New AberdeenGroup Research Reveals Logility Customers Exceed “Best in Class” Companies in Inventory Optimization Performance
Aberdeen Survey finds Logility customers are ahead of “Best in Class” companies in customer level forecasting and detailed inventory optimization
ATLANTA (Nov. 7, 2006) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that a recent survey conducted by AberdeenGroup has found that Logility customers have a high degree of technology adoption and above average inventory performance benefits.
In the AberdeenGroup Research Brief, “Logility Inventory Management Solutions: A Fact Based Analysis,” Aberdeen benchmarked the performance of companies that have implemented Logility Voyager Solutions™ for managing inventory. The companies that participated included 67% distribution-intensive and 33% manufacturing-intensive companies. The results were then compared with the 160 companies that Aberdeen surveyed on inventory management technology adoption and ROI for their report “The Technology Strategies for Inventory Management Benchmark Report.”
According to the Aberdeen Research Brief on Logility, “The results are impressive — indicating that Logility customers are ahead of even Best in Class companies with respect to customer-level forecasting technologies and detailed inventory optimization capabilities.”
Logility Voyager Solutions enable companies to improve inventory management and customer service levels by developing more accurate forecasts, leveraging time-phased inventory policies, and increasing demand visibility.
“The Aberdeen survey further validates that our customers are seeing a return on their supply chain investment with Logility Voyager Solutions,” said Mike Edenfield, president and CEO, Logility. “Improving inventory management is critical to a company’s growth and success and we are pleased that our customers are experiencing above average inventory management performance and increased customer service levels.”
To download a copy of AberdeenGroup’s “The Technology Strategies for Inventory Management Benchmark Report” or the research brief on Logility, visit www.logility.com.
With more than 1,100 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 performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Bissell, Brown Shoe Company, Huhtamaki UK, 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: www.logility.com. or E-mail: firstname.lastname@example.org
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