Todayโs supply chainsย must shift their thinking from โWhat can I make, move and deliverโ to โWhat does my customer want, when and where.โย To support this transition,ย companies have embarked on a digital transformation journey fueled by people, process, technology and data. Logility has been at the forefront of the digital transformation delivering innovations around artificial intelligence (AI) and machine learning toย accelerate, automate and augment supply chain operations. For example, Logility recently launched Logility Voyager Pulse Wiseโข, an autonomous engine that continuously senses, analyzes and updates demand planning parameters in real-time to help ensure the supply chain operates at peak performance.ย Thisย innovativeย application of artificial intelligence has shown to improve forecast accuracy more than 20 percent.ย
โThe evolution of the digital supply chain is an exciting opportunity for leading companies to transform their operations to becomeย more agile, proactive and responsive to dynamic market conditions,โ saidย Karin Bursa, executive vice president, Logility. โOur position as a Leader inย theย IDCย MarketScapeย recognizesย our continued commitment to delivering the innovative solutionsย leadingย companies need toย accelerate decision-making, delight customers and help driveย moreย profitable growth.โย
About IDC MarketScape:ย IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendorโs position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.ย
About Logilityย
Accelerating the digital supply chain from product concept to customerย availability, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. Logility Voyager Solutionsโข leverage 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. Logilityโs 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, visitย www.logility.com.ย
Forward-Looking Statementsย
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 Logilityโs 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 Companyโs 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.โs current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission.ย For more information, contact:ย Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.ย
Logilityยฎ is a registered trademark and Logility Voyager Solutionsโข is a trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.ย
Media Contact:ย
Justin Siefert
Logility
jsiefert@logility.com
404.264.5485
www.logility.com/blog
