Leading tape and film manufacturer recognized for supply chain excellence
ATLANTA, June 4 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq:
LGTY), a leading supplier of collaborative solutions to optimize the supply
chain, today announced Intertape Polymer Group Inc., a leading tape and
film manufacturer in North America, has received the 2008 Sailing to New
Heights with Logility Award for supply chain excellence.
Intertape Polymer Group implemented Logility Voyager Solutions to
increase visibility into customer demand and help build a more efficient
supply chain. Rapid growth through acquisitions created complexity and
several challenges within Intertape Polymer Group's supply chain including
a broad product portfolio that needed to be rationalized. As a result of
the Logility deployment, Intertape Polymer Group has improved fill rates
from less than 70% to 95%, increased forecast accuracy from 56% to 86%,
reduced total inventory by $40 million year-over-year, built stronger
internal collaboration and achieved higher customer service levels.
"Logility Voyager Solutions helped us significantly increase demand
visibility and forecast accuracy, refine our inventory and replenishment
planning processes and gain an overall more proactive supply chain," said
Joe Tocci, senior vice president of supply chain, Intertape Polymer Group.
"We are honored to be recognized for the success that we have achieved in a
short period of time with the support of Logility."
Intertape Polymer Group was presented the 2008 Sailing to New Heights
with Logility Award at Logility's recent "Connections 2008: Saddle Up for
Supply Chain Success" conference. Past recipients of the prestigious award
include Nutra Manufacturing, Porsche, Remy International, Saks
Incorporated, and Shaw Industries.
"Intertape Polymer Group was able to quickly achieve substantial
improvements across a broad set of supply chain processes as a result of
Logility Voyager Solutions, and we congratulate them on their success,"
said Mike Edenfield, president and CEO, Logility. "We are proud to
recognize the supply chain team at Intertape Polymer Group for their
achievements and look forward to continuing our partnership by providing
innovative solutions to support their future growth and profitability."
About Intertape Polymer Group Inc.
Intertape Polymer Group Inc. is a recognized leader in the development
and manufacture of specialized polyolefin plastic and paper based packaging
products and complementary packaging systems for industrial and retail use.
Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the
Company employs approximately 2,100 employees with operations in 17
locations, including 13 manufacturing facilities in North America and one
in Europe.
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 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 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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Related links:
http://www.logility.com
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CONTACT:
Michelle Duke of Logility, Inc.,
+1-404-264-5485, mduke@logility.com
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