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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: McGraw-Hill, 2009.

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Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. Across the CPG industry, demand forecast errors increased in 2014 and were unchanged in 2015, according to Gartner analyst Steve Steutermann. Leverage Inventory More Effectively.

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3 Lessons from Gold and Silver Pawn: This… is Supply Chain, This… is Pawn Stars

Kinaxis

by CJ Wehlage If you read my prior blog, “ Storage Wars rescues supply chain ignominy ”, you would have seen my garage after I moved from Boston to San Diego. Every box we collected for 16 years, stuffed in the Boston attic. In January, 2015, I will follow up this blog with more details. Think “cash-flow” at every transaction.

Las Vegas 184
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Big Data, Analytics, and Industry 4.0

Enterra Insights

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They include: Inventory Optimization. Eswara writes, “Inventory management in the supply chain is a key area where OEMs can leverage AI to achieve efficiencies in the supply chain network.

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Supply chain has played a crucial role in its evolution into a provider of solutions for hospitals.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

” CNN Money Watch, August 12, 2015. Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals).