article thumbnail

ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning

ToolsGroup

EvoAI is the dynamic demand discovery technology that powers all Evo products. It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues.

article thumbnail

Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Retailers today need an integrated solution that is agile enough to adapt to even the smallest changes in demand.”

article thumbnail

Future-Proofing Transportation Spend in Supply Chains

Logistics Viewpoints

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. Globalization has expanded supply chains; the result is increased complexity and transportation costs. As challenges increase, technology continues to evolve to meet demand.

article thumbnail

Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and the challenges that may arise.

article thumbnail

Is the Just-In-Time Supply Chain’s Time Over?

Enterra Insights

According to Funnell, “It’s called Just-In-Time and it’s made some corporations and business moguls very rich. ”[2] Those comments beg the question: Is the Just-In-Time (JIT) Supply Chain’s Time Over? Maintaining Just-In-Time Principles. ”[3].

article thumbnail

5 Can’t-Miss Insights from the Retail Technology Show 2023

ToolsGroup

April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions.