Logility to acquire Garvis.

Logility, a company specialising in prescriptive supply chain planning solutions, agreed to acquire Garvis, a visionary SaaS startup that combines large language models with AI-native demand forecasting. Financial terms were not disclosed. "We are at the precipice of a significant transformation in supply chain planning with advancements in technology, generational shifts of planners, and the significant speed of market changes and disruptions. With an AI-driven approach at their core, Garvis revolutionized the way companies forecast demand in very dynamic market. We're bringing them into Logility's portfolio to accelerate our shared vision to break the boundaries of traditional myopic supply chain planning solutions," Allan Dow, Logility President.