ToolsGroup

NOVEMBER 15, 2016

In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Unsurprisingly, the highest percentage of respondents in a recent Gartner/Supply Chain Digest survey selected forecast accuracy and demand variability as the top barriers preventing them from reaching their broader supply chain goals.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Logility

JANUARY 13, 2022

delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Date: Wednesday, January 19, 2022. Time: 10:00 am ET. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Let me share some and see what you think: Does forecast ownership make a difference in outcomes?

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth?

Supply and Demand 393

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 393

ToolsGroup

MAY 23, 2023

ToolsGroup customer, illycaffè, will share how probabilistic forecasting supports a customer-centric planning process, helps guarantee product availability, and successfully navigates uncertainty. Thanks to ToolsGroup’s AI-powered probabilistic forecasting engine, the company improved and accelerated its forecasting and planning processes.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Forecasting 156

ToolsGroup

MAY 21, 2024

From advanced forecasting and robust S&OP processes, Franke implemented ToolsGroup’s AI-powered solution to support end-to-end planning, increase efficiency and enhance visibility. Dive into supply chain strategy and tech at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, Spain.

Gartner 156

Gartner Supply Chain Planning Software ToolsGroup Supply Chain Design Software 156

ToolsGroup

APRIL 25, 2023

ATD will share how collaborative forecasting improved supplier performance and revolutionized its supply chain for business-wide benefits, thanks to ToolsGroup’s AI-driven planning solutions BOSTON – April 25, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10.

ToolsGroup 156

ToolsGroup Gartner Florida Inventory Reduction 156

ToolsGroup

MAY 21, 2024

From advanced forecasting and robust S&OP processes, Franke implemented ToolsGroup’s AI-powered solution to support end-to-end planning, increase efficiency and enhance visibility. Dive into supply chain strategy and tech at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, Spain.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Software Supply Chain Design Software 156

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Lack of Focus on Form & Function of Inventory and Designing Network Flows.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

JUNE 21, 2023

We learned from the Conference Board C-Suite Outlook that rising inflation, labor shortages, and supply chain disruptions were high impact issues for CEOs in 2022. All of these issues remained relevant in 2023 as well (see Conference Board C-Suite Outlook 2023 ). And they must be capable of adapting to various demands.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 238

Logistics Viewpoints

FEBRUARY 15, 2023

Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Negative Impact from External Factors The Conference Board survey results indicated labor shortages and inflation to be top concerns for CEOs.

Supply Chain Planning 201

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 201

ToolsGroup

MAY 6, 2024

If you’re interested in learning more, come visit ToolsGroup today at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Booth #817 in the Planning Village or read more HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Supply Chain Shaman

AUGUST 12, 2022

I have to race to a call when the plane lands to join a conference call.” Analyze the Coefficient of Variation (COV) at different points in the demand hierarchy to understand forecastability, and analyze the bias, FVA and latency of the current plan. In the pilots, both companies have a negative Forecast Value Added (FVA).

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

Logistics Viewpoints

JUNE 13, 2022

Mr. Amend explained Walgreens’ project in a speech at the Blue Yonder ICON user conference on May 25 th. But the inventory planning systems that forecast where inventory will be needed are not. No forecast is perfect. The problem with this is that forecasts are based on history.

Supply Chain Planning Software 304

Supply Chain Planning Software Forecasting Software Demand Planning Software Puerto Rico 304

ToolsGroup

APRIL 3, 2023

Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference. After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

Supply Chain Movement

APRIL 26, 2016

Sennheiser has discovered that the large majority of its products can be forecast accurately based on statistics, which enables the company to direct its attention towards the critical products. Forecasting is not about predicting the future, but rather about managing risks. By Marcel te Lindert, translation by Lynn Radford.

Forecasting 60

Forecasting Scenario Planning S&OP Supply Chain Planning 60

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

APRIL 24, 2024

I am coming to you from the sunny confines of San Diego, CA where I am attending the 2024 Körber Elevate conference. Sean Elliot, Acting Co-CEO kicked off the conference with a keynote that highlighted what Körber did in 2023, but more importantly, where the company is going in 2024.

Course 230

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 230

Kinaxis

JANUARY 29, 2015

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with our customers. Check out: Celestica’s Top Priorities for Improving Forecast Accuracy. And, we’d like to share them! Having visibility is one thing,” says Murphy.

Forecasting 100

Forecasting Forecasting Software Video Supply Chain Planning Software 100

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known.

Gartner 369

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 369

ToolsGroup

JUNE 26, 2019

Back home today after a fantastic trip to Spain including the Gartner EMEA Supply Chain Executive Conference. 1] ” Not surprisingly, the top three use cases where machine learning are being applied are demand forecasting, supply planning and demand sensing and shaping. Read more about inventory optimization for the digital age.

Gartner 120

Gartner Supply Chain Execution Supply Chain Planning Software Supply Chain Software 120

ToolsGroup

APRIL 14, 2023

Powered by ToolsGroup Inventory Hub, which provides real-time perpetual inventory signals from across the enterprise, JustEnough enables complete dynamic forecasting, allocation, replenishment, and fulfilment for more accurate forecasts, more agile merchandise financial plans, and more precise assortment and inventory stock plans.

ToolsGroup 120

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 120

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

ToolsGroup

APRIL 13, 2020

Rafael Labbé, Supply Chain Director at Suministros y Alimentos, a distributor to McDonalds Mesoamérica, shared his company’s experience and COVID-19 supply chain response with ToolsGroup’s Kathleen Geraghty at the recent ToolsGroup virtual user conference. If you do the math there, you have to make 748,000 inventory decisions per month.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Logistics Viewpoints

JUNE 10, 2024

Christian Klein, SAP’s CEO, Speaking at Sapphire SAP’s user conference, Sapphire, ran from June 3 rd through the 5 th in Orlando. Supply chain planning is frequently subject to a black box problem—users don’t understand the recommended manufacturing or inventory plan arising from an optimization run.

SAP 243

SAP Supply Chain Planning Software Modeling Logistics Network Optimization Software 243

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted. inventory turns.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

BlueYonder

MAY 6, 2024

Blue Yonder recently attended the LogiMed USA 2024 conference in beautiful Palm Springs, California. The conference provided Blue Yonder with a wonderful opportunity to make meaningful connections with attendees. Annual supplier conferences where company vision is shared across suppliers are also becoming more prevalent.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply and Demand Supply Chain Network Software Forecasting Software 82

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

ToolsGroup

JANUARY 19, 2024

Last year witnessed a considerable impact on retailers’ profits attributed to shrink, commonly recognized as lost inventory. The imperative of implementing a comprehensive process to ensure full visibility into inventory has become more paramount than ever before.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

ToolsGroup

NOVEMBER 6, 2018

Source: Gartner Supply Chain Executive Conference. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Gartner 232

Supply Chain Shaman

JUNE 29, 2022

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Logistics Viewpoints

MAY 27, 2022

I was fortunate enough to spend the beginning of this week at Manhattan Associates’ Momentum user conference. It was great to be back in person at a conference, seeing people face to face. Although virtual conferences do offer convenience, they lack a personal touch and the ability to network with others in person.

Logistics Network Optimization Software 255

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 255

Kinaxis

MAY 30, 2017

by Dr. Madhav Durbha I enjoy attending conferences. One conference I recently attended is the Gartner Supply Chain Executive conference in Phoenix, Arizona. Use of drones ( EyeSee inside the warehouse for scanning and tracking inventory, Prime Air for delivery). Autonomous vehicles going well beyond driverless cars (e.g.

Gartner 189

Gartner Supply Chain Execution Conference Supply Chain Planning Software 189

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Tight coupling of the supply chain forecast to the financial forecast will improve value. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Don’t believe me?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is not sufficient and is often a detrimental input for supply chain forecasting. Time horizon. Bias and error.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189