Multi-Echelon Inventory Optimization Takes Center Stage with Logility at INFORMS Conference
Experts Outline Best Practices and Share the Benefits of an MEIO Approach
ATLANTA — April 3, 2013 — Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, is taking multi–echelon inventory optimization (MEIO) to center stage at the INFORMS Conference on Business Analytics & Operations Research in San Antonio, TX April 7 — 9, 2013. Three MEIO authorities will present and provide insights into how inventory optimization can transform an organization’s ability to balance cost and service levels to reduce working capital tied up in inventory.
Sean Willems, PhD, associate professor, Operations Management, Boston University School of Management and chief scientist at Logility will outline how to successfully implement both tactical and strategic MEIO projects through a proven implementation methodology based on more than a decade of deployments around the world. Sean’s session, “A Guide for Multi–Echelon Inventory Optimization Projects: Lowering Inventory while Improving Service Levels,” is Monday, April 8 at 1:50 pm.
Chris Russell, vice president at Logility, will discuss how MEIO works in an extended supply chain and the advantages of utilizing inventory optimization in manufacturing, procurement, distribution, and lean manufacturing environments. Chris’ session, “The Journey to the Top of the Multi–Echelon Inventory Optimization (MEIO) Maturity Curve,” is scheduled for Monday, April 8 at 10:30 am.
Jeff Pittman, senior business consultant at Logility, is set to lead a workshop to help attendees understand inventory optimization planning and strategy as it applies to the end–to–end supply chain. Jeff will discuss how MEIO helps businesses gain insight into the uncertainties inherent within demand and supply networks and how the solution can help position inventory in its proper forms and levels within the supply chain to maintain optimal service levels. Additionally, he will explore how inventory optimization helps minimize the impact of uncertainty in supply and demand, allowing better use of assets. This workshop, “Inventory Optimization and Supply Chain” will occur Sunday, April 7 at 1:00 pm.
Additional information on the INFORMS Conference can be found at Inventory Optimization: Impact of a Multi–Echelon Approach, Aberdeen Report
Is Your Inventory A Competitive Advantage?, Webcast On Demand
Recognized industry–wide for its rapid implementation, quick ROI, ease–of–use, and ability to solve complex problems, Logility Voyager Solutions is a comprehensive supply chain management solution which features performance monitoring and analytics capabilities to increase supply chain visibility and boost performance in key areas including demand, inventory and replenishment planning, sales and operations planning (S&OP), manufacturing planning and scheduling, supply and inventory optimization, transportation planning and management, and warehouse management.
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative, best–of–breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom–line results in record time. Logility Voyager Solutions is a complete supply chain management solution that features a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Fender Musical Instruments, Hewlett–Packard, Parker Hannifin, Sigma–Aldrich, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). 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.
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.