Logility positioned as the Leader in the SPARK Matrix™ for Global Supply Chain Inventory Optimization 2024 by Quadrant Knowledge Solutions

Logility positioned as the Leader in the SPARK Matrix™ for Global Supply Chain Inventory Optimization 2024 by Quadrant Knowledge Solutions

Atlanta, GA - October 7, 2024 - Quadrant Knowledge Solutions announced today that it has named Logility as the 2024 leader in the SPARK Matrix™ analysis of the Global Supply Chain Inventory Optimization market.

The Quadrant Knowledge Solutions SPARK Matrix™: Global Supply Chain Inventory Optimization Q3, 2024, includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Global Supply Chain Inventory Optimization vendors in the form of its SPARK Matrix™. It provides users with strategic information to evaluate vendor capabilities, competitive differentiation, and market position.

According to Dharun R, Analyst at Quadrant Knowledge Solutions, "Logility's inventory optimization solutions stand out in the market due to their advanced capabilities in Gen AI for strategic inventory planning. By offering multi-echelon inventory optimization and automated safety stock maintenance, Logility enables organizations to efficiently manage inventory across complex supply chains. The platform's probabilistic inventory planning and what-if scenario analysis empowers businesses to enhance operational efficiency and make data-driven decisions. These features position Logility as a leader in delivering innovative and comprehensive solutions that address the evolving needs of global supply chains."

According to Pruthvi Raj V, Senior Analyst at Quadrant Knowledge Solutions, "Logility's supply chain planning & execution convergence, strong partner ecosystem, a compelling vision & roadmap, industry-specific capabilities, particularly in manufacturing, food and beverage, consumer goods and life sciences industries has positioned the company as a leader in the Global Supply Chain Inventory Optimization market."

"Logility is proud to be recognized as a Leader in the 2024 Quadrant Knowledge Solutions SPARK Matrix™. By harnessing the power of narrow AI, generative AI, and predictive analytics we enable organizations to proactively optimize inventory levels, anticipate demand fluctuations, and strengthen overall supply chain health, said Scott Tillman, VP of Innovation at Logility. "Logility's AI-first approach goes beyond simple safety stock calculations, and fixed lead times, to analyze inventory performance against plan and provides immediate insights into more profitable inventory positions. Clients apply our intelligent scoring to focus attention on the most important opportunities - ultimately reducing bloated inventories while increasing service levels and avoiding stockouts."

Quadrant Knowledge Solutions defines a Global Supply Chain Inventory Optimization as "the strategic process of maintaining an ideal amount of inventory and keeping the right balance between capital investment and service-level goals, across multiple Stock Keeping Units (SKUs). The aim is to minimize the inventory holding cost while fulfilling customer demand. Inventory Optimization leverages historical data, advanced analytics, and generative AI to ensure optimum stock levels at the right time. It also takes into consideration the volatility, risks, and probable disruptions in the supply chain and reduces unnecessary costs, stockouts, and overstocking while optimizing stock levels"

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, visit: https://quadrant-solutions.com/market-research/  

Media Contact:
Ajinkya Ingle
Quadrant Knowledge Solutions
Email: [email protected]

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people's lives and the world we live in. The company's approach is designed to reimagine supply chain planning by shifting away from traditional "what happened" processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what's coming. Logility's fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 600 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Media Contact:
[email protected]

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