Hughes Supply Selects Logility Voyager Solutions™
Better demand visibility and synchronized sourcing will drive demand-driven operations and accelerate growth by more than 50%
Atlanta (December 5, 2005) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Hughes Supply, a leading distributor of construction, repair and maintenance-related products, has selected Logility Voyager Solutions™ to manage its distribution-centric supply chain, improve visibility, and enable the organization to evolve into a more demand-driven enterprise.
Operational excellence is essential to our business strategy. In order to meet this goal we must implement a state of the art demand forecasting system,” said chief operating officer, Neal Keating, Hughes Supply. “By proactively managing our inventory, we can deliver superior customer service and become a more efficient distributor.”
Hughes Supply distributes more than 350,000 products in over 500 locations in 40 states. It will deploy Logility Voyager Solutions for Wholesale Distribution Management to enable collaboration and enterprise-wide visibility, drive accurate forecasts of customer demand, reduce inventory levels, decrease carrying costs, and improve customer service. Logility will be deployed in each of Hughes’ seven business units over the next three years.
We look forward to supporting Hughes Supply as they transform their business into a more demand-driven enterprise to reach revenue and operational excellence goals,” said
Mike Edenfield, president and CEO of Logility. “Logility continues to meet the unique business needs of wholesale distributors by providing distribution-centric solutions that optimize the entire supply chain based on market demand.”
Logility Voyager Solutions for Wholesale Distribution Management enables wholesale distributors to increase gross margins through reduced costs, better demand visibility, synchronized sourcing, and improved customer service to free up capital and accelerate growth. For more information, visit www.logility.com.
Hughes Supply, Inc., founded in 1928, is one of the nation’s largest diversified wholesale distributors of construction, repair and maintenance-related products, with over 500 locations in 40 states. Headquartered in Orlando, Florida, Hughes employs approximately 9,600 associates and generated revenues of $4.4 billion in its last fiscal year ended January 31, 2005. Hughes is a Fortune 500 company and was named the #1 Most Admired Company in America in the Wholesalers: Diversified Industry segment by FORTUNE Magazine. For additional information on Hughes Supply, you may visit www.hughessupply.com.
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 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, changes in general economic conditions, technology and the market for the Company’s products and services, including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the Company’s ability to satisfy in a timely manner the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company’s revenues. For further information about risks the Company could experience as well as other information, please refer to the Company’s Form 10-K for the year ended April 30, 2005 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more 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: http://www.logility.com or E-mail: email@example.com.
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