ATLANTA--(BUSINESS WIRE)--Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced Sandvik, a high-technology, engineering group with advanced products and world-leading positions within selected areas, has realized significant benefits with Logility Voyager Solutions™ including a 300% jump in forecast accuracy.
In 2010, Sandvik Mining and Construction, a business area within Sandvik with operations in more than 130 countries, embarked on a Supply Chain Transformation Project to optimize its distribution network and support the company’s objectives to deliver unsurpassed customer service, improve lead times, and simultaneously develop a segmentation strategy based on multiple criteria including product and customer. As part of this initiative, Logility Voyager Solutions was selected to manage its large network of manufacturing facilities and world-wide distribution of parts to ensure inventory is positioned correctly and capacity is balanced across the network.
The Supply Chain Transformation project focused on seven key elements: sales and operations planning (S&OP), demand planning, service orientated order management, differentiated replenishment and assortment strategies, capacity and supply reliability, customer focused network, enablers including planning end-to-end, and new organization and key performance indicator (KPI) tracking. To support each of these elements, Sandvik Mining and Construction turned to Logility.
“Our goal with the Supply Chain Transformation Project is to provide a consolidated supply chain structure where all processes, systems and information are integrated into one global stream to drive improved service and cost effectiveness throughout the supply chain,” said Lars Blomberg, head of planning and control, Sandvik. “Logility Voyager Solutions is our supporting technology platform for this initiative and since implementation has helped us achieve remarkable results including improved service levels, greater visibility and faster inventory turns.”
Sandvik Mining and Construction’s previous tools and processes limited the company’s ability to turn their supply chain into a competitive advantage. Logility Voyager Solutions is able to plan, procure, manufacture, and distribute with more accuracy, flexibility and positive impact on the bottom line.
“Sandvik Mining and Construction’s supply chain transformation has created a more efficient, global enterprise focused on delivering exceptional service to more than 130 countries,” said Mike Edenfield, president and CEO, Logility. “We are proud to support their supply chain initiative and deliver a platform to deliver increased visibility, improve service levels and enable their continued global growth.”
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.