Standard Motor Products Expands its Use of Logility Voyager Solutions?
Supply chain planning software will improve performance-based management,
inventory management and collaboration with key customers and suppliers
Atlanta (September 26, 2005) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Standard Motor Products, Inc. (NYSE: SMP), a leading independent automotive parts manufacturer and distributor in the aftermarket industry, has extended its use of Logility Voyager Solutions to meet new inventory management demands brought on by its acquisition of the Engine Management Division of Dana Corporation (DEM) in 2003 and to proactively monitor supply chain performance and automate collaboration with key customers and suppliers.
“Over the past eight years, Logility Voyager Solutions have allowed Standard Motor Products to reduce inventory while maintaining high service levels for our engine management division,” said Eric Sills, general manager, Engine Management Division, Standard Motor Products. “With our DEM acquisition in 2003, our business has grown significantly and we have experienced more demand volatility along with a significant increase in SKU volumes. Logility Voyager Solutions will expand our capabilities and enable us to cost-effectively manage these market dynamics which will in turn help us optimize inventory investments and deliver superior customer service.”
Standard Motor Products will leverage Voyager Demand Planning, Inventory Planning and Replenishment Planning to improve their overall supply chain performance and help keep the demand planning team focused on Key Performance Indicators (KPIs); to continue to accurately forecast future demand and optimize inventory investments; to streamline new product introductions and old product retirements; and to collaborate with key customers and suppliers to better integrate their businesses. Voyager Supply Planning will be used to help balance distribution centers and reduce total supply chain costs. Voyager Global Sourcing Management will enable Standard Motor Products to improve visibility into supplier operations across its global supply network.
“Logility is very experienced at helping aftermarket service parts companies gain visibility of future customer demand; manage time-phased inventory and replenishment requirements; and optimize distribution and inventory deployment to cost-effectively service their customers,” said Mike Edenfield, president and CEO of Logility. “We are pleased that Standard Motor Products has achieved significant benefits through its use of Logility Voyager Solutions over the past eight years and look forward to Standard’s future success as Logility expands into other areas of operations.”
Logility offers a complete service parts management solution that spans the global supply chain, demand, inventory and replenishment planning; manufacturing planning and global sourcing; transportation planning and execution and warehouse management. For more information on Logility Voyager Solutions, visit
www.logility.com.
About Standard Motor Products
WStandard Motor Products is leading independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry. Standard Motor Products manufactures automotive replacement parts that supply Engine Management and Temperature Control parts for all makes of cars and trucks - domestic and imported, new as well as older vehicles. Standard Motor Products’ parts are sold primarily throughout the U.S., Canada and Latin America, by traditional warehouse distributors and major retail chains.
Standard Motor Products is headquartered in Long Island City, NY, with more than 20 factories and distribution centers throughout the U.S., Puerto Rico, Canada, Europe and the Far East.
About Logility
With more than 1,100 customers worldwide, Logility is the leading provider of collaborative supply chain planning solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions feature performance monitoring capabilities in a single Internet-based framework and provide supply chain visibility; demand, inventory and replenishment planning; supply and global sourcing optimization; transportation planning and execution; and warehouse management. Logility customers include Bissell, Huhtamaki UK, Katun Corporation, McCain Foods, Mill’s Pride, Pernod Ricard, Rand McNally, Sigma Aldrich, and VF Corporation. Logility is a majority owned subsidiary of American Software (NASDAQ: AMSWA). For more information about Logility,
call 1-800-762-5207 or visit
www.logility.com.
Forward Looking Statements
This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “expect,” or similar expressions. Any forward-looking statements herein are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Logility to differ materially from those anticipated by forward-looking statements made herein. These factors include continuing economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, competitive pressures, delays and other risks associated with new product development, undetected software errors, and risks associated with market acceptance of the Company’s products and services as well as a number of other risk factors that could affect the future performance of the Company. Please refer to a discussion of these factors and others in the Company's most recent Annual Report on Form 10-K, and in its Quarterly Reports on Form 10 Q and other reports and documents subsequently filed with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this release, including any forward-looking statements. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: www.logility.com or E-mail: ask@logility.com. |
