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My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Last Friday night, Aptean announced a definitive agreement to acquire Logility at $14.30 This week, I feel like a bobble-head. Is it musical chairs? Or a Merry-Go-Round?
ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility, Inc., Logility, Inc., About Logility.
On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. This announcement continues the trend of supplychainsoftware market consolidation. Logility is a well-established player in the supplychainsoftware market. A Look Back .
CAGR , the global supplychain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supplychain management tools to boost efficiency and value in their distribution and logistics network.
For the last decade supplychain leaders and CIO’s have been evaluating when and how to move their supplychain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supplychain data, such as inventory levels, which can help you make informed decisions.
When it comes to implementing supplychain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors. 3 Align on goals and KPIs.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supplychain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supplychain optimization and demand planning.
That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supplychain stakeholders.
A dark cloud is laying heavy over the supplychain management technology market. It is the buying of software companies to profit from maintenance or service revenues paid by manufacturers and retailers to their established software partners. The risk of the cloud is seldom discussed, but it is omnipresent.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
With approximately 95% of American households relying on products like recyclable aluminum foil, self-sealing wax, freezer paper, disposable bakeware, trash liners, and more, this organization strives for continuous improvement in their supplychain. But what are they really chasing?
What defines a high-performing supplychain? However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supplychains have demonstrated. Enter our list of supplychain trends for 2024.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
As an analyst in the battered supplychainsoftware market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the SupplyChain Shaman blog, let me begin my analysis with a disclaimer.
The global food and beverage supplychain has been stressed to the breaking point by the COVID-19 Pandemic. Plant shutdowns due to outbreaks of COVID-19 and widespread shortages of imported food products have further aggravated an already stressed out F&B supplychain. The System Challenge (and Solution).
Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation. Automated Learning: Machine learning algorithms automate the training process, reducing the need for manual intervention. However, traditional forecasting methods often fall short in accuracy.
For more than 80 years, Seco Tools has delivered a diverse portfolio of tools and services around the world. Seco Tools manufactures cutting tools made of steel, tungsten carbide and cobalt. The tools are based on industry standards which allows each customer to select their supplier. “Logility was unique.
Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.
Technology Leader Gives Students Hands-On Experience With AI-based SupplyChain Execution Solutions. 2, 2021 – Logility, Inc., 2, 2021 – Logility, Inc., Giving students access to Logility’s Digital SupplyChain Platform and real-world training is a professional gamechanger.”. About FIDM.
The world of supplychain management is fast-paced. Hence, leveraging the right technologicaltools becomes not only beneficial. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart.
built into their supplychain analytics software. Retailers use purchasing behaviors to understand which customers are likely to come back into the store or make an online purchase, while manufacturers can use modeling to understand when machines will need repairs. marketing automationsoftware?use
ATLANTA (August 24, 2022) American Software, Inc. million for the same period last year, and software license revenues were $0.3 For the SupplyChain business, professional services revenues for the quarter ended July 31, 2022 increased by 8% to $5.2 Company and Technology. Logility, Inc. Logility, Inc.
4, 2022 – Logility, Inc., a leader in supplychain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. As supplychain disruptions continue, we look forward to working with Planalytics to better serve our customers,” said Allan Dow, president, Logility.
In most cases, their legacy ERP or supplychainsolutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.
Logility customers can now access warehouse and Accelerated Growth in Cloud Services Annual Contract Value and Subscription Revenue. ATLANTA (August 25, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $0.5 Logility, Inc. Logility, Inc. Company and Technology.
ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 For the SupplyChain business, professional services revenues for the quarter ended October 31, 2021 increased by 6% to $5.3 million compared to $0.5 million compared to $10.2
As an analyst in the supplychain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supplychain innovation. History of Terra Technology.
Sustainable supplychains aren’t just better for the world; they also grow long-term value for your business. A sustainable supplychain doesn’t just have a positive impact on the world. This guide looks beyond environmental sustainability and explains the business advantages of sustainable supplychains.
For example, a Nielson poll found that 66% of adult consumers are willing to pay more for eco-friendly products and 50% of purchasing decisions are influenced by sustainability claims. Burstein is wary of any claim that isn’t backed by data including visibility of the full chain of custody. A large body of research bears this out.
For the more curious data scientist, Machine Learning for demand forecasting also has stable accuracy / bias trade-offs that can be adjusted on an ’efficient frontier’ of data science workflow, so that an accurate Machine Learning forecasting solution can be implemented quickly, and then studied over time to further improve the forecast.
During this year’s Gartner SupplyChain Symposium, Hamish Scrimgeour, Global Director of Planning and S&OP at Johnson Controls, shared how his team is perfecting its ability to plan by converging and integrating business systems to orchestrate the supplychain across multiple global sites. ” .
Supplychain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supplychains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon.
And this demand is placing extraordinary pressure on supplychains to keep up. At Logility, we recognize supplychains all over the world have a lot at stake. All that information inspired us to release an updated version of our digital supplychain platform to address the changes ahead.
Here’s how a digital supplychain platform can help. Smart company leaders know the risks of poor decisions, that a strategic investment in a digital supplychain platform keeps them on the sustainability track, and that ESG is essential to business value today. A sustainable business requires new technology.
Beginning on January 1, 2023, Germany’s Act on Corporate Due Diligence in SupplyChains (SupplyChain Due Diligence Act) will come into effect, taking aim at social and environmental issues arising in global supplychains. How Will the Act Impact Your SupplyChain?
In the presentation, I shared data on the evolution of supplychain planning and the results on user satisfaction. However, in the polling data in the APICS webinar, we found that over 70% of the respondents had deployed solutions from the ERP-expansionists (either SAP or Oracle). The results confound me. Let me share the story.
The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. Indeed, it would be surprising if they agreed. Can you imagine adding economists to this already potent mix?). The Future of IBP is Now.
In the world of commerce, every business ecosystem has a type of supplychain that is critical to corporate operations.These supplychains rely on a network of plants and facilities to add value to, and transform, raw materials into a final product. Supplychain leaders are on a quest for a more precise estimate.
Supplier scorecards are globally accepted as a key tool for managing a more profitable supplychain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Strengthening a negotiating position.
Looking back a few months, no one could have predicted the current state of the global supplychain. Although maybe we should have been better prepared, after-all this is not the first major supplychain disruption faced by most companies. Yes, every disruption tends to challenge the supplychain in different ways.
For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life. Supplychain data management.
It takes cooperation, collaboration, and visibility that enables effective monitoring across the entire supplychain to meet corporate social responsibility goals, and a digital supplychain platform is the key to achieving them. Your supplychain is only as sustainable as your suppliers.
Increasing scrutiny of labor practices requires supplychaintechnology that proves accountability and compliance. Consumers are demanding greater transparency and want more information about worker treatment in the supplychain. . Key Takeaways. Lack of transparency also carries a huge reputational risk.
Most supplychain planners are familiar with Dwight D. Supplychain planning is difficult in the best of times and made even more challenging during the worst of times. ” Cognitive technologies and supplychain planning. Because new planning techniques are making plans more realistic and viable.
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