Logility Sponsored Research Reveals Demand Segmentation Drives Significant Forecast Accuracy and Customer Service Improvements
ATLANTA — June 18, 2018 — Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced the availability of the report, Demand Segmentation Users are Better Equipped to Manage their Channel Challenges. The report, authored by Bryan Ball, vice president and group director, Aberdeen, and sponsored by Logility, examines the adoption of demand segmentation and its benefits in tackling demand volatility and channel shifts.
The ability to research, compare and purchase products across multiple channels at any time creates additional complexity that can challenge a supply chain organizations' ability to generate an accurate forecast. Aberdeen conducted research to identify the strategies Best–in–Class companies employ to turn these challenges into opportunities for differentiation and growth. The research found demand segmentation is a key capability that sets leading supply chains apart. Highlights include:
- Demand segmentation users show a 20 percentage point customer service level advantage versus non–users
- Best–in–Class companies realize a 67 percent higher forecast accuracy rate at the family and SKU level
- Demand segmentation users are 57 percent more likely to optimize inventory and service policies to maximize cash flow and profitability
"Creating a demand–driven supply chain starts with understanding who your customer is and developing the strategy to profitably serve them at the time, place and price they are ready to buy," said Karin Bursa, executive vice president, Logility. "This research from Aberdeen highlights the importance of demand segmentation to identify and profitably satisfy specific market, channel and customer needs. The advanced analytics and optimization capabilities in Logility Voyager Solutions™ help companies develop robust segmentation strategies to prioritize supply chain operations to cost–effectively satisfy service level goals increase margin contribution."
To download your complimentary copy of the report, visit: logilityinc.wpengine.com/demand–segmentation.
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 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, 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://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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