Founded in 2000, Rituals Cosmetics has more than 730 stores worldwide and continues to grow rapidly geographically as well as across their lines of business (Retail, Wholesale, Travel and E-commerce). Previously, Rituals Cosmetics conducted their monthly forecasting with a combination of disconnected tools and spreadsheets. This potentially error-prone process limited the cross-functional collaboration and decision making needed to stay ahead of the rapidly changing consumer preferences and move the business forward. Rituals Cosmetics has selected Logility Voyager Solutions in a software-as-a-service (SaaS) environment to help increase their forecast accuracy, minimize the potential for lost sales, supply positioning across the supply chain and support their speed and frequency of new product innovations.
“Rituals Cosmetics’ ability to deliver the highest quality products and exceptional service our clientele expects requires accurate visibility across our supply chain from sourcing and manufacturing through to customer delivery,” said Mark Hoppenbrouwers, director supply chain at Rituals Cosmetics. “With our expansive product line including body care, natural skin care, scented candles, fragrance sticks, assorted teas, mineral make-up and soulwear, the brand transforms everyday routines into more meaningful moments. It is important to us that our customers have many opportunities to interact with us, for example via our own shops and website as well as traditional luxury department stores, perfumeries, pure players, airports, spas, hotels and more. Logility will help us omni-channel proof our retail planning and supply chain processes for each sales channel and product category.”
“Rituals Cosmetics is known for helping set trends and deliver innovative new luxury bath, body and home products to its customers,” said Allan Dow, president, Logility. “In order to keep pace with their growth, Rituals Cosmetics identified the need for a comprehensive supply chain solution to ensure the right products are available in the right place at the right time across their omni-channel networks. Logility Voyager Solutions has a proven track record of helping retailers increase visibility across their supply chain from product concept all the way to customer consumption. By implementing a robust planning process Rituals Cosmetics can accelerate its S&OP process and increase forecast accuracy, visibility and customer service.”
Accelerating the digital supply chain from product concept to customer delivery, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. Logility Voyager Solutions™ 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. Logility’s 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), named one of the 100 Most Trustworthy Companies in America by Forbes. To learn how Logility can help you make smarter decisions faster, visit logilityinc.staging.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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