Oneida Selects Logility Voyager Solutions™ to Improve Demand, Inventory and Supply Planning
Supply Chain Management goals include improving forecast accuracy, lowering inventory levels, increasing customer fill rates and recognized industry leadership in customer satisfaction
Atlanta and Oneida, NY (Aug. 15, 2006) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Oneida Ltd., one of the world’s largest sourcing and distribution companies for stainless steel and silverplated flatware, has selected Logility Voyager Solutions™ to improve forecast accuracy, lower inventory levels, and increase customer fill rates.
“With Oneida’s transition from manufacturing to total sourcing, we needed to strengthen our demand, inventory and supply planning processes,” said Rob Hack, senior vice president and chief information officer, Oneida. “Logility is a key component of our overall global systems strategy to drive operational excellence in supply chain management and customer/supplier performance management. We are committed to being a recognized leader in supply chain management processes and performance in our industry. The implementation of Logility will enable us to improve forecast accuracy, increase collaboration internally and with customer and supplier partners, lower inventory levels while increasing ‘perfect order’ fill rates, increase global operational responsiveness and visibility of information needed to drive our business.”
Implementation of Logility and a new global ERP platform is a major component of Oneida’s 18-month operational restructuring plan, which includes a redirection of focus from manufactured to sourced product, implementation of world-class supply chain management practices, reinvestment in its brand, and a number of additional initiatives designed to return Oneida to profitability, increase liquidity and compete in a changing market place.
Logility Voyager Solutions will enable Oneida to create demand plans that are continually updated and immediately shared across the enterprise giving them the flexibility to formulate and revise supply plans based on the real-time status of customer demand and inventory. By having more visibility into demand, forecast accuracy will improve as well as customer satisfaction. Logility Voyager Solutions will provide a flexible, scenario-based supply chain planning environment that will complement Oneida’s deployment of SAP’s mySAP Business Suite.
“With the increase in global sourcing, companies are realizing the need to re-evaluate their supply chain processes to manage longer lead times and more accurately forecast demand,” said Mike Edenfield, president and CEO, Logility. “We look forward to helping Oneida increase demand visibility as they adapt to total sourcing and improve their demand, inventory and supply planning processes.”
Oneida, headquartered in Oneida, NY kicked-off its Logility and SAP implementation in June 2006. For more information about Logility Voyager Solutions, visit www.logility.com.
Incorporated in 1880, Oneida Ltd. is one of the world’s largest design, sourcing and distribution companies for stainless steel and silverplated flatware for both the consumer and foodservice industries. It is also the largest supplier of dinnerware to the foodservice industry in North America. Additional information about Oneida can be found at www.oneida.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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