Transformative new capabilities extend AI-first planning solution
ATLANTA – February 06, 2024 – A leader in prescriptive supply chain planning solutions, Logility, Inc., today announced the delivery of generative AI capabilities, extending its AI-first approach for supply chain management. Leveraging their AI-native platform, Logility’s GenAI aids in mastering the complexity of supply chain data, helping enterprises to make faster decisions that deliver competitive advantage.
Today’s supply chain professionals are drowning in data, and precious hours are wasted in data collation and searching for answers from dashboards and reports that are quickly outdated. Logility’s GenAI is designed to improve productivity by providing actionable insights via a conversational interface that anyone from any department – sales, marketing, operations, or finance – can use to speak supply chain in users’ everyday language.
Know Faster. Grow Faster.
Logility’s GenAI is designed to accelerate supply chain decision making, helping to dramatically increase access to information and the productivity of all team members involved in demand and inventory management. The new offering acts as a liaison that bridges departmental silos and helps organizations remove decision latency by moving from sequential processes to more fluid processes.
“We’re entering a new era in supply chain management, where speed and precision are not just desired, they’re required,” said Allan Dow, president of Logility. “Our GenAI is the embodiment of our commitment to innovation—delivering real-time insights, rapid decision-making, and increased market share. Our transformative supply chain platform empowers companies to meet the demands of today’s dynamic market with confidence and strategic agility.”
Supply Chain Insights for Everyone
Clients are leveraging our AI-first data structure for effortless explainability as a foundation that provides actionable insights from generative AI inquiries. Given the importance of forecasting, companies are starting with demand planning. With Logility’s GenAI, planners can query forecasts, sales history, and demand drivers for any product, location, or customer, for any time period, at any level of detail supported. They can see and analyze forecast changes leveraging large language models (LLMs) while staying within the guardrails of data security provided via Microsoft Azure.
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 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 650 clients in 80 countries with prioritized outcomes designed to create demonstrable value. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com
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 firstname.lastname@example.org.
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