Multi-Echelon Inventory Optimization Takes Center Stage with Logility at
Experts Outline Best Practices and Share the Benefits of an MEIO Approach
ATLANTA -- April 3, 2013
Logility Inc., a leading supplier of collaborative solutions to optimize the
supply chain, is taking multi-echelon inventory optimization (MEIO) to center
stage at the INFORMS Conference on Business Analytics & Operations Research in
San Antonio, TX April 7 – 9, 2013. Three MEIO authorities will present and
provide insights into how inventory optimization can transform an
organization’s ability to balance cost and service levels to reduce working
capital tied up in inventory.
Sean Willems, PhD, associate professor, Operations Management, Boston
University School of Management and chief scientist at Logility will outline
how to successfully implement both tactical and strategic MEIO projects
through a proven implementation methodology based on more than a decade of
deployments around the world. Sean’s session, “A Guide for Multi-Echelon
Inventory Optimization Projects: Lowering Inventory while Improving Service
Levels,” is Monday, April 8 at 1:50 pm.
Chris Russell, vice president at Logility, will discuss how MEIO works in an
extended supply chain and the advantages of utilizing inventory optimization
in manufacturing, procurement, distribution, and lean manufacturing
environments. Chris’ session, “The Journey to the Top of the Multi-Echelon
Inventory Optimization (MEIO) Maturity Curve,” is scheduled for Monday, April
8 at 10:30 am.
Jeff Pittman, senior business consultant at Logility, is set to lead a
workshop to help attendees understand inventory optimization planning and
strategy as it applies to the end-to-end supply chain. Jeff will discuss how
MEIO helps businesses gain insight into the uncertainties inherent within
demand and supply networks and how the solution can help position inventory in
its proper forms and levels within the supply chain to maintain optimal
service levels. Additionally, he will explore how inventory optimization helps
minimize the impact of uncertainty in supply and demand, allowing better use
of assets. This workshop, “Inventory Optimization and Supply Chain” will occur
Sunday, April 7 at 1:00 pm.
Additional information on the INFORMS Conference can be found at
*Inventory Optimization: Impact of a Multi-Echelon Approach, Aberdeen
*6 Keys to Exceeding Expectations with Inventory Optimization Initiatives,
*Is Your Inventory A Competitive Advantage?, Webcast On Demand
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, Hewlett-Packard, Parker Hannifin, Sigma-Aldrich, 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.
Justin Siefert, 404-264-5485
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