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SMALL BUSINESS
Utilizing Demand Solutions, Paper Island Ltd. Increases Seasonal Sales by 34%
ST. LOUIS, Oct. 13 /PRNewswire/ -- Demand Management, Inc., a global resource for managing the supply chain for small and midsized enterprises, announced today that UK-based card and gift retailer Paper Island Ltd. has increased profits through the use of Demand Solutions Retail Planning software.
Paper Island, a subsidiary of History and Heraldry, designs and produces creative greeting cards and giftware for all occasions and seasons. The company implemented Demand Solutions Retail Planning software to reduce stock-outs and simplify the replenishment process of Paper Island products for its main customer, one of the largest card and gift retailers in the UK.
"Shortly after we implemented Demand Solutions, like-for-like sales of our main brand Fizzy Moon® were 44 percent higher in the stores being auto replenished through Demand Solutions than in the non auto-replenished stores," said director of operations for Paper Island Phil McNulty.
Seeking a solution that would integrate seamlessly with the company's current inventory planning software, Demand Solutions Forecast Management and Requirements Planning, Paper Island implemented Demand Solutions Retail Planning. The solution specifically addressed the company's store-level inventory planning problem by utilizing point-of-sale data to automate and streamline the inventory replenishment planning process.
"Sales of cards and gifts for the Christmas season were approximately 34 percent higher than previous years," said McNulty. "Although the quality of designs and products were improved, we believe that the sales increase was largely because of Demand Solutions Retail Planning."
"Many manufacturers are struggling to successfully reduce stock-outs at the retail level because of out-dated, time-consuming replenishment processes," said Demand Management president Bill Harrison. "By implementing an automated replenishment system that utilizes retailer point-of-sale data, Paper Island was able to gain a significant advantage in the competitive greeting card market, reduce stock-outs and increase sales."
To read the full Paper Island case study, visit http://www.demandsolutions.com/case-studies/DSMag-2010-Paper-Island.pdf
About Demand Management, Inc.
Demand Management, Inc. (DMI) is a global resource for software, support, services and training for maximizing profits in manufacturing, distribution and retail operations. More global supply chains depend on DMI's Demand Solutions than any other system for forecasting, demand planning and point-of-sale analysis. For more information on DMI, visit www.demandsolutions.com. Demand Management is a wholly-owned subsidiary of Logility which is a wholly-owned subsidiary of American Software (Nasdaq: AMSWA).
Forward-Looking Statements
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions; technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2009 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777.FAX: (404) 264-5206 INTERNET: HTTP://www.logility.com or E-mail asklogility@logility.com. All trademarks are properties of their respective owners.
SOURCE Demand Management, Inc.