Cannondale Races Forward With Logility Supply Chain Planning Solution

ATLANTA, Dec. 8 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Cannondale Bicycle Corporation has selected Logility Voyager Solutions(TM) to improve its demand forecasting processes and reduce costs. Cannondale is the world's leading manufacturer of lightweight, high-performance road and mountain bikes, selling more than 80 models in over 70 countries worldwide.

"Our bicycles are lightweight, state-of-the-art machines," said John Doerr, Cannondale's President of Operations. "But handcrafted quality and innovative designs alone aren't enough - we need to keep our operations efficient and deliver finished products to our retailers and consumers in a timely manner. Logility will help the Cannondale team link our corporate strategies and objectives into the forecasting process. Our business is very seasonal, and Logility will help improve our planning accuracy tremendously by enabling corporate sales, operations, finance and marketing to generate a one-number forecast. By initiating a consensus planning process, we are taking another step that will generate both short- and long-term operational improvements."

Cannondale will use Logility Voyager Solutions to reconcile demand history, orders, trends and other information, enabling the company to produce a comprehensive overview of demand by stock keeping unit (SKU), customer and region.

"Empowering a one-number forecast is frequently the foundation for driving enterprise-wide supply chain improvements," stated Mike Edenfield, CEO and president of Logility. "Companies use Logility to establish a collaborative planning process and gain consensus across all departments to increase forecast accuracy, reduce inventory and boost customer service. The one-number forecast can then be used for all forward-looking business decisions, including sales and operations planning (S&OP). We are pleased to add Cannondale to our ever-growing list of consumer goods customers."

The Logility Voyager Solutions(TM) will run on the IBM eServer(R) iSeries(R) platform.