Herbalife Nutrition Joins the Logility Client Community

Rhea-AI Summary

Logility, a leader in supply chain innovation, has partnered with Herbalife Nutrition to enhance its global supply chain management. This collaboration aims to streamline processes, improve inventory visibility, and achieve better distribution planning. Herbalife, operating in 95 markets with over 10,000 employees, seeks to leverage Logility's Digital Supply Chain Platform for increased efficiency. The initiative emphasizes the importance of supply chain transparency, especially for companies customizing products to individual orders. This strategic move aligns with Herbalife's goal of enhancing its operational performance.

Positive

• Herbalife Nutrition partners with Logility to improve supply chain management.
• The Logility Digital Supply Chain Platform enhances inventory visibility and streamlines processes.
• Targets better distribution planning to meet anticipated customer demand effectively.

Negative

• None.

Global nutritional supplement leader targets greater supply chain transparency with the Logility^® Digital Supply Chain Platform

ATLANTA--(BUSINESS WIRE)-- Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced an addition to its growing client community. Herbalife Nutrition, a global nutrition company, selected the Logility Digital Supply Chain Platform to improve its supply chain management around the world.

Founded in 1980, Herbalife Nutrition offers a range of nutrition supplements and operates in 95 markets with over 10,000 employees worldwide. To continue their mission of improving global nutritional habits, the company turned to Logility to help streamline supply chain processes, unify information sharing and provide better inventory visibility.

“Logility demonstrated a deep industry expertise and understanding of our business and its unique challenges,” said Natalia Perez-Espinosa, Sr. Director of Technology and Transformation, Herbalife Nutrition. “We look forward to leveraging the Logility® Digital Supply Chain Platform to improve efficiency in our supply chain processes.”

Focused on enhancing distribution planning efforts, the Logility Platform will aid in bringing transparency to the company’s supply chain. The Platform supports value-achieving visibility into products and processes and makes delivery of goods more efficient by determining which goods, in what quantities, and which locations are required to meet anticipated customer demand.

“Transparency is increasingly critical to global supply chain success, especially when your brand is committed to customizing down to the individual order like Herbalife Nutrition does. Without the right tools, tracking suppliers, information and inventory can be time consuming and ineffective,” said Allan Dow, president, Logility. “We look forward to partnering with Herbalife Nutrition in their journey towards clearer supply chain visibility and welcome their team into our growing community of innovative supply chain professionals.”

About Herbalife Nutrition

Herbalife Nutrition (NYSE: HLF) is a global nutrition company that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in 95 markets by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s commitment to nourish people, communities and our planet, Herbalife Nutrition pledges to achieve 50 million positive impacts – tangible acts of good – by 2030, its 50th anniversary.

For more information, please visit IAmHerbalifeNutrition.com.

About Logility

Accelerating the digital sustainable supply chain, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility® Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s SaaS-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility clients include Big Lots, Husqvarna Group, Parker Hannifin and Red Wing Shoe Company. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). To learn how Logility can help you make smarter decisions faster, visit www.logility.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the Company means Logility, Inc. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or clients; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; American Software, Inc.’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; 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 SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005132/en/

Marti Kirsch

Executive Vice President, Marketing, Logility

mkirsch@logility.com

Source: Logility, Inc.

FAQ

What is the recent partnership between Herbalife Nutrition and Logility about?

Herbalife Nutrition has partnered with Logility to improve its global supply chain management and enhance efficiency using the Logility Digital Supply Chain Platform.

When was the partnership between Herbalife Nutrition and Logility announced?

The partnership was announced recently, but the specific date is not mentioned in the press release.

What benefits will Herbalife Nutrition gain from using the Logility platform?

Herbalife Nutrition aims to achieve better supply chain transparency, inventory visibility, and streamlined processes through the Logility platform.

How many markets does Herbalife Nutrition operate in?

Herbalife Nutrition operates in 95 markets globally.

What is the stock symbol for Herbalife Nutrition?

The stock symbol for Herbalife Nutrition is HLF.

What is the stock symbol for American Software, the parent of Logility?

The stock symbol for American Software is AMSWA.