Logility nominated for its work with client iNova Pharmaceuticals
ATLANTA, August 16, 2022--(BUSINESS WIRE)--Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its recognition as one of SupplyChainBrain’s 2022 100 Great Supply Chain Partners. The company was recognized for its work with iNova Pharmaceuticals, a distributor of prescription medicines and healthcare products, to transform its data management, demand and supply planning, replenishment planning and analytics framework.
"Our business is complex. In addition to widely dispersed geographies, our planning processes have to reflect and synthesize different market dynamics," said Rowan Seccombe, Sales and Operations Planning Manager, iNova. "We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. The platform approach was also a tremendous asset."
To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management. Logility’s deep industry expertise and the comprehensive Logility® Digital Supply Chain Platform enabled consistency in planning and reporting across all regions. This collaboration has reduced "misfires" and enhanced communication and decision-making across the entire enterprise.
"Our implementation consultants constantly challenged us to justify and reconsider current processes and the implementation went quickly," said Seccombe. "The flexible and configurable design of the Logility platform has greatly reduced our reliance on legacy systems and has established a trustworthy source of truth."
"Manual entry and spreadsheet-based planning are a hindrance to expansion in today’s competitive marketplace. Fast-growing companies like iNova understand that to compete, you need future-proof and flexible technology underpinning your operations," said Allan Dow, president, Logility. "Working together, we were able to improve iNova’s forecast accuracy by 50%, automate nearly half of its PO creation and significantly improve safety stock modelling. It’s been a rewarding process to see what the right solutions have enabled their team to accomplish."
"For twenty years running, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services," said Brad Berger, publisher, SupplyChainBrain. "This year’s field of nominees was highly competitive and excellent overall, coming from all sectors of supply chain management. Logility should be proud to be named amongst the 100 Great!"
Logility will appear in the 2022 August issue of SupplyChainBrain magazine and on SupplyChainBrain.com as an honored member of this year’s 100 Great Supply Chain Partners. To view the comprehensive list of winners, please click here.
SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year-round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions - and continues to write and report about these as they evolve and mature.
Accelerating the digital sustainable supply chain, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility® Digital Supply Chain Platform leverages 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, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). To learn how Logility can help you make smarter decisions faster, visit www.logility.com.
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the Company means Logility, Inc. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; 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 SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email firstname.lastname@example.org.
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Executive Vice President Marketing at Logility