Leading HVACR Distributor Recognized for Driving Significant Supply Chain Improvement
ATLANTA--(BUSINESS WIRE)--Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced Johnstone Supply Inc., the leading cooperative wholesale distributor in the HVACR industry with more than $1.5 billion in annual sales, has been awarded the 2014 Logility SAILS Leadership Award. The award recognizes Johnstone Supply's use of supply chain solutions to solve complex business problems.
Johnstone Supply has turned its supply chain into a differentiator in a highly competitive marketplace
Johnstone Supply faces many unique challenges including a quickly expanding product portfolio, pricing pressure from both customers and competitors, and the need to consistently deliver industry-leading customer service. To balance these requirements, the supply chain organization at Johnstone Supply has taken an aggressive stance to improving its supply chain processes and supporting these changes with solutions that align execution with corporate goals. Since turning to Logility Voyager Solutions, Johnstone Supply has realized significant benefits including a $7 million reduction in safety stock inventory, a decrease in stock outages by up to 27 percent, and a considerable improvement in the company's ability to ramp-up and ramp-down seasonal inventory.
Our success depends on clear visibility into demand and aligning our inventory to quickly meet our customers' needs, said Raymond Kernagis, vice president of supply chain, Johnstone Supply. We are very proud of our supply chain transformation. We have realized several benefits including enhanced visibility across our complex operations, reduced costs and improved service levels. Currently we are in the process of rolling out a collaboration initiative with our member stores to take our supply chain to a new level of proactive planning and efficiency. Logility Voyager Solutions has been the foundation of our transformation and we look forward to further taking advantage of the great breadth and depth of functionality the solution offers.
Logility Voyager Solutions provides Johnstone Supply a solid planning foundation and helps the company balance its inventory to minimize costs while providing exceptional customer service and in-stock availability. The supply chain solution is a one-stop source of information across the organization; enabling Johnstone Supply to aggregate critical KPI's and focus on the activities that drive the most value.
Johnstone Supply has turned its supply chain into a differentiator in a highly competitive marketplace, said Mike Edenfield, president and CEO, Logility. By objectively evaluating their challenges and applying innovative thinking, Johnstone Supply has established a platform for long-term success. We congratulate the Johnston Supply team and look forward to helping them drive more profitable growth.
On Demand Webcast: Supply Chain Collaboration for Wholesale Distribution
White Paper: Updating the Wholesale Distribution Playbook
About Logility Voyager Solutions
Recognized industry-wide for its rapid implementation, quick ROI, ease-of-use, and ability to solve complex problems, Logility Voyager Solutions is a comprehensive supply chain management solution which features performance monitoring and analytics capabilities 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.
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.
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.
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