Standard Motor Products Expands Its Use Of Logility Voyager Solutions
Logility, Inc. (Nasdaq: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Standard Motor Products, Inc., a leading independent automotive parts manufacturer and distributor in the aftermarket industry, has extended its use of Logility Voyager Solutions to meet new inventory management demands brought on by its acquisition of the Engine Management Division of Dana Corporation (DEM) in 2003 and to proactively monitor supply chain performance and automate collaboration with key customers and suppliers.
"Over the past eight years, Logility Voyager Solutions have allowed Standard Motor Products to reduce inventory while maintaining high service levels for our engine management division," said Eric Sills, general manager, Engine Management Division, Standard Motor Products. "With our DEM acquisition in 2003, our business has grown significantly and we have experienced more demand volatility along with a significant increase in SKU volumes. Logility Voyager Solutions will expand our capabilities and enable us to cost- effectively manage these market dynamics which will in turn help us optimize inventory investments and deliver superior customer service."
Standard Motor Products will leverage Voyager Demand Planning, Inventory Planning and Replenishment Planning to improve their overall supply chain performance and help keep the demand planning team focused on Key Performance Indicators (KPIs); to continue to accurately forecast future demand and optimize inventory investments; to streamline new product introductions and old product retirements; and to collaborate with key customers and suppliers to better integrate their businesses. Voyager Supply Planning will be used to help balance distribution centers and reduce total supply chain costs. Voyager Global Sourcing Management will enable Standard Motor Products to improve visibility into supplier operations across its global supply network.
"Logility is very experienced at helping aftermarket service parts companies gain visibility of future customer demand; manage time-phased inventory and replenishment requirements; and optimize distribution and inventory deployment to cost-effectively service their customers," said Mike Edenfield, president and CEO of Logility. "We are pleased that Standard Motor Products has achieved significant benefits through its use of Logility Voyager Solutions over the past eight years and look forward to Standard's future success as Logility expands into other areas of operations."
Logility offers a complete service parts management solution that spans the global supply chain, demand, inventory and replenishment planning; manufacturing planning and global sourcing; transportation planning and execution and warehouse management. For more information on Logility Voyager Solutions, visit http://www.logility.com.
About Standard Motor Products
Standard Motor Products is leading independent manufacturer and
distributor of replacement parts for motor vehicles in the automotive
aftermarket industry. Standard Motor Products manufactures automotive
replacement parts that supply Engine Management and Temperature Control parts
for all makes of cars and trucks - domestic and imported, new as well as older
vehicles. Standard Motor Products' parts are sold primarily throughout the
U.S., Canada and Latin America, by traditional warehouse distributors and
major retail chains. Standard Motor Products is headquartered in Long Island
City, NY, with more than 20 factories and distribution centers throughout the
U.S., Puerto Rico, Canada, Europe and the Far East.
About Logility
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, Jockey International, McCain Foods, Mill's Pride,
Pernod Ricard, Rand McNally, Sigma Aldrich, and VF Corporation. Logility is a
majority owned subsidiary of American Software (Nasdaq: AMSAE). For more
information about Logility, call 1-800-762-5207 or visit
http://www.logility.com.