Product Overview of Logility
Logility is a comprehensive digital supply chain platform designed to help manufacturers and larger companies manage complex supply chain operations efficiently. Here’s a detailed look at what the product does and its key features:
What Logility Does
Logility’s platform leverages advanced artificial intelligence (AI), machine learning (ML), and predictive analytics to optimize supply chain planning, inventory management, and demand forecasting. It integrates various data sources, including ERP, big data, and IoT, to provide a unified view of the supply chain. This integration enables strategic inventory management, moving beyond traditional safety stock models, and enhances overall supply chain visibility and optimization.
Key Features and Functionality
Integrated Business Planning
- Logility offers a Decision Command Center for centralized decision-making.
- It includes scenario planning and sales and operations planning (S&OP) as well as operations execution, ensuring aligned business strategies.
InventoryAI
- This module is designed for multi-echelon inventory optimization (MEIO), synchronizing inventory goals and automating inventory policy updates.
- It optimizes inventory across various stages and locations, categorizes different types of inventory (finished, WIP, component, raw), and determines ideal stocking locations.
- InventoryAI also calculates the size of inventory buffers and creates inventory policies based on algorithmic optimization and machine learning results.
DemandAI
- This feature focuses on demand planning and optimization, using market-based demand sensing with real-time insights.
- It includes pricing and promotion analysis to adjust demand profiles and optimize sourcing, manufacturing, replenishment, and pricing decisions.
Supply Management
- Logility provides supply planning, manufacturing planning, and optimization across all facilities.
- It includes vendor management and performance tracking with RFQs and profiles, quality control, and corporate responsibility (CR) compliance.
Supply Chain Data Management
- The platform integrates ERP, big data, and IoT data sources using supply chain master data management.
- It minimizes custom development by up to 90%, reduces data synchronization time, and ensures high-quality data through advanced data transformation and error checking.
Advanced Analytics and Reporting
- Logility offers advanced analytics, data visualization, and business reporting capabilities.
- Users can create reports, dashboards, and scorecards, and perform data discovery and segmentation analysis to gain deeper insights into their supply chain operations.
Product Lifecycle Management
- The platform supports product lifecycle management, including forecasting the demand impact of events such as new product launches, product upgrades, pricing changes, and product discontinuation.
Deployment and Scalability
- Logility is a cloud-based (SaaS) platform, ensuring scalability and adaptability to new business requirements.
- It uses a “net change” approach to synchronize large data volumes quickly and efficiently, reducing the impact on ERP and other external data sources.
In summary, Logility’s digital supply chain platform is a robust solution that leverages AI, ML, and advanced analytics to optimize supply chain operations, demand forecasting, and inventory management. Its integrated approach and scalable design make it an ideal choice for larger companies, particularly those in the manufacturing sector.