Logility Named a Leader in the Gartner 2017 Magic Quadrant for Retail Assortment Management Applications
ATLANTA — October 12, 2017 — Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced the company was named a leader in Gartner's 2017 Magic Quadrant for Retail Assortment Management Applications.
According to the report, "The volume of inquiries from Gartner clients indicates that the market for retail assortment management applications (RAMAs) continues to be strong, with demand from Tier 1 and 2 retailers in all segments of North America, Western Europe and Asia/Pacific. This is in response to the need to improve inventory productivity by ensuring that the assorted products are stocked in the most appropriate locations to serve customers, whether their product will be selected in store, picked up in store or shipped from the store."
Logility Voyager Solutions'™ advanced retail planning and optimization platform helps retailers deliver a unified retail commerce experience by breaking down silos to automate merchandise, assortment, allocation, and replenishment. By removing the barriers associated with legacy processes and solutions including the use of error–prone spreadsheets, over–allocation and relying on last year's numbers as a planning starting point, retailers are able to strategically plan, act, react and adapt based on actual customer demand and current market trends.
"Today's shoppers expect a consistent, unified experience across all retail channels as they research, compare and purchase on their mobile devices, online and in store," said Allan Dow, president, Logility. "Through Logility Voyager Solutions' advanced analytics, retailers have the visibility to confidently plan and execute over multiple horizons (seasons, months, weeks, days) to optimally serve customer demand and accelerate inventory turns. We are committed to delivering the solutions retailers need to stay ahead of the ever–changing consumer and ensure the right product is available in the right location at the right time."
Source: Gartner, Inc. Magic Quadrant for Retail Assortment Management Applications, Robert Hetu 28 September 2017.
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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 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 https://logilityinc.wpengine.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.
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