As supply chains move away from emotion-based projections and into a digital era with predictive and prescriptive analytics, Logility hopes to speed the transition with its acquisition of Halo Business Intelligence.

"Supply chains are powerful interconnected ecosystems that contain enormous amounts of usable data that is left untapped by most companies," explains Logility president Allan Dow. "Adding Halo to Logility's solution portfolio allows us to accelerate and extend our advanced analytics and supply chain master data management capabilities to generate actionable insights for our customers.

"The combined expertise in analytics, artificial intelligence and machine learning enhances our capability to visualise the right information when and where our customers need to take action, reduce costs, improve customer service and drive more profitable growth for their businesses."

The acquisition teams Logility's collaborative supply chain and retail planning systems with Halo's software that transforms data from disparate company-wide systems into intelligent and actionable business information.

The combination should improve visibility and help users make quicker, smarter fact-based decisions across the entire supply chain network from raw materials sourcing to omni-channel delivery.

Logility, whose customers include Abercrombie & Fitch and VF Corporation, intends to embed Halo's advanced analytics into its Voyager Solutions advanced analytics platform.