ATLANTA – 21 February 2017 –
Logility, Inc., a leading provider of collaborative supply chain optimisation and advanced retail planning solutions, today announced Infineum International Limited, a world leader in the formulation, manufacture and marketing of additives for the fuel and lubricant industry, has selected Logility Voyager Solutions™, an innovative cloud-based business planning platform, to optimise the inventory and shipment aspects of its supply chain to increase operational efficiencies and improve customer service.
“Our aim is to improve our inventory targeting system and reduce working capital while enhancing our service levels,” said Ursula Thakkar, Head, Global Supply Chain and Planning, Infineum. “The multi-echelon inventory optimisation capabilities in Logility Voyager Solutions will allow us to quickly identify the reasons for our inventory challenges and reduce the manual intervention required by inventory planners. Logility will help us optimise our supply chain and ensure our team is able to focus on strategic growth initiatives for the company.”
In addition, Infineum required that the new supply chain optimisation
solution integrate quickly and simply with its existing planning system. To ensure customer and operational output remains synchronised, Infineum is leveraging Logility Voyager AdapLink, a template-based integration platform that will help Infineum get the system up and running with minimal effort from its internal development resources.
“Infineum operates in a complex, capital-intensive supply chain,” said Allan Dow, president, Logility. “Logility Voyager Solutions will help remove working capital from the supply chain by intelligently placing inventory across the network and allowing Infineum the flexibility to manage through demand uncertainty and supply volatility. We look forward to a close partnership as we help Infineum optimise its supply chain.”
The Infineum Group of Companies is a world-class petroleum additives enterprise. With global headquarters in Milton Hill, UK, Infineum is a developer, manufacturer and marketer of lubricant additives used primarily in automotive, heavy-duty diesel and marine engines, and additives for diesel fuels. Its customers are oil companies, other lubricant and fuel marketers and OEMs. The Infineum product line also includes specialty additives for small engines, automotive transmissions, and gas engines, and industrial oils. Infineum has Business & Technology centers in the USA, UK, Singapore and China and has sales representation in over 70 countries.
For more information, visit the Infineum web site www.infineum.com
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative supply chain optimization and advanced retail planning solutions that help small, medium, large, and Fortune 500 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management and retail optimization solution that features a performance monitoring architecture and provides 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; retail merchandise planning and allocation; and transportation planning and management. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy Companies in America by Forbes. For more information about Logility, call 800-762-5207 USA or visit http://www.logility.com
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. current Form 10-K 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.
Infineum Press Office
+44 (0)117 906 4500