Verizon Wireless Receives 2011 Sailing to New Heights with Logility Award
Leading Wireless Provider Synchronizes Supply Chain and Delivers Superior Service Levels
ATLANTA (June 22, 2011) – Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced Verizon Wireless received the “Sailing to New Heights with Logility” award. Presented at Logility’s “Connections 2011: Navigate the Voyage to Supply Chain Excellence,” the award recognizes a company who has demonstrated exceptional innovation in its effort to develop and implement a collaborative supply chain process that significantly improves operations. Photos can be found at Connections 2011 Album.
As Verizon Wireless experienced tremendous growth, especially in its smartphone business, one of the challenges faced was managing imbalances within the supply chain driving inventory build-up across distribution points. The company identified the need to link retail store replenishment to the procurement plan to reduce safety stock, lower inventory levels, and reduce obsolescence while maintaining superior service levels. Through its use of Logility Voyager Solutions(TM), Verizon Wireless has been able to manage to a comprehensive supply chain plan and common set of data, enabling collaboration across departments.
“Logility Voyager Solutions enables us to stay ahead and meet the needs of our customers with the right product at the right time,” said Viju Menon, vice president, supply chain, Verizon Wireless. “Our ability to optimize inventory, maintain service levels and increase visibility across our supply chain are key elements of our success. Logility provides a single source for our end to end planning, and a common mechanism for collaborating with our OEMs. We are honored to be recognized for the outstanding achievements of our entire supply chain team.”
Logility Voyager Solutions is leveraged by several organizations within Verizon Wireless including equipment replenishment, forecasting and procurement, accounting, and the supply chain management organization. This enables global inventory visibility from an enterprise as well as store level standpoint, driving improvements in inventory while mitigating the risk of obsolescence.
“We congratulate Verizon Wireless and its entire supply chain team on their achievements and are honored to work closely with them,” said Mike Edenfield, president and CEO, Logility. “The Sailing to New Heights with Logility Award is our highest customer recognition and Verizon Wireless has shown through its innovative use of Logility Voyager Solutions how the supply chain can be a competitive differentiator.”
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, 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, 2010 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
