Prestigious Recognition Highlights Glen Ravens Success with Logility Voyager Solutions
ATLANTA — August 1, 2018 — Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced the editors of Supply & Demand Chain Executive named Logility a recipient of its 2018 Supply & Demand Chain Executive Top 100. The award highlights the industry's most successful and transformative projects of the past year and marks the 16th consecutive year Logility has been honored. This year Logility was recognized for the success Glen Raven, a global provider of fabric–based solutions for the awning, marine, furniture, protective, military and geo–synthetics industries, achieved through its implementation of Logility Voyager Solutions™.
As Glen Raven grew, both organically and through acquisitions, its manual systems became cumbersome and spreadsheets were perceived as a potential risk to the business. To overcome these challenges, Glen Raven selected Logility Voyager Solutions as its integrated planning platform to produce feasible capacity and material plans, improve supply chain visibility and help profitably grow the business through better management of working capital.
Glen Raven realized significant benefits across the company. Forecast accuracy measured by MAPE improved 45 percent and the organization is now able to facilitate its Sales & Operations Planning (S&OP) process from a single integrated business plan. At the same time, the business continued to grow as sales volume increased with no increase in overall inventory.
"We are honored to be recognized by the editors of Supply & Demand Chain Executive for the sixteenth consecutive year for helping companies transform their supply chains," said Allan Dow, president, Logility. "Logility is proud to serve innovative organizations such as Glen Raven to help them simplify planning complexity, increase visibility, boost customer service and drive more profitable growth."
The Supply & Demand Chan 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.
With more than 1,300 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 advanced analytics 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; and retail merchandise planning 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), 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://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.