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 | | MOTHER PARKERS PERKS UP SUPPLY CHAIN SAVINGS WITH LOGILITY VOYAGER SOLUTIONS(TM) | | | Logility, Inc. | | 16/10/2007 | | | Coffee and tea manufacturer quickly sees cost savings through more effective inventory management and demand visibility
Logility, Inc. (Nasdaq: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Mother Parkers, the largest coffee and tea manufacturer in North America, has successfully deployed Logility Voyager Solutions to improve demand and inventory planning and has already experienced cost savings as a result of better inventory management and demand visibility.
Mother Parkers is the manufacturer and marketer of specialty coffee and tea brands including Higgins and Burke Gourmet, Mother Parkers, Brown Gold, Martinson and Beech Nut. Based in Mississauga, Ontario, Mother Parkers also operates plants in Ajax, Ontario and Fort Worth, TX. Mother Parkers was challenged by a mostly manual inventory and demand planning process and selected Logility Voyager Solutions to enable them to manage inventory more effectively and create a more collaborative production planning environment.
"We selected Logility Voyager Solutions because we wanted a system that would easily integrate with our ERP platform and automate our inventory and forecasting processes," said Glenn Nicodemus, manager of supply chain planning at Mother Parkers. "Logility gives us more visibility into market demand and seasonal patterns and enables us to aggregate data quickly for capacity planning which makes our production planning more efficient. Since rolling out Logility in September 2007, we have already seen savings of up to $800,000 from safety stocks alone and are experiencing higher inventory turns as a result of more accurate forecasts."
Logility Voyager Solutions automates the process of predicting market demand which increases forecast accuracy, optimizes inventory levels and drives efficient sourcing and production. With Logility, Mother Parkers is able to model demand patterns based on factors such as seasonality ensuring that they have the right inventory to meet market demand. Logility will also enable Mother Parkers to gain a customer-level planning process which will allow them to know which products are sold to specific customers.
"We are very pleased that Mother Parkers has quickly experienced cost savings as a result of their deployment of Logility," said Mike Edenfield, president and CEO, Logility. "By automating their inventory planning processes with Logility Voyager Solutions, Mother Parkers has dramatically reduced the time it takes to gather the data critical for effective inventory planning and forecasting and we look forward to supporting their continued success."
About Mother Parkers
Mother Parkers is one of the largest manufacturers of Private Label coffee and tea products to major food service operators and grocery retailers throughout North America. For further information about Mother Parkers Tea and Coffee Inc. visit the website at www.mother-parkers.com
About Logility
With more than 1,200 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; Sales and Operations Planning (S&OP); supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Brown Shoe Company, McCain Foods, Pernod Ricard, 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 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, 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 effect of competitive products and pricing; 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, 2007 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other 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: asklogility@logility.com.
All trademarks are properties of their respective owners.
SOURCE Logility, Inc. | |
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