Logility Reimagines Supply Chain Execution with New AI-First Solutions

AI-native software applications will optimize and automate order allocation and empower organizations to proactively flex their supply chain network.

Logility, a leader in AI-first supply chain management software, today announced two AI-native capabilities that will reimagine the way supply chain execution gets done. The first is Intelligent Order Response, an automated order allocation and optimization software application that uses AI to actively scan for and resolve demand-supply imbalances. The second is the next phase of enhancement for Logility’s Continuous Network Optimization capability, which will be expanded to provide AI-powered recommendations for incremental supply chain network adjustments and automate the realignment of the operating model. Both are scheduled to be generally available in the Spring of 2025.

As the newest addition to the Logility Decision Intelligence Platform, Intelligent Order Response applies an AI-first approach to automate and optimize order fulfillment based on near-term business goals. Eliminating rigid allocation rules and manual processes, it is designed to intelligently allocate available supply of on-hand and incoming inventory to satisfy demand within a defined business window and in accordance with defined business goals. As a result, organizations have an opportunity to optimize business outcomes while also lowering costly expedited logistics fees and supply chain fines, as well as improving customer satisfaction.

"At Logility, we’re committed to revolutionizing supply chain management with cutting-edge, AI-first solutions,” said Allan Dow, President and CEO of Logility. “Intelligent Order Response and the continued enhancement of Continuous Network Optimization reflect this commitment by addressing long-standing challenges in new and innovative ways. Traditional, manual, and subjective processes are giving way to strategies that democratize information, elevate human decision making, and allow organizations to rapidly build competitive advantage. We’re proud to help our clients transition from a “what happened” view of the world to one that focuses on what’s coming.”

Intelligent Order Response helps organizations overcome supply chain volatility with:

Intelligent Matching: Use of AI to automate the alignment of demand with supply and inventory to optimize the achievement of business outcomes.
AI-First Allocation Ranking and Resolution: Designed to leverage advanced optimization algorithms for high-speed, accurate outcomes.
Accelerated Insights: Empowers decision-makers with conversational UX, guided workflow, and prescriptive decision recommendations.
Continuous Monitoring and Optimization: Designed to actively scan for imbalances and suggest corrective actions with alerts and notifications.
Flexible Decision Support: Offers prescriptive guidance designed to optimize against varying business objectives with the option for manual overrides.

With Logility’s Continuous Network Optimization capability, companies can optimize their network design and flows as frequently as needed to improve supply chain execution. Serving as an “oil change” light for an organization’s network, the application is designed to continuously monitor network conditions and surface alerts when adjustments are needed to achieve defined business outcomes. Unlike traditional network design initiatives, which often take months or years, Continuous Network Optimization is designed to use AI to proactively and continuously identify incremental changes to optimize results. Users can accept or decline recommendations and use automation capabilities to execute the changes.

Learn more about the Logility Decision Intelligence Platform and its innovative capabilities for supply chain planning and execution at www.logility.com or stop by the Logility Booth 112 at the NA Gartner Supply Chain Planning Summit in Denver, CO, December 3-4, 2024.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at 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; the Company’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 could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, Logility Supply Chain Solutions, Inc., (626) 657-0013 or email kliu@amsoftware.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241203890857/en/

Press@Logility.com

Logility Supply Chain So... (NASDAQ:LGTY)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025