ATLANTA--(BUSINESS WIRE)--At the National Retail Federation’s Retail’s Big Show 2016 conference and expo Logility, Inc., a leading provider of advanced retail planning and collaborative supply chain optimization solutions, will highlight the importance of sales and operations planning (S&OP) in driving operational excellence. Research by leading industry analysts and Logility’s field experience confirm that many best-in-class retailers have begun to distinguish themselves by implementing advanced S&OP processes and solutions that breakdown barriers and foster increased collaboration across their multi-channel businesses.
According to the Gartner report, Implementing MIOE Basics—The Key to Aligning Retail Planning and Execution, February 2015, S&OP “remains one of the most important and least mature of retail's cross-functional processes.” Companies with a less mature S&OP process are “unable to make balanced trade-offs between competing goals and across end-to-end supply chains, which seriously impacts their ability to deliver predictable business outcomes.” By contrast, the Aberdeen Group report, S&OP Beyond the Demand and Supply Match, May 2015, notes that 91 percent of best-in-class companies with a robust S&OP process are able to create a single demand forecast with inputs from multiple roles in the company, 73 percent are able to segment their demand forecasts based on key product and customer characteristics, and 64 percent can incorporate promotions and other demand shaping activities into forecasts which provide a foundation for operational alignment.
S&OP, a relatively new process for the retail industry, is starting to see early-stage adoption similar to what other industries have experienced a decade ago. Logility’s proven solution and best practice expertise have helped companies across many retail merchandise categories including apparel and footwear, consumer goods, high-tech manufacturing, food and beverage, and more, achieve S&OP excellence as a source of significant business improvement. Logility Voyager Solutions™ delivers a single platform that supports integrated business planning (IBP), sales and operations planning (S&OP) as well as sales and operations execution (SOE). The versatile platform also provides end-to-end visibility through intuitive analytics, rapid multiple scenario analysis and quick re-planning capabilities.
Logility’s S&OP capabilities can make a significant difference for retailers looking to breakdown silos, improve their operational alignment, and work collaboratively to gain better leverage of inventory investments and boost customer service goals. Voyager Solutions can be deployed in a SaaS, hosted or on-premise model to complement your current and future IT requirements.
“A productive S&OP process has been called today's single most important management tool for mitigating risk and achieving profitability goals,” said Allan Dow, president, Logility. “Research overwhelmingly demonstrates that companies with a robust sales and operations planning process are able to drive better decisions that transform their operations into more profitable businesses. Logility Voyager Solutions delivers a holistic view of business planning across the retail organization to shorten lead times, reduce inventory risk, increase customer service, and improve margins.”
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); supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning and allocation; and transportation planning and management. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, 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 http://www.logility.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.