With all the dynamic challenges of managing today’s supply chains, having a firm grasp of inventory is critically important. InventoryAI+ provides the real-time insights needed to serve customers at the highest possible level while carefully managing cash positions. When combined with the power of DemandAI+ clients will realize a significant transformation in supply chain performance with InventoryAI+,” said Allan Dow, president of Logility.

Consumers are demanding faster fulfillment across more channels, putting the pressure on inventory management, especially with the growing complexity of global supply chains. InventoryAI+ applies machine learning and advanced analytics to optimize inventory at multiple echelons – reaching far beyond finished goods to optimize inventory across distribution, production, and sourcing locations. While traditional inventory solutions only consider finished products, InventoryAI+ factors work-in-progress, raw materials, components, and subassemblies. This multi-echelon inventory optimization (MEIO) identifies alternate inventory strategies and offers supply chain leaders far more scenarios so they can quickly respond to disruptions and market opportunities.

Built for the cloud, InventoryAI+ is part of the Logility® Digital Supply Chain Platform. Current Logility clients can quickly leverage these AI-driven insights as they upgrade to the new solution, with minimal training required. To learn more about these innovative new capabilities, visit https://www.logility.com/solutions/inventory/.

About Logility

Logility’s Digital Supply Chain Platform delivers optimized demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our prescriptive approach drives team alignment for over 800 customers in 80 countries with prioritized outcomes that assure demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the company means Logility, Inc. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or clients; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; 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 current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

ATLANTA (September 25, 2023)  American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, announced today that it has entered into a Rule 10b5-1 trading plan to facilitate stock buybacks under an existing share repurchase program previously approved by the Board of Directors. There are 946,321 shares available for repurchase under the existing authorization.

“We remain committed to strategically deploying capital to create long-term shareholder value,” said Allan Dow, CEO of American Software. “Our robust balance sheet and consistent cash flow generation provide us with ample capacity to execute our M&A strategy, as evidenced by our recent acquisition of AI forecasting pioneer Garvis, while returning capital to our stockholders through our quarterly dividend and share repurchases.”   

The actual timing, number and value of the shares repurchased will depend on market conditions, share price, trading volume and other factors. Purchases under the plan will be administered through an independent broker and will be subject to the rules of Nasdaq and applicable securities laws and regulations, including Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The repurchase program does not require American Software to acquire a specific number of shares and may be suspended or discontinued at any time.

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers prescriptive demand, inventory, manufacturing, and supply planning tools – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. 

Serving clients such as Big Lots, Carter’s, Destination XL, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh Vegetables, Inc., and Fender Musical Instrument Co, our solutions are marketed and sold through a direct sales team as well as an independent global value-added reseller distribution network.

Logility is the only supply chain planning platform leveraging Generative AI, advanced AI-driven algorithms, and machine learning. Our engineered approach drives team alignment for over 800 customers in 80 countries with prioritized, value-focused outcomes. For more information about Logility, please visit www.logility.com. Logility is a wholly-owned subsidiary and operating entity of American Software, Inc. (NASDAQ: AMSWA). You can learn more about American Software at www.amsoftware.com or by calling (404) 364-7615 or email kliu@amsoftware.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 or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of American Software’s revenues; dependence on particular market segments or clients; competitive pressures; market acceptance of American Software’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect American Software’s future performance. For further information about risks American Software could experience as well as other information, please refer to American Software, Inc.’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

ATLANTA (September 21, 2023)  American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, today announced that Allan Dow, Chief Executive Officer and President, will present virtually at the following investor conference:

Maxim Group’s Virtual Tech Conference Series: Emerging Growth in A.I.
Date: Wednesday, September 27, 2023
Time: 10:00 am ET

This conference will be live on M-Vest. Click here to reserve your seat. 

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility delivers an innovative AI-powered platform that enables enterprises to accelerate their digital supply chain transformation from product concept to client availability via the Logility® Digital Supply Chain Platform, a single platform spanning Product, Demand, Inventory, Supply, Sourcing, Deploy, Corporate Responsibility (ESG) and Network Optimization aligned with Integrated Business Planning.

Serving clients such as Big Lots, Bunzl Australasia, Carter’s, Destination XL, Glen Raven, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, and Taylor Farms; our solutions are marketed and sold through a direct sales team as well as an indirect global value-added reseller (“VAR”) distribution network.

Fueled by supply chain master data, allowing for the automation of critical business processes through the application of artificial intelligence and machine learning algorithms to a variety of internal and external data streams, the comprehensive Logility portfolio delivered in the cloud includes advanced analytics , supply chain visibility, demand, inventory and replenishment planning, Sales and Operations Planning (S&OP), Integrated Business Planning (IBP), supply and inventory optimization, manufacturing planning and scheduling, network design and optimization (NDO), retail merchandise and assortment planning and allocation, product lifecycle management (PLM), sourcing management, vendor quality and compliance, and product traceability. For more information about Logility, please visit www.logility.com. Logility is a wholly-owned subsidiary and operating entity for American Software, Inc. (NASDAQ: AMSWA). You can learn more about American Software at www.amsoftware.com, or by calling (404) 364-7615 or emailing kliu@amsoftware.com.

Divestment aligns with American Software’s commitment to AI-first supply chain technology solutions.

ATLANTA (September 19, 2023)  American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, announced today that they signed an agreement for the sale of their information technology consulting firm, The Proven Method to Marathon TS, Inc., an IT professional services firm.  This sale closed on September 18, 2023. 

American Software divested The Proven Method to focus on their core supply chain planning business allowing Logility, the operating entity of American Software, to continue to expand its AI-first supply chain management platform. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides a unique blend of Generative AI, advanced AI-driven algorithms, machine learning, and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain.

“Supply chain planning is entering a significant transformation with advancements in technology, generational shifts of the workforce, and the significant speed of market changes and disruptions,” said Allan Dow, CEO American Software. “This divestment optimally positions us to concentrate on delivering modern, breakthrough technology to the supply chain industry.”

Download American Software, Inc. Announces Divestment of The Proven Method Business Unit

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers prescriptive demand, inventory, manufacturing, and supply planning tools – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. 

Serving clients such as Big Lots, Carter’s, Destination XL, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh Vegetables, Inc., and Fender Musical Instrument Co, our solutions are marketed and sold through a direct sales team as well as an independent global value-added reseller distribution network.

Logility is the only supply chain planning platform leveraging Generative AI, advanced AI-driven algorithms, and machine learning. Our engineered approach drives team alignment for over 800 customers in 80 countries with prioritized, value-focused outcomes. For more information about Logility, please www.logility.com. Logility is a wholly-owned subsidiary and operating entity for American Software, Inc.. You can learn more about American Software at www.amsoftware.com, or by calling (404) 364-7615 or emailing kliu@amsoftware.com. 

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the company means Logility, Inc. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or clients; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; 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 current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Logility Congratulates Rebecca Springett of Croda & Rita Fisher of Reynolds

ATLANTA – September 18, 2023 – Logility, Inc., a leader in prescriptive supply chain planning solutions, announced that Rebecca Springett, Global Process Owner, for Croda and Rita Fisher, CIO and SVP of Supply Chain for Reynolds have been named winners of Supply & Demand Chain Executive’s 2023 Women in Supply Chain Award. This award honors female supply chain leaders and executives whose accomplishments, mentorship, and examples set a foundation for women in all levels of a company’s supply chain network.  

“This year, we received over 400 submissions, the highest amount of applications not only for this award, but also for all of our awards. What’s more, 118 of those applications were submitted by male counterparts, nominating their boss, co-worker, or associate. This shows progress. This shows hope that one day, we won’t need an award like this because men and women in the supply chain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive.

Nominated for their commitment to process improvement and lifting those around them, Rita and Rebecca both exude the qualities required to receive this award.

Rebecca implemented a strategy for advancing the design of Croda’s supply chain organization and processes on a global scale. Her supply chain transparency program is empowering the supply chain organization to increase their efficiency, accuracy, and knowledge base. With promoting customer and employee experience at its heart, the program is supporting improvement through the end-to-end supply chain by focusing on developing people, standardizing, and maturing process, and investing in technologies to support an agile and resilient supply chain.

Rita developed a three-pillar “Digitizing Supply Chain” strategy after realizing that to transform how Reynolds works and operates, they needed change throughout their entire organization. This strategy is focused on three pillars: grow our people, delight our customers, and build an agile network. The supply chain was a key area of focus, helping people build skills and capabilities while bringing in new digital solutions to help Reynolds be more agile and transparent.

“We congratulate our clients who have been recognized as leaders in the supply chain industry and who have contributed to significant advancement within their organizations,” said Allan Dow, president, Logility. “This award celebrates the important contributions that Rebecca and Rita are making to the supply chain industry, and we are proud to work closely with companies such as Croda and Reynolds that promote and support women in strategic leadership roles.”

“Women have been making a significant impact in supply chain management, contributing to the growth and innovation of the supply chain industry. As more women join the supply chain workforce, they bring diverse perspectives that can help address complex supply chain problems and improve global supply chain operations. It is important that we empower, recognize, and elevate these achievements through initiatives like the Women in Supply Chain Award, as seen through the overwhelming response,” says Sarah Barnes-Humphrey, founder of Let’s Talk Supply Chain podcast and Blended Pledge project, both exclusive sponsors of the Women in Supply Chain award.

Go to https://foodl.me/fdx1zi to view the full list of winners. Recipients will be honored at this year’s Women in Supply Chain Forum, set to take place Nov. 14-15, 2023 in Atlanta.

About Food Logistics and Supply & Demand Chain Executive

Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com and www.SDCExec.com to learn more.

About Croda – www.croda.com

Established in 1925, Croda is the name behind sustainable, high performance ingredients and technologies in some of the world’s most successful brands: creating, making and selling speciality chemicals that are relied on by industries and consumers everywhere.

Croda is a FTSE 100 company with over 6,100 passionate and innovative employees, working across manufacturing sites and offices around the world with a shared Purpose to use Smart science to improve lives™. As part of this Purpose, and with around two thirds of its organic raw materials already from bio-based sources, Croda has committed to be the most sustainable supplier of innovative ingredients, becoming Climate, Land and People Positive by 2030. 

About Reynolds Consumer Products Inc.

Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, RCP produces and sells products that people use in their homes across three broad categories: cooking, waste and storage, and disposable tableware. RCP’s iconic products include Reynolds Wrap® aluminum foil, Hefty® trash bags, and adjacent product lines that make family life easier. RCP also produces dedicated store brands which are strategically important to retail customers. Overall, RCP holds the No. 1 or No. 2 U.S. market share position in the majority of product categories it serves. For more information, visit investors/ReynoldsConsumerProducts.com.

About Logility

Logility’s Digital Supply Chain Platform delivers prescriptive demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our engineered approach drives team alignment for over 800 clients in 80 countries with prioritized outcomes that assure demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

ATLANTA (September 13, 2023)  American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, today announced that Allan Dow, Chief Executive Officer and President, and Vincent Klinges, Chief Financial Officer, will present virtually at the following investor conference:

Sidoti September Small Cap Conference
Date: Wednesday, September 20, 2023
Time: 1:00 pm ET

A live webcast of the presentation will be accessible here and will be archived on American Software’s website for a limited time. 

Download American Software to Present at the Sidoti September Small Cap Conference

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers prescriptive demand, inventory, manufacturing, and supply planning tools – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. 

Serving clients such as Big Lots, Carter’s, Destination XL, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh Vegetables, Inc., and Fender Musical Instrument Co, our solutions are marketed and sold through a direct sales team as well as an independent global value-added reseller distribution network.

Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our engineered approach drives team alignment for over 800 customers in 80 countries with prioritized, value-focused outcomes. For more information about Logility, please visit www.logility.com. Logility is a wholly-owned subsidiary and operating entity for American Software, Inc.. You can learn more about American Software at www.amsoftware.com, or by calling (404) 364-7615 or emailing kliu@amsoftware.com. 

Combination of Generative AI and Machine Learning Insights Delivers New Supply Chain Planning Paradigm

ATLANTA – September 7, 2023 – Logility, Inc., a leader in prescriptive supply chain planning solutions, today announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup that combines large language models (ChatGPT) with AI-native demand forecasting. The combined organization will enable a new supply chain planning paradigm with DemandAI+ that moves beyond conventional methods to plan demand and inventory at the speed of the market.

Instead of relying on traditional models, Garvis designed from the ground up an AI-first forecasting solution now called DemandAI+. Fusing Generative AI with machine learning algorithms, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm that quickly digitizes supply chain relationships and exposes that data to any stakeholder across the organization. By simply asking questions planners, executives, and non-planners alike get answers to unanticipated queries in real-time, providing transparency for more informed decisions that saves precious planning time.

DemandAI+, built for the cloud, will be embedded into the Logility® Digital Supply Chain Platform as the solution for demand forecasting. The acquisition, which is expected to be accretive within 12 months, advances Logility as the only supply chain planning platform leveraging Generative AI, advanced AI-driven algorithms, and machine learning. This innovative approach addresses base demand, promotional lift, causal forecasts, external data, and user insights within a single solution improving forecast accuracy and aligning organizations in today’s dynamic market.

“We are at the precipice of a significant transformation in supply chain planning with advancements in technology, generational shifts of planners, and the significant speed of market changes and disruptions,” said Allan Dow, president of Logility. “With an AI-driven approach at their core, Garvis revolutionized the way companies forecast demand in very dynamic market. We’re bringing them into Logility’s portfolio to accelerate our shared vision to break the boundaries of traditional myopic supply chain planning solutions.”

Proven over 70 implementations, clients have been translating buying behavior, market dynamics, and other events into forecasts across products, locations, and customers. DemandAI+ allows companies to understand how to react to changes as they happen – ultimately improving forecast accuracy and service levels, even for heavily promoted, highly seasonal, or intermittent products.

“Our clients have realized epic results by using AI-driven algorithms and natural language interfaces to gain insights into the peaks and troughs of demand and quickly communicate that knowledge to the rest of the organization,” said Piet Buyck, CEO, Garvis. “Results have included a 70% savings of weekly planning time, 15-30% reduction in forecast error and improved inventory management – all with ridiculously fast implementation times,” continued Buyck.

Logility clients have the immediate opportunity to leverage the ability of AI-driven insights for supply chain planning. To learn more about this opportunity to achieve a rapid return on investment, visit https://www.logility.com/logility-acquires-ai-forecasting-pioneer-garvis.

About Logility

Logility’s Digital Supply Chain Platform delivers prescriptive demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s (SaaS) cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our engineered approach drives team alignment for over 800 customers in 80 countries with prioritized outcomes that assure demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

About Garvis

Founded in 2020 in Antwerp, Belgium, Garvis is a revolutionary SaaS company on a mission to change demand planning by leveraging artificial intelligence to make forecasting easy, accessible, and explainable while keeping it in the planners’ control. Using Generative AI, external data, and AI-driven algorithms, Garvis challenges the industry to re-think the process, re-start the design, and re-build the solution all while delivering a rapid ROI. By translating customer behavior, market dynamics and other events into digital components and relationships Garvis helps clients in consumers goods, food and beverage, chemicals, pharmaceuticals, and other industries better understand and react to changes as they happen. If you’re interested in a new approach to demand planning, visit www.garvis.ai.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the company means Logility, Inc. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or clients; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; 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 current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.