ToolsGroup

Here’s How to Measure Inventory Health

ToolsGroup

Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup.

Three Tips for Building an Agile CPG Supply Chain

ToolsGroup

On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. Consumer goods e-commerce sales for example increased 91% year over year according to a NielsenIQ analysis.

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Your Demand Forecast Is Wrong. Here’s How to Fix It.

ToolsGroup

If you were still using a computer or a telephone from the 1960s today, you’d get some strange looks, to say the least.

For Distributors, Mitigating Supply Uncertainty Begins with a Better Forecast

ToolsGroup

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Today distributors are navigating increasingly unpredictable supplier lead times and availability.

Implementing Supply Chain Network Design

Companies want to maximize service levels, but they also want to cut costs. These goals are often at odds with one another. How do you find the optimum balance? This guide offers hands-on advice that will help you use network design to achieve successful results.

Survey Reveals an Inflection Point in Supply Chain Digital Transformation

ToolsGroup

The Council for Supply Chain Management Professionals (CSCMP) and ToolsGroup surveyed more than 200 supply chain professionals around the world on the state of supply chain digital transformation in planning. This blog post highlights some of the key findings.

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Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail.

Smarter, Low-Risk Commodity Buying

ToolsGroup

By FinStock South Africa. The importance of having the right inventory at the right price to service customer demand is crucial. Nowhere is this truer than on commoditized products. With commodity buying, customers have a wide range of vendors to buy from and switch often to protect their margins.

Three Things Telecom Supply Chains of the Future Need to Do Now

ToolsGroup

The telecommunications industry has become so highly commoditized that customers perceive only marginal differences in products and prices among the various market players. Want to have a winning telecom supply chain?

What Is Supply Chain Risk Management…and Why Can’t I Get a PS5?

ToolsGroup

Do you want to buy a Playstation 5? Get in line. Severe supplier constraints and the resulting chip shortage have made things quite tenuous for fans of Sony’s latest gaming system.

A Recruiter’s Guide To Hiring In 2021

With vaccination rates rising, consumers spending more money, and people returning to offices, the job market is going through a period of unprecedented adjustment. As the New York Times observed, “It’s a weird moment for the American economy.” And recruiting professionals are caught in the middle. To make the most of this disruption, you need to understand the economic drivers, develop a strong strategy for unearthing valuable talent, and use the latest tech tools to get the job done. Read this guide to get your recruiting practice ready to thrive in the new normal.

Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

by Nicola Buttolo, CEO Carpe Diem Valuenet. When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock.

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella.

The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below.

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Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation.

4 Reasons to Break Up With Excel and Move to Digital Supply Chain Planning

Trust your supply chain forecasts: adopt a predictive intelligence platform to outperform your supply chain goals, overcome challenges of spreadsheet-based planning, reduce risks, enhance customer satisfaction, and improve the bottom line.

Podcast: Designing Supply Chains for Sustainability

ToolsGroup

In episode four of Be Ready for Anything, hear from Martin Jertz, ToolsGroup’s Business Development Manager for Central Europe, about how organizations can build sustainability into their supply chains while trimming costs and improving efficiency.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world.

How Supply Chain Optimization Enhances Your Strategic Business Plan

ToolsGroup

Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service.

How Do You Plan for the Unpredictable? Advice for Supply Chain Planners in 2020

ToolsGroup

ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at Supply Chain Brain , to share anecdotes and advice for supply chain planners in a year no one could have planned for.

Reaching Unreachable Candidates

Speaker: Patrick Dempsey and Andrew Erpelding of ZoomInfo

What is ZoomInfo for Recruiters? Find and connect with the right talent to fill roles fast with more data, basic search, advanced search, candidate and company profiles, and export results. Watch this On-Demand Webinar today to see how ZoomInfo for Recruiters can work to get your talented candidates results.

Melitta: Collaborating for an Improved Forecasting Process

ToolsGroup

Melitta is a household name for anyone who drinks coffee, but the Melitta Group’s business activities extend far beyond drip filters for your morning brew. With a revenue exceeding 1.6 billion Euros, Melitta products also include kitchen staples like aluminum foil and sandwich paper.

Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules.

Supply Chain Talent Shortage Demystified

ToolsGroup

In this episode of 3 Minutes in the Loop, ToolsGroup’s General Manager for North America David Barton breaks down the reasons why there is a supply chain talent shortage, and the role of automation in the shift from tactical activities to more strategic and long-term priorities for planners.

Why a Software Proof of Concept (POC) Is Better than an RFI

ToolsGroup

A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky.

New Supply Chain Design Software Benefits Calculator

Curious how much can you potentially save by optimizing your supply chain network? Our benefits calculator helps you find out.

McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains.

Five Tips for How to Run a Successful Software Proof of Concept (POC)

ToolsGroup

Selecting and implementing a new supply chain solution is a risky career move for any supply chain manager. The wrong solution can cost the company millions and cost the manager their job.

Podcast: Reinforcing Supply Chains Through Digital Transformation

ToolsGroup

In episode five of Be Ready for Anything, hear from George Fowler, Group Vice President at Spinnaker SCS, about how strategic digital transformation initiatives prepare supply chains to successfully withstand significant business disruptions.

How to Select Supply Chain Planning Software

ToolsGroup

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives.

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Don’t Forecast Demand, Model Your Demand

ToolsGroup

Demand modeling is different from demand forecasting. Simply put, it doesn’t forecast demand, it models demand. Forecasting typically starts with a time series of data—usually presented as a bar chart displaying demand by month or by week.

A Tale of Two Industries: Surprising Demand Spikes amid Supply Chain Disruption

ToolsGroup

Levent Ozsahin, Managing Partner at Advancetics B.V. It’s human nature to miscalculate how best to respond to supply chain disruptions–either over- or under-steering in anticipation of a crisis.

Is Your Supply Chain ‘Ready for Anything’?

ToolsGroup

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math.

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed.

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.