(Filed Under Technology News). Logility, a supplier of collaborative solutions to optimize the supply chain, has announced the launch of a new tool, Voyager Fashion Forecasting, to aid companies in the fashion industry to “improve pre-market demand planning for season collections and new product introductions, enabling greater forecast accuracy and cost reductions.”

“Fashion-driven companies are faced with a unique set of challenges due to the volatility of collection trends, time pressures and the profit risks of launching tody’s newest fashions quickly each season,” said Mike Edenfield, president and CEO. “This coupled with intense competition makes effective pre-market planning critical to boost profitability. Voyager Fashion Forecasting helps companies reduce the risk of new product introductions and gain a high degree of accuracy very early in the forecasting cycle to prevent problems that could potentially affect the bottom-line, like lost sales and excess inventory.”

Logility, a majority owned subsidiary of American Software, currently aids over 1,250 customers worldwide with supply chain solutions, including VF Corporation.

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Published 03-12-2009 by Bruna Fernandes