Intertape bags prestigious 2008 sailing to new heights with Logility award
23 Jun '08
2 min read
Logility Inc a leading supplier of collaborative solutions to optimize the supply chain, announced Intertape Polymer Group Inc, a leading tape and film manufacturer in North America, has received the 2008 Sailing to New Heights with Logility Award for supply chain excellence.
Intertape Polymer Group implemented Logility Voyager Solutions to increase visibility into customer demand and help build a more efficient supply chain.
Rapid growth through acquisitions created complexity and several challenges within Intertape Polymer Group's supply chain including a broad product portfolio that needed to be rationalized.
As a result of the Logility deployment, Intertape Polymer Group has improved fill rates from less than 70% to 95%, increased forecast accuracy from 56% to 86%, reduced total inventory by $40 million year-over-year, built stronger internal collaboration and achieved higher customer service levels.
“Logility Voyager Solutions helped us significantly increase demand visibility and forecast accuracy, refine our inventory and replenishment planning processes and gain an overall more proactive supply chain,” said Joe Tocci, senior vice president of supply chain, Intertape Polymer Group.
“We are honored to be recognized for the success that we have achieved in a short period of time with the support of Logility.”
Intertape Polymer Group was presented the 2008 Sailing to New Heights with Logility Award at Logility's recent “Connections 2008: Saddle Up for Supply Chain Success” conference.
Past recipients of the prestigious award include Nutra Manufacturing, Porsche, Remy International, Saks Incorporated, and Shaw Industries.
“Intertape Polymer Group was able to quickly achieve substantial improvements across a broad set of supply chain processes as a result of Logility Voyager Solutions, and we congratulate them on their success,” said Mike Edenfield, president and CEO, Logility.
“We are proud to recognize the supply chain team at Intertape Polymer Group for their achievements and look forward to continuing our partnership by providing innovative solutions to support their future growth and profitability.”