Logility Sponsored Aberdeen Report Explores Demand Management Best Practices
Best-in-Class Enterprises 1.5 Times as Likely to Implement Advanced Demand Management Technology
ATLANTA (July 26, 2011) – Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced it has sponsored important research and made available Aberdeen’s report, “Demand Management: Bridging External Market Inputs with Internal Statistical Forecasting.” The report, authored by Nari Viswanathan, Aberdeen’s vice president, principal analyst, highlights the findings from a survey of 157 manufacturing and distribution centric enterprises.
Fast Facts
- Best-in-Class companies had an average cash conversion cycle of 27.9 days compared with Industry Average companies’ 58.9 days
- Best-in-Class companies had 94.6% of orders delivered to customers complete and on-time
- Best-in-Class companies had 87.1% forecast accuracy at product family level (across 3-month time period)
- Best-in-Class companies had 70.8% forecast accuracy at individual SKU item level (across 3-month time period)
Notable Quote
“As supply chain costs continue to rise and the supply chain grows more and more complex, companies are aggressively seeking best practices for improving their demand network visibility,” said Nari Viswanathan, vice president, principal analyst, Aberdeen. “Further, customers, many of whom are also dealing with still slumping economic conditions, are becoming more stringent in their demands.”
“This report clearly highlights the challenges executives face when it comes to accurately predicting and fulfilling customer demand,” said Mike Edenfield, president and CEO, Logility. “As companies focus on tightening their demand management process, they are turning away from homegrown solutions and spreadsheets and towards best-of-breed supply chain solutions such as Logility Voyager Solutions.”
Additional Resources
Download the full Aberdeen Report: http://www.logility.com/aberdeen-demand-mgmt-rpt
About Logility: http://www.logility.com/company/scm-solutions
About Logility
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management 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; transportation planning and management; and warehouse management. Logility customers include McCain Foods, Pernod Ricard, Sigma-Aldrich, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). For more information about Logility, call 1-800-762-5207 USA or visit www.logility.com.
Forward-Looking Statements
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. Form 10-K for the year ended April 30, 2011 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.
Source: Logility
