Welcome!

News Feed Item

Logility Acquires MID Retail

Logility, Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced its acquisition of privately-held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions.

MID Retail’s award winning technology helps retailers synchronize merchandise financial plans with customer demand at each retail location to boost in-stock performance, profitably grow their businesses, allocate merchandise, and deliver higher product availability and customer service. MID Retail’s products will be integrated into the Logility Voyager Solutions™ suite and rebranded under Voyager Retail Optimization. Like other components in Logility Voyager Solutions suite, Voyager Retail Optimization can be deployed as a stand-alone solution or as a part of a broader supply chain initiative.

The retail industry faces several challenges including the accelerating pace of new product introductions, the need to deliver a consistent Omni-Channel customer experience, and increasing pricing and service pressures from aggressive competitors. To succeed and stay ahead of the competition, retailers require a comprehensive supply chain solution that can optimize their operations from sourcing through manufacturing to store and customer delivery.

“With this acquisition, Logility Voyager Solutions delivers the holistic supply chain solution retail companies need to compete in today’s complex marketplace,” stated Mike Edenfield, Logility president and CEO. “MID Retail’s innovative retail planning and allocation solutions complement the Logility Voyager Solutions suite. The combination provides a robust, comprehensive supply chain solution that helps retailers, brand owners, wholesale distributors, and manufacturers intelligently grow their businesses, increase customer service levels and reduce working capital.”

The addition of MID Retail further strengthens Logility Voyager Solutions as a comprehensive supply chain planning solution marketed to Fortune 500, large and midsize companies in the retail, wholesale distribution and manufacturing industries. Some of the unique assets that Logility acquires through this transaction include:

Technology: MID Retail’s award-winning retail allocation and merchandise planning solutions intelligently harmonize merchandise financial plans with customer demand at each retail location. The allocation capabilities ensure product availability and improve customer satisfaction while efficiently managing inventory positions by strategically placing inventory into the proper channel or location to best serve customer demand.

The inclusion of MID Retail’s solutions will expand Logility’s innovative supply chain suite to drive additional value for retail, wholesale distribution and manufacturing customers to improve operational performance and deliver a comprehensive Omni-Channel customer experience. Logility Voyager Solutions now offers the complete breadth of retail supply chain planning from strategic planning and optimization right down to daily execution, and retail store-level replenishment and allocation with an end-to-end synchronized process.

Organization: The MID Retail support, development, implementation, training, and sales team will join Logility’s global organization and will continue to focus on providing industry-leading retail expertise to Logility customers.

Customer Base: MID Retail has helped transform retail planning for respected industry leaders including Abercrombie & Fitch, Anna’s Linens, Big Lots!, Bon-Ton, Finish Line, Orvis, Tuesday Morning, Urban Outfitters, and Wet Seal. MID Retail customers will benefit from increased research and development investment and the exceptional customer service Logility is known for providing.

"We are excited to become part of the Logility team, and have long admired Logility’s robust supply chain suite, large and satisfied customer base, and proven track record of financial stability,” said Mike Ruhana, co-founder and COO, MID Retail. “Today’s announcement will enable us to develop and deliver more innovative supply chain solutions to our retail customers. There is tremendous synergy in our joint solution offering that will allow retailers to plan more efficiently across strategic, tactical and operational time horizons to ensure better in-stock performance and streamline Omni-Channel planning initiatives.”

View Partners Capital LLC acted as the exclusive financial advisor for MID Retail on this transaction.

About MID Retail, Inc.

MID Retail helps retailers create a competitive advantage from their merchandise operations. The company’s solutions enable retailers to boost sales, increase margins and reduce inventory costs by improving the performance and efficiency of their allocation and store replenishment planning, and buying functions. MID Retail helps its clients achieve success through its leading, integrated suite for allocation, merchandizing, assortment, store planning, and replenishment applications. The application suite is implemented in partnership with clients by MID Retail’s expert professional services team, who provide services ranging from management consulting to technical support. The MID Retail solution is the result of over 25 years of research, development and proven impact on profitability with more than 100 major retail chains. For more information about MID Retail, visit http://www.midretail.com.

About Logility

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 500 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 CooperVision, 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.

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, 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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, inside...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...