Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, today announced KGP Logistics, one of the country's largest single-source value-added suppliers of supply chain services, communications equipment and integrated solutions to the telecommunications industry, received the “Sailing to New Heights with Logility” award. Presented at Logility’s Connections 2012, the award recognizes a company who has demonstrated exceptional innovation in its effort to implement a collaborative supply chain process that significantly improves operations. Photos can be found at www.logility.com/sails. Previous winners include Verizon Wireless, Sigma Aldrich, Nutra Manufacturing, and Intertape Polymer Group.
KGP Logistics’ primary challenge was to accurately forecast its product sales, manage inventory targets and optimize supply plans to achieve customer service levels while accelerating inventory turns. KGP Logistics was also challenged with the post-acquisition integration of two companies which generated a highly complex supply chain network with multiple inventory replenishment and purchasing processes. The company realized it needed to take advantage of the advanced supply chain optimization capabilities of Logility Voyager Solutions™ to achieve its business goals and create ongoing value for its growing customer and supplier network.
“Logility Voyager Solutions helps us segment our customer demand and forecasts at meaningful levels ranging from the highest levels of aggregation to the lowest levels of granularity,” said Nicole Pemberton, director of procurement and inventory management, KGP Logistics. “Logility’s flexibility allows us to more closely collaborate with our internal team as well as external customers and suppliers resulting in actionable intelligence we can now incorporate into forecasts, inventory and supply plans. We are honored to be recognized for the outstanding achievements of our entire supply chain team.”
At KGP Logistics the results driven by the Logility Voyager Solutions implementation have been significant. In the six months since completing the final phase of implementation, KGP Logistics achieved several percentage points of improvement in MAPE (mean absolute percent error) forecast accuracy at an item / location level and a 25 percent reduction in forecast to actual demand value variance.