Logility Named a Supply & Demand Chain Executive 100 Recipient for the Seventeenth Year
Prestigious Recognition Highlights How Advanced Supply Chain Analytics Help Bodybuilding.com Quickly Sense and Respond to Demand Variation
ATLANTA – July 7, 2020 – Logility, Inc., automating the digital transformation of supply chain optimization and advanced retail planning, today announced the editors of Supply & Demand Chain Executive named Logility a recipient of its 2020 Supply & Demand Chain Executive Top 100. The award highlights the industry’s most successful and transformative projects of the past year and marks the 17th consecutive year Logility is honored. Logility is recognized for helping Bodybuilding.com, an e-commerce health and fitness retailer with more than 32 million monthly visitors and 14,000 SKUs, quickly sense and respond to changes in customer behavior to improve service levels, decrease backorders and cut inventory.
Bodybuilding.com’s supply chain team found themselves in a challenging situation when a popular YouTube personality mentioned its products. This caused a rapid spike in demand and identified a need for a more responsive supply chain. With a highly promotional selling environment and unexpected endorsements that can spur a rush of demand, the company’s planners needed a better way to identify items that are under- or over-forecasted so they can take action to prevent out-of-stocks or avoid buying excess inventory. The Bodybuilding.com team turned to Logility to help enhance its supply chain operations and deliver greater service to its customers.
To quickly identify under- and over-performing SKUs, the Bodybuilding.com team relies on Logility’s advanced analytics to drive rapid business response leading to significant results including a 40 percent inventory reduction, improved forecast accuracy and increased customer service levels. The Logility platform helps Bodybuilding.com optimize the entire value chain to position the right products at the right price to the right place at the right time.
“Logility is honored to be recognized by the editors of Supply & Demand Chain Executive for helping innovative companies like Bodybuilding.com mature their supply chains,” said Allan Dow, president, Logility. “To succeed in today’s rapidly changing market, supply chains must quickly sense and respond to unexpected shifts in demand. Bodybuilding.com highlights the impact of supply chain on an organization’s ability to drive growth, reduce costs and improve service levels.”
The Supply & Demand Chain Executive Top 100 award is given to supply chain providers, consultants and other organizations that help lead complex supply chain operations with innovative technology. The editorial staff bases the award on the recipient’s ability to show measurable ROI through ambitiousness/scope, the creative application of technology/solutions, the extent of the business results and the clarity of the submission.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the web: www.sdcexec.com.
Accelerating the digital supply chain from product concept to customer availability, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s SaaS-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility customers include Big Lots, Fender Musical Instruments, Husqvarna Group, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). To learn how Logility can help you make smarter decisions faster, visit 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: Kevin Liu, American Software, Inc., (626) 657-0013 or email firstname.lastname@example.org.
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