ToolsGroup

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.

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.

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

Here’s How SKF Clinched the Gartner Supply Chainnovator Award with Digital Twin

ToolsGroup

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category.

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.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

How Promotions Planning Software Enables Collaboration That Pays Off

ToolsGroup

Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue.

Insights into Navigating COVID-19 Planning

ToolsGroup

Tune into the first episode of Be Ready for Anything, ToolsGroup’s new video podcast. In this series, we’ll be interviewing industry experts about some of the world’s most complex supply chain and demand planning challenges.

Video 156

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions.

8 Considerations for Post-COVID Supply Chain Planning

ToolsGroup

Dave Food, Strategy Director of Prophetic Technology, discussed in a recent webinar how companies have adapted their supply chains during this crisis, and provided guidance in planning for recovery and future uncertainty.

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening?

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Another Way to Think About Supply Chain Risk Management

ToolsGroup

In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility. Now we apply this same macro-agility and micro-agility concept to risk management.

How COVID-19 Will Change Supply Chains For Good

ToolsGroup

As the COVID-19 outbreak progresses, I’ve been watching the effects on supply chains and the impact of true demand (N95 masks) versus hyped demand (toilet paper). Both examples are currently seeing stock-outs, but the toilet paper shortage is more of a logistics issue than a physical supply problem.

Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes.

Why Smoking Costs Employers More Than They Realize

Your employees are smoking, and at a cost of $7,000 per year for each employee who smokes, that adds up - fast! This free report will show you how an effective cessation program pays for itself.

Five Things You Need to Know about Inventory Optimization in the Digital Age

ToolsGroup

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. The reality is that this transformation takes time and a change of mindset.

Railroad Service Provider Nordco Stays on Track by Speeding Up Its Planning Process

ToolsGroup

With 100 years of experience, Nordco is a veteran of the railway industry. The company provides the products and services that rail-related industries need to stay on track, including substantial aftermarket spare parts and equipment production.

Resilient Supply Chains: Are We Poised for the Next Era in Planning?

ToolsGroup

Supply chain planning concepts have been around for nearly half a century, but now many converging factors and technologies are ushering in a new era for this mature supply chain solution.

The Franke Story: Three Points to Learn about Supply Chain Complexity

ToolsGroup

Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage.

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

What Is Demand Sensing and How Do You Get Started?

ToolsGroup

“Good old supply chain. It just gets simpler every year!”. said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. Internet-fed trends are changing at hyper-speed.

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. Amazon sells more than 3 billion products through 11 different country marketplaces globally. In the U.S.

How To 249

How Does ToolsGroup Boost Planner Productivity to Help Your Team Be Ready for Anything?

ToolsGroup

Adding automation to supply chain planning enables planners to be more productive and improves supply chain performance. By freeing up time formerly spent on manual tasks, planners are able to focus on more creative work, while increased visibility reduces silos within organizations.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

When a business finds itself in a declining market, failing to stay in lock step with customer demand poses an existential threat. Trends and other market forces that impact commercial opportunities need to appear on the planning radar.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media).

Business Intelligence vs. Inventory Optimization: Are You Solving Symptoms Instead of the Real Problem?

ToolsGroup

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need.

Robots in the Building: The Positive Influence of AI for Supply Chain Planners

ToolsGroup

Have you looked at a job listing for a supply chain planner recently? The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills.

Keeping It Local: How Shorter Supply Chains Impact Supply Chain Planning

ToolsGroup

After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. But first let’s take a look at the factors driving this change. . Contracting Supply Chains. .

Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.

How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning.

Digital Transformation in Supply Chain Planning: Barrier or Enabler?

ToolsGroup

Study shows most companies are still formulating and gaining support for a digital strategy, and fear of change is the biggest roadblock. By George Fowler, group vice president, Spinnaker Supply Chain. Has your company initiated a digital transformation initiative?

Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives.

How to Find Business Opportunities Amid the Coronavirus Supply Chain Crisis

ToolsGroup

Here are ideas for grasping opportunities in the midst of the Coronavirus supply chain challenges. The coronavirus’ supply chain and business impacts are being felt around the world and in our backyards: this strange time is slamming markets, causing confusion and changing patterns of normality. A common reaction seems to be to close shop, hoard toilet paper and canned goods and expect the worst. These events surprise us every few years.

How To 152

New Planning Maturity Assessment

In today's new supply chain paradigm, resilience and agility are key. Is your planning process fit enough to keep up with the pace of change? Is your tech stack helping or hindering your progress? Take AIMMS's new quiz to uncover learnings and benchmark yourself against peers!

Which supply chain planning processes should we automate?

ToolsGroup

Now that more companies are embracing supply chain planning productivity and automation, many firms are asking which processes they should automate. Let's first address that question and then look at where this trend is heading in the future.