ST. LOUIS--(BUSINESS WIRE)--
Demand Management, Inc. is pleased to announce that Joanna George, senior manager of global demand planning and processes at Siemens Healthineers, has been honored with the 2016 Ventana Research Business Technology Leadership Award in Service and Supply Chain Excellence. The award was given to her and the company for their implementation of Demand Management’s Demand Solutions supply chain planning solution to improve forecast accuracy, lower inventory, and improve cash flow.
The award in Service and Supply Chain Excellence recognizes the organization that has best contributed to, or led efforts to, optimize supply chain performance through applications and analytics. Ms. George received the honor in the category of Operational Leadership. The awards are intended to bring forward leaders and pioneers who have contributed to their organizations’ successes.
“Demand Management is delighted to congratulate Joanna George and Siemens Healthineers on this prestigious award,” said Bill Harrison, President, Demand Management. “We are deeply honored that our supply chain planning software played a transformative role in improving forecast accuracy for our distinguished customer.”
Siemens Healthineers needed to quickly migrate away from an acquisition’s spreadsheet-based planning to the Demand Solutions software to leverage its more robust forecasting. The company wanted to achieve or exceed 85% forecast accuracy for its reagent and consumables product planning, to better anticipate demand, and meet customer delivery expectations. This would also “right-size” inventory levels at distribution centers in the European Union and the United States, minimizing overstock and obsolescence.
“Demand Management is only successful when our customers are successful,” Harrison said. “Forecast accuracy is crucial in today’s business world, where demand comes from multiple channels, supply crosses complex, multitier networks, and customers expect rapid fulfillment of their orders. Joanna George and Siemens Healthineers have shown that an advanced supply chain planning solution can reduce demand uncertainty. This helps ensure that product is produced and inventory staged at the right place and time. Through this award-winning solution implementation, their demand planning organization has measurably impacted business success.”
About Ventana Research
Ventana Research is a business technology research and advisory services firm. The company provides insight and expert guidance on technology through research-based offerings that include benchmark research and technology evaluation assessments, education workshops, and its research and advisory services, Ventana On-Demand.
About Siemens Healthineers
Siemens Healthineers, part of Siemens AG, enables healthcare providers worldwide to meet their current challenges and excel in their business environments. A leader in medical technology, Siemens Healthineers has a portfolio of products and services in its core areas of diagnostic and therapeutic imaging and in laboratory diagnostics and molecular medicine, and is developing digital health services and enterprise services.
About Demand Management, Inc.
Demand Management, Inc. is a leading global provider of software-as-a-service (SaaS) supply chain planning software. These affordable, easy-to-use solutions for manufacturers and distributors are designed to increase forecast accuracy, improve customer service levels, and reduce overall inventory to maximize profits and lower costs. Designed to run on Azure, a cloud service from Microsoft, the Demand Solutions DSX supply chain planning solution offers functionality for demand optimization, supply optimization, manufacturing optimization, collaboration, data visualization, workflow optimization, integrated business planning (IBP) and sales and operations planning (S&OP). Demand Management, Inc. has worked with supply chain professionals for over 30 years and has incorporated their best practices and real-world business requirements into its software. The company’s extensive customer base across 79 countries includes Siemens Healthcare, AutomationDirect.com, and Newfoundland Labrador Liquor Corporation. Demand Management is a wholly owned subsidiary of Logility, Inc., which is a wholly owned subsidiary of American Software (NASDAQ: AMSWA), named one of Forbes Magazine’s 100 Most Trustworthy Companies in America.
Forward-Looking Statements
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, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of the Company’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, 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 Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.
Demand Management and Demand Solutions are registered trademarks of Demand Management Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.
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