Department store retailer will implement Logility to strengthen inventory management and improve in-store service levels
ATLANTA (Jan. 9, 2007) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that The Bon-Ton Stores, Inc. has selected Logility Voyager Solutions™ to better manage inventory, improve forecast accuracy and increase demand visibility across its enterprise of 282 department stores.
“As Bon-Ton continues to grow and expand its retail presence, it is necessary to have a system in place that will allow us to better manage inventory across all of our retail locations,” said James A. Lance, senior vice president and CIO, The Bon-Ton Stores, Inc. “We selected Logility Voyager Solutions to help us strengthen inventory management while also providing us with better demand visibility to ensure that we continue to increase in-store customer satisfaction levels.”
Logility Voyager Solutions will provide Bon-Ton with the visibility to significantly improve forecast accuracy by enabling a more comprehensive view of market demand, new product introductions, promotions and inventory policies. With Logility, Bon-Ton will be able to align inventory with customer demand which will improve in-store service levels and reduce inventory obsolescence. Bon-Ton will also be able to more efficiently plan and manage inventory for new product introductions, product seasonality factors and promotional activities.
“Logility Voyager Solutions help solve the challenges retailers face by providing the tools to deal with rapid cycle times, new product introductions, seasonality, global sourcing challenges and other supply chain challenges that threaten profitability,” said Mike Edenfield, president and CEO of Logility. “We look forward to helping Bon-Ton meet these challenges as they plan for future growth.”
For more information on how Logility Voyager Solutions help retailers synchronize consumer demand, supplier capabilities and logistics resources to eliminate stock-outs and increase customer satisfaction levels, visit www.logility.com.
About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc. operates 275 department stores and seven furniture galleries in 23 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger’s and Younkers nameplates and, under the Parisian nameplate, one store in each of Indianapolis, Indiana and Dayton, Ohio and two stores in the Detroit, Michigan area. The stores offer a broad assortment of brand-name fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. For further information, please visit the investor relations section of the Company’s website at www.bonton.com/investor/home.asp.
With more than 1,100 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management solution that features performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Bissell, Brown Shoe Company, Huhtamaki UK, McCain Foods, Pernod Ricard, Rand McNally, Sigma Aldrich, and VF Corporation. Logility is a majority owned subsidiary of American Software (NASDAQ: AMSWA). For more information about Logility, call 1-800-762-5207 or visit http://www.logility.com.
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 to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company`s products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company`s revenues. For further information about risks the Company could experience as well as other information, please refer to the Company`s Form 10-K for the year ended April 30, 2006 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: http://www.logility.com or E-mail: firstname.lastname@example.org.