|By Business Wire||
|March 20, 2014 08:15 AM EDT||
Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today unveiled Logility Voyager Integrated Business Planning. Attendees at Connections 2014, Logility’s customer conference, were treated to a sneak peak of this next generation sales and operations planning (S&OP) solution.
Voyager Integrated Business Planning provides a holistic view of planning across the business including finance, manufacturing, supply chain, sales marketing, suppliers and customers. This new solution will tie strategic, tactical and operational activities into a single comprehensive business plan bringing rapid simulations from in-memory processing, and real time analytics to enable demand and supply segmentation and multi-enterprise collaboration to the planners desktop.
According to Aberdeen Group, establishing a formalized S&OP process is the number one priority for Best-in-Class companies as they manage the pressures coming from demand volatility and risk1. However, many companies still rely on spreadsheets as the foundation for planning processes. This approach is inefficient and injects stale data which leads to questioning the validity of the information. Leveraging a single data model across the Voyager suite, Logility’s Integrated Business Planning will enable organizations to rapidly evaluate multiple scenarios as well as model and initiate on demand sessions around unexpected events.
“Having a comprehensive on-demand planning platform is the single most important business process for managing risk and increasing profitability in today’s highly competitive global market,” said Mike Edenfield, president and CEO, Logility. “Demand volatility and supply variability place immense pressure on today’s complex supply chains as companies look to reduce costs while also boosting service levels. Voyager Integrated Business Planning cuts through the noise to deliver access to business scenarios that model multiple ‘what-if’ trade-offs to help them accelerate their planning and take advantage of market opportunities before the competition.”
Voyager Integrated Business Planning is built upon three main principles: on demand scenarios and simulation, social collaboration, and a unified data model.
Scenarios and Simulations
Critical to implementing the correct course of action is understanding the options and their implications to the business. Voyager Integrated Business Planning delivers rapid interactive simulation and scenario analysis to support demand and supply balancing, segmentation, S&OP, and financial plan alignment. With the ability to proactively plan for both opportunities and challenges, companies are better prepared and able to focus resources on the activities that deliver the greatest benefit.
The context-aware supply chain requires rapid communication with and the ability to integrate data from multiple stakeholders and sources. Voyager Integrated Business Planning delivers embedded social collaboration and workflows that enables rapid planning and better decision making across the organization – finance, sales, manufacturing, distribution and supply chain – along with key customers and suppliers.
Unified Data Model
Voyager Integrated Business Planning delivers real time analysis with a unified view of sales, supply chain and financial data. This information can be presented at any level of granularity and dimension allowing organizations to understand and develop SKU-specific plans that evaluate both financial and volumetric measures. The direct tie between the operational plans and Integrated Business Planning enables organizations to respond to opportunities and risks on-demand as the situations unfold, eliminating the need for manual data input and manipulation.
About Logility Voyager Solutions
Recognized industry-wide for its rapid implementation, quick ROI, ease-of-use, and ability to solve complex problems, Logility Voyager Solutions is a comprehensive supply chain solution suite which features performance monitoring capabilities to increase supply chain visibility and boost performance in key areas including demand, inventory and replenishment planning, sales and operations planning (S&OP), manufacturing planning and scheduling, supply and inventory optimization, transportation planning and management, and warehouse management.
With more than 1,250 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 a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). For more information about Logility, call 800-762-5207 USA or visit http://www.logility.com.
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, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of Logility’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc’s. current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.
Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.
1 “S&OP: Non Negotiable As A Process” Bryan Ball, Aberdeen Group, December 2013