Remy Aftermarket Europe Selects Logility Voyager Solutions™
Key business drivers include improving forecast accuracy and inventory planning to effectively meet the supply demands of customers
ATLANTA (March 28 2006) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Remy Aftermarket Europe, a division of Remy International, has selected Logility Voyager Solutions™ to increase demand visibility, improve forecast accuracy and inventory planning, and strengthen customer service.
“The automotive business is becoming increasingly complex. With customer expectations high and pricing competition fierce, it is critical to have a strong sales forecasting and inventory management process in place to cost effectively meet these demands,” said Heinz Hoelker, vice-president supply chain management, Remy Aftermarket Europe. “Logility Voyager Solutions will help Remy Aftermarket Europe improve customer service levels through better management of warehouse stock.”
Remy Aftermarket Europe is headquartered in Belgium and has distribution centers in Belgium, Hungary, Tunisia, Germany, Spain and the United Kingdom. Remy Aftermarket manufactures, remanufactures and distributes automotive parts. The division will use Logility for forecasting finished goods, setting statistical safety stock and improving visibility of reverse logistics inventory.
“We look forward to expanding our partnership with Remy International to include Remy Aftermarket Europe,” said Mike Edenfield, president and CEO, Logility. “Logility Voyager Solutions offer companies a reliable way to automate their supply chain and improve product availability while reducing costs and freeing up working capital to fuel growth.”
Logility Voyager Solutions enable aftermarket service parts companies to accurately predict demand, optimize inventory investments and streamline warehousing and transportation functions to improve on-time, cost-effective delivery, responsiveness and customer loyalty. For more information on Logility Voyager Solutions, visit www.logility.com.
Remy Aftermarket Europe
Remy Aftermarket Europe is a division of Remy International, the leading global manufacturer and remanufacturer of aftermarket electrical components, original equipment, electrical components, and aftermarket powertrain/drivetrain components for automobiles, light trucks, heavy-duty trucks and other heavy-duty vehicles. Remy Aftermarket Europe is located in Belgium and has approximately 1,000 employees. For more information, visit . www.remyinc.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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