Logility Congratulates its Customers CooperVision and Stanley Black & Decker on their Selection to Supply & Demand Chain Executive’s 2012 Pros to Know
Leaders Recognized for Vision and Ability to Drive Tangible Change throughout the Supply Chain
ATLANTA (March 06, 2012) – Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, congratulates Lee Dame, vice president, global supply chain, CooperVision, and Michael Martin, manager, global supply chain strategy, Stanley Black & Decker, on their selection to Supply & Demand Chain Executive’s 2012 Pros to Know. Dame and Martin, two of the 35 individuals honored in the 12th annual listing, are recognized for leading initiatives that help prepare their businesses’ for the supply chain opportunities and challenges ahead.
“Our annual list of Practitioner Pros to Know highlights the many thought-leaders who are helping to shape the supply chain industry and advance supply chain as a respected discipline in the enterprise,” said Barry Hochfelder, editor of Supply & Demand Chain Executive. “Their efforts in developing the tools, processes and knowledge base necessary for supply chain transformation, and in promoting new approaches to supply chain enablement, have earned them a place on this year’s Pros to Know listing.”
Lee Dame and the CooperVision team have been a vital component of the company’s ability to manage its rapid growth and the complexity of more than 1 million contact lens SKUs across its regional and global product lines. The company’s supply chain initiative provided the flexibility to anticipate and respond to changing global and local market conditions through improved visibility and access to accurate information. Following its implementation of Logility Voyager Solutions as part of the supply chain initiative, CooperVision has seen improved forecast accuracy, inventory turns increase 20 percent and service levels rise 10 points in key product families.
Michael Martin and the supply chain team at Stanley Black & Decker face the challenge of reducing inventory costs around the world in the company’s Construction and DIY business group while maintaining exceptional service levels. Stanley Black & Decker’s focus and use of Logility Voyager Inventory Optimization has enabled them to model local, regional and global scenarios, and analyze the options and outcomes in mere hours. This allows Stanley Black & Decker to quickly and easily identify where to focus resources to meet its goals of improved fill rates, reduced working capital and improved customer service. The company was able to reduce the targeted finished goods days of stock from one of its largest manufacturing plants by 25%. Stanley Black & Decker also reduced the amount of raw materials and components in the same plant by 17%–with no adverse impact to service levels.
“Lee Dame and Michael Martin have achieved tangible results that highlight how the right combination of people, process and Logility Voyager Solutions can turn a supply chain into a competitive advantage,” said Mike Edenfield, president and CEO, Logility. “Logility congratulates Lee and Michael on their achievements and is honored to be the technology partner supporting their supply chain and helping them plan for the opportunities ahead.”
Recognized industry-wide for its rapid implementation, quick ROI, ease-of-use, and ability to solve complex problems, Logility Voyager Solutions is a comprehensive supply chain solution suite which features performance monitoring capabilities to increase supply chain visibility and boost performance in key areas including demand, inventory and replenishment planning, sales and operations planning (S&OP), manufacturing planning and scheduling, supply and inventory optimization, transportation planning and management, and warehouse management.
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, 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
