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Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.
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Tuesday, July 22, 2008
Demand Management, Inc. Becomes Microsoft Certified Partner
Comtex
ST. LOUIS, July 22, 2008 /PRNewswire via COMTEX/ ----Demand Management, Inc., (DMI) a global resource for managing the supply chain for small and mid-sized enterprises, today announced it has fulfilled the requirements for the Microsoft Certified Partner designation with the ISV Competency. Its popular Demand Solutions(R) Forecasting and Inventory products have successfully passed the Software Solution Test for Microsoft Dynamics NAV 5.0 and have met the ISV competency requirements.
"Becoming a Certified ISV is an important milestone in our partnership with Microsoft and its Partner Community, our common customers and our powerful solutions for the Mid-market Enterprise," said Bill Harrison, President of Demand Management, Inc. "Microsoft Dynamics NAV has deep functionality for businesses in the mid-market distribution space. Now those businesses have access to a proven solution that increases inventory turns, customer satisfaction and overall profits."
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 http://www.demandsolutions.com . Demand Management is a wholly owned subsidiary of Logility, Inc. (Nasdaq: LGTY), which is a majority 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, 2008 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.
http://www.demandsolutions.com
Copyright (C) 2008 PR Newswire. All rights reserved
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