|By Business Wire||
|October 19, 2016 08:30 AM EDT|
Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced the company was positioned in Gartner’s 2016 Magic Quadrant for Merchandise Assortment Management Applications.
According to the report, “The hypercompetitive retail landscape has not slowed, and customers' expectations of a unified retail experience continue to challenge multichannel retailers as they transform to digital business.” This year’s Magic Quadrant for Merchandise Assortment Management Applications states, “Big data combined with advanced analytics and algorithmic approaches is required to create store-specific assortments that are aligned to specific customer behavior segments.” Logility Voyager Solutions™ provides built-in advanced analytics with highly visual key performance indicators (KPIs) that allow retailers to operate on an exception basis, allocate their human resources more strategically, and deliver a higher level of customer service.
“As shopper expectations evolve, retailers are finding it more difficult to deliver a consistent experience across multiple channels while minimizing inventory investments and improving customer service,” said Allan Dow, president, Logility. “By breaking down information silos, boosting visibility and eliminating error-prone spreadsheets, Logility Voyager Solutions delivers a comprehensive retail planning and optimization platform driven by advanced analytics to automate merchandise, assortment, allocation, and replenishment planning. Leading retailers have chosen Logility to help shorten lead times, reduce inventory risk, improve service, and increase margins.”
Source: Gartner, Inc. Magic Quadrant for Merchandise Assortment Management Applications, Robert Hetu 01 September 2016.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative supply chain optimization and advanced retail planning 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 and retail optimization solution that features a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); Integrated Business Planning (IBP); supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning and allocation; and transportation planning and management. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy Companies in America by Forbes. 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.
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