Logility Partners with Planalytics to Systematically Address the Impacts of Weather in Demand, Inventory and Replenishment Planning

Rhea-AI Summary

Logility, a leader in supply chain innovation, has partnered with Planalytics to enhance its forecasting capabilities through weather-driven demand analytics. This collaboration will allow Logility customers to incorporate predictive metrics from Planalytics, enabling better anticipation of sales opportunities linked to weather conditions. The integration aims to improve forecast accuracy, optimize inventory levels, and mitigate risks associated with demand fluctuations. Given the ongoing supply chain disruptions, this partnership is expected to deliver significant operational advantages.

Positive

• Partnership with Planalytics enhances demand forecasting through weather analytics.
• Improved forecast accuracy and inventory optimization for Logility customers.
• Mitigation of risks associated with changing demand patterns.

Negative

• None.

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability

ATLANTA--(BUSINESS WIRE)-- Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. to identify, quantify and apply weather-driven demand calculations to business planning and forecasting. The partnership enables Logility customers to layer in Planalytics’ predictive demand metrics to better understand impacts across their customer base and proactively capitalize on sales opportunities created by favorable weather while mitigating risks when demand is negatively impacted.

Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations. This provides businesses with demand analytics to plan and optimize operations more effectively, keeping organizations one step ahead of shifting supply and demand trends. Planalytics will integrate directly into the Logility Digital Supply Chain Platform®, ultimately increasing forecast accuracy, optimizing inventories and reducing lost sales.

“We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics. “Our predictive demand analytics will add to Logility’s impressive portfolio of solutions that help mitigate supply chain disruptions and place inventory more efficiently.”

“As supply chain disruptions continue, we look forward to working with Planalytics to better serve our customers,” said Allan Dow, president, Logility. “With improved forecast accuracy and a better understanding of how weather can impact the supply chain, we’re confident our customers will experience direct benefits from this partnership.”

About Planalytics

Planalytics, Inc. (www.planalytics.com) is a global leader in predictive demand analytics that enable companies to understand the customer context driving buying decisions and take action at scale. Planalytics’ integration-ready metrics make it possible for retailers and other consumer businesses to systematically factor in key influencers of purchasing in order to anticipate demand, increase customer satisfaction and improve financial performance. Planalytics predictive demand analytics quantify the consumer’s relationship with the weather – the most consistent and impactful external driver of demand in the consumer economy – to help companies enhance planning, allocation, replenishment, reporting and digital marketing. Demand More^TM with powerful, scalable, frictionless and seriously profitable analytics that can be operationalized quickly and begin returning value immediately.

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 customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products 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. 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 customers; 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/20220104005017/en/

Valerie Miller

Communications Manager at Logility

vmiller@logility.com

Source: Logility, Inc.

FAQ

What is the partnership between AMSWA and Planalytics about?

The partnership aims to integrate weather-driven demand analytics into Logility's supply chain solutions to improve forecasting and inventory management.

How will the Logility and Planalytics collaboration benefit AMSWA customers?

Customers will benefit from enhanced predictive metrics that help understand sales opportunities affected by weather, leading to better planning and reduced losses.

What does the partnership mean for AMSWA's future performance?

The partnership could enhance AMSWA's operational efficiency and customer satisfaction through improved supply chain management.

What challenges does AMSWA face despite the partnership with Planalytics?

AMSWA faces ongoing risks related to market acceptance of its products and potential supply chain disruptions.