Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, is pleased to announce Tillamook County Creamery Association has received the prestigious 2019 Velocity Award (Photo). Presented at the 2019 Velocity Conference, the award highlights a company that has demonstrated exceptional innovation in its effort to implement a digital supply chain initiative that significantly improves operations and creates a platform for growth.
Tillamook, an Oregon-based dairy producer, operates in a capital-intensive industry with multiple manufacturing and co-manufacturing sites across the United States that serve its domestic and international markets. The company initiated its supply chain transformation initiative to gain end-to-end visibility and create a platform for dynamic business growth. To succeed, the Tillamook team established a strong foundation for digital supply chain planning and growth: a robust planning platform with expanded visibility and analytics to monitor key performance indicators (KPIs) and make proactive adjustments as needed. The supply chain team developed new processes, instituted advanced education and training for the stakeholders and implemented Logility Voyager Solutions„¢ as the platform for digital supply chain optimization.
Tillamook has a rich and storied history of offering the highest quality dairy products available to consumers, said Michael Bever, executive vice president of operations, Tillamook County Creamery Association. Our strategic growth plans require greater visibility and a flexible platform for both digital and operational supply chain success. Logility has been a key partner in support of our long-term goals and we look forward to new opportunities in the future. We are honored to receive this recognition for the Tillamook teams hard work to ensure every customer is able to enjoy our quality products.
Tillamook manufactures in multiple locations with many distribution points which requires precise visibility into demand, supply and inventory. Since the start of the project, Tillamook has achieved impressive results including a 25 point increase in forecast accuracy, up to 99 percent fill rate and up to a 75 percent decrease in finished goods inventory for cheeses. This enhanced level of visibility allows Tillamook to identify new or expanded distribution opportunities and quickly take advantage of them. In addition, the team is better able to turn multiple sources of information into actionable insights that drive the companys sales and planning activities. Through the use of advanced analytics, the supply chain team is now able to focus on higher-value issues that align with corporate goals and deliver exceptional product quality and service.
Tillamook has transformed its supply chain into a platform for rapid growth and differentiation in a highly competitive market, said Allan Dow, president, Logility. We congratulate Tillamook on their digital and operational supply chain transformation and the tangible benefits they have achieved to help drive success, support the companys strategic expansion and drive greater customer service.
Accelerating the digital supply chain from product concept to customer delivery, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. Logility Voyager Solutions„¢ leverage an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logilitys Software-as-a-Service (SaaS)-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; and retail merchandise planning, assortment and allocation. Logility customers include Big Lots, Fender Musical Instruments, Husqvarna Group, 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. To learn how Logility can help you make smarter decisions faster, visit 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 Logilitys 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 Companys 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.