Nebraska Furniture Mart operates a highly complex retail supply chain offering customers more than 650,000 available SKUs (stock keeping units) across multiple channels including in–store, online and over the phone. As the company's product portfolio grew through the rise of online sales and expansion into new territories, and lead times increased for products sourced from around the world, it became critical for Nebraska Furniture Mart to improve its forecast accuracy and drive better end–to–end visibility. Adding to this complexity, nearly 25 percent of its portfolio is new each year. Nebraska Furniture Mart deployed an integrated supply chain planning and execution solution from Logility to support its supply chain transformation initiative and drive increased visibility.
"Our customers look to Nebraska Furniture Mart to provide a wide selection of products and excellent customer service at a fair price," said Scott Hansen, General Manager–Supply Chain/Logistics, Nebraska Furniture Mart. "The integrated supply chain planning and execution solution from Logility has helped bring all departments together onto a single platform to communicate in a common language. The bottom line, we have achieved more effective inventory investments and better customer service."
Visibility and collaboration are two elements the converged platform has helped boost for Nebraska Furniture Mart. Through the use of Logility's portal, the supply chain team has extensive visibility into the status of its inventory, partners, vendors and worldwide freight operations. Logility's built–in Advanced Analytics enable Nebraska Furniture Mart's supply chain team to identify and resolve potential issues before they become problems, keeping the focus on strategic opportunities that drive the business forward.
"The retail landscape is quickly changing and Nebraska Furniture Mart's success highlights how the right people, process and advanced supply chain solutions can keep retail in sync with the increasing demands of today's consumers," said Allan Dow, president, Logility. "Logility Voyager Solutions enables retailers to profitably take advantage of these changes and deliver a consistent omni–channel experience while lowering costs and improving service levels. We look forward to our continued collaboration with Nebraska Furniture Mart as they help define retail success."
About Nebraska Furniture Mart
Nebraska Furniture Mart was established in 1937 by founder Rose Blumkin in the basement of her husband's Omaha, Nebraska store. Today, Nebraska Furniture Mart, a Berkshire Hathaway company, is the largest single home furnishings location in the country–selling furniture, flooring, appliances and electronics. The company currently has stores that reside in Omaha, Nebraska, Des Moines, Iowa, Kansas City, Kansas and Dallas–Fort Worth, Texas. Nebraska Furniture Mart continues to maintain its tradition of selling cheap, telling the truth and providing the greatest selection and service, improve people's lifestyles.
With more than 1,250 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, 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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