Lance, Inc. Deploys Logility Voyager Solutions to Boost the Efficiency of its Growing Snack Foods Supply Chain
With Logility, Lance will gain more visibility into market demand which will lead to increased forecast accuracy and optimized inventory levels.
13/09/07 Logility, Inc., a leading supplier of collaborative solutions to optimize the supply chain, announced that Lance, Inc., one of the nation's largest producers and distributors of snack foods, recently deployed Logility Voyager Solutions to improve the efficiency of its supply chain as it continues to grow its brands and distribution.
"Lance continues to experience growth in a variety of product categories and distribution channels," said Greg Wolljung, VP Service & Distribution, Lance, Inc. "To support this growth, we focused on implementing a strategy that would ensure that we increase efficiencies within our supply chain as we integrate new products into our inventory mix. We selected Logility Voyager Solutions as the technology solution to help enable this process and gain measurable improvements in forecast accuracy and inventory planning."
The deployment of Logility Voyager Solutions will enable Lance to get the right products to the right place at the right time by giving them the ability to improve inventory management for Direct Store Distribution as well as reduce inventory through a more consistent and systematic application of approved stocking policies. With Logility, Lance will gain more visibility into market demand which will lead to increased forecast accuracy and optimized inventory levels. The company will also have the ability to automatically calculate time-phased inventory plans which will help Lance prevent inventory redundancies and obsolescence.
"Growth creates additional supply chain challenges for food and beverage companies as new products are brought into the mix, additional manufacturing facilities are brought online and distribution routes are increased," said Mike Edenfield, CEO and president, Logility. "By transforming their supply chain into an efficient and flexible network with Logility, Lance is building a platform to support more profitable growth."