Goals include increased forecast accuracy, reduced inventory and better
collaboration
ATLANTA, Sept. 10 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq:
LGTY), a leading supplier of collaborative solutions to optimize the supply
chain, today announced that Lance, Inc. (Nasdaq: LNCE), one of the nation's
largest producers and distributors of snack foods, recently deployed
Logility Voyager Solutions(TM) to improve the efficiency of its supply
chain as it continues to grow its brands and distribution.
"Lance continues to experience growth in a variety of product
categories and distribution channels," said Greg Wolljung, VP Service &
Distribution, Lance, Inc. "To support this growth, we focused on
implementing a strategy that would ensure that we increase efficiencies
within our supply chain as we integrate new products into our inventory
mix. We selected Logility Voyager Solutions as the technology solution to
help enable this process and gain measurable improvements in forecast
accuracy and inventory planning."
The deployment of Logility Voyager Solutions will enable Lance to get
the right products to the right place at the right time by giving them the
ability to improve inventory management for Direct Store Distribution as
well as reduce inventory through a more consistent and systematic
application of approved stocking policies. With Logility, Lance will gain
more visibility into market demand which will lead to increased forecast
accuracy and optimized inventory levels. The company will also have the
ability to automatically calculate time-phased inventory plans which will
help Lance prevent inventory redundancies and obsolescence.
"Growth creates additional supply chain challenges for food and
beverage companies as new products are brought into the mix, additional
manufacturing facilities are brought online and distribution routes are
increased," said Mike Edenfield, CEO and president, Logility. "By
transforming their supply chain into an efficient and flexible network with
Logility, Lance is building a platform to support more profitable growth."
About Lance, Inc.
Lance, Inc. (Nasdaq: LNCE), headquartered in Charlotte, NC,
manufactures and markets snack foods throughout much of the United States
and other parts of North America. The Company's products include sandwich
crackers and cookies, crackers, potato chips, cookies, sugar wafers, nuts,
candy and other salty snacks. Lance has manufacturing facilities in North
Carolina, Georgia, Florida, Texas, Iowa, Massachusetts and Ontario, Canada.
Products are sold under the Lance, Cape Cod and Tom's brand names along
with a number of private labels and third party brands. The Company's
products are distributed through a direct-store-delivery system of
approximately 1,500 sales routes, a network of independent distributors and
direct shipments to customer locations. Lance products are distributed
widely through grocery stores, convenience stores, mass merchants, food
service outlets, and other channels. For more information on Lance, visit
the Company's website at http://www.lance.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, Rand McNally,
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
http://www.prnewswire.com/comp/120967.html/
CONTACT:
Michelle Duke of Logility, Inc.,
+1-404-264-5485, mduke@logility.com
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