Demand Solutions, a leading global resource for cloud-based supply chain management solutions, announced today that the Company has received a Manufacturing Leadership Partner Award from Frost & Sullivans Manufacturing Leadership Council. Winners were honored during the 14th Annual Manufacturing Leadership Awards Gala at the Hyatt Regency Huntington Beach Resort and Spa on June 13.
The programs distinguished panel of expert judges recognized individuals and companies across several award categories for their outstanding manufacturing achievements. Demand Management was one of only 10 companies to receive a Manufacturing Leadership Partner Award.
In addition, Demand Management customer TenCate Protective Fabrics received a prestigious Supply Chain Leadership award. TenCate was recognized for expanding business visibility and accuracy by leveraging the Demand Solutions DSX platform to synchronize supply and demand. With the DSX platform, TenCate was able to increase forecast accuracy by 15 percent while simultaneously reducing hard stock inventory by $4 million over an 18-month period.
We were delighted to learn that one of our outstanding customers, TenCate, was being honored alongside us in the 2018 ML Awards, said Bill Harrison, president of Demand Management. Our goal is to deliver supply chain planning solutions that help our customers become more successful. We are proud of the measurable results TenCate achieved with Demand Solutions DSX. And, we sincerely thank Frost & Sullivan for the opportunity to share these honors with one of our customers.
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About Demand Management, Inc.
Demand Management, Inc. is the leading global provider of the Demand Solutions software-as-a-service (SaaS) supply chain planning software. These affordable, easy-to-use solutions for manufacturers and distributors are designed to increase forecast accuracy, improve customer service levels, and reduce overall inventory to maximize profits and lower costs. Designed to run on Azure, a cloud service from Microsoft, the Demand Solutions DSX supply chain planning solution offers functionality for demand optimization, supply optimization, manufacturing optimization, integrated business planning/sales and operations planning, team collaboration, workflow optimization, and data visualization.
Demand Management, Inc. has worked with supply chain professionals for over 30 years and has incorporated their best practices and real-world business requirements into its software. The Companys extensive customer base across 79 countries includes Siemens Healthcare, AutomationDirect.com, and Newfoundland Labrador Liquor Corporation. Demand Management is a wholly owned subsidiary of Logility, Inc., which is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA), named one of Forbes Magazines 100 Most Trustworthy Companies in America.
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 the Companys 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 Softwares 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.
Demand Solutions is a registered trademark of Demand Management Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.
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Demand Management, Inc.