Logility Advances SaaS Capabilities with Enhancements to Supply Chain ESG Management
24 Maio 2023 - 8:33AM
Business Wire
Network optimization to minimize Scope 3
emissions, new supplier scorecards, and product traceability and
compliance features, offer better risk avoidance and
management.
Logility, Inc., a leader in prescriptive supply chain planning
software, introduces new functionality to its cloud-based (SaaS)
Logility® Digital Supply Chain Platform, designed to elevate
visibility into vendor and supplier relationships. New features are
available for corporate responsibility, traceability, and vendor
management software applications.
Environmental, social, and governance (ESG) initiatives are
growing each year, as more companies begin to track the impact of
their supply chain ecosystem. Ensuring vendors and suppliers also
make a responsible impact is vital to company success.
By balancing sustainability with profitability, the Logility®
Digital Supply Chain Platform provides software that helps clients
become more sustainable and competitive. In addition to supporting
vendor compliance and ongoing assessments, the Logility Platform
tackles pressing environmental emissions metrics. Functions offered
include environmental considerations in network design, recycling
content in components and finished goods, and planning for returns
in the circular economy. Logility’s software helps clients reduce
waste through better shelf-life planning, component postponement
strategies, and optimized transportation modes. The new release
takes network optimization and vendor management solutions for ESG
to the next level.
This release introduces the ability to optimize your network
design for Scope 3 emissions, allowing you to create network design
scenarios for total CO2 emissions. CO2 is now a metric that can be
optimized, enabling you to design your supply chain network for
sustainability. Additionally, a “Target Emissions” solver allows
users to specify a target threshold for CO2 emissions. Network
Optimization now fully leverages a graph database, improving speed
and performance, with faster and more detailed reporting.
The latest release allows users of the cloud-based Logility®
Digital Supply Chain Platform increased visibility into vendor and
supplier performance for corporate social responsibility. The new
dashboards provide transparency of vendor compliance, product
quality, product testing ratings, and year-over-year comparisons.
Additionally, the dashboards showcase suppliers’ ratings and
progression, allowing users to open corrective action plans by
severity and monitor year-over-year trends.
Logility’s vendor management software includes improvements to
supplier evaluation and change requests. The evaluation request
process is streamlined to show and request information by supplier
type and validate that certificates are uploaded as required. This
visibility speeds up the supplier evaluation process for all
parties and confirms all certificates are in place to continue
supplier onboarding. With the supplier change request improvements,
supplier approvers can see summarized changes more quickly and
approve or reject those changes.
Reducing risk is a key objective of advances in Logility product
compliance software. A new product tracking dashboard identifies
purchase orders at risk. Sourcing teams can configure, send and
receive alerts for missing and expired test requests while also
following up with vendors to get products tested and certified
prior to shipment.
The latest release helps Logility clients further reduce risk
and enhances the delivery speed with visibility into suppliers
classified as restricted entities through the CBP/Department of
Commerce. After the client sourcing team uploads their supplier
list, the new capabilities will identify the at-risk suppliers and
related transactions. Users can then follow up on any at-risk
purchase orders or shipments to deactivate restricted suppliers in
their network.
“Enhancements to the Logility® Digital Supply Chain Platform
allow us to continue delivering value tailored to each client
through our Prescriptive DNA, a unique combination of our
configurable platform, deep industry expertise and agile
implementation,” says Allan Dow, president, Logility.
Learn more about the Logility® Digital Supply Chain
Platform.
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 aid clients 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, 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. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230524005505/en/
Heather Coyle hcoyle@logility.com
American Software (NASDAQ:AMSWA)
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