Logility Inc., a leading supplier of collaborative solutions to optimize
the supply chain, announces Sean Willems, Ph.D., associate professor of
Operations Management at Boston University's School of Management and
Chief Scientist at Logility, will discuss the importance of inventory
optimization within the sales and operations planning (S&OP) process at
the Gartner Supply Chain Executive Summit in Phoenix, AZ. The session,
“Inventory Optimization and S&OP Achieve Step-Change Supply Chain
Improvement” will occur Wednesday, May 21, 2014 at 11:30 AM Phoenix
local time in Grand Canyon 5 at the JW Marriott Phoenix Desert Ridge
Resort & Spa.
Sales
and operations planning began as a process to reconcile demand and
supply. Inventory was considered an output of this process and did not
have an equal seat at the S&OP table. However, advances such as
inventory optimization (IO) provide powerful performance levers that
help free up working capital while improving service levels, making
inventory a critical part of the S&OP process. Today leading companies
employ IO on two levels. At a tactical level they can scientifically
calculate inventory targets across the entire supply chain. At a
strategic level, the SI&OP (sales inventory and operations planning)
process determines the most profitable balance between working capital
and service level to meet demand.
This session utilizes lessons from real implementations to deliver
attendees a clear picture of the impact of IO on the S&OP process. It
crystalizes more than a decade of IO experience, results from tactical
implementations and examples of postponement in action, supplier
selection, and service level differentiation. Dr. Willems will uncover
how and why inventory optimization succeeded in these examples and share
best practices for the audience to share with their teams.
Quick Facts
Who: Sean Willems, Ph.D. associate professor of Operations
Management at Boston University's School of Management
What: Inventory Optimization and S&OP Achieve Step-Change Supply
Chain Improvement
When: Wednesday, May 21, 2014 at 11:30 AM Phoenix local time
Where: Gartner Supply Chain Executive Summit in Phoenix, AZ
Recognized industry-wide for its rapid implementation, quick ROI,
ease-of-use, and ability to solve complex problems, Logility Voyager
Solutions is a comprehensive software-as-a-service (SaaS) and on premise
based supply chain solution suite
which features built in analytics 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.
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 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.
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.
Copyright Business Wire 2014